Harvey Mackay: Being Rich – State of Mind

Harvey Mackay Money Quotation saying in a commencement address to MBA graduates at Penn State University that wealth comes from simple pleasures and not from dollars. Harvey Mackay said:
 

 

“Being rich isn’t about money. Being rich is a state of mind. Some of us, no matter how much money we have, will never be free enough to take time to stop and eat the heart of the watermelon. And some of us will be rich without ever being more than a paycheck ahead of the game” — Harvey Mackay

This quote from Harvey Mackay suggests that true wealth or richness is about one’s mindset and ability to enjoy life, not just one’s monetary resources.

While some people with money are too stressed or preoccupied to stop and appreciate simple pleasures like eating watermelon, others can feel rich through having a grateful, present-oriented perspective even if they are not financially well-off.

The quote implies it’s better to focus on cultivating an attitude of abundance, appreciation for life’s moments, and prioritizing experiences over possessions. A “state of mind” that finds richness in everyday things can help a person feel wealthy regardless of their financial situation.

Overall, the message seems to be that true enjoyment comes from embracing life fully in each moment rather than constantly chasing more money or status.

Harvey MacKay on Cost of Experience

Funny Money Quotes: Exchanging cash for experience and experience with cash is common in business. Harvey MacKay said:
 

 

“When a person with money meets a person with experience, the person with the experience winds up with the money and the person with the money winds up with the experience” — Harvey MacKay

This quote suggests that experienced people are often able to get the better of those who are wealthy but lack experience or wisdom. The person with money may think their assets give them power, but the experienced individual knows how to strategically gain the upper hand through their knowledge and savvy.

By the end of the interaction or business deal, the person who started with money walks away having learned some lessons, while the experienced person has profited financially.

So in summary, the quote implies that in many situations, street smarts and a depth of experience can outweigh the advantage of simply having a lot of money, at least in the short term. Experience is a type of wealth that should not be underestimated.

Harvey Mackay: Accountants & Losing Kids

Harvey Mackay Money Quotation saying accountants can be worth far more to us than their cost suggests – if they act as advocates for maximum value. Harvey Mackay said:
 

 

“Day in and day out, your tax accountant can make or lose you more money than any single person in your life, with the possible exception of your kids” — Harvey Mackay

This quote from Harvey Mackay emphasizes the important role that tax accountants and tax planning can play in a person’s financial situation. By properly structuring one’s finances and filing taxes strategically, a skilled tax accountant has the potential to significantly reduce a taxpayer’s tax burden and put more money back in their pocket.

According to Mackay, this savings on taxes each year, compounded over time through investments and business decisions, can greatly impact a person’s net worth. So in that sense, a competent tax professional who finds legal ways to minimize obligations could financially benefit their clients more than perhaps any other single advisor or individual.

The quote suggests carefully managing one’s tax situation deserves close attention equal to other important financial matters.