Skip to content
Tweak Your Biz home.
MENUMENU
  • Home
  • Categories
    • Reviews
    • Business
    • Finance
    • Technology
    • Growth
    • Sales
    • Marketing
    • Management
  • Who We Are

How to Make and Spend Money: Tips from People Who Know About It

By Vadim Cristea Published December 10, 2021 Updated October 14, 2022

Henry Ford, Robert Kiyosaki, Bodo Schaefer, and other successful people – about how to achieve prosperity.

 

1. Henry Ford, American industrialist, inventor

The legendary industrialist, car factory owner, and inventor was an optimist. He believed that one should always learn despite his age, was constantly looking for new approaches, and was not afraid of difficulties.

Money for Henry Ford was a source of acquiring new experience and knowledge. That is why he advised investing in himself – it is the only way to come to success.

Tips from Henry Ford

  • If money is your hope for independence, you will never be independent. The only real guarantee a person can have in this world is his stock of knowledge, experience, and opportunity.
  • The secret of success and wealth is being able to understand other people as well as yourself. One must learn to look at each case through one’s own and others’ eyes. Different points of view will present one correct one.
  • Old people teach us to save money, to save for better times. This is very bad advice and not worth listening to. Don’t save your nickels in the bank. Put everything into your development. I didn’t save a single dollar until I was forty, everything was invested in further development.

 

2.Warren Buffett, American entrepreneur, investor

Warren Buffett is considered the greatest investor of all time. His triumphant ascent to financial Olympus began with 10 thousand dollars and the foundation of an investment company in the 1960s.

Today Buffett is one of the richest men in the world (his fortune is estimated at $77.3 billion) and the largest philanthropist. He is called a visionary and oracle from Omaha, the city where he was born.

The main secret of how to achieve long-term success, according to Buffett, is the following: it is necessary to follow certain principles and to be patient and thrifty.

Tips from Warren Buffett

  • Buy only what you would gladly own if the market closed for ten years.
  • I don’t care if it’s socks or stocks: I like to buy quality goods at discounted prices.
  • Constantly putting off looking for a good job and sitting through one that depresses you is like putting off sex until retirement.
  • If you have a choice, it’s much more important to say no than yes.
  • I always knew I was going to be rich, never doubted it for a minute.

 

3. Robert Kiyosaki, American businessman, writer

Robert Kiyosaki was not always successful. He worked as a salesman, then started his own business. But in the 1980s he lost everything and, in his words, “began to consider himself a loser. That is why his advice often repeats the same idea: to come to success, you need to believe in yourself.

Fifteen years later together with his partner, he founded the international educational company Rich Dad`s Organization, which taught business and investing. And at the age of 47 Kiyosaki wrote the bestseller “Rich Dad, Poor Dad”. Now he is the author of nearly three dozen books. The value of the businessman’s list of assets is estimated at $80 million.

Tips from Robert Kiyosaki

  • First and foremost, you need to look at value, not price.
  • If you can’t see yourself as rich, you can never achieve it.
  • The word “impossible” blocks your potential, while the question “How can I do it?” gets your brain working at full throttle.
  • Saving money is good advice for the poor and average person. For building wealth, it’s bad advice.
  • The key to wealth is knowing how to make the hard stuff easy. After all, the purpose of business is to make life easier, not harder. And it is the business that makes life as easy as possible that makes the most money.
  • The most valuable asset is time. Most people can’t use it properly. They work hard to make the rich richer, but they don’t make the effort to make themselves rich.

 

4. Bodo Schaefer, financial consultant, writer

Bodo Schaefer is called the financial Mozart: he is considered one of the best practitioners in the field of time management and financial management. As a child, Schaefer gave himself the word to earn his first million by the age of 30.

At 16, he left to conquer the United States, then moved to Mexico. At 26, he became a complete bankrupt. But that didn’t break him.

Schaefer found a teacher who helped him develop financial literacy and become successful. When he turned 30, he had already earned his million and could live on the interest from the accumulated funds. Today Schaefer is the author of many books on finance and time management.

His attitude to money is simple: it is not an end in itself, but a means to buy time to achieve freedom, independence, and happiness in life.

Tips from Bodo Schaefer

  • Wealth does not bring the money you earn, but the money you save.
  • There are two ways to become happy: limit your needs, increase your opportunities. A wise person does both.
  • Money only stays with someone who is ready for it.
  • The more I practice, the luckier I get.
  • A man without faith in himself does nothing, he has nothing, and he is nothing.
Posted in Finance

Enjoy the article? Share it:

  • Share on Facebook
  • Share on X
  • Share on LinkedIn
  • Share on Email

Vadim Cristea

Vadim is an Business expert with well over 10 years of experience in the field.
A lifetime of working in niche-leading companies has given him invaluable expertise in the Business field.
In his free time, Vadim likes to write in-depth guides and articles on topics varying from Business analysis and strategies to Startup Project and Market development

Contact author via email

View all posts by Vadim Cristea

Signup for the newsletter

Sign For Our Newsletter To Get Actionable Business Advice

* indicates required
Contents
1. Henry Ford, American industrialist, inventor
2.Warren Buffett, American entrepreneur, investor
3. Robert Kiyosaki, American businessman, writer
4. Bodo Schaefer, financial consultant, writer

Related Articles

Finance

7 Financial Moves for Retirees Looking to Boost Cash Flow — Fast

Chaz Michaels August 25, 2025
Finance
Technology

What Is Render Token (RENDER)?

Deborah Pretty August 22, 2025
Business
Finance

Income Insurance: Protecting Your Most Valuable Business Asset

Justin Haul August 21, 2025

Footer

Tweak Your Biz
Visit us on Facebook Visit us on X Visit us on LinkedIn

Privacy Settings

Company

  • Contact
  • Terms of Service
  • Privacy Statement
  • Accessibility Statement
  • Sitemap

Signup for the newsletter

Sign For Our Newsletter To Get Actionable Business Advice

* indicates required

Copyright © 2025. All rights reserved. Tweak Your Biz.

Disclaimer: If you click on some of the links throughout our website and decide to make a purchase, Tweak Your Biz may receive compensation. These are products that we have used ourselves and recommend wholeheartedly. Please note that this site is for entertainment purposes only and is not intended to provide financial advice. You can read our complete disclosure statement regarding affiliates in our privacy policy. Cookie Policy.

Tweak Your Biz
Sign For Our Newsletter To Get Actionable Business Advice
[email protected]