11 ways Warren Buffett lives frugally

Updated

Trying to build your savings, pay off debt and make the most of your money? You might want to try living like a billionaire — but only if that billionaire is Warren Buffett.

The investor — known as the Oracle of Omaha — is the CEO of Berkshire Hathaway. But there's more to this American business magnate than just his job. Despite his roughly $75 billion net worth, according to Forbes, the second-wealthiest man in the world enjoys a life with simple taste, frugal living and generous philanthropy.

Here's a look at Warren Buffett's quotes, as well as his tips for living frugally:

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