5 Approaches to Money That Set Buffett & the Wealthy Apart From the Middle Class

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Brooke BarleyTue, Jul 29, 2025, 2:54 PM 3 min readThough he has announced plans to retire at the end of 2025, Warren Buffett, CEO and chairman of Berkshire Hathaway, remains one of the most renowned money experts of all time. With an estimated net worth of about $144 billion, if anyone knows about amassing wealth, it’s him.Up Next: I’m a Self-Made Millionaire: 6 Steps I Took To Become Rich on an Average SalaryFor You: 4 Housing Markets That Have Plummeted in Value Over the Past 5 YearsHowever, Buffett has remarked that making money is also about shifting one’s mindset regarding finances. He differentiates his approaches to money from those of a typical middle-class way of thinking. Read on to find out how Buffett and other wealthy folks view money differently from those in the middle class, courtesy of a video from Brothers Invests.The middle class might look at money as a way to live a better life and pay off debt and bills. However, the wealthy view cash as a way to generate more cash and build generational wealth. Through investments and passive income, the wealthy take their money and grow it exponentially.Buffett doesn’t use money to buy luxury items or signal his wealth to others — he famously eats at McDonald’s and still lives in the house he bought in 1958. The video pointed out that trying to signal status through expensive purchases can leave people in a cycle of chasing wealth. Instead, Buffett has dedicated his life to investing money in ways that generate more wealth.Trending Now: Suze Orman’s Top Tip for Building Wealth Is a ‘Very Easy One’When it comes to business, Buffett prioritizes doing what he loves with people he cares about. This approach is more about creating value rather than simply making money and will be more sustainable in the long run.Wealthy people can derive more than just money from their business ventures. They also look to gain personal fulfillment.There are two kinds of wealth: monetary and personal. The latter consists of maintaining healthy and supportive relationships, as well as seeking experiences that make life feel more full.Buffett prioritizes relationships over money, leading to a more well-rounded life than someone solely focused on accumulating wealth. He said, “If you’re lucky in life, make sure a bunch of other people are lucky, too.”Instead of spending all their cash on fancy cars and gadgets, wealthy people use money to invest in themselves. This could mean learning a new skill, going back to college or finding some other way to grow what one is capable of.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,445.75 +49.50 (+0.77%)Dow Futures44,710.00 +77.00 (+0.17%)Nasdaq Futures23,744.25 +263.75 (+1.12%)Russell 2000 Futures2,227.00 -14.50 (-0.65%)VIX15.48 -0.50 (-3.13%)Gold3,335.60 -17.20 (-0.51%)PortfolioSign in to access your portfolioSign inTop gainersWING Wingstop Inc. 368.26 +77.96 (+26.85%)FTAI FTAI Aviation Ltd. 144.46 +30.32 (+26.56%)PIII P3 Health Partners Inc. 7.30 +1.50 (+25.86%)GNRC Generac Holdings Inc. 181.00 +29.68 (+19.61%)TER Teradyne, Inc. 107.65 +17.10 (+18.88%)Top losersNEGG Newegg Commerce, Inc. 44.97 -11.22 (-19.97%)CAR Avis Budget Group, Inc. 172.46 -31.42 (-15.41%)SLGN Silgan Holdings Inc. 47.30 -8.50 (-15.23%)CHKP Check Point Software Technologies Ltd. 186.67 -31.66 (-14.50%)ENTG Entegris, Inc. 79.34 -13.41 (-14.46%)Most activeSOFI SoFi Technologies, Inc. 21.87 -0.53 (-2.37%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)LCID Lucid Group, Inc. 2.5000 -0.0600 (-2.34%)TSLA Tesla, Inc. 319.04 -2.16 (-0.67%)F Ford Motor Company 10.87 -0.21 (-1.90%)Earnings eventsTrending tickersMSFT Microsoft Corporation 513.24 +0.67 (+0.13%)META Meta Platforms, Inc. 695.21 -4.79 (-0.68%)AMZN Amazon.com, Inc. 230.19 -0.82 (-0.35%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)HOOD Robinhood Markets, Inc. 106.10 +2.78 (+2.69%)Top economic events