When searching the internet for ways to manage money, the truth is, a lot of what you find is garbage! For that reason, I have decided to let the experts in the field advise you with their memorable phrases about money management, followed by some comments to give these quotes some utility for you.
If you like famous quotes of this style, you will surely enjoy reflecting on these phrases.
Here are famous phrases on how to manage money
“Wall Street is the only place where people arrive in a Rolls-Royce to receive advice from people traveling in the subway” (Warren Buffet).
“The main reason why people have financial difficulties is that they accept financial advice from poor people or vendors” (Robert Kiyosaki).
“With a million dollars in your pocket and enough breaths, you can go to ruin in a year” (Warren Buffet).
These three great phrases translate to our language as:
Do not trust what the bank says or those who write in the newspaper; if he practiced everything he preached, he would already be rich; Look, Maria, the newspaper/TV analyst, says that if I don’t buy the ABC Company right now, it’s because I’m dumb. Where do we have the hidden money?
Please don’t make the error of trusting someone, who makes money recommending things that can make you rich, that isn’t rich themselves!
“Money doesn’t give you happiness, okay, but it leaves you so close to it that you can walk in a few minutes.”
I understand people who say that money is not everything, but let’s not fool ourselves; you have to know how to value and manage money. It is not everything, but it helps a lot.
“The difference between the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left” (Robert Kiyosaki).
“The middle class buys debts; the rich, assets. That’s what makes the difference” (Robert Kiyosaki).
Unfortunately, we can see what Kiyosaki tries to tell us on TV every day. Workers who previously earned large amounts of money spent everything on credit, of course, and now things have gone wrong, and they can’t keep up. From now on, apply Kiyosaki’s theory, save first, spend later!
“If you think training is expensive, try ignorance” (Benjamin Franklin).
It is better to spend a few afternoons looking for information about what to do with your money than to pay attention to the first one to advise you of something (including me, I am not the only opinion!). Please do your research to ensure they do not scam us again with some preference; history tells us they will try again.
“If we do not change the direction of our steps, it is very likely that we will end up getting where we are going.”
If you have trouble reaching the end of the month continuously, do something to change it! If you don’t make any changes, don’t be surprised if the same happens to you at the end of the following month.
“If you want to be rich, just find out what everyone else is doing, and do exactly the opposite” (Robert Kiyosaki).
Is your social group having money problems? If you don’t want the same thing to happen to you, look at what they do, find where they are making mistakes, and do the opposite.
“If you don’t know where you want to go, you will probably never get anywhere” (Mark Fisher).
Analyze your current situation, think about what you can change and improve, look for alternatives, and get to work on it. The most important thing in money management is to be very clear on how to proceed, starting with knowing the available alternatives and following the plan you set.
What do you think? What are your favorite phrases related to money management? Comment on the blog or social networks. If you want to see a version in a 3-minute video of the article, you can see it here with additional commentary from me.
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