Saving

5 Frugal Living Tips That Really Work: Warren Buffett’s Money Saving Habits

5 Frugal Living Tips That Really Work: Warren Buffett’s Money Saving Habits

Personal Finance, Saving, Warren Buffett /

Most people assume that building real wealth requires a high income or a lucky break. The truth is far more straightforward and far less exciting. Warren Buffett, one of the wealthiest people on the planet, has spent decades proving that frugality is not about deprivation. It is about intention. Warren Buffett didn’t become frugal after […]

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The Difference Between Saving, Investing, and Speculating

The Difference Between Saving, Investing, and Speculating

Investing, Saving, Speculating, Speculation /

There is a big difference between saving, investing and speculating with money. Savings is putting money away safely for future use in a low interest account. Investing is putting capital into an asset of value for either potential cash flow or appreciation. Speculating is betting on an asset increasing dramatically in value mostly due to

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