Warren Buffett: Risking Needed Money

Meaning of Warren Buffett Money Quote: saying people don’t care about and don’t really need much of what they work very hard for – that’s nuts. Warren Buffett said:
 

 

“To make money they didn’t have and didn’t need, they risked what they did have and did need, and that’s foolish. That is just plain foolish.” — Warren Buffett

In this quote, Warren Buffett is criticizing people who take unnecessary risks to make money that they do not truly need. He is saying that it is foolish for people to gamble assets or resources that they do have and do need (like their savings, retirement funds, or home) in order to pursue profits that are not essential.

By risking what they cannot afford to lose for gains that are not really necessary, Buffett believes people are acting irrationally and putting themselves in a vulnerable position. The key message is that it is imprudent to jeopardize one’s financial security or necessities just for the sake of extra profits that are not really required.

Robert A. Heinlein: Daughters Spend More

Robert A. Heinlein Money Quotation saying girls can spend more of their father’s money than he can afford. Robert A. Heinlein said:
 

 

“Daughters can spend ten percent more than a man can make in any usual occupation” — Robert A. Heinlein

In this quote, Robert A. Heinlein seems to be making a humorous observation about the financial demands that daughters can place on their fathers. By stating that daughters can spend 10% more than what a man can earn through typical work, Heinlein is exaggerating for comedic effect about daughters’ ability to spend beyond even a good salary.

The quote playfully suggests that daughters may have expensive tastes or priorities that outpace a father’s income no matter his occupation. Overall, Heinlein appears to be using ironic understatement and generalization for humorous purposes rather than making a serious claim. The tone seems to be one of affectionate jest rather than criticism regarding family dynamics and budgets.

Birthday: July 7, 1907 – Death: May 8, 1988

Gary Ryan Blair on Spending Character

Gary Ryan Blair Money Quotation saying what you do with your money illustrates your values. Gary Ryan Blair said:
 

 

“Your treatment of and respect for money, how you make it, and how you spend it, reflect your character” — Gary Ryan Blair

In this quote, author and speaker Gary Ryan Blair seems to be suggesting that how a person handles money reveals aspects of their personality and moral character. He argues that the ways one earns, views, and allocates financial resources can provide insight into someone’s values.

Blair appears to believe that how respectfully, honestly and conscientiously one makes and spends money reflects traits like work ethic, integrity, generosity and responsibility.

The quote conveys Blair’s perspective that monetary decisions and behavior are not neutral or superficial, but rather mirror deeper qualities of character. He implies that the treatment of wealth can serve as a window into someone’s priorities, principles and nature.

Sara Blakely on Fun of Make, Spend & Give Away

Sara Blakely Money Quotation saying everyone would love to be able to have fun the way she describes – if they are nice. Sara Blakely said:
 

 

“Money is fun to make, fun to spend and fun to give away”– Sara Blakely

In this quote, Sara Blakely is expressing her view that money can be enjoyable to obtain, use, and share with others. By describing earning, spending, and donating money as all “fun,” Blakely suggests that financial prosperity need not be taken too seriously and can be approached with levity when balanced properly.

The quote conveys Blakely’s perspective that money is best enjoyed when it facilitates experiences, brings happiness to oneself and others, and flows freely rather than being hoarded or a source of stress. She appears to believe that developing, using, and giving away wealth can all be personally fulfilling activities rather than just serious responsibilities if one maintains the right mindset.

John Wesley: Savings & Giving

John Wesley Money Quotation saying do all that is possible to earn as much as possible, sock away as much as we can and generously donate a lot. John Wesley said:
 

 

“Make all you can, save all you can, give all you can” — John Wesley

John Wesley seems to be offering a philosophy or set of principles for financial responsibility and stewardship. The quote suggests one should aim to:

• “Make all you can” – Earn or generate as much income and wealth as possible through diligent work and entrepreneurial efforts.
• “Save all you can” – Be prudent by putting away and preserving as much of what you earn as feasible, rather than spending it all immediately.
• “Give all you can” – Once basic needs are met and savings secured, use surplus resources generously to help others through charitable giving according to one’s means

The message conveys a balanced approach of industriousness, thriftiness and generosity. Wesley appears to be advising maximizing earnings while also maintaining self-sufficiency through savings as a foundation for then maximizing contributions to social and community well-being through philanthropy.

Birthday: June 28, 1703 – Death March 2, 1791