Warren Buffett gave $10K to his daughter-in-law each year, but she spent it to the dime. 4 ways to use your own windfall
Warren Buffett raises one hand while speaking into a microphone.
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Warren Buffett is known for his generosity — but also his frugality.
That might be why he pulled the plug on large cash gifts for his family after learning they were blowing through the money as quickly as they got it.