Amy Dacyczyn: Expense of Others

Meaning of Amy Dacyczyn Money Quote: saying saving money should never come at the expense of someone else. Amy Dacyczyn said:
 
 

 

“The relationship between ethics and thrift can be summed up in one sentence. It is wrong to save money at the expense of others. Period” — Amy Dacyczyn

This quote by Amy Dacyczyn seems to be emphasizing that practicing thrift or saving money is not ethical if it directly harms or disadvantages others. Some key points:

• She states it bluntly – “It is wrong to save money at the expense of others.”
• No exceptions or caveats are given – it is simply “wrong,” according to Dacyczyn.
• The quote implies that being frugal, minimizing costs or increasing profits is not acceptable if it comes at the cost of negatively impacting or exploiting other people.
• True thrift involves balancing financial prudence with moral responsibility to ensure savings or profits are not gained through unjust means that disadvantage stakeholders like workers or communities.

Overall, Dacyczyn appears to be conveying that ethics should take precedence over financial considerations. While saving is good, it should not come at the cost of harming or violating the basic rights and interests of other individuals or groups for the benefit of oneself or businesses.

Hendrith Vanlon Smith Jr: Inflation %

Meaning of Hendrith Vanlon Smith Jr. Money Quote: saying One business expense many owners fail to budget is inflation. Hendrith Vanlon Smith Jr. said:
 

 

“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up” — Hendrith Vanlon Smith Jr

Hendrith Vanlon Smith Jr is advising businesses to account for inflation when planning their annual finances and growth. The quote suggests that if inflation is at a rate like 2% in a given year, that effectively means costs across the economy are increasing by 2% on average.

Therefore, Smith argues businesses need to factor this “annual fee” of inflation into their revenue and expense forecasts to ensure income and total assets increase by at least 2% just to maintain the same purchasing power and profitability. If a business does not grow more than the inflation rate, it is effectively losing value and falling behind in real terms.

The overall message is that smart financial planning requires incorporating expected inflation into projections, as rising prices can erode profits if not properly compensated for through revenue growth.

David Cassidy: Get Paid Fortunes

Meaning of David Cassidy Money Quote: saying paparazzi make lots of money for celeb photos and make it all about the money. David Cassidy said:
 

 

“The difference now is that the paparazzi get paid fortunes. That’s what motivates people; it’s about the money, sadly, at anyone’s expense” — David Cassidy

In this quote, David Cassidy is commenting on how paparazzi are now motivated primarily by money to take photos of celebrities, rather than other factors like fame or interest.

He suggests they will go to greater lengths and invade privacy more severely now just to get a lucrative photo, “at anyone’s expense”, meaning without regard for how it impacts the celebrity being photographed.

The “difference now” he refers to is that paparazzi can earn much larger sums of money selling photos to tabloids and magazines than in the past, so their actions are driven more strongly by financial gain than other motivations.

John Adams: Abhor Banking System

John Adams Money Quote saying banking is abhorrent when it’s about profit for bankers rather than the public good. John Adams said:
 

 

“Funds and Banks. I never approved or was Satisfied with our Funding System. It was founded on no consistent Principle. It was contrived to enrich particular Individuals at the public Expence. Our whole banking System I ever abhored, I continue to abhor, and shall die abhorring” — John Adams

In this quote, John Adams is strongly criticizing the early American system of public funding and banking. The best interpretation is:

• Adams states he never supported the “Funding System” and felt it lacked coherent principles, implying it was inconsistently designed and implemented.
• He argues it was a scheme primarily meant to “enrich particular Individuals” through insider privileges, at the “public Expence” or taxpayer cost.
• Adams also harshly disapproved of the entire “banking System” as deeply flawed and abused for private gains. He maintained a lifelong disdain for it as expressed by his intention to “die abhorring” the system.

