TruthOrator's Entrepreneur And Business Empowerment Quotes
"An investment in knowledge pays the best interest." “Beware of little expenses; a small leak will sink a great ship.”- Benjamin Franklin.
“The most powerful force in the universe is compound interest.” - Albert Einstein
"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for." - Robert Kiyosaki
“Do not save what is left after spending, but spend what is left after saving. If you buy things you do not need, soon you will have sell the things you need.” - Warren Buffet
"Know what you own, and know why you own it." - Peter Lynch
“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” -Will Smith
“If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich.” -Mark Cuban
“If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” -Henry Ford
“Starting out to make money is the greatest mistake in life. Do what you feel you have a flair for doing, and if you are good enough at it, the money will come.” - Greer Garson
“If you put all your strength and faith and vigor into a job and try to do the best you can, the money will come.” - Lawrence Welk
“Pursuing your passion is fulfilling and leads to financial freedom.” - Robert G Allen
“Money is hard to earn and easy to lose. Guard yours with care.” - Brian Tracy
“Never spend your money before you have it.” - Thomas Jefferson
“It's not your salary that makes you rich, it's your spending habits.” - Charles A. Jaffe
“Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances.” - Henry Buckley
“In the short run the market is a voting machine, but in the long run it is a weighing machine.” - Benjamin Graham.
Debt is like any other trap, easy enough to get into, but hard enough to get out of. - Henry Wheeler Shaw
“A penny saved is a penny earned.”
Franklin’s most famous personal finance quote isn’t actually quite accurate. Quantitatively, when you consider that most people calculate their earnings prior to taxes, a penny saved is actually worth more than a penny earned. Why? Because taxes reduce your actual take home pay. If you earn $10 an hour, you will likely only see around $7.50 after taxes. Therefore, if you can cut your expenses by $10, it actually results in saving more than 1 hour’s worth of your take home wage.
The lesson: Saving money is the number one key to building wealth and becoming financially successful.
2. “An investment in knowledge always pays the best interest.”
Investing in yourself is just as important as saving for the future. In fact, although Franklin is also attributed with the saying, “early to bed, early to rise, keeps a man healthy, wealthy, and wise,” Franklin was known to frequently burn the midnight oil studying languages which included French, Italian, Latin, and Spanish. This gained knowledge served him and the colonies well in his travels soliciting support from the French during the American revolution, paying dividends he could have never expected. Franklin’s life teaches that success is not only born from hard work, but also from diligent study.
The lesson: Never stop learning. If you have a chance to take a class, or further your education, go for it. Better yet, study things that interest you on your own time. A library card is free!
3. “Having been poor is no shame, being ashamed of it is.”
Franklin was a self-made man who believed that success was derived through hard work, diligence, and study. His own beginnings were of a humble nature, but he progressed through entrepreneurship and lifelong learning. He never shied away from being honest about who he was or how he came by his success.
The lesson: Remembering the crushing weight of debt or poverty might be just the motivation you require to sustain your personal frugality and ensure a better future for yourself and your family.
4. “He that is of the opinion money will do everything may well be suspected of doing everything for money.”
An encyclopedia of personal finance could be written on this quote alone. Frugality, savings, and thrift are one thing, but greed is another matter altogether. The financial crisis which began in 2008 is a prime example. Greed drove billions of dollars into risky and speculative investments such as sub-prime adjustable rate mortgages and mortgage-backed securities which promised impossible returns to investors who were well beyond their depth of understanding but blinded by dollar signs.
The lesson: You should be in charge of your money; it shouldn’t be in charge of you.
5. “Rather go to bed without dinner than to rise in debt.”
Franklin understood the insidious nature of debt, and firmly believed that it’s better to slash expenses to an extreme level rather than to incur debt in order to afford a lifestyle that is well beyond our means. Certainly, cutting back on essential human needs such as food is a choice that we will ideally not be confronted with any time soon, but this quote reinforces the importance of building an emergency fund.
The lesson: Don’t live beyond your means, and get out of debt as quickly as possible.
Happy New Week My Kings and Queens
I Appreciate You
K.O.P Bashorun.
'Your Life Orator'
CEO/Founder
Feel Free to Share
(c) 2015
“The most powerful force in the universe is compound interest.” - Albert Einstein
"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for." - Robert Kiyosaki
“Do not save what is left after spending, but spend what is left after saving. If you buy things you do not need, soon you will have sell the things you need.” - Warren Buffet
"Know what you own, and know why you own it." - Peter Lynch
“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” -Will Smith
“If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich.” -Mark Cuban
“If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” -Henry Ford
“Starting out to make money is the greatest mistake in life. Do what you feel you have a flair for doing, and if you are good enough at it, the money will come.” - Greer Garson
“If you put all your strength and faith and vigor into a job and try to do the best you can, the money will come.” - Lawrence Welk
“Pursuing your passion is fulfilling and leads to financial freedom.” - Robert G Allen
“Money is hard to earn and easy to lose. Guard yours with care.” - Brian Tracy
“Never spend your money before you have it.” - Thomas Jefferson
“It's not your salary that makes you rich, it's your spending habits.” - Charles A. Jaffe
“Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances.” - Henry Buckley
“In the short run the market is a voting machine, but in the long run it is a weighing machine.” - Benjamin Graham.
Debt is like any other trap, easy enough to get into, but hard enough to get out of. - Henry Wheeler Shaw
“A penny saved is a penny earned.”
Franklin’s most famous personal finance quote isn’t actually quite accurate. Quantitatively, when you consider that most people calculate their earnings prior to taxes, a penny saved is actually worth more than a penny earned. Why? Because taxes reduce your actual take home pay. If you earn $10 an hour, you will likely only see around $7.50 after taxes. Therefore, if you can cut your expenses by $10, it actually results in saving more than 1 hour’s worth of your take home wage.
The lesson: Saving money is the number one key to building wealth and becoming financially successful.
2. “An investment in knowledge always pays the best interest.”
Investing in yourself is just as important as saving for the future. In fact, although Franklin is also attributed with the saying, “early to bed, early to rise, keeps a man healthy, wealthy, and wise,” Franklin was known to frequently burn the midnight oil studying languages which included French, Italian, Latin, and Spanish. This gained knowledge served him and the colonies well in his travels soliciting support from the French during the American revolution, paying dividends he could have never expected. Franklin’s life teaches that success is not only born from hard work, but also from diligent study.
The lesson: Never stop learning. If you have a chance to take a class, or further your education, go for it. Better yet, study things that interest you on your own time. A library card is free!
3. “Having been poor is no shame, being ashamed of it is.”
Franklin was a self-made man who believed that success was derived through hard work, diligence, and study. His own beginnings were of a humble nature, but he progressed through entrepreneurship and lifelong learning. He never shied away from being honest about who he was or how he came by his success.
The lesson: Remembering the crushing weight of debt or poverty might be just the motivation you require to sustain your personal frugality and ensure a better future for yourself and your family.
4. “He that is of the opinion money will do everything may well be suspected of doing everything for money.”
An encyclopedia of personal finance could be written on this quote alone. Frugality, savings, and thrift are one thing, but greed is another matter altogether. The financial crisis which began in 2008 is a prime example. Greed drove billions of dollars into risky and speculative investments such as sub-prime adjustable rate mortgages and mortgage-backed securities which promised impossible returns to investors who were well beyond their depth of understanding but blinded by dollar signs.
The lesson: You should be in charge of your money; it shouldn’t be in charge of you.
5. “Rather go to bed without dinner than to rise in debt.”
Franklin understood the insidious nature of debt, and firmly believed that it’s better to slash expenses to an extreme level rather than to incur debt in order to afford a lifestyle that is well beyond our means. Certainly, cutting back on essential human needs such as food is a choice that we will ideally not be confronted with any time soon, but this quote reinforces the importance of building an emergency fund.
The lesson: Don’t live beyond your means, and get out of debt as quickly as possible.
Happy New Week My Kings and Queens
I Appreciate You
K.O.P Bashorun.
'Your Life Orator'
CEO/Founder
Feel Free to Share
(c) 2015
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