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Warren Buffett says this is the ‘biggest mistake’ people make with their money (and psst: it has to do with savings)

MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion dollars — and could clearly spend frivolously. The guidance is that you will need roughly 3-12 months of essential expenses somewhere safe like a high-yield savings account.
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