Quote 1 Explained

Quote: "Do not save what is left after spending, but spend what is left after saving."

Author: Warren Buffett

Explanation: This quote emphasizes the importance of prioritizing savings over spending. Warren Buffett suggests that financial discipline begins with saving a portion of your income first and then planning your spending based on what's left. This approach helps you build wealth and secure your financial future, rather than living paycheck to paycheck by spending first and saving only if there's something left over. It encourages a mindset of financial responsibility and foresight.