Recently, the world’s richest man with a net worth of over $82.5 billion – Warren Buffett – shocked his audience when saying that college isn’t mandatory. In fact, he stated that college was not a good idea for many people who wish to further their studies. Buffett believes that you’re better off investing in yourself rather than spending money on college fees. He recommends learning to invest, which today, the best places to learn about these up-and-coming investment opportunities are mainly online.You can find out more information on cryptocurrencyinvestment opportunities on https://cryptolico.com
Below is more of what Buffett said to his audience.
Never Stop Investing in Yourself
Early in the interview, Buffett said that the best investment is the one you make in yourself. It becomes easier to understand why he said that when you consider the average debt of $38,390 that most American students graduate college with. Actually, more students are opting for avenues that don’t include college to avoid incurring debt.
Typically, students pay $1,000 for an online course. On the contrary, attaining an Ivy League education will cost you upwards of $150,000. Interestingly, graduates of online colleges have gone on to launch businesses worth millions of US$. Buffett also said that one doesn’t need college degree to get employment in some high-paying jobs that include:
- HVAC engineers
Warren Buffett Enhance Your Communication Skills
Warren Buffett values communication skills more than other types of skills. In his words, learning how to communicate improves your value by roughly 50%. If you doubt this, you should consider what some of the leading employers said. In their estimates, great communication skills trump all abilities that their new recruits display.
Warren Buffett Take Great Care of Your Body
Furthermore, Buffett believes that you ought to take great care of your body. After all, you only have one body. He compares your body to brand new cars, which we don’t ignore. In that case, why should you pay more attention to your car while ignoring your body, which will probably outlast the vehicle? It doesn’t cost you much to take care of your body. All you need to do is:
- Regular exercise
- Eating healthy well-balanced meals
Choose Your Company Well
Warren Buffett believes that we should all choose those we associate with carefully. According to him, the people who surround you will guide you. For this reason, you’re better off associating with those who are better than you. What is more, he asks you to surround yourself with those you wish to emulate.
College Isn’t Worthless and You Should Learn to Invest
Buffett isn’t saying that college is worthless. In some cases, you may not have much choice depending on the kind of career you wish to embark on. What he’s saying is that you shouldn’t go to college in response to peer pressure.
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