7 Effective Lessons From Warren Buffet to Build Generational Wealth in Your 20s

You may have read it, but are you implementing them? Here’s a reminder.

Photo by Markets Insider

Warren Buffet doesn’t need any introduction.

We all know the amount of wealth he and his company Berkshire Hathway has accumulated in the past decades.

I have learned from Mr. Buffet that along with money, everything else in life compounds. It can be positive things such as education and skills or harmful things like addiction to cigarettes.

I have seen both sides of the spectrum. Here are ten lessons that I will keep close to my heart for the upcoming years of my life —

1. Invest In Yourself

In a 2019 interview with Yahoo Finance editor-in-chief Andy Serwer, Buffett said:

“By far the best investment you can make is in yourself.”

If you are 20s something, then chances are you don’t have the huge capital to make massive returns from the stock market.

So, invest whatever small amount of money you have into yourself. It has the chance of exponential ROI.