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"The value of money is subjective, depending on age. At the age of one, one multiplies the actual sum by 145,000, making one pound seem like 145,000 pounds to a one-year-old. At seven " Bertie's age " the multiplier is 24, so that five pounds seems like 120 pounds. At the age of twenty four, five pounds is five pounds; at forty five it is divided by 5, so that it seems like one pound and one pound seems like twenty pence. (All figures courtesy of Scottish Government Advice Leaflet: Handling your Money.)"
"As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system."
"Thirty to 40 years ago, most financial decisions were fairly simple."
"Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!"
"The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe."
Explore more quotes by Ziad K. Abdelnour
"I'm strong because I know my weaknesses. I'm wise because I've been foolish. I laugh because I've known sadness."
"The best investors are visionaries-they look beyond the present. By the same token, vision remains vision until you focus, do the work, and bring it down to earth where it will do some good."
"Never measure or compare yourself to anyone other than your past self, seek to always improve & you'll be happy and successful."
"No matter how many mistakes you make or how slow you progress, you are still way ahead of everyone who isn't trying."
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