--- title: "Meaning & Key Takeaway of: Well, I think the biggest mistake is not…" description: "\"Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. I..." image: "https://sms4smile.com/quotes/i/bbc/warren-buffett-183_biggest-mistake_well-i-think-the-biggest-mistake-is-not_3229467.png" --- # Well, I think the biggest mistake is not learning the… ![“Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.” quote by Warren Buffett](https://sms4smile.com/quotes/i/bbc/warren-buffett-183_biggest-mistake_well-i-think-the-biggest-mistake-is-not_3229467.png) [Download](https://sms4smile.com/quotes/i/bbc/warren-buffett-183_biggest-mistake_well-i-think-the-biggest-mistake-is-not_3229467.png) [Open image](https://sms4smile.com/quotes/i/bbc/warren-buffett-183_biggest-mistake_well-i-think-the-biggest-mistake-is-not_3229467.png) > “Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.” [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Early saving habits build wealth steadily, while seeking quick riches often fails. **In simple terms:** Save early, avoid get‑rich‑quick schemes. Key Takeaway Cultivate consistent saving habits. Themes finance patience wealth building Mood pragmatic reflective Type advice financial When to use this quote - personal budgeting - long‑term investing - financial planning - avoiding speculative bets Key Concepts compound interest behavioral economics Questions to Reflect On - How can you start a saving habit today? - What temptations lead you toward get‑rich‑quick ideas? A Different Perspective Quick wealth often requires risk and luck, not reliable. ★ ★ ★ ★ ★ No ratings yet [Biggest mistake](https://sms4smile.com/quotes/about/biggest-mistake/) [Early Saving](https://sms4smile.com/quotes/about/early-saving-6103327/) [Easy](https://sms4smile.com/quotes/about/easy/) [Easy to get](https://sms4smile.com/quotes/about/easy-to-get/) [Failure](https://sms4smile.com/quotes/about/failure/) [Get rich](https://sms4smile.com/quotes/about/get-rich/) [Get rich quick](https://sms4smile.com/quotes/about/get-rich-quick/) [Get well](https://sms4smile.com/quotes/about/get-well/) [Habit](https://sms4smile.com/quotes/about/habit/) [Habits](https://sms4smile.com/quotes/about/habits/) [Habits Saving](https://sms4smile.com/quotes/about/habits-saving-6103328/) [Mistake](https://sms4smile.com/quotes/about/mistake/) [Money](https://sms4smile.com/quotes/about/money/) [Rich](https://sms4smile.com/quotes/about/rich/) [Saving](https://sms4smile.com/quotes/about/saving/) [Saving Habit](https://sms4smile.com/quotes/about/saving-habit-2198006/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Trying](https://sms4smile.com/quotes/about/trying/) [Trying Rich](https://sms4smile.com/quotes/about/trying-rich-302218/) [Wells](https://sms4smile.com/quotes/about/wells/) ## Related quotes > [Cultivate the giving habit as you do the saving habit.](https://sms4smile.com/quotes/grenville-kleiser/cultivate-the-giving-habit-as-you-do-the-saving-habit/) [Grenville Kleiser](https://sms4smile.com/quotes/author/grenville-kleiser/) > [“You are not the poor trying to be rich! You are the rich discovering your inheritance.”](https://sms4smile.com/quotes/anyaele-sam-chiyson/you-are-not-the-poor-trying-to-be-rich-you-are-the-rich-discovering/) [Anyaele Sam Chiyson](https://sms4smile.com/quotes/author/anyaele-sam-chiyson/) > [I think that the reason why we Americans seem to be so addicted to trying to get rich suddenly is merely because the opportunity…](https://sms4smile.com/quotes/mark-twain/i-think-that-the-reason-why-we-americans-seem-to-be-so-addicted-to/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [“But there’s always going to be someone richer than you, someone who has something you don’t—so can you gain happiness by chasing wealth? Only…](https://sms4smile.com/quotes/anonymous/but-there-s-always-going-to-be-someone-richer-than-you-someone-who/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“We work our whole lives trying to get rich so we can impress the world with our fancy houses and cars, but in the…](https://sms4smile.com/quotes/j-s-bailey/we-work-our-whole-lives-trying-to-get-rich-so-we-can-impress-the/) [J.S. Bailey](https://sms4smile.com/quotes/author/j-s-bailey/) > [I'm already popular in my city. I was just trying to get rich. Man, I'm not gonna lie to you; I didn't really want…](https://sms4smile.com/quotes/lil-uzi-vert/i-m-already-popular-in-my-city-i-was-just-trying-to-get-rich-man-i-m/) [Lil Uzi Vert](https://sms4smile.com/quotes/author/lil-uzi-vert/) > [Book writing is not a get-rich-quick scheme. Anyone who decides to write a book must expect to invest a lot of time and effort…](https://sms4smile.com/quotes/dan-poynter/book-writing-is-not-a-get-rich-quick-scheme-anyone-who-decides-to/) [Dan Poynter](https://sms4smile.com/quotes/author/dan-poynter/) > [There is no get-rich-quick scheme equal to a poor girl marrying a rich man.](https://sms4smile.com/quotes/e-w-howe/there-is-no-get-rich-quick-scheme-equal-to-a-poor-girl-marrying-a/) [E. W. Howe](https://sms4smile.com/quotes/author/e-w-howe/) > [Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of…](https://sms4smile.com/quotes/bill-gates/like-almost-everyone-who-uses-e-mail-i-receive-a-ton-of-spam-every/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Mean Streets dealt with the American Dream, according to which everybody thinks they can get rich quick, and if they can't do it by…](https://sms4smile.com/quotes/martin-scorsese/mean-streets-dealt-with-the-american-dream-according-to-which/) [Martin