OPTIMIZE YOUR FINANCES

Money Management refers to the processes of budgeting, saving, investing and spending an individual’s, household’s, or organization’s finances. At the Individual and household level, Money Management encompasses Personal Finance. It entails an optimized balancing act between money inflows and outflows, in line with your personal financial goals and resources. Any program of financial fitness, financial health and financial wellbeing include these same aspects and contents. Enjoy the articles and… Sweat Your Assets.

Poor thinking is Prohibitively Expensive.

Sweat Your Assets

 

You can never get enough of what you don’t need.

Dallin G. Oaks

Happiness is ultimatly free. It is unhappiness that is truly expensive.

Sweat Your Assets

Give every dollar a job.

Sweat Your Assets

Be fearful when others are greedy, and greedy when others are fearful.

Warren Buffet

If past history was all that was needed to play the game of money, the richest people would be librarians.

Warren Buffet 

The most important investment you can make is in yourself.

Warren Buffet

You don’t need to be a rocket scientist. Investment is not a game where the guy with 160 IQ beats the guy with the 130 IQ.

Warren Baffet

Rule No. 1: Never loose money. Rule No. 2: never forget rule No. 1.

Warren Buffet

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

Warren Buffet

No one would remember the Good Samaritan if he’d only had good intentions; he had money as well.

Margaret Thatcher

Everything you have ever wanted is sitting on the other side of fear.

George Addair

The best time to plant a tree was 20 years ago. The second best time is now.

Chinese proverb

 

It is not what your earn that makes you rich, but what you spend on.

Charles Jaffe

The real value of money is what you create with it.

Edmond De Rothschild

Your are not separate from your goals by a number of years, but by a number of actions.

Douglas Kruger

Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.

Albert Einstein

A Goal without a plan is just a wish.

Antoine de Saint-Exupéry

 

The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind. 

T.T. Munger

I remember saying to my mentor, ‘If I had more money, I would have a better plan.’ He quickly responded, ‘I would suggest that if you had a better plan, you would have more money.’ You see, it’s not the amount that counts; it’s the plan that counts.

Jim Rohn

“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 never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.

Warren Buffett

Stocks are investments. Cash is not. “The one thing I will tell you is the worst investment you can have is cash. Everybody is talking about cash being king and all that sort of thing. Cash is going to become worth less over time. But good businesses are going to become worth more over time.”

Warren Buffet

if you think too much about money, you can’t see the forest from the tree! Search for wealth (the forest), not money (the tree).

Sweat Your Assets

When you invest, you are buying a day you won’t have to work.

Aya Laraya

We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

Warren Buffet

Only when the tide goes out do you discover who’s been swimming naked.” In a bull market, everybody’s a genius. But a bear market reveals who’s got what it takes to achieve long-term success — and who doesn’t.

Warren Buffet

What we learn from history is that people don’t learn from history. When investors get either too fearful or too greedy, they sometimes hide behind the notion that “This time it’s different.” Usually they regret it.

Warren Buffet

Diversification is an hedge against ignorance.

Warren Buffet

If you don’t find a way to make money while you sleep, you will work until you die.

Warren Buffet

The shortest route to wealth is the contempt of wealth. 

Seneca (the younger)

If you haven’t started, then taking action is more important than finding a better strategy.

James Clear

A man is rich in proportion to the number of things which he can afford to let alone. 

Henry David Thoreau

Money is a great servant but a bad master.

Francis Bacon

If you don’t know where you are going, any road will get you there.
Lewis Carrol

Money does not solves money problems; it is not the answer to your money woes, but financial literacy is: understanding how money works solves money problems. If you’ve got a faulty money flow pattern, more money will just magnify it.

Ann Wilson

Don’t wait till you are thirsty to dig a well: it will be too late. 

Proverb

You have one life. Invest wisely.

Sweat Your Assets

Don’t major on minor things.

Jim Rohn

Money can buy many things, but nothing more valuable than your time, your freedom and your peace of mind.

Sweat Your Assets

You miss 100% of the shots you don’t take.

Wayne Gretzky

We don’t have problems. We have situations. If you deal with a situation it never becomes a problem. Deal with it while it is a situation. when it gets to be a problem, now you gonna have issues.

Tim S. Grover

Profit is the applause you get from taking care of your customers, treating people well, your Environment, clients for the service you give. Making Money is not a worthwhile goal. It is a by-product of doing good things.

Ken Blanchard

Our grand business undoubtedly is, not to see what lies dimly at a distance, but to do what lies clearly at hand.

Thomas Carlile

We generally change ourselves for one of two reasons: ispiration or desperation.

Jim Rohn

Wealth is the slave to the wise but master of the fools.

Seneca

Buying a bond only for its yield is like getting married only for the sex. 

Benjamin Grahman

The biggest risk is not taking risk…in a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks

Mark Zuckerberg

How many arbitrary parameters did you use for your calculations? I remember my friend J. von Neumann used to say: with four parameters I can fit an elephant, and with five I can make him wiggle his trunk.

Enrico Fermi

The Stock Market is designed to transfer money from the active to the patient

Warren Buffet

Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are

James W. Frick

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