Archive for the ‘saving’ Category
Next Page »Morgan Housel: Saving Your Income
on Friday, April 28, 2023Meaning of Morgan Housel Money Quote: saying how much you save may be determined by the size of your ego more than your income. Morgan Housel said:
“Saving is the gap between your ego and your income” — Morgan Housel
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John Mulaney: Stock Market
on Thursday, August 25, 2022Meaning of John Mulaney Money Quote: saying it’s simpler to understand how savings accounts work. Stocks are more complex. John Mulaney said:
“All my money is in a savings account. My dad has explained the stock market to me maybe 75 times. I still don’t understand it” — John Mulaney
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Hugh MacLennan: Saving Owed
on Thursday, June 9, 2022Hugh MacLennan Money Quote saying a farmer saves by owing it to a trustworthy person. Hugh MacLennan said:
“The farmer’s way of saving money: to be owed by someone he trusted” — Hugh MacLennan
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Warren Buffett: Teaching Kids Value
on Friday, December 31, 2021Warren Buffett Money Quote saying kids should be taught the value of saving and meaning of needs versus wanting things. Warren Buffett said:
“It’s never too early. Whether it’s teaching kids the value of a dollar, the difference between needs and wants, or the value of saving. These are all concepts that kids encounter at a very early age, so best to help them to understand it” — Warren Buffett
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Richie Norton: Retire Nest Egg
on Thursday, December 30, 2021Richie Norton Money Quote saying there’s a difference between saving money and putting off dreamed of experiences. Richie Norton said:
“People confuse saving money with postponing dreams. Somehow, we’ve been lulled into thinking our dreams are kept safe inside our retirement nest egg and we must sit there on top to keep it warm” — Richie Norton
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Daniel Craig: Inheritance Distasteful
on Saturday, October 30, 2021Daniel Craig Money Quote saying that rather than giving accumulated wealth to family, better to give it away or spend it. Daniel Craig said:
“But I don’t want to leave great sums to the next generation. I think inheritance is quite distasteful. My philosophy is: get rid of it or give it away before you go” — Daniel Craig
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Matthew Desmond: Homeownership
on Thursday, September 16, 2021Matthew Desmond Money Quote saying that owning a home can be one of the strongest reasons to save and invest in that ownership. Matthew Desmond said:
“There is a reason so many Americans choose to develop their net worth through homeownership: It is a proven wealth builder and savings compeller” — Matthew Desmond
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Mokokoma Mokhonoana: Invest
on Wednesday, August 4, 2021Mokokoma Mokhonoana Money Quote saying few live below their means and fewer still save and invest the excess. Mokokoma Mokhonoana said:
“There is no law against living below your means (and then saving and/or investing what is left)” — Mokokoma Mokhonoana
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