No matter how good you are with money, there's always more you can learn about how to build wealth.
Are you ready to expand your financial education? These 15 quotes about money can help steer you down the path to a better financial future.
Steal this billionaire wealth-building technique
The ultra-rich have also been investing in art from big names like Picasso and Bansky for centuries. And it's for a good reason: Contemporary art prices have outpaced the S&P 500 by 136% over the last 27 years.
A new company called Masterworks is now allowing everyday investors to get in on this type of previously-exclusive investment. You can buy a small slice of $1-$30 million paintings from iconic artists, all without needing any art expertise.
If you have at least $10k to invest and are ready to explore diversifying beyond stocks and bonds,see what Masterworks has on offer. (Hurry, they often sell out!)
Warren Buffett
Warren Buffett is widely considered to be the greatest investor of all time. The Oracle of Omaha famously offered this advice for how to grow your wealth: "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."
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James W. Frick
James W. Frick was a long-time administrator at the University of Notre Dame, where he was instrumental in coordinating fundraising campaigns that revolutionized the university’s financial status.
Frick famously made the following observation about money and values: "Don't tell me where your priorities are. Show me where you spend your money and I'll tell you what they are."
Dave Ramsey
Dave Ramsey is one of the foremost financial gurus of our time. His advice on leaving behind a legacy is central to his core principles of reining in debt and decreasing spending.
As Ramsey has said: “Your decisions from today forward will affect not only your life, but also your entire legacy.”
Get a free stock valued between $5 to $200
Secret: You don't need thousands of dollars to buy thousand-dollar stocks or create a diverse portfolio.
Robinhood offers a method of investing called “fractional shares.” On its own, one share of a single stock could cost a lot of money, making it difficult to diversify. Robinhood allows you to buy pieces of stock instead, so you have the option to build a diverse portfolio quickly.
Let’s say you want to invest $250, as an example.
With that amount, you could build a relatively diverse portfolio with an investment of $50 in a big tech stock, $50 in a retail stock, $50 in an energy stock, $50 in a manufacturing stock, and $50 in a bank.1 <p>This content is for informational purposes only, you should not construe any such information as legal, tax, investment, financial, or other advice. </p> <p>To get stock reward, new customers need to sign up, get approved, and link their bank account. Stock rewards shares cannot be sold until 3 trading days after the reward is granted and the cash value of the stock rewards may not be withdrawn for 30 days after the reward is claimed. Stock rewards not claimed within 60 days may expire. See full terms and conditions at <a href="https://robinhood.com/us/en/support/articles/open-account-pick-your-stock/">rbnhd.co/freestock</a>.</p> <p>Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.</p> Robinhood Gold is offered through Robinhood Financial LLC and is a membership offering premium services available for a fee.</p>
Even better news? Add a Robinhood Gold membership, and you’ll get access to 4.25% (as of 11/15/24) APY2 <p>Annual Percentage Yield. Rate valid as of April 12, 2024. To earn interest, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest. Interest rates for cash sweep and margin investing can change at any time. Fees may reduce interest earnings.</p> on your uninvested cash3 <p>Interest is earned on uninvested cash swept from your brokerage account to partner banks. Partner banks pay interest on your swept cash, minus any fees paid to Robinhood. As of Nov 15, 2023, the Annual Percentage Yield (APY) that you will receive is 1.5%, or 5% for Gold customers. The APY might change at any time at the partner banks' or Robinhood's discretion. Additionally, any fees Robinhood receives may vary and are subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks.</p> <p>All investments involve risk and loss of principal is possible.</p> <p>Robinhood Financial LLC (member SIPC), is a registered broker dealer.</p> and the ability to buy and sell stocks 24 hours a day, 5 days a week.
Open and fund a Robinhood account and earn up to $200 in stock
John Maxwell
As an American thought leader, author, and motivational speaker, John Maxwell specializes in corporate leadership rather than finances. But Maxwell knows the two concepts — good money management and strong leadership skills — go hand in hand.
Perhaps that explains why Maxwell’s definition of a budget rings true. Dave Ramsey once used his X (formerly Twitter) account to share this quote from Maxwell: “A budget is telling your money where to go instead of wondering where it went.”
Thomas Edison
A quote attributed to Thomas Edison could help explain why the famous inventor succeeded — financially and otherwise — where others failed: “Opportunity is missed by most people because it is dressed in overalls and looks like work.”
