5 Money Lessons From The Greats

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Today’s post is from Catherine Alford, our regular Tuesday contributor.

I’m a quotes girl. I have quotes on sticky notes all over my desk. Most of them are motivational, and I refer to them when I need an extra boost to work a little bit longer. Some of them are funny reminders of things that have happened or notes from my husband.

I love having all of these memos where I work because they keep me grounded, inspired, and ready to keep going. So, I thought it would be fun to round up some worthwhile money lessons in quote form in case you need some motivation too. Enjoy!

Warren Buffet

Warren Buffett with Fisher College of Business Student“I always knew I was going to be rich. I don’t think I every doubted it for a minute.”

Warren Buffet obviously has a lot of great quotes, but I like this one because it’s not his typical one about holding investments for a long period of time. This quote shows how the power of one idea, one belief, can inspire and push you to do your best. There are a lot of people in this world who have incredible abilities and opportunities to do amazing things, but without this level of motivation, it’s hard to achieve them.

Henry Ford

“A business that makes nothing but money is a poor business.”

I love this message because it reminds me of the real purpose of a business, which is to offer a service to others. In business, it’s easy to get focused on the bottom line and making a profit, but understanding the customer and providing great value are infinitely more important.

Donald Trump

Donald Trump“Sometimes your best investments are the ones you don’t make.”

It’s hard to know which investments and business opportunities are worthwhile, and it’s equally hard to walk away from a deal or a contract just because something doesn’t feel right. A few months ago, I turned down a large sum of money to write for a new website because it just didn’t feel right in my gut. I could just tell by my e-mail exchanges with the owner that I wouldn’t be valued. It killed me to say “thanks but no thanks,” but I know in the end it was the best decision for me.

Seneca

“It is not the man who has too little, but the man who craves more, that is poor.”

This quote reminds us that no matter how wealthy you are, you’ll never be truly happy unless you’re appreciative of what you have. If you constantly want more, you’ll always feel unsettled, but if you’re grateful for what you have, you can experience a lifetime of happiness.

Franklin D. Roosevelt

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

This Roosevelt quote reminds us that part of the fun of working hard and building wealth is in the journey itself, not necessarily the destination at the end.

What are some of your favorite money lessons from the greats?

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About Catherine Alford

Catherine Alford is a personal finance freelance writer who received a B.A. from The College of William and Mary and an M.A. from Virginia Tech. She enjoys sharing her adventures on her blog, www.BudgetBlonde.com.

Comments

  1. Whooop whoopp! Thanks for publishing, Lance!

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