Quotes About Wealth

L'accumulation est le trésor paradoxal du pauvre ; les riches sont minimalistes.

War prosperity is like the prosperity that an earthquake or a plague brings. Ludwig von Mises

America's poor are better off than much of the European middle class today, and better off than the American middle class of the 1950s.

The boast of heraldry, the pomp of power, And all that beauty, all that wealth e'er gave, Awaits alike the inevitable hour. The paths of glory lead but to the grave.

Their position was perhaps the happiest of all positions in the social scale, being above the line at which neediness ends, and below the line at which the convenances begin to cramp natural feeling, and the stress of threadbare modishness makes too little of enough.

But the bitter thing is, that when I was rich I didn't need what I could have, and now I be poor I can't have what I need!

Dairyman Crick's household of maids and man lived on comfortably, placidly, even merrily. Their position was perhaps the happiest of all positions in the social scale, being above the line at which needliness ends, and below the line at which the 'convenances' begin to cramp natural feelings, and the stress of threadbare modishness makes too little of enough

But what is Wisdom really? A steady handling of any means to bring about any end necessary to happiness. Yet whether one's end be the usual end — a wealthy position in life — or no, the name of wisdom is seldom applied but to the means to that usual end.

You are one of the very men Christminster was intended for when the colleges were founded; a man with a passion for learning, but no money, or opportunities, or friends. But you were elbowed off the pavement by the millionaires' sons.

It is an ignorant place, except as to the townspeople, artisans, drunkards, and paupers, she said, perverse still at his differing from her. They see life as it is, of course; but few of the people in the colleges do. You prove it in your own person. You are one of the very men Christminster was intended for when the colleges were founded; a man with a passion for learning, but no money, or opportunities, or friends. But you were elbowed off the pavement by the millionaires' sons.

The Power of a Man is his present means, to obtain some future apparent Good.

When it comes down to it, what are being traded in a capitalist economy are property rights—the ownership rights in goods and services.

QUESTION 2: DO YOU KNOW HOW MUCH YOUR FAMILY SPENDS EACH YEAR FOR FOOD, CLOTHING, AND SHELTER? Almost two-thirds of the millionaires surveyed (62.4 percent) answered "yes" to this question.

What if he had taken full advantage of the tax-advantaged benefit from the time he was first employed? Today he would be a millionaire. Instead, he is on the perpetual earn-and-consume treadmill.

The advertising industry and Hollywood have done a wonderful job conditioning us to believe that wealth and hyperconsumption go hand in hand.

It is easier to purchase products that denote superiority than to actually be superior in economic achievement.

Most millionaires measure their success by their net worth, not by their realized income. For the purposes of wealth building, income doesn't matter that much. Once you're in a high-income bracket, say $100,000 or $200,000 or more, it matters less how much more you make than what you do with what you already have.

For every millionaire who owns a $1,000 suit, there are at least six owners who have annual incomes in the $50,000 to $200,000 range but who are not millionaires.

There is an inverse relationship between the time spent purchasing luxury items such as cars and clothes and the time spent planning one's financial future.

UAWs tend to live above their means; they emphasize consumption. And they tend to de-emphasize many of the key factors that underlie wealth building. YOU

All too often high-income-producing UAWs spend countless hours studying the market—but not the stock market. They can tell you the names of the top auto dealers, but not the top investment advisors. They can tell you how to shop and spend. But they can't tell you how to invest. They know the styles, prices, and availability at various car dealers. But they know little or nothing about the various values of equity market offerings. As

Conspicuous symbols of wealth, such as homes and motor vehicles, are better indicators of one's credit use than of the size of one's investment portfolio.

Twenty years ago we began studying how people become wealthy. Initially, we did it just as you might imagine, by surveying people in so-called upscale neighborhoods across the country. In time, we discovered something odd. Many people who live in expensive homes and drive luxury cars do not actually have much wealth. Then, we discovered something even odder: Many people who have a great deal of wealth do not even live in upscale neighborhoods.

About one-half of the millionaires in America don't live in upscale neighborhoods.