ELSI Money QUOTE OF THE DAY

  What determines your wealth is not how much you make but how much you keep of what you make.  ―David Bach According to David Bach, author of Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams, you can make all the money you have ever imagined…but if you can’t save

  A man who does not plan long ahead will find trouble right at his door.  – Confucius   Even according to Confucius, in ancient times, planning ahead was extremely important! You never know when something unfortunate could happen. The takeaway: Prepare for the unknown by saving money for a rainy day. –Chime  Confucius was a Chinese

Make sure you have financial intelligence… I don’t care if you have money or you don’t have money… you need to go and study finance no matter what. – Daymond John You don’t have to be a financial analyst in order to understand the basics of finance. And this quote from entrepreneur Daymond John proves

  Frugality includes all the other virtues. –Cicero An accomplished poet, philosopher, rhetorician, and humorist, Marcus Tullius Cicero (106 BC- 43 BC) was also the greatest forensic orator Rome ever produced. To Cicero, service to the res publica (literally, “the public affair”) was a Roman citizen’s highest duty. –Google Books

There is nothing so degrading as the constant anxiety about one’s means of livelihood. I have nothing but contempt for the people who despise money. They are hypocrites or fools. Money is like a sixth sense without which you cannot make a complete use of the other five. Without an adequate income half the possibilities

              Beware of little expenses; a small leak will sink a great ship. –Benjamin Franklin This piece of advice from one of America’s wisest founding fathers points out how it doesn’t take much to derail (pardon the mixed train and ship metaphors) a budget and, ultimately, your financial goals.

  For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs. –1 Timothy 6:10   Note: Contrary to most people’s belief, this verse does NOT say, “… the love of money is the root of ALL

It’s OK to have your eggs in one basket, as long as you control what happens to that basket. -Elon Musk – “Entrepreneur of the Year” Interview with Inc. Magazine in 2007 Elon Reeve Musk (born June 28, 1971), is a businessman and investor. He is the founder, chairman, CEO, and CTO of SpaceX; angel investor,

Editor’s Note: I came across this quote again by Roy T. Bennett while selecting today’s QUOTE OF THE DAY. We have posted it before, but I thought it was so impactful that it was worth repeating today. –John Lebeau It’s good to have money and the things that money can buy, but it’s good, too,