Oliver Wendell Holmes on Trust Protection
on Thursday, May 29, 2014Oliver Wendell Holmes Money Quotation saying trusts are essential protection of funds from marriage and foolishness. Oliver Wendell Holmes said:
“Put not your trust in money, but put your money in trust” — Oliver Wendell Holmes
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In this quote, American jurist and author Oliver Wendell Holmes seems to be advising a prudent approach to managing one’s finances and priorities. He cautions against placing “trust” or faith solely in money itself, implying wealth should not be viewed as the sole source of security, fulfillment or social status.
However, Holmes also suggests that while money should not be idolized, it is still wise to invest it securely through vehicles like trusts. The quote conveys Holmes’ perspective that financial resources are best utilized not as an object of worship or reliance, but rather by allocating them responsibly through investment strategies that can continue providing benefits across generations.
Overall, he appears to be advocating a balanced view – neither fixating on money nor neglecting its potential to generate lasting value if stewarded carefully.
Birthday March 8, 1841 Died March 6, 1935