The Oracle of Omaha is stepping down
| |  | | May 7, 2025 | | | | | | | | Warren Buffett Lessons for All of Us | By Helen Reis
Warren Buffett's decision to step down as CEO of Berkshire Hathaway marks the end of an era for the famous investment conglomerate. But his pending retirement is arguably far more significant for the financial world at large.
The 94-year-old billionaire investor and philanthropist has been a cultural icon for decades. His plainspoken, relatable advice — the highlight of Berkshire's annual shareholder meetings and letters — contains lessons and inspiration for all of us who are looking to take control of our financial futures.
In fact, his approach to money — characterized by common sense, discipline, and a focus on long-term value — has become a cornerstone of financial literacy.
So what? Buffett has served as a reassuring beacon of sound financial advice for most of our lifetimes, using his unique homespun style to educate Americans about not just investing, but saving, borrowing, learning and adapting. As his platform and level of influence change with the shift in Berkshire leadership, let's not forget the many important principles he has helped instill.
Here are just a few of Buffett's most valuable insights from over the years. | | | | | | | | | | Setting Money Boundaries Isn't Easy, But It's Worth It | | | By Samantha Leal
Let's be honest — money can complicate relationships.
You might have a sibling who always needs some extra cash. A roommate who expects you to handle it when they're short on their share of the rent. A friend who assumes you're down to get another round or a pricey bottle of wine and then somehow, conveniently, forgets to Venmo you. (More on those "financial frenemies" later.)
If there are people in your life pressuring you to spend money you don't want to spend (even on yourself,) it can make you feel resentful and stressed, not to mention derail your finances. It can also create some pretty awkward situations — whether there's someone at fault or not.
(Ever have a less budget-conscious friend obliviously suggest splitting the check 50/50 after you ordered a salad and they splurged on lobster and two cocktails?)
In fact, 26% of U.S. adults surveyed last year by Bread Financial said they felt financially incompatible with their friends, and 21% said they'd lost a friendship over money. And a separate survey by Intuit showed 27% of women and 17% of men feel uneasy talking about money in social settings.
Setting money boundaries might feel uncomfortable at first, but it can help you protect your relationships and your bank account. Here are a few tips for gently but firmly establishing limits and expectations around how you spend, discuss and share your money. | | | | | | | |  | | How much control does the president have over the Federal Reserve and interest rates? (Yahoo Finance) | | | | | | | | |  | | A new study shows how partisan politics have long influenced how much faith Americans have in the Fed. (NPR) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
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