Interest On Savings Quotes & Sayings

Too often, we make budget cuts - then blow the savings. Instead, think about your financial picture. Do you have high-interest rate debt? Paying it off faster will save you a bundle. — Jean Chatzky

What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India. — Uday Kotak

A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment. — Doug Henwood

By abolishing private property one takes away the human love of aggression. — Sigmund Freud

I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting. — Steve Jobs

Citing both the Buddha and Aristotle, Sachs makes the case for a "middle path," a path of moderation and balance between work and non-work (what he calls, quaintly in this day and age, "leisure"), savings and consumption, self-interest and compassion, individualism and citizenship. — Jon Kabat-Zinn

Most savings rates are based on underlying interest rates. — Martin Lewis

Do I hear a challenge?" she whispers, "Oh, Carlos. You know I can't resist a challenge. — Simone Elkeles

Looked for meaning in every word while men just stared at boobs. Maybe she should content herself to staring at their butts and call it a day. — Katie Graykowski

As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it. — Kiran Mazumdar-Shaw

If money management isn't something you enjoy, consider my perspective. I look at managing my money as if it were a part-time job. The time you spend monitoring your finances will pay off. You can make real money by cutting expenses and earning more interest on savings and investments. I'd challenge you to find a part-time job where you could potentially earn as much money for just an hour or two of your time. — Laura D. Adams

War does not answer war, war does not finish war. The only ending is peace. — Philippa Gregory

I told my kids when they were little, 'Look, kids, your mother and I are screwing you up somehow. We don't understand how, or we wouldn't do it. But we're parents. So somehow we're damaging you, and I want you to know that early. So just ignore me when I go to that part of my parenting.' — Pat Conroy

Some of the structural drivers of inflation have also weakened. Trade unions have become less powerful. Loss-making state industries have been privatized. But, perhaps most importantly of all, the social constituency with an interest in positive real returns on bonds has grown. In the developed world a rising share of wealth is held in the form of private pension funds and other savings institutions that are required, or at least expected, to hold a high proportion of their assets in the form of government bonds and other fixed income securities. In 2007 a survey of pension funds in eleven major economies revealed that bonds accounted for more than a quarter of their assets, substantially lower than in past decades, but still a substantial share.71 With every passing year, the proportion of the population living off the income from such funds goes up, as the share of retirees increases. — Niall Ferguson

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes. — Alan Greenspan

Anything that we can do to raise personal savings is very much in the interest of this country. — Alan Greenspan

Love
that divine fire which was made to light and warm the temple of home
sometimes burns at unholy altars. — Horace Mann

The job of the financial journalist was to examine the sharks who created interest crises and speculated away the savings of small investors, to scrutinize company boards with the same merciless zeal. — Stieg Larsson

Invest your money in Dada! Dada is the only savings bank that pays interest in the hereafter! — Kurt Schwitters

Deep down I believe my year was a special year: it produced me. — Ned Vizzini

Simply calling your credit card issuer and asking them to lower your interest rate may yield immediate savings. — Jean Chatzky

There is a new wave of interest in exploring how to frame choices so that people make better decisions. Richard Thaler and Cass Sunstein, professors of economics and law, respectively, teamed up to write Nudge: Improving Decisions About Health, Wealth, and Happiness, which advocates using defaults to nudge us to make better choices.9 Even when we are choosing in our own interests, we often choose unwisely. When employees have the option of participating in a retirement-savings scheme, many do not, despite the financial advantages of doing so. If their employer instead automatically enrolls them, giving them the choice of opting out, participation jumps dramatically — Peter Singer

People love smooth talk, especially chicks. They like to be sold on things, like to think there's something better they can have that will make their little lives more complete. — A.D. Aliwat

Mint's business model became, 'We'll go for free, and then we'll find these savings opportunities for you.' You know, better interest rate on your credit cards, when should you consolidate your student loans, when does it mathematically make sense to refinance your mortgage, and Mint figures all that stuff out for you. — Aaron Patzer

Life gives you what you create ... not what you deserve. — Vivian Amis

At a time of recession, when there is a mounting glut of labour and uninvested savings, a reduction in wages and interest rates does not help. In fact, it deepens the recession. — Yanis Varoufakis

And Anatole, with the partiality dull-witted people have for any conclusion they have reached by their own reasoning, repeated the argument he had already put to Dolokhov a hundred times. — Leo Tolstoy

Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest was to figure out how to solve problems I see in front of me. That's why I looked at the poverty issue. I got involved in lots of things to address it, and one of them was money lending with loans and credits and savings accounts, and in the process I created Grameen Bank. So you can also have social objectives. Ask yourself these questions: Who are you? What kind of world do you want? — Muhammad Yunus

Faith is like private capital, stored in one's own house. It is like a public savings bank or loan office, from which individuals receive assistance in their days of need; but here the creditor quietly takes his interest for himself. — Johann Wolfgang Von Goethe

Avoid greed and fear. These are the investor's Achilles heels. Keeping all your money in the bank earning 3% interest is just as foolish as dumping your entire savings into the market thinking you'll make a quick buck. — Nancy Dunnan

Laying underneath the stars Can be so much fun Especially when you're feeling good When you're with the one you love. — Van Morrison

My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit. — Cliff Stearns

For millions of people, "wealth" amounts to little more than a few weeks' wages in a checking account or low-interest savings account, a car, and a few pieces of furniture. The inescapable reality is this: wealth is so concentrated that a large segment of society is virtually unaware of its existence, so that some people imagine that it belongs to surreal or mysterious entities. That is why it is so essential to study capital and its distribution in a methodical, systematic way. — Thomas Piketty

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. — Ron Paul

Minimum wage laws appear to give low-income workers something for nothing - and appearances are what count in politics. Realities can be left to others, so long as appearances get votes. — Thomas Sowell

For individuals whose only capital is a small balance in a checking account, the return is negative, because such balances yield no interest and are eaten away by inflation. Savings accounts often yield little more than the inflation rate. — Thomas Piketty

Before Volcker's speech, bonds had been conservative investments, into which investors put their savings when they didn't fancy a gamble in the stock market. After Volcker's speech, bonds became objects of speculation, a means of creating wealth rather than merely storing it. — Michael Lewis