15 Money Quotes From Famous Financial Experts To Live By

NEWS & TRENDING - MONEY NEWS
Transform your relationship with money with insights from the greatest minds.
Updated May 2, 2024
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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.

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Warren Buffett

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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

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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

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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.”

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John Maxwell

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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

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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.”

Benjamin Franklin

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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

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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

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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

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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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Nathan W. Morris

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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

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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

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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

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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

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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

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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

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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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Author Details

Michelle Smith Michelle Smith has spent a decade writing for and about small businesses. She specializes in all things finance and has written for publications like G2 and SmallBizDaily. When she's not writing for work at her desk, you can usually find her writing for pleasure near large bodies of water.

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