Overall, the quote conveys Adams’ conviction that the nascent national funding apparatus and banks were vehicles for corruption that prioritized select economic interests over responsible stewardship of public monies. From his perspective, they lacked integrity and justly enriched only a privileged few at the public’s expense according to the disapproving tone of his critique.

Birthday: October 30, 1735 – Death: July 4, 1826

Susan Sontag: War Expenditure

Susan Sontag Money Quote saying no one is expected to see war-making in a realistic light when it comes to cost when it is usually considered an emergency where no expense is spared. Susan Sontag said:
 

 

“War-making is one of the few activities that people are not supposed to view ‘realistically’; that is, with an eye to expense and practical outcome. In all-out war, expenditure is all-out, unprudent—war being defined as an emergency in which no sacrifice is excessive” — Susan Sontag

This quote from Susan Sontag is criticizing how war is viewed and discussed. She argues that when a country engages in war, the costs and practical outcomes are often not considered in a realistic way.

Instead, there is a mentality that no sacrifice is too great during a war, and expenditure of resources is not weighed against potential benefits.

Sontag is suggesting that war should be viewed with more practicality and realism, taking into account the tremendous financial and human costs, rather than adopting an emergency mindset where budgeting and prudence are thrown out the window.

Birthday: January 16, 1933 – Death: December 28, 2004

Thomas Paine: No Peace Cost

Thomas Paine Money Quote saying the cost of peace is nothing and provides advantages to heavy spending to achieve victory. Thomas Paine said:
 

 

“Peace, which costs nothing, is attended with infinitely more advantage than any victory with all its expense” — Thomas Paine

In this quote, Thomas Paine is arguing that peace provides far greater benefits than war, despite the lack of direct costs associated with maintaining peace. His interpretation is that while war requires massive expenditures for arms, soldiers, supplies and more, peace does not demand such financial outlays yet still yields many advantages for a nation.

Paine seems to be suggesting that preserving peace through diplomacy and nonviolent solutions, rather than engaging in warfare, allows nations to avoid heavy burdens while reaping rewards like economic prosperity, security and spared human lives.

The overall message is that Paine views peace as infinitely more valuable than any victory in battle, since it provides immense upside without the tremendous downside of lives and money that always accompany war.

Birthday: February 9, 1737 – Death: June 8, 1809

Kahlil Gibran: Income Expense

Kahlil Gibran Money Quote saying wealth is equivalent to desires when income exceeds expense. Kahlil Gibran said:
 

 

“I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes” — Kahlil Gibran

This quote from Kahlil Gibran suggests that true wealth comes from being content with modest means and living within one’s financial capabilities. By implying that his income exceeds his expenses because his expenses match his simple desires, Gibran means that feeling rich internally comes from cultivating gratitude for what one has rather than constantly craving more.

The quote means that living frugally while focusing on quality of life rather than quantity of possessions allows for a sense of prosperity. It serves as a reminder that true riches are defined by an inner satisfaction rather than an endless pursuit of material gain, and that limiting wants to match one’s earnings is a recipe for financial security and well-being.

Birthday: January 6, 1883 – Death: April 10, 1931

Edmund Burke: Parsimony Expense

Edmund Burke Money Quote saying Being Miserly Does Not Make One Economical or Frugal. Large expenses may be core to being economical. Edmund Burke said:
 

 

“Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy” — Edmund Burke

In this quote, Edmund Burke is making a distinction between mere thriftiness or “parsimony” and true “economy”. He argues that while saving money and avoiding wasteful spending are important principles of economy, large strategic investments and necessary expenses can also be crucial components of sound financial management.

Burke seems to be saying that a policy of strict cost-cutting alone does not necessarily constitute good economy – sometimes substantial outlays are required to achieve greater cost-savings or returns in the long run.

This quote suggests that economy is not just about reducing expenditures, but making balanced choices about where and how much to spend in order to maximize efficient use of resources and minimize costs over the full scope of a project or business.

Birthday: January 12, 1729 – Death: July 9, 1797