Words From The Wise…
Quotes have the potential to inspire people to make changes in their lives for the better or to keep them on their chosen path. As passionate as we are about our writing, we know others in the world simply say things better. Having said that, we have picked five financial related quotes that we hope will open your eyes to the power of money and perhaps, give you a different and positive financial outlook.
“A bank is a place that will lend you money if you can prove that you don’t need it.” – Bob Hope
Now that the U.S. finds itself in a credit crunch, due in large part to banks lending money to people that could not prove they didn’t need it, the quote by Bob Hope should help redirect us. Banks are now taking action to tighten up their lending practices, which will eventually have a positive impact on our economy. In the meantime, interest rates are lowering to help balance our troubled markets, read our post titled, “The Federal Reserve Interest Rate Cuts and Home Refinancing,” to see if you should take advantage of the lower interest rates.
“I have never been in a situation where having money made it worse.” – Clinton Jones
Perhaps being mugged would be the only situation where having money could make things worse. Money is not everything in life, but being financial secure and confident can dramatically change your outlook on life. For fun, leave a comment on our post titled, “What Would You Do With $1 Million Dollars?,” I’m sure there are a few ways in which a million dollars could make your life easier.
“Time is more valuable than money. You can get more money, but you cannot get more time.” – Jim Rohn
Like we mentioned before, money is not everything, and this quote is something everyone needs to be reminded of, including us. Taking time now in your busy life to arrange for saving for your future retirement can really take working years off your life, which will leave time for you to spend with the ones you love doing the things you love. Consider participating in your employers retirement plan, read about the advantages of doing so in our post titled, “Participate in your Employers 401(k) Match Program.”
“The art is not in making money, but in keeping it” – Anonymous
Perhaps it’s fitting that the author of this quote is unknown considering many of us have made a substantial amount of money in our lifetime, but where it has gone is unknown. Just as important is getting a solid education and job, so is saving and investing. Hold yourself back the next time you feel the need to purchase something. Try the two-week rule, if you still really want an item after two-weeks of pondering, it’s probably something you can feel secure about buying. Save some money on new purchases by reading our post titled, “Five Things to Buy New and Five Things to Buy Used.” $
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