Tuesday, December 16, 2008

Making money with Warren Buffet (Part 2): Show me the money Buffet


Warren Buffet is one of the world's most richest people and yes, it means you should listen to him, if you're looking for the big KWAN. What is it and how should you go approach it? Stay tuned.

According to Warren, there are several key methods every business man should practice, in order to make and make more money. Warren Buffet gave 10 major tips you should try your own, here you can find another 3:

1. Double check the terms – Even with your friends and relatives, you should always keep the deals details 'on the table'. Don’t start something you don't know how and when you will get money back.


2. Every small expense which stays in your pocket is a profit – It is very simple to throw thousands of dollars on small, irrelevant and not ROI deals. Watch the small details for small expenses.


3. Have limits – Banks hate this tip, they're all about you borrowing money from them, and that way your success is there's eventually. If you'll limit what you borrow, your loans, credit cards etc will disappear from your life.


That's it for now, come back soon for Part 3 of Warren Buffet money making tips.

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