What can Warren Buffett's frugal lifestyle teach you about living below your means? Lessons from one of the world’s richest people.

While many investors poured into the stock market last year, legendary investor Warren Buffett eased on the brakes. Berkshire Hathaway, the investment company Buffett founded and still leads,

Warren Buffett has taken cautious steps over the past few quarters, for example building up record levels of cash. The famous investor often is looked to for his insight as he’s invested successfully through many market environments over the years.

Think being a billionaire is all luxury and extravagance? Think again. Warren Buffett, one of the richest men alive, might surprise you. Buffett's daughter, Susan, says her dad is just normal. A guy who's not obsessed with his billions.