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.)