Best 94 of Money management quotes - MyQuotes
See money – currency - as the flow of energy and giving that cycles between you, others and me. Now let it flow kindly, fairly and mindfully.
You don’t have to be a miser, just be wiser with your money.
Money is the result of trust. Trust yourself and money will trust you.
When a man has learned to live without money, he thought, a few rubles can go a long way.
Give yourself a set period of time to grieve and heal before focusing on financial matters.
Money, like emotions, is something you must control to keep your life on the right track.
I was always taught that when you’re lucky enough to learn something or have some advantage you should share it.
Just make as much money as you can, but try your best not to rob or get robbed, it will sweep all that you have and leave your hands empty.
Our culture has at its core the idea that more is better. Many of us design our lives around this belief. And yet the underlying qualities that truly affect happiness are not advanced one whit by having more material things. More peace of mind is gained by allowing ourselves to be satisfied with what we already have. More joy is not bought; it is found in our hearts.
It's not about judging you, it's about changing your point of view.
As we understand it, everything is in the Bible for one reason – to teach us a lesson. Thus, in the beginning of the Bible, we see how God budgets His time for labor, and He saves the seventh day for rest, or retirement. The concept of budgeting was created by God to give us a life of prosperity in the world He created for us, so we should learn to budget as a way to emulate God in our financial life.
The strength of your personal financial resources is equivalent to the quality of your financial decision making.
Time is a currency you can only spend once, so be careful how you spend it.
People who can manage their time can also manage their money. After all, managing minutes and managing money is the same exact principle.
Your trading needs to boil down to rules, money management, and that is it.
Jonathan Anthony Burkett
Saving money won't get us rich. You have to spend it to get it.
As soon as we become aware of money, we develop beliefs about it-- beliefs we cling to, sometimes for the rest of our lives, often at the cost of our souls.
Your Personal Economic Model One tool we use when discussing the best course of action to secure your financial future is the Personal Economic Model®. Just as a medical doctor would use an anatomical model to convey medical concepts, we use the following model to convey financial concepts. This model offers a visual representation of the way money flows through your hands. On the left, you will notice the Lifetime Capital Potential tank, which illustrates that the amount of money you will control during your lifetime is both large, as well as finite. Most people are shocked to see how much money can flow through their hands in their lifetime. Once earned, your money flows directly to the Tax Filter where the state and federal governments take tax dollars owed from your paycheck. The after tax dollars are then directed to either your Current Lifestyle or your Future Lifestyle. Your management of the Lifestyle Regulator determines where these dollars go. Regulating the cash flow between your current lifestyle desires and your future lifestyle requirements may be the most important financial decision you will ever make. Here’s why. Each and every dollar that is allowed to flow through to your Current Lifestyle is consumed and gone forever. The goal is to accumulate enough money in the Savings and Investment tanks so that when you retire, the dollars in those tanks can be used to pay for your future lifestyle requirements. Retirement planning seems hard for most people to do but it is not rocket science. The best position, position A, would be to have enough in the tanks so that you can live in the future like you live today adjusted for inflation and have your money last at least to your life expectancy. That’s a win, but the icing on the cake would be to accomplish that with little to no impact on your present standard of living, and that is exactly what we strive to help our clients to do. Working with us can help you with the following: Optimize the balance between your Current and Future Lifestyles Identify inefficiencies in your current personal economic model (where are you losing money) Design, implement, and execute a plan to secure your financial future Limit the impact on your Current Lifestyle dollars (maintain your current standard of living)
Although some popular religious texts such as the New Testament, Quran, Bhagavad Gita, Tao Te Ching, or Tibetan Book of the Dead contain interesting insights and stories, it is the Jewish religious texts such as the Old Testament (Hebrew Scriptures) that contain valuable information on acquiring wealth.
she wondered how she could have spent all that money and have nothing but clothes and accessories and a long list of men she never wanted to see again to show for it
If you need it, don’t lend it. It’s in most people’s nature to want to help, but if you genuinely need the money back, and you can’t afford to lose it, it’ll be in your best interest to NOT set yourself up.
I used to say why save money if I'll die tomorrow, I haven’t died yet and I have nothing to survive on
Sometimes Satan isn't busy- we're just being lazy.
Salary is not what you earn,Salary is what you save.
Recognize those times when it's best to do nothing. The weeks and months following a significant loss, including death, divorce, or the incapacitation of a loved one, are fraught with emotions. We typically do not make our best decisions under circumstances such as these. **Avoid the inclination to immediately put your house on the market** cash in all your savings, and move to the south of France, or trust the first person who comes along who says he or she can give you all the help you need.
Money per se does not make you happy - it's what it enables you to do with your life.
Every time you borrow money, you're robbing your future self.
Many people lack discipline when it comes to saving money. What good is having a bunch of stuff if you’re struggling, in debt, or broke most of the time? So many people put up a front like they’ve got it going on, but they know the truth. They spend all of their money trying to look important, and/or keep up an image. Knowledge is everything! Educate yourself about money, investing, and saving. I encourage you to start investing in yourself instead of things! Set yourself up for a better future and start making better choices. Building wealth takes time! Have discipline. Save. Stay consistent. Be brave enough to change your spending habits. Be wise! Don’t allow money to control you. Strive to have a healthy relationship with money!
