The Golden Rule Of Consumption According To Warren Buffett

Advertisement

The Oracle of Omaha has a great knack of simplifying some of the more complex financial theories.

When quizzed recently on the relationship between Consumption and Income, in a macroeconomic context, his reply was so beautifully simple that we could all learn from it.

‘Match your Consumption to your Income, not the other way around.’

It sounds simple enough, but many of us often find ourselves on this endless consumption loop. When we do that, we’re always looking to increase our consumption.

But Mr. Buffett’s approach is much more likely to lead you to happiness and in so doing, success.

#warrenbuffett #financialadvice #consumption