Posts Tagged ‘coupon’
Charlie Munger: First $100K Bitch
on Saturday, October 23, 2021Charlie Munger Money Quote saying it’s tough to raise the table stakes, but once you have $100k you can relax a little. Charlie Munger said:
“The first $100k is a bitch, but you gotta do it. I don’t care what you have to do – if it means walking and not eating anything that wasn’t purchased with a coupon, find a way to get your hands on $100,000. After that you can ease of the gas a little bit” — Charlie Munger
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This quote from Charlie Munger is advising that the initial $100,000 is very difficult to accumulate, but it is an important milestone to reach. Munger is suggesting that extreme sacrifice may be needed in the early stages, such as limiting spending, walking instead of driving, only buying food with coupons, and focusing all efforts on earning and saving money.
However, he implies that once that first $100,000 is achieved, it will become easier to continue growing wealth. Munger seems to be emphasizing the value of grit and determination in the beginning phases of building financial stability and independence, even if it requires significant hardship, and that things can become less stringent after surpassing that initial hurdle.
Birthday: January 1, 1924 – Death: November 28, 2023
Mae West: Cashing In Love
on Tuesday, October 5, 2010Funny Money Quotes: Mae West Money Quotation saying that once men have fallen in love it could be compared to cashing in savings coupons gathered from the Sunday paper. Mae West said:
“A man in love is like a clipped coupon — it’s time to cash in” — Mae West
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Birthday August 17, 1893 and she died November 22, 1980
Mae West compared falling in love to cashing in coupons because both involve redeeming something you’ve collected for a reward or benefit. When people are in love, they feel they can gain emotional fulfillment, companionship, and other rewards from their relationship, similar to how coupons allow you to gain material goods or savings by redeeming clips from newspapers.
Her quote suggests that once someone has found love, they should make the most of the relationship and “cash in” on the rewards of being with their partner, just as smart shoppers cash in coupons to get items at a discount.