Even the most successful people were not born with some special kind of financial knowledge!
Many people who made it big (on their own) in life were able to do so for these two reasons. They either did it because they had a great mentor who passed their financial wisdom to them, or because their lives were hard enough to push these people to take risks and get out of their comfort zones. Learning how to manage, save and invest money well takes guts. It is easier to follow the crowd and complain about the hard luck than see even the darkest times as an opportunity to start again and succeed.
For single mothers, there is usually no choice but to make it work. If not for their own benefit than for the sake of their children. Single mothers have developed a muscle to toughen it out and persevere no matter what. This makes us the perfect students of financial success lessons. So here is the list of 10 best quotes about money management from highly notable and successful people in the world.
It is not just about the money.
“Finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving the good society.” – Robert J. Shiller
All women need to know how to manage their money.
“Most women outlive their spouses. Divorce remains at record rates. It’s important for a woman to be able to control her finances.” – Maria Bartiromo
It’s not rocket science.
“The thing I have discovered about working with personal finance is that the good news is that it is not rocket science. Personal finance is about 80 percent behavior. It is only about 20 percent head knowledge.” – Dave Ramsey
“Beware of small expenses; a small leak will sink a great ship.” – Benjamin Franklin
Nurture your best asset.
“You are your greatest asset. Put your time, effort and money into training, grooming, and encouraging your greatest asset.” – Tom Hopkins
Money won’t cure brokenness.
“You can’t pay enough money to… cure that feeling of being broken and confused.” – Winona Ryder
Go after abundance.
“Wealth is the ability to fully experience life.” – Henry David Thoreau
Forget impressing others.
“Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.” – Will Rogers
Teach your children.
“What is important for kids to learn is that no matter how much money they have, earn, win, or inherit, they need to know how to spend it, how to save it, and how to give it to others in need. This is what handling money is about, and this is why we give kids an allowance.” – Barbara Coloroso
It takes YOU to succeed.
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” – Ayn Rand
I hope these great quotes about money management will bring a different perspective into your life. If you ever feel in doubt of your ability to make smart financial decisions, come back to this list and get re-inspired! For more great quotes from money-wise, check out this collection from the Entrepreneur magazine.