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Writer's pictureMatthew Boersen, CFP®, CFA

6 Simple Quotes That Will Give You the Right Mindset About Money

Updated: Aug 16, 2023

A good quote can make you think.


A great quote will stay with you and inspire you to better action. Here are 6 of my favorite quotes that help me keep a better view of money.👇


"(For investing) try to be greedy when others are fearful. And you try to be fearful when others are greedy." - Warren Buffett


Individuals base investing decisions more on emotion than logic. And when your emotions are driven by "the herd," the outcomes are typically even worse.


"Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one."-Benjamin Franklin


The more money you have, the more the pressure rises. When your spending always matches your income, you will always "need" more.


"If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed." - Edmund Burke


True wealth isn't determined by the amount of money. It's a matter of how you let money control you.


"Winning at money is 80 percent behavior and 20 percent head knowledge. What to do isn’t the problem; doing it is. Most of us know what to do, but we just don’t do it."-Dave Ramsey


Money is more about behavior than in-depth knowledge. Unfortunately, mastering behaviors is hard.


"Money is a terrible master but an excellent servant."- PT Barnum

When money drives the decisions you make, you will likely be miserable. But when you control your money, and it follows your bigger strategy, it can do amazing things.


"Too many people spend money they earned..to buy things they don't want..to impress people that they don't like." - Will Rogers


We spend money on the wrong things, and with the wrong mindset.


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