Excellent Tips from a Billionaire: Warren Buffet:

ON EARNING: Never depend on a single income. Make investment to create a second chance.

ON Spending: If you buy things you do not need, soon you will have to sell things you need.

On Savings: Do not save what is left after spending, but spend what is left after spending.

On taking Risks: Never test the depth of a river with both feet.

On investment: Do not put all eggs in one basket.

On expectations: Honesty is a very expensive gift. Do not expect it from cheap people.