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Sunday, August 28, 2011

The 15 Best Budget, Economic, and Retirement Financial Quotes

Quotes are a great way to learn a concept in a quick and dirty way. There is a lot a wisdom in quotes and their fun too. I have listed 15 quotes from 3 interesting subjects.

Budgets

The basic foundation of personal finance is the budget. Like Dave Ramsey says, " If you don't tell money where to go, it will just leave." Budgeting is the the hardest thing to do when you are just getting started and if you want to win in the money game, it's a skill you need to learn.

"Some couples go over their budgets very carefully every month; others just go over them."
-Sally Poplin

"A budget is just a method of worrying before you spend money, as well as afterward."
-Unknown

A budget tells us what we can't afford, but it doesn't keep us from buying it.
-William Feather

The amount of money you have has got nothing to do with what you earn. People earning a million dollars a year can have no money. People earning $35,000 a year can be quite well off. It's not what you earn, it's what you spend.
- Paul Clitheroe

Never spend your money before you have it.
- Thomas Jefferson


Economists

Another of my favorite financial subjects are economists. I have to admit that I admire these guys, you have to be very smart to understand all those theories and laws. Yet there is still disagreement by economists in differing theories. The fight between the Keynes theory and the Hayek theory of economics goes on. All the stimulus we are currently living with today comes from the Keynes theory of economics. Maybe we should try Hayek's theory?

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
-Laurence J. Peter

An economist's guess is liable to be as good as anybody else's.
-Will Rogers

Ask five economists and you'll get five different answers - six if one went to Harvard.
-Edgar R. Fiedler

Definition of a Statistician: A man who believes figures don't lie, but admits than under analysis some of them won't stand up either.
-Evan Esar

If all the economists were laid end to end, they'd never reach a conclusion.
-George Bernard Shaw


Retirement

This is both my favorite subject and goal. Retirement is a two part process. First the accumulation of retirement funds and assets. This part takes up the better part of our lives. Followed by the retirement part that fills hopefully the latter third of our life if we are lucky. It's like a house you take 50 years to build and that you have to live in another 25 years. The problem is you don't know if you did a good job until it's to late.

Don't simply retire from something; have something to retire to.
-Harry Emerson Fosdick

Retirement is wonderful if you have two essentials — much to live on and much to live for. – Author Unknown

Retirement means doing whatever I want to do. It means choice. 
Dianne Nahirny

When a man retires, his wife gets twice the husband but only half the income.
Chi Chi Rodriguez

Retirement is wonderful if you have two essentials — much to live on and much to live for. – Author Unknown

1 comment:

  1. One of my favorites (but I forget who said it) is--- economists exist to make weather forecasters look good.

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