WARREN BUFFET’S RESPONSE TO HIS DAUGHTER: “GO TO THE BANK LIKE EVERYONE ELSE!”
Billionaire investor Warren Buffett has once again made headlines after he rejected his daughter’s request for a $41,000 loan for a kitchen renovation. His daughter Susie had asked for the money to make room in the kitchen for her baby’s high chair. Buffett’s response was clear: “Go to the bank like everyone else.” Buffett takes a strict stance on providing financial support to his children, but he also encourages them to be financially independent. Susie accepts that his father’s stance, although harsh, is right in the long run. Warren Buffett prefers to donate the wealth he earns to social projects and considers leaving unlimited financial resources to his children “crazy.”
🔥🔥🔥Buffett’s approach to his children shows a fine balance between wealth management and financial independence‼️
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Sources:
1. Summa Money, “Warren Buffett’s Daughter Asked Him For A $41,000 Loan”
2. Free Republic, “Warren Buffett’s Daughter Asked Him For A Loan”
