Warren Buffett: Spend Only After Saving
on Sunday, March 1, 2015Warren Buffett Money Quotation saying we approach saving backward – we should save before spending always. Warren Buffett said:
“Don’t save what is left after spending; spend what is left after saving” — Warren Buffett
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Warren Buffett is advising people to prioritize saving money before spending. He means that you should first set aside a portion of your income for savings, and then use what’s left over after that for expenses and spending.
Rather than just spending your whole paycheck and then trying to save whatever is leftover, Buffett recommends reversing that order. His point is that this approach encourages greater savings and more financial discipline over time.