"In the late 1980s and early 1990s, most high schoolers did not enroll at colleges or universities; of those that did, less than half borrowed money to do so. In 2022, almost two-thirds of recent high school graduates were enrolled, and most took out student loans." This highlights the shifting financial landscape where higher education increasingly requires debt, raising questions about its long-term value for students.
"You want to associate with people who are the kind of person you'd like to be. You'll move in that direction, and the most important person by far in that respect is your spouse. I can't overemphasize how important that is." This quote from Buffett emphasizes the financial and emotional significance of choosing the right partner.
"For most people, buying a home is one of the most expensive financial decisions they'll ever make." This statement underscores the gravity of home buying in personal finance and the potential pitfalls of hasty decisions in this area.
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