Posts Tagged ‘roger babson’
Roger Babson: Purchasing Power
on Thursday, January 14, 2021Roger Babson Money Quote saying money may lose value but human qualities that matter most will always have value. Roger Babson said:
“Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgment will always be in demand under all conditions” — Roger Babson
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In this quote, Roger Babson is contrasting tangible assets that can fluctuate over time, like property and money, with intangible qualities that tend to retain their value regardless of external conditions. He notes that while property may be damaged and currency’s buying power may decline, characteristics like good character, health, knowledge and judgment will always be valuable “under all conditions.”
Babson appears to be arguing that developing strong character and investing in self-improvement through education and the cultivation of wisdom are sounder long-term investments than physical possessions or wealth, as they cannot easily be taken away and will serve people well through changing economic climates or life circumstances.
Overall, the quote conveys Babson’s perspective that inner qualities should take precedence over outer wealth as a means of building security and prosperity.
Birthday: July 6, 1875 – Death: March 5, 1967
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