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Finance Quotes
"Better give a shilling than lend and lose half a crown."
"A Penny Saved is a Penny Earned."
"Depreciation of money can benefit debtors only when it is unforeseen. If inflationary measures and a reduction of the value of money are expected, then those who lend money will demand higher interest in order to compensate their probable loss of capital, and those who seek loans will be prepared to pay the higher interest because they have a prospect of gaining on capital account."
"Money is a very beautiful blessing until it gets in the wrong hands."
"Creditors have better memories than debtors."
"Misers makes money their lord, but the spenders makes it their slaves and servants."
"All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists."
"What is called storing money is a way of using wealth. The uncertainty of the future makes it seem advisable to hold a larger or smaller part of one's possessions in a form that will facilitate a change from one way of using wealth to another, or transition from the ownership of one good to that of another, in order to preserve the opportunity of being able without difficulty to satisfy urgent demands that may possibly arise in the future for goods that will have to be obtained by way of exchange."
"If you would know the value of money, go and try to borrow some."
"Our debts don't leave us much in terms of choices. We can choose to pay now or try to pay later. But the longer we wait the steeper the bill."
"Every separate economic agent maintains a stock of money that corresponds to the extent and intensity with which he is able to express his demand for it in the market. If the objective exchange-value of all the stocks of money in the world could be instantaneously and in equal proportion increased or decreased, if all at once the money-prices of all goods and services could rise or fall uniformly, the relative wealth of individual economic agents would not be affected. Subsequent monetary calculation would be in larger or smaller figures; that is all."
"Riches will come when you follow Cosmic Ordering."
"Do you have to regret spending money when you earn money? And when it is time to spend, you should be strong that you got the opportunity to pay off your debt. Income is one's responsibility and expense is the means to clear off the responsibility."
"If you solely focus only on financial survival then that is where you will always be."
"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."
"But, in truth, it had not exactly been gold, or even the promise of gold, but more like the fantasy of gold, the fairy dream that the gold is there, at the end of the rainbow, and will continue to be there forever - provided, naturally, that you don't go and look. This is known as finance."
"NEVER accept "conventional wisdom" when it comes to finance. If others keep failing, why do you want to follow them?"
"When the value of money is increased, then those are enriched who at the time possess credit money or claims to credit money. Their enrichment must be paid for by debtors, among them the State (i.e., the tax-payers). Yet those who are enriched by the increase in the value of money are not the same as those who were injured by the depreciation of money in the course of the inflation; and those who must bear the cost of the policy of raising the value of money are not the same as those who benefited by its depreciation. To carry out a deflationary policy is not to do away with the consequences of inflation. You cannot make good an old breach of the law by committing a new one."
"Do you want to retire early rich or retire late poor? Cosmic Ordering answers the first question!"
"I believe Money is too important to leave in the hands of government officials."
"Make your money on the buy, not the sell; this is true in any investment whether it's real estate, business, or the stock market."
"I don't know which I hate most my bills or the money I pay them with..."
"He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary."
"Silver surfers ... nah, that's old hat. Retire a gold surfer with Cosmic Ordering."
"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."
"Money is a compensation for time spent."
"Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent."
"Money is like muck - not good unless it be spread."
"You have to see every unit of currency that passes through your hands as a seed to your financial future."
"If the objective exchange-value of money must always be linked with a pre-existing market exchange-ratio between money and other economic goods (since otherwise individuals would not be in a position to estimate the value of the money), it follows that an object cannot be used as money unless, at the moment when its use as money begins, it already possesses an objective exchange-value based on some other use."
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