Quotes About Financial

Whatever your income, always live below your means.

Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.

If your goal is to become financially secure, you'll likely attain it…. But if your motive is to make money to spend money on the good life,… you're never gonna make it.

The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.

Have you ever noticed those people whom you see jogging day after day? They are the ones who seem not to need to jog. But that's why they are fit. Those who are wealthy work at staying financially fit. But those who are not financially fit do little to change their status.

Most people will never become wealthy in one generation if they are married to people who are wasteful. A couple cannot accumulate wealth if one of its members is a hyperconsumer.

it is very difficult for a married couple to accumulate wealth if one is a spendthrift. A household divided in its financial orientation is unlikely to accumulate significant wealth.

How can well-educated, high-income people be so naive about money? Because being a well-educated, high-income earner does not automatically translate into financial independence. It takes planning and sacrificing.

Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

1. Accounting Entity The accounting entity is the business unit (regardless of the legal business form) for which the financial statements are being prepared. The accounting entity principle states that there is a "business entity" separate from its owners … a fictional "person" called a company for which the books are written.

If during the review of a corporation's books, the accountant has reason to believe that the company may go bankrupt, he must issue a "qualified opinion" stating the potential of the company's demise. More on this concept later.

2. Going Concern Unless there is evidence to the contrary, accountants assume that the life of the business entity is infinitely long. Obviously this assumption