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50 Money Quotes by Famous People that Can Change Your Attitude Towards Money

50 Money Quotes by Famous People that Can Change Your Attitude Towards Money

When you need advice about your finances, it’s often quite inspirational, interesting, and even funny to research the opinions of famous businessmen, thinkers, and celebrities. Check out our 50 favorite money quotes below: we hope they can help you change your attitude towards money in a positive way.

1. “Money can’t buy friends, but you can get a better class of enemy.” Spike Milligan

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    2.  “Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has the more one wants.” Benjamin Franklin

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      3. “A wise person should have money in their head, but not in their heart.” Jonathan Swift

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        4. “Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.” Donald Trump

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          5. “Money often costs too much.” Ralph Waldo Emerson

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            6. “A man is rich in proportion to the things he can afford to let alone.” Henry David Thoreau

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              7. “You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you.” Maya Angelou

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                8. “Money is usually attracted, not pursued.” Jim Rohn

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                  9. “Not he who has much is rich, but he who gives much.”
Erich Fromm

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                    10. “Never stand begging for that which you have the power to earn.” Miguel de Cervantes

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                      11. “There’s no money in poetry, but then there’s no poetry in money, either.” Robert Graves

                      12. “I’d like to live as a poor man with lots of money.” Pablo Picasso

                      13. “When it is a question of money, everybody is of the same religion.”  Voltaire

                      14. “Money is power, freedom, a cushion, the root of all evil, the sum of blessings.” Carl Sandburg

                      15. “It is better to have a permanent income than to be fascinating.” Oscar Wilde

                      16. “It doesn’t matter about money; having it, not having it. Or having clothes, or not having them. You’re still left alone with yourself in the end.” Billy Idol

                      17. “What difference does it make how much you have? What you do not have amounts to much more.” Seneca

                      18. “You use your money to buy privacy because during most of your life you aren’t allowed to be normal.” Johnny Depp

                      19. “The art is not in making money, but in keeping it.” Proverb

                      20. “The glow of one warm thought is to me worth more than money.” Thomas Jefferson

                      21. “Money is the wise man’s religion.” Euripides

                      22. “Only buy something that you’d be perfectly happy to hold if the market shut down for ten years.” Warren Buffett

                      23. “Put all good eggs in one basket and then watch that basket.” Andrew Carnegie

                      24. “Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.” William Shakespeare

                      25. “Money is like mucknot good unless it be spread.” Francis Bacon

                      26. “Money can’t buy happiness, but it will certainly get you a better class of memories.” Ronald Reagan

                      27. “Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent.” Robert Frost

                      28. “When I had money everyone called me brother.” Polish proverb

                      29. “For I don’t care too much for money, for money can’t buy me love.” The Beatles

                      30. “If you think nobody cares if you’re alive, try missing a couple of car payments.” Earl Wilson

                      31. “Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment it insures the possibility of satisfying a new desire when it arises.” Aristotle

                      32. “Money and women are the most sought after and the least known about of any two things we have.” Will Rogers

                      33. “My formula for success is rise early, work late and strike oil.” JP Getty.

                      34. “I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died” Malcolm Forbes

                      35. “Frugality includes all the other virtues.” Cicero

                      36. “Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.” Gandhi

                      37. “He who loses money, loses much; He who loses a friend, loses much more; He who loses faith, loses all.”
Eleanor Roosevelt

                      38. “Know what you own, and know why you own it.” – Peter Lynch

                      39. “Formal education will make you a living; self-education will make you a fortune.” Jim Rohn

                      40. “A treasure is to be valued for its own sake and not for what it will buy.” Graham Greene

                      41. “The way to stop financial joyriding is to arrest the chauffeur, not the automobile.” Woodrow Wilson

                      42. “I pity that man who wants a coat so cheap that the man or woman who produces the cloth shall starve in the process.” Benjamin Harrison

                      43. “Opportunity is missed by most people because it is dressed in overalls and looks like work.” Thomas Edison

                      44. “An investment in knowledge pays the best interest.” Benjamin Franklin

                      45. “Expect the best. Prepare for the worst. Capitalize on what comes.” Zig Ziglar

                      46. “In investing, what is comfortable is rarely profitable.” Robert Arnott

                      47. “Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are.” James W. Frick

                      48. “Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent. Be careful lest you let other people spend it for you.” Carl Sandburg

                      49. “Make money your god, and it will plague you like the devil.” Henry Fielding

                      50. “If you would be wealthy, think of saving as well as getting.” Ben Franklin

                       

                      What’s your favorite money quote? Who is your role model when it comes to finances?

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                      Published on November 20, 2018

                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                      The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

                      The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

                      Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

                      In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

                      Why Your Past Prevents You from Saving Money

                      Are you constantly thinking about your financial mistakes?

                      If so, these thoughts are holding you back from saving.

                      I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

                      It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

                      For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

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                      How to Effortlessly Track Your Spending

                      Stop manually tracking your spending.

                      Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

                      When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

                      Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

                      The Truth on Why You Keep Failing

                      Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

                      Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

                      Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

                      If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

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                      Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

                      Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

                      1. Save more than 50% of your available money (after expenses)
                      2. Only buy nice things after saving
                      3. Automate your savings with automatic bank transfers

                      These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

                      How to Foolproof Yourself out of Debt

                      Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

                      So how can you separate yourself from the 60%?

                      By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

                      This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

                      For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

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                      Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

                      A Proven Formula to Skyrocket Your Savings

                      Having proven systems in place to help you save more is important, but they’re not the best way to save money.

                      You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

                      What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

                      Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

                      Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

                      During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

                      Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

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                      Transform Yourself into a Saving Money Machine

                      Saving money isn’t complicated but it’s one of the hardest things you’ll do.

                      By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

                      The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

                      Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

                      Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

                      What are you waiting for? Go and start saving money, the sky is your limit.

                      Featured photo credit: rawpixel via unsplash.com

                      Reference

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