From: bruce1.9bowser@gmail.com   
      
   ... 1) Neglecting Personal Development   
   According to Buffett, the best investment one can make is in oneself.   
   Enhancing skills and education can boost earning potential significantly.   
   Knowledge and abilities are assets that no one can take away from you.   
   2) Relying on Credit Cards   
   Credit cards can be convenient, but high interest rates can quickly overshadow   
   any benefits if you don’t pay the full balance monthly. Buffett advises   
   against needless spending that could lead to credit card debt.   
   3) Frequenting Bars and Pubs   
   Spending on social activities like drinking at bars can add up. Opting for   
   more affordable social gatherings, like home get-togethers, can help save   
   significantly.   
   4) Chasing the Latest Technology   
   New gadgets may be tempting, but often, last year’s model serves just as   
   well. Buffett himself has a history of sticking to functional rather than   
   flashy tech. It’s important to assess if the latest upgrades genuinely   
   provide added value for the    
   price.   
   5) Overspending on Clothes   
   Buffett, along with other billionaires, leans towards simplicity in his   
   wardrobe. Choosing classic, durable clothes over flashy, expensive brands can   
   result in significant savings.   
   6) Buying New Cars   
   Cars are notorious for their rapid depreciation. Buffett recommends buying   
   pre-owned cars and holding onto them for as long as they’re reliable,   
   instead of falling for the allure of the new models.   
   7) Unused Gym Memberships   
   Buffett promotes an active lifestyle but cautions against unused gym   
   memberships. Free or low-cost fitness routines can be just as effective if   
   regularly practiced.   
   8) Unnecessary Subscription Services   
   Subscription services, if not carefully monitored, can become a financial   
   drain. Review these regularly and cancel those that don’t provide value.   
   9) Over-Reliance on Skincare Products   
   Buffett advises against overusing or needlessly combining skincare products.   
   Finding a simple and effective routine can save both money and your skin.   
   10) Regular Nights Out   
   While socializing is essential, frequent nights out can be a significant   
   expense. Opting for budget-friendly alternatives like home-cooked meals and   
   movie nights can cut costs considerably.   
   11) Gambling   
   While gambling might seem like a shortcut to wealth, Buffett emphasizes the   
   importance of understanding the odds. He urges people to make financial   
   decisions that favor their long-term wealth accumulation, not momentary   
   thrills.   
   12) Smoking   
   Smoking, beyond its health implications, is a costly habit. Quitting can lead   
   to a significant boost in your personal budget.   
   More From GOBankingRates" ... (direct quote end)   
      
   Warren Buffett Says Poor People Waste Money On These 12 Things   
   Yahoo News - Nov 18, 2023   
   -- https://www.yahoo.com/finance/news/warren-buffett-12-things-p   
   or-143028989.html   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)