Roger Babson: Where Dollars Went
on Sunday, December 2, 2012Roger Babson Money Quote saying we spend without noticing and without strategy so that it is gone before we know it and we must ask ourselves – after the fact – where it went. Roger Babson said:
“More people should learn to tell their dollars where to go instead of asking them where they went” — Roger Babson
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In this quote, Roger Babson is advising that people should focus more on proactively directing their money toward important goals and priorities, rather than passively wondering where their money went after the fact. His implication is that by thoughtfully and intentionally “telling” dollars to be spent on specific needs, savings and investments, individuals can gain more control over their financial situation and outcomes.
Babson suggests allowing money to be spent without clear purpose or planning often results in funds being dissipated without achieving meaningful objectives. The quote conveys that taking an active, forward-looking role in consciously allocating one’s finances yields better long-term results than reactively tracking money’s movements without intentional guidance.
It emphasizes the value of financial prioritization and decision-making over leaving expenditures unstructured.
Birthday: July 6, 1875 – Death: March 5, 1967