Scorsese](https://sms4smile.com/quotes/author/martin-scorsese/) > [The Web is fascinating and transformative, but it's an easy, flashy, get-rich-quick option to the hard graft of proper industry.](https://sms4smile.com/quotes/james-dyson/the-web-is-fascinating-and-transformative-but-it-s-an-easy-flashy-get/) [James Dyson](https://sms4smile.com/quotes/author/james-dyson/) > [We want to appeal to everyone and get rich quick. We want to be millionaires. I've got this plan to buy Tasmania you see.](https://sms4smile.com/quotes/angus-young/we-want-to-appeal-to-everyone-and-get-rich-quick-we-want-to-be/) [Angus Young](https://sms4smile.com/quotes/author/angus-young/) > [There's only 1 way to get rich, quick! But not through a get rich quick scheme. There's a difference.](https://sms4smile.com/quotes/jordan-belfort/there-s-only-1-way-to-get-rich-quick-but-not-through-a-get-rich-quick/) [Jordan Belfort](https://sms4smile.com/quotes/author/jordan-belfort/) > [You can't work three hours a week and make $100,000. Get rich quick doesn't work. Crock pot mentality always defeats microwave mentality!](https://sms4smile.com/quotes/dave-ramsey/you-can-t-work-three-hours-a-week-and-make-100-000-get-rich-quick/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [Get-rich-quick thinking leads to three basic errors: (1) Getting involved with things you cannot understand; (2) Risking funds you cannot afford to lose, that…](https://sms4smile.com/quotes/larry-burkett/get-rich-quick-thinking-leads-to-three-basic-errors-1-getting/) [Larry Burkett](https://sms4smile.com/quotes/author/larry-burkett/) ## More by Warren Buffett > [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're…](https://sms4smile.com/quotes/warren-buffett/i-ve-read-about-all-the-sales-today-if-you-re-an-auto-dealer-you-re/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…](https://sms4smile.com/quotes/warren-buffett/i-was-lucky-enough-to-be-born-in-a-time-and-place-where-society/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Explore all 984 Warren Buffett quotes ](https://sms4smile.com/quotes/author/warren-buffett/) ## More Biggest mistake quotes > [The biggest mistake girls make is thinking the guy who hurt them once wont do it again.](https://sms4smile.com/quotes/anonymous/the-biggest-mistake-girls-make-is-thinking-the-guy-who-hurt-them-once/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The biggest mistake I see with people who are new to CrossFit is trying to advance too quickly. Just because you can do a…](https://sms4smile.com/quotes/mat-fraser/the-biggest-mistake-i-see-with-people-who-are-new-to-crossfit-is/) [Mat Fraser](https://sms4smile.com/quotes/author/mat-fraser/) > [If you leave the one you love angry,without saying I Love You, or Goodbye, It could be the most biggest mistake of your life.…](https://sms4smile.com/quotes/joy-stewart/if-you-leave-the-one-you-love-angry-without-saying-i-love-you-or/) [Joy Stewart](https://sms4smile.com/quotes/author/joy-stewart/) > [My biggest mistake is love you and take you for granted. I'll regret it forever.](https://sms4smile.com/quotes/anonymous/my-biggest-mistake-is-love-you-and-take-you-for-granted-i-ll-regret/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“The biggest mistake people make when trying to be authentic is just that: they try. They see these role models of what an "authentic"…](https://sms4smile.com/quotes/vironika-tugaleva/the-biggest-mistake-people-make-when-trying-to-be-authentic-is-just/) [Vironika Tugaleva](https://sms4smile.com/quotes/author/vironika-tugaleva/) > [I had a couple of agents, but then I went on my own. I thought I could negotiate my own deals and it was…](https://sms4smile.com/quotes/bruce-grobbelaar/i-had-a-couple-of-agents-but-then-i-went-on-my-own-i-thought-i-could/) [Bruce Grobbelaar](https://sms4smile.com/quotes/author/bruce-grobbelaar/) > [The biggest mistake I've seen people make with their careers is, when they're good, after two or three years - and they happen to…](https://sms4smile.com/quotes/stephen-a-schwarzman/the-biggest-mistake-i-ve-seen-people-make-with-their-careers-is-when/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [The press keep asking me, 'What was your biggest mistake?' But if I had made a big mistake, they'd all be writing about it,…](https://sms4smile.com/quotes/ken-livingstone/the-press-keep-asking-me-what-was-your-biggest-mistake-but-if-i-had/) [Ken Livingstone](https://sms4smile.com/quotes/author/ken-livingstone/) > [The galleries are full of critics. They play no ball, they fight no fights. They make no mistakes because they attempt nothing. Down in…](https://sms4smile.com/quotes/david-m-shoup/the-galleries-are-full-of-critics-they-play-no-ball-they-fight-no/) [David M. Shoup](https://sms4smile.com/quotes/author/david-m-shoup/) > [“I’m sorry, babe. I’m sorry I hurt you. I was stupid. I fucked up. I thought I was doing you a favor by keeping…](https://sms4smile.com/quotes/e-m-abel/i-m-sorry-babe-i-m-sorry-i-hurt-you-i-was-stupid-i-fucked-up-i/) [E.M. 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No, that's the biggest mistake of my life.](https://sms4smile.com/quotes/brandon-martin/is-that-your-ex-no-that-s-the-biggest-mistake-of-my-life/) [Brandon Martin](https://sms4smile.com/quotes/author/brandon-martin/) [Browse all 337 Biggest mistake quotes ](https://sms4smile.com/quotes/about/biggest-mistake/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. 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