
If you are a certain age, you might have carried a Franklin Day Planner with you to meetings like I did. Before Smartphones, these zippered, leather-backed, “monarch-sized” portfolios were essential to MegaCorp life.
I would get to work early and dutifully plot out my objectives for the day. I especially enjoyed seeing the daily quote that accompanied each page. How long ago that seems now!
Recently, I came across a forum thread where early retirement devotees shared their favorite financial quotes. Here are 31 to start each of your days over the next month …
INVESTING
- Making money is a skill, maintaining money is a discipline, multiplying money is an art
- Don’t step over dollars to pick up dimes
- Pigs get fat, hogs get slaughtered
- The safest way to double your money is to fold it over and put it in your pocket.
- When the VIX is high, you buy
- Failing to plan is a plan to fail
- To let the roses grow, cut the weeds
- The four most expensive words in the English language are ‘This time it’s different.’
SAVING
- Pay yourself first
- It’s not how much money you make, it’s how much you save
- Don’t save what is left after spending, but spend what is left after saving
- You cannot borrow yourself to prosperity (repeated here from my signature)
SPENDING
- Penny wise, pound foolish
- You can either look rich or be rich. It takes a lot of money to do both.
- A fool and his money are soon parted.
- It is very easy to spend other people’s money
- Whoever says money can’t buy happiness doesn’t know where to shop.
TIME
- All your money won’t another minute buy
- Time is your friend. Impulse is your enemy
- The best thing money can buy is financial freedom
- You can always make money, but you can’t make time
- Retire when have enough, and when you’ve had enough
LIVING
- If you marry for money, you will earn every cent
- Couples don’t argue about money, they argue about lack of money
- If you want to find a man’s true character, get money involved
- If you want to know why, just follow the money
- Don’t get your honey where you get your money
MISCELLANEOUS
- It’s not a problem if money can solve it.
- True wealth is your health
- The check is in the mail!
- I never been in no situation where having money made it worse.
It’s a pretty good list. Some old gems and funny sayings. I would add my Dad’s saying, “In retirement, your job is taking care of your health.”
What would you add to the list?
Image: Pixabay
I was a Day-Timer guy myself. Some ways, I think we were more productive in the old days. When I started, I had a secretary. She could bang our letters for me at a much cheaper price point and her spelling and grammar were better than mine. She could write what I meant instead of what I dictated. Today’s programs and spreadsheets can sometimes give one a false sense that you can do more than you can do. Many programs (insert name of ERP) often require perfect information for situations where perfect information doesn’t exist. The gist of Franklin and Day-Timers were keeping you focused on what was important.
My two favorites from you list are “The best thing money can buy is financial freedom” and your Dad’s sage advice about your job in retirement is staying “Fit and Healthy.”
Here are a few of my favorite sayings that describe the psychological aspects of investing and spending. Warren Buffett, “You find out who isn’t wearing a swimsuit when the tide goes out.” Benjamin Graham and David Dodd, “In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine.” Sir John Templeton, “To be a good investor, you need to be in the business of helping people. When people desperately want to sell stock, you help them by buying. When people desperately want to buy stock, you help them by selling.” Mayer Rothschild, “Buy at the sound of cannons. Sell at the sound of trumpets.”
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