Reading = Financial Freedom?

“In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time -- none, zero. You'd be amazed at how much Warren reads--and at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.”

Both Charlie and Warren Buffett reads on a daily basis and based off of Charlie's quote it appears they read a lot on a daily basis. The summary he has about the benefit of reading hits me to the core. "I have known no wise people who didn't read all the time."

Charlie frames it where its wise people, not smart or rich, but wise.
Not necessary out of Charlie's mouth but here are a list of characteristics regarding to what a wise person would posses:
(In no order of importance and directly from Money Crashers)

• They Educate Themselves.
• They Are Disciplined.
• They Admit Their Mistakes and Learn From Them.
• They Are Patient.
• They Take Instruction Humbly.
• They Can Handle Rejection and Failure.
• They Know That They Can Only Control Themselves.
• They Are Guided by Wisdom.
• They Know Their Priorities.
• They Are Trustworthy and Steadfast.
• They Take Calculated Risks.
• They Make the Most of Their Relationships.
• They Don’t Live Beyond Their Means.
• They Don’t Pay Full Price.
• They Don’t Squander Money.

Conclusions

A lot of the characteristics listed can be obtain through one's life. They can not just be born with them. Through educating themselves slowly and steady they can achieve these characteristics and create habits in life the revolves around what makes a person wise.

I conclude by saying people who are wise tend to live a happier life. This is likely because they found purpose in life and have a clear roadmap as to how to get there. Even if the odds are staked against them they still strive to continue as they are wise enough to know that is the best option to go with.

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!