10 Financial Lessons from Bill Gates

Bill Gates is full of pithy quotes about business, technology and ambition. As the richest man in the world, he knows a thing or two about money. Here are 10 famous Bill Gates quotes interpreted as financial advice.

“It’s fine to celebrate success, but it is more important to heed the lessons of failure.”
Some dieters celebrate weight loss with a giant slice of cake. Some savers celebrate getting out of debt by purchasing a new car. It’s important to learn from your failures to avoid making the same mistakes twice, and use success as a motivator to seek further success.
“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next 10.”
It might be hard to imagine that your 401(k) contributions will ever amount to much, but if you keep saving, you might be surprised at the impact 10 years (or more) can have on investments.

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