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Benjamin Franklin
Many of today’s most common adages stem from Benjamin Franklin, one of America’s most famous Founding Fathers.
Franklin offers this gem about small things adding up over time: “Beware of little expenses. A small leak will sink a great ship.”
Edmund Burke
Edmund Burke was a famous philosopher and politician who lived in Great Britain during the 18th century.
Burke offered this advice about finances: “If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”
Epictetus
Epictetus was a Greek philosopher and proponent of Stoicism, which preaches that principles of self-control are just as pertinent now as they were thousands of years ago.
Epictetus once said, “Wealth consists not in having great possessions, but in having few wants.”
Steve Jobs
It might surprise you to learn that Steve Jobs didn’t get into the tech world for the money. In fact, Apple’s co-founder once told himself, “I’m not going to let this money ruin my life.”
In 1985, Jobs said the following: “You know, my main reaction to this money thing is that it’s humorous, all the attention to it, because it’s hardly the most insightful or valuable thing that’s happened to me in the past 10 years.”
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This powerful combination checking + savings account from SoFi® allows you to earn up to a $300 bonus with direct deposit and grow your money with up to 4.00% APY.4 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) <b>OR</b> $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at <a href="http://sofi.com/banking">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.</p> <p>SoFi members with Direct Deposit can earn 4.00% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the 4.00% APY for savings (including Vaults). Members without Direct Deposit will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of Dec. 3, 2024. There is no minimum balance requirement. Additional information can be found at <a href="http://www.sofi.com/legal/banking-rate-sheet">http://www.sofi.com/legal/banking-rate-sheet</a></p>
This is one of the top accounts we’ve seen, and offers like this can be rare. You work hard, and now it’s time to make your money work for you — with SoFi, you can grow your money with hardly any effort!
SoFi has no account or overdraft fees5 <p>Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with direct deposits of $1,000 or more during the current 30-day Evaluation Period as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the "Start Date" and "End Date" set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the "30-Day Evaluation Period"). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.<br></p> and additional FDIC insurance up to $2 million on deposits is available through a seamless network of participating banks.6 <p>We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a></p> 7 <p><b>SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $2M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/terms">SoFi.com/banking/fdic/terms</a> See list of participating banks at <a href="http://sofi.com/banking/fdic/receivingbanks">SoFi.com/banking/fdic/receivingbanks</a></b></p> Plus, you can receive your paycheck up to 2 days early.8 <p>Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.</p>
How to earn up to $300: Sign up and make a direct deposit within the first 25 calendar days of the promotional period, then collect a $300 cash bonus with a direct deposit of $5,000 or more.
SoFi is a Member, FDIC. 7 <p><b>SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $2M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/terms">SoFi.com/banking/fdic/terms</a> See list of participating banks at <a href="http://sofi.com/banking/fdic/receivingbanks">SoFi.com/banking/fdic/receivingbanks</a></b></p>
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Nathan W. Morris
It shouldn’t come as a shock that Nathan Morris, the author of “Your 33 Day Money Action Plan: How to Get Out of Debt,” offers excellent advice about controlling your spending.
According to Morris: “Every time you borrow money, you're robbing your future self.”
P.T. Barnum
P.T. Barnum was more than a successful showman. He also wrote a book called “The Art of Money Getting,” where he offers financial wisdom.
Here is one of Barnum’s nuggets of advice: “Money is, in some respects, like fire: It is a very excellent servant, but a terrible master.”
Robert Kiyosaki
Robert Kiyosaki is the acclaimed author of “Rich Dad, Poor Dad” and other financial books.
He says this about ensuring your wealth lasts: “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”
George Soros
Like Warren Buffett, George Soros is a well-known investor, billionaire, and philanthropist.
Soros offers some straightforward advice about how to become a standout investor: “I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.”
Jeff Bezos
Jeff Bezos built one of the most successful, disruptive businesses of all time: Amazon. How did he do it?
According to Bezos, the key to success is spending wisely — and as little as possible: "I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out."
Amancio Ortega
Amancio Ortega is a Spanish businessman and billionaire. Despite being one of the richest people in the world, he doesn’t rest on his laurels.
Ortega once said the following: "Complacency is the worst. I never allow myself to be content with what I have done, and I always tried to instill this in everyone around me."
Bottom line
Following the advice of successful entrepreneurs and other money masters is a great way to get started building your own financial legacy.
With some luck and a lot of hard work, you can get ahead financially — and you might find yourself in a position to offer some financial advice of your own.
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FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
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