Unforgettable experiences are generally worth splurging on; unlike stuff, memories don’t wear out (or take up space, get dusty, break, or get stolen). If you really want to go and work at an orangutan orphanage in Borneo, it will be worth the cash.
Money does not dictate your lifestyle, it's what you do to get it and how you manage your finances that determines your lifestyle.
Ever see something in a store that you gotta have? How about those rainbow suspenders you wore only once? Prevent the "wish-I-hadn't"s by asking yourself these questions: *Will I use it or wear it often? *Will I use it or wear it a couple months from now? *If I get it, will I have enough money for what I'm saving for? If the answer to any of these questions is no, you might want to think twice. If you still aren't sure, try waiting a week to see if it has the same appeal.
Don't take on more student loans than your future-self can handle.
Status symbols mean nothing to me, I am neither impressed by nor scared of money.
Collateral Capacity or Net Worth? If young Bill Gates had knocked on your door asking you to invest $10,000 in his new company, Microsoft, could you get your hands on the money? Collateral capacity is access to capital. Your net worth is irrelevant if you can’t access any of the money. Collateral capacity is my favorite wealth concept. It’s almost like having a Golden Goose! Collateral can help a borrower secure loans. It gives the lender the assurance that if the borrower defaults on the loan, the lender can repossess the collateral. For example, car loans are secured by cars, and mortgages are secured by homes. Your collateral capacity helps you to avoid or minimize unnecessary wealth transfers where possible, and accumulate an increasing pool of capital providing accessibility, control and uninterrupted compounding. It is the amount of money that you can access through collateralizing a loan against your money, allowing your money to continue earning interest and working for you. It’s very important to understand that accessibility, control and uninterrupted compounding are the key components of collateral capacity. It’s one thing to look good on paper, but when times get tough, assets that you can’t touch or can’t convert easily to cash, will do you little good. Three things affect your collateral capacity: ① The first is contributions into savings and investment accounts that you can access. It would be wise to keep feeding your Golden Goose. Often the lure of higher return potential also brings with it lack of liquidity. Make sure you maintain a good balance between long-term accounts and accounts that provide immediate liquidity and access. ② Second is the growth on the money from interest earned on the money you have in your account. Some assets earn compound interest and grow every year. Others either appreciate or depreciate. Some accounts could be worth a great deal but you have to sell or close them to access the money. That would be like killing your Golden Goose. Having access to money to make it through downtimes is an important factor in sustaining long-term growth. ③ Third is the reduction of any liens you may have against these accounts. As you pay off liens against your collateral positions, your collateral capacity will increase allowing you to access more capital in the future. The goose never quit laying golden eggs – uninterrupted compounding. Years ago, shortly after starting my first business, I laughed at a banker that told me I needed at least $25,000 in my business account in order to borrow $10,000. My business owner friends thought that was ridiculously funny too. We didn’t understand collateral capacity and quite a few other things about money.
Consider the situation: Money that was provided because of social networks rather than need; a project designed for prestige rather than to be used; a lack of monitoring and accountability; and an architect appointed for show by somebody with little interest in the quality of the work. The outcome is hardly surprising: a project that should never have been built was built, and built badly.
Dozens of days, experiences, and encounters have set me on a path I never dreamed possible.
Wealth is a planned result that requires productive work and dedication. The Tanakh says, “The plans of the diligent lead only to abundance; but all who rush in arrive only at want” (CJB, Proverbs 21:5).
When setting goals, create ‘stretch’ goals. They will assist you in developing your potential to its fullest!
You got loans to pay off, and I got deposits to make.
Ernest Agyemang Yeboah
don't ever allocate necessary time for unnecessary things. Understand what time it is to do what it is
And so I have grown up wanting to feel secure when it comes to money, but doing so by treating it as something to be enjoyed, shared, and not given power.
As my father used to say: "There are two sure ways to lose a friend, one is to borrow, the other to lend.
Money is a very dangerous thing, you have to get know how to look after it or else you will loose it with ease and remember how you would've it in hard times.
A credit card allows you transcend time. For it allows you to put off until tomorrow what you bought today, while you are still paying off what you bought yesterday.
Although God allows the world to use His great wealth in order that their physical and material needs be met, it is not God's will for the devil's children to control all the money that is in the world.
There is only one way to make money: sell something. You're either selling your time or a product. The secret? Productize your time. That's freedom.
You have choices and you do have some control. The IRS is not always correct! Even if you owe more than you can pay, there are other options.
People who are distracted by door money, neglect the production and the audience. Money becomes their god. They sacrifice their reputation in favor of building revenue. Believe me; the former is more difficult to recover if lost.
The Talmud says that “blessed is He who has created all these to serve me.” German politician Julius Streicher said, “It is an open secret that Jews do not work, but rather let others work for them.
Lailah Gifty Akita
Time is much more valuable than money.