Quotes & Sayings About Managing Your Money

Discipline allows you to trade effectively. You can take your ego out of it. You can go wrong 60, 70% of the time and still make a lot of money. If you ignore the discipline of managing risk, you have to be right 80% of the time or more, and I don't know anyone who's that good. — Larry Rosenberg

The goals you set for yourself and the strategies you choose become your blueprint or plan. Strategies are like recipes: choose the right ingredients, mix them in the correct proportions, and you will always produce the same predictable results: in this case financial success. The success strategies for managing money and building wealth are called Money Strategies. By learning to use money strategies as a part of your day-to-day life, financial frustration and failure will become a thing of the past. — Charles J. Givens

I am responsible for managing more schoolteachers' and firemen's money than anybody in the world. That's an enormous responsibility. — Laurence D. Fink

No one in his right mind would walk into the cockpit of an airplane and try to fly it, or into an operating theater and open a belly. And yet they think nothing of managing their retirement assets. I've done all three, and I'm here to tell you that managing money is, in its most critical elements even more demanding than the first two. — William J. Bernstein

First, with regard to managing relationships within an oikos, both parables point to exemplary managers as independent moral agents, enacting values that challenge conventional oikos relationships. The parable of the shrewd manager affirms the manager who acts as a countercultural moral agent by unilaterally redistributing his master's wealth, and the parable of the ten pounds affirms the manager who counters his master's wishes by refusing to exploitatively use money to make more money. — Bruno Dyck

The most important asset you need to protect in order to manage the demands of a job or an investment portfolio is your production of energy. And, just like with money, if you do a great job managing your energy, you'll get a great return. — Jim Loehr

We now know, as a few knew then, that the depression was not produced by a failure of private enterprise, but rather by a failure of government in an area in which the government had from the first been assigned responsibility - -"To coin money, regulate the Value thereof, and of foreign Coin," in the words of Section 8, Article 1, of the U.S. Constitution. Unfortunately, as we shall see in Chapter 9, government failure in managing money is not merely a historical curiosity but continues to be a present-day reality. — Milton Friedman

A day should be your controlling and managing factor — Sunday Adelaja

I used to work for an SOE. The wealth I created didn't belong to me. In other words, I was only managing money for the country and the people. — Wang Shi

[M]any females would, even assuming complete economic equality between the sexes, prefer residing with males or peddling their asses on the street, thereby having most of their time for themselves, to spending many hours of their days doing boring, stultifying, non-creative work for somebody else, functioning as less than animals, as machines, or, at best - if able to get a "good" job - co-managing the shitpile. What will liberate women, therefore, from male control is the total elimination of the money-work system, not the attainment of economic equality with men within it. — Valerie Solanas

Mutual funds dare to be average. In fact, they dare to be lousy. They have long since ceased striving for anything resembling perfection when it comes to managing your money. — Gary Weiss

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

Between 1990 and 2005, a new prison opened in the United States every ten days. Prison growth and the resulting "prison-industrial complex" - the business interests that capitalize on prison construction - made imprisonment so profitable that millions of dollars were spent lobbying state legislators to keep expanding the use of incarceration to respond to just about any problem. Incarceration became the answer to everything - health care problems like drug addiction, poverty that had led someone to write a bad check, child behavioral disorders, managing the mentally disabled poor, even immigration issues generated responses from legislators that involved sending people to prison. Never before had so much lobbying money been spent to expand America's prison population, block sentencing reforms, create new crime categories, and sustain the fear and anger that fuel mass incarceration than during the last twenty-five years in the United States. — Bryan Stevenson

And if we make the process political, if we start to make it personal, we're actually going to frustrate good public policy, in terms of managing this money. — Michael Chertoff

Becoming wealthy is not a matter of how much you earn, who your parents are, or what you do.. it is a matter of managing your money properly. — Noel Whittaker

You must acquire the habits and skills of managing a small amount of money before you can have a large amount. Remember, we are creatures of habit and, therefore, the habit of managing your money is more important than the amount. — T. Harv Eker

Being my own boss and working inside an industry that's not really an industry, I need to keep busy and keep working. The only way to make money in music - unless you're managing someone - is to tour, and even that depends on where you are at. — Kyp Malone

The summit, which is set up to educate people about managing their money and protecting their income, leads to empowerment of self, for which this summit needs to be applauded. — Bill Cosby

I could not help but marvel at the way in which the military had got stuck into trying to improve the lives of the Kirkukis. They were identifying priority projects in the province, tendering out work to local contractors, and managing large amounts of money. Tank commanders were working on economic development, paratroopers on governance, civil affairs officers on education. They were totally dedicated to the task at hand. — Emma Sky

I think you have to work with people, and when I talk about managing relationships, don't think the derogatory 'managed relationships'. It is a question of sharing emotion and feelings. The common denominator of everything can't be money, and it should not be money. — Anil Ambani

John Maxwell says a budget (for your money) is telling your money where to go instead of wondering where it went. Managing time is the same; you will either tell your day what to do or you will wonder where it went. — Dave Ramsey

You know, I think when people are in important positions in big organizations, they often get tied up with the minutia of managing money, managing things. They often forget that people deserve to be led. — Chesley Sullenberger

There's a lot of research on the shift in who deals with money when families get in trouble. In good times, husbands handle the family's finances about 80 percent of the time. But when times turn sour and families start dealing with creditors and managing unpayable bills, women take more active roles. — Elizabeth Warren

Saying "I'll start managing my money as soon as I get caught up" is like an overweight person saying "I'll start exercising and dieting as soon as I lose twenty pounds." — T. Harv Eker

There is today a division of labor between the elite and the masses. In medieval Europe aristocrats spent their money carelessly on extravagant luxuries whereas peasants lived frugally minding every penny. Today the tables have turned. The rich take great care managing their assets and investments, while the less well-heeled go into debt buying cars and televisions they don't really need. — Yuval Noah Harari

For 30 years I've been responsible for managing client money, and it's been a joy, but at some point I need to move on. Thirty years is enough. — Stanley Druckenmiller

You see, we need instruction on how to possess money without being possessed by money. We need help to learn how to own things without treasuring them. We need the discipline that will allow us to live simply while managing great wealth and power. — Richard J. Foster

Money will never buy happiness, but managing your money well can provide the peace of mind that will allow you to focus your family on what matters most. — Devin D. Thorpe

Managing your money does not depend upon becoming wealthy or declaring vows of poverty. Rather, it is about creating stability and sufficiency - a balanced flow of monetary energy through your life. — Dan Millman

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. — George Soros

In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well-heeled go into debt buying cars and — Yuval Noah Harari

If I was managing Chelsea, people wouldn't be saying Paul Jewell was a nice guy, they would be saying I had too much money to spend. On balance, I would quite like it at the end of the season if people don't like us. — Paul Jewell