Thursday, 15 August 2013

How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth (1999)

@2.30  Focus on your own earning potential.  How to realise your full potential? Education to unlock this potential.  Next is developing the right habits (integrity, smart and energetic).
@7.38:  A piece of financial advice.  Avoid credit cards.  Save. Save. Save.  Be ahead of the game.
@23.50  Advice for youth on how to ensure their financial future.  Develop your full potential.  Most people go through life in a "sleep walk".  Always be ahead of the game.  Save. Save. Save.  Don't be behind the game. Have net resources and not having debt.  Don't get behind by buying a lot of things that you have to pay interest on.
@27.00  Buffett's advice on students' education debts.  High price education versus lesser price education. You need to be prodded in the right direction, but most education is SELF TAUGHT.
@38.30:  How does Warren Buffett decide how to invest his time and money in?
@47.50   Warren Buffett's advise those who are interested in stocks and how they can get involved in this..
(His previous 8 years involvement with stock led him to reading Intelligent Investor when this book was written.)

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