In the world of money, a ‘quote’ is usually an element of market data. But in the real world, a quote is of course a sentence or two which captures the imagination – a short, sharp and valuable insight. And here are our favourite ones for teaching important financial lessons…
Source: Bryan Rosengrant
Too many famous quotes on the subject of money try to tell you whether it’s a good or bad thing. The great English satirist (and author of Gulliver’s Travels) Jonathan Swift reminds us that it’s not that simple. Being aware of money, but not in love with it, seems like wise advice to us…
Source: Charlton Clemens
Few writers have a more elegant turn of phrase than Henry James, and here he offers up a nice image for the different ways money can feature in our lives. What to do after we’ve ‘met’ the money is, of course, another question…
Source: Room Decorating Ideas
When it comes to handing out money advice, it’s hard to find many people with better credentials than Andrew Carnegie – who made an extraordinary fortune, which he then gave away almost entirely. By adapting a famous maxim, Carnegie shows how important it is us to take received wisdom with a pinch of salt.
Mencken was more famous for his witty critiques of religion and politics than his money advice, but this definition of wealth certainly rings true! Telling people that money is relative is one thing, but illustrating that idea as vividly and personally as Mencken does makes the message all the more convincing.
This is a good one for people running their own business; a neat reminder that customers and employees are all part of the same process. It’s also a handy lesson in humility – Ford shows us that people at the top are essentially the middle men!
I write on all areas of finance for BookCheck, so keep a check on my blog for more accounting, bookkeeping and finance based posts.