Many people consider Warren Buffett one of the world’s most successful investors. Just because he has a net worth of $65 billion, doesn’t mean he throws money around. In fact, some might even call him frivolous. For example, he purchased a five-bedroom house in Omaha in 1958 for $31,500 and has lived there ever since.
It’s safe to say he respects those who, like him, penny-pinch; he feels it indicates a profitable mindset. Once, he acquired a company whose owner took the time to discover his toilet paper roll wasn’t really the advertised 500 sheets! That, and other strategies to make the most of your money outlined in this infographic from Best Finance Schools.