We all need some inspiration from time to time, especially when it comes to managing our money. Here are some wise words of advice that will help you both in life and finance.
- If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed. – Edmund Burke
- The money you make is a symbol of the value you create. – Idowu Koyenikan
- Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. – Ayn Rand
- Rich people believe “I create my life”. Poor people believe “Life happens to me.” – T. Harv Eker
- To get rich, you have to be making money while you’re asleep. – David Bailey
- Don’t tell me what you value, show me your budget, and I’ll tell you what you value. – Joe Biden
- Money moves from those who do not manage it to those who do. – Dave Ramsey
- In investing, what is comfortable is rarely profitable.” — Robert Arnott
- “Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” — Dave Ramsey
- “Wide diversification is only required when investors do not understand what they are doing.” — Warren Buffett
- People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game. – Peter Lynch
- Formal education will make you a living. Self-education will make you a fortune. – Jim Rohn
- The highest use of capital is not to make more money, but to make money do more for the betterment of life. – Henry Ford
- The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.”- Benjamin Graham
- The stock market is a device to transfer money from the impatient to the patient.”- Warren Buffett
- “Investing money is the process of committing resources in a strategic way to accomplish a specific objective.”
― Alan Gotthardt, - “If you don’t teach children what to do with their money, marketing and advertising will gladly show them how to spend it.”
― Linsey Mills, - I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. – Warren Buffett
- Know what you own, and know why you own it. – Peter Lynch
- Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it. – Albert Einstein
