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40 Powerful Quotes That Will Inspire Your Mind For True Wealth

40 Powerful Quotes That Will Inspire Your Mind For True Wealth
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The world is full of people looking for quick money and wealth, especially in this age of information technology and instant gratification. There is nothing particularly wrong with that, but too often we miss the mark in our quest for wealth and material possessions and fall short of what we truly desire in life. Here are powerful quotes and words of wisdom from some of the greatest thinkers and achievers in history that will inspire your heart and mind for true wealth and happiness in life.

On the True Measure of Wealth

1. “Wealth consists not in having great possessions, but in having few wants.” —Epictetus

2. “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” —Ayn Rand

3. “The gratification of wealth is not found in mere possession or in lavish expenditure, but in its wise application.” —Miguel de Cervantes

4. “Only when the last tree has died and the last river been poisoned and the last fish been caught will we realize we cannot eat money.” —Indian Proverb

5. “One man to live in pleasure and wealth whilst all other weep and smart for it, that is the part not of a king, but of a jailor.” —Thomas More

6. “We make a living by what we get. We make a life by what we give.” —Winston Churchill

7. “The real measure of your wealth is how much you’d be worth if you lost all your money.” —unknown

8. “The wealth of a soul is measured by how much it can feel… its poverty by how little.” —Sherrilyn Kenyon

9. “Integrity is the essence of everything successful.” —R. Buckminster Fuller

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10. “To be wealthy and honored in an unjust society is a disgrace.” —Confucius

Whinston Churchil

    Image: thenext28days via flickr

    On Taking Charge of Your Wealth

    11. “Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else’s hands, but not you.” —Jim Rohn

    12. “Destiny is as destiny does. If you believe you have no control, then you have no control.” —Wess Roberts

    13. “If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” —Edmund Burke

    14. “Be master of your petty annoyances and conserve your energies for the big, worthwhile things. It isn’t the mountain ahead that wears you out – it’s the grain of sand in your shoe.” —Robert Service

    15. “Create a set of great personal values and surround yourself with the right people that can form your support system. Have an optimistic spirit and develop a strong purpose that you completely believe in and everything you can imagine is possible, for you.” —Andrew Horton

    16. “I am grateful for the blessings of wealth, but it hasn’t changed who I am. My feet are still on the ground. I’m just wearing better shoes.” —Oprah Winfrey

    17. “Wealth is the slave of a wise man. The master of a fool” —Seneca

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    18. “A wise man should have money in his head, but not in his heart.” —Jonathan Swift

    19. “An investment in knowledge pays the best dividends.” —Benjamin Franklin

    20. “Anything that you learn becomes your wealth, a wealth that cannot be taken away from you; whether you learn it in a building called school or in the school of life. To learn something new is a timeless pleasure and a valuable treasure. And not all things that you learn are taught to you, but many things that you learn you realize you have taught yourself.” ― C. JoyBell

    Benjamin Franklin

      Image: trustypics via flickr

      On Pursuing Wealth and Happiness

      21.“Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.” —Franklin D. Roosevelt

      22. “It’s a kind of spiritual snobbery that makes people think they can be happy without money.” —Albert Camus

      23. “Money is neither my god nor my devil. It is a form of energy that tends to make us more of who we already are, whether it’s greedy or loving.” —Dan Millman

      24. “What good is money if it can’t buy happiness?” —Agatha Christie

      25. “View money and things not as something you create to fill a lack, but as tools to help you more fully express yourself and realize your potential.” —Sanaya Roman and Duane Packer

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      26. “Acknowledging the good that you already have in your life is the foundation for all abundance.” —Eckhart Tolle

      27. “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” —Oprah Winfrey

      28. “Both abundance and lack exist simultaneously in our lives, as parallel realities. It is always our conscious choice which secret garden we will tend… when we choose to be grateful for the abundance that’s present — love, health, family, friends, work, the joys of nature and personal pursuits that bring us pleasure — the wasteland of lack falls away and we experience heaven on Earth.” —Sarah Ban Breathnach

      29. “Seek not greater wealth, but simpler pleasure; not higher fortune, but deeper felicity.” —Mahatma Gandhi

      30. “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” —Herman Cain

      Virgil Finlay

        Image: Thomas Shahan 3 via flickr

        On Attaining Wealth

        31. “It is not in everyone’s power to secure wealth, office, or honors; but everyone may be good, generous, and wise.” —Luc De Clapiers

        32. “Education is the great engine of personal development. It is through education that the daughter of a peasant can become a doctor, that the son of a mineworker can become the head of the mine, that a child of farm workers can become the president of a great nation. It is what we make out of what we have, not what we are given, that separates one person from another.” —Nelson Mandela

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        Nelson Mandela

          Image: redtouchmedia via flickr

          33. “The tragedy of life doesn’t lie in not reaching your goal. The tragedy lies in having no goal to reach.” —Benjamin E. Mayes

          34. “One important key to success is self-confidence. An important key to self-confidence is preparation.” —Arthur Ashe

          35. “When we feel stuck, going nowhere – even starting to slip backward – we may actually be backing up to get a running start.” —Dan Millman

          36. “Be ready when opportunity comes…. Luck is when preparation and opportunity meet.” —Roy D. Chapin Jr.

          37. “What is opportunity, and when does it knock? It never knocks. You can wait a whole lifetime, listening, hoping, and you will hear no knocking. None at all. You are opportunity, and you must knock on the door leading to your destiny.” —Maxwell Maltz

          38. “Fortune sides with him who dares.” —Virgil

          39. “No man should receive a dollar unless that dollar has been fairly earned.” —Theodore Roosevelt

          40. “No wealth can ever make a bad man at peace with himself” —Plato

          Featured photo credit: Celestine Chua via flickr.com

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          More by this author

          David K. William

          David is a publisher and entrepreneur who tries to help professionals grow their business and careers, and gives advice for entrepreneurs.

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          Last Updated on July 20, 2021

          Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

          Financial Freedom is Not a Fantasy: 9 Secrets to Get You There
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          Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

          Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

          Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

          In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

          Break Free of Your Finances

          Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

          When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

          Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

          Though it seems hard to believe, it is really very simple to get financial freedom.

          To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

          While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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          Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

          1. Stop Unnecessary Spending

          We often spend money inwardly, instead of objectively.

          For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

          To stop this habitual spending, log down all your spending over the course of a month.

          Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

          This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

          2. Plan a Monthly Budget

          This is a great opportunity to get serious.

          Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

          Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

          3. Cut-up Credit Cards

          Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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          If not, you may want to consider ridding your life of the burden that credit cards bring.

          Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

          Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

          4. Increase Savings

          There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

          It’s good practice to save up to 15% of your income.

          Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

          Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

          5. Invest Wisely

          Consider investing in funds.

          Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

          To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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          Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

          6. Invest in Gold

          There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

          You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

          Another way to invest in gold is through ETFs (Exchange Traded Funds).

          These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

          With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

          7. Stash Emergency Funds

          Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

          If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

          Make it hard to get your cash.

          Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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          8. Find Fabulous Mentors

          Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

          If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

          There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

          9. Be Extra Patient

          Patience is the key of financial success.

          Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

          So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

          Financial Freedom for All

          Anyone can achieve financial freedom, regardless of their financial circumstance.

          Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

          Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

          Featured photo credit: rawpixel via unsplash.com

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          Reference

          [1] Hartford Gold Group: IRA Retirement Accounts

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