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

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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

              you-can-only-become-truly-accomplished-at

                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?

                      More by this author

                      Catherine Alford

                      Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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                      Last Updated on July 20, 2021

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

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

                      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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