The Key to Happiness Isn’t Money, Says Warren Buffett - These 5 Things Are Instead

Written by Anna Hartz

Mar.21 - 2025 8:37 PM CET

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Photo: mark reinstein / Shutterstock.com
Photo: mark reinstein / Shutterstock.com
Five Things That Truly Bring Happiness, According to Warren Buffett

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Warren Buffett is one of the richest people in the world, yet his approach to happiness is surprisingly simple.

Unlike many billionaires who surround themselves with luxury, Buffett has focused on things that truly bring fulfillment.

His choices show that happiness isn’t about expensive possessions but about investing in what really matters. Here are five things he believes are worth “buying” for a happier life.

Number 1

Buffett has lived in the same house in Omaha, Nebraska, since 1958. He could afford mansions all over the world, but he chose to stay in a modest home filled with memories.

For him, happiness doesn’t come from a big house but from the people and experiences that make it feel like home.

Studies support this idea, showing that once basic needs are met, a larger or more luxurious home does not increase happiness.

What matters most is the sense of comfort and connection a home provides.

Number 2

Time is another thing Buffett values deeply. He spends his days doing what he loves—reading, thinking, and making investment decisions, writes Ziare.

He avoids unnecessary meetings and commitments, allowing him to focus on what truly matters to him.

Not everyone has the freedom of a billionaire, but we can all make small changes.

Choosing a job that offers more flexibility, outsourcing tasks that drain our time, or simply saying no to commitments that don’t align with our values can create space for what brings us joy.

Studies show that people who spend time on meaningful activities experience greater life satisfaction.

Number 3

Buffett also emphasizes the importance of relationships. He surrounded himself with people who inspire him, including his lifelong friend and business partner, Charlie Munger.

Research has shown that strong relationships are the key to happiness and even longevity.

Investing in quality friendships, spending time with loved ones, and building meaningful connections are some of the best things we can do for our well-being.

Number 4

Lifelong learning is another priority for Buffett. He believes that investing in yourself is one of the best decisions you can make.

He spends hours reading every day and once took a public speaking course to overcome his fear of speaking in front of crowds.

Learning new skills not only leads to professional success but also provides a deep sense of fulfillment.

Whether it’s reading books, taking courses, or developing new talents, continuous learning keeps life exciting and meaningful.

Number 5

Finally, Buffett values experiences over material possessions. He prefers simple pleasures, like eating at McDonald's, drinking Cherry Coke, and playing bridge with friends.

Research has found that experiences bring longer-lasting happiness than material things.

Trips, concerts, shared meals, and new adventures create lasting memories and deepen relationships.

Buffett’s philosophy shows that happiness doesn’t come from wealth but from how we choose to use our resources.

A home full of memories, time for what we love, strong relationships, personal growth, and meaningful experiences are the best investments we can make.

And the best part? You don’t need billions to follow his advice. It’s all about prioritizing what truly matters in life.