Money is a big deal. It can provide you with everything you’ve ever dreamt about and make most of your problems disappear. It’s the reason why we get up every morning to work, and the reason you are reading this blog.
But it can only buy you happiness if you know how to manage it. Spend it recklessly and you will be in a spiral of debt. If you save and invest it – it will work for you as a faithful servant.
That said, here are some brilliant quotes to help you better manage your money and set you on a path of financial freedom.
- Many Folks Think They Aren’t Good at Earning Money When What They Don’t Know Is How to Use It | Frank A. Clark
Let’s face it, most of us have made a considerable amount of money at some point in our lives, but we have wondered where all that money went after a few months.
This comes as a result of not budgeting, impulse buying and not saving as much as we should have. Think about it: If you knew to invest, save or buy smarter, you’d be in a better position now.
- Part of Your Heritage in This Society Is the Opportunity to Become Financially Independent | Jim Rohn
Do you feel like you were put on this earth to just wake up every morning to look for money? Are you trapped in the rat race that is life as many people know it? According to Jim Rohn, that is not your heritage.
The thing is to have income security and financial independence to live your dream life and help others, which can only be achieved when you better manage your finances immediately things fall in place.
- Money Is 80% Behavior, 20% Head Knowledge. It’s What You Do, Not What You Know | Dave Ramey
Sitting on your knowledge and building castles in the air can only get you so far. You have to rise, implement your ideas and work hard if you want to make good money.
Saving what you make out of your grind is part of money behaviour too, as building a personal savings culture needs a lot of dedication and commitment to the cause.
- That Man Is Richest Whose Pleasures Are Cheapest | Henry David Thoreau
For some people, financial struggles are due to not bringing in enough money. For many others, though, the problem comes from not spending money wisely or from spending more money than they make. As such, one should always spend less and save more.
When you stop to consider the long-term benefits and drawbacks of buying things you don’t need, choosing to save more money, you will be well on your way to riches.
- Stop Buying Things You Don’t Need, To Impress People You Don’t Even Like | Suze Orman
We all feel the pressure of living to the standards of our clique or those people we look up to. The urge to spend money like they do, on the things they do, the clothes they wear, the cars they drive.
But do you like them enough to put your financial stability at risk? Especially considering some of those people could be faking it? Save your money and your future self will thank you. You have nothing to prove to anyone, real friends don’t care about what you have, and you’ll never make everyone happy anyway.
- Money Moves From Those Who Do Not Manage It To Those Who Do | Dave Ramsey
Money prefers to be treated well and is quick to flee from reckless people to settle with those who know how to manage it.
So, do you want money to move to you? You have to get a grip of your current financial situation, set personal priorities and financial goals, create and stick to a budget, pay off the debt in time and save, save, save.
- Never Depend On Single Income. Make Investments To Create A Second Source | Warren Buffett
Looking for an investment advisor? You won’t find anyone better than Warren Buffett, one of the world’s richest and most prominent investors in the world.
So take his word when he says you can’t depend on a single source of income. Keep investing. You may not buy shares in Bank of America, Apple, Coca-Cola, American Express or General Motors like Buffett has, but you can take advantage of Kava’s sure investments that will give you returns of up to 10% p.a (Terms and conditions apply)
- Broke Is A Temporary Condition; Poor Is A State Of Mind | Sir Richard Francis Burton
It’s a fact: Many wealthy people have been broke at some point in their lives, but most poor people have always been poor. The difference? Mindset. Wealthy people have the mental grit to pursue their ambitions and they know how to handle money when it comes their way.
Poor people don’t invest or save when they get their money, instead of purchasing things to impress others.
- The Rich Invest Their Money and Spend What Is Left; The Poor Spend Their Money and Invest What Is Left | Jim Rohn
Ever wondered why people go back to being poor a few years after winning millions in a lottery? It’s because they spend their money n flashy cars, big houses, and exotic trips – when they really should be saving and investing first and investing on what’s left.
- Earning A Lot of Money Is Not the Key to Prosperity. How You Handle It Is | Dave Ramsey
A promotion at work or a thriving business is not the key to prosperity. As Covid-19 has shown us, anything can happen to completely alter one’s financial position and trajectory.
As such, you are advised to handle your money like tomorrow’s fortunes are not guaranteed. Save and invest with every chance you have, and you will prosper.