Most people earn money, then they spend on things like food, clothes, entertainment, etc., and if anything is leftover, they try to save it.
But Warren Buffett is advising the opposite:
1. First, decide how much you want to save from your income.
(This could be for your future, emergencies, or investments.)
2. Save that amount immediately, as soon as you get your income.
3. Then, use the remaining money for your expenses.
Why this is powerful:
It builds discipline and ensures you are always saving something.
You avoid the habit of spending too much and having nothing left.
Over time, this helps in building financial security and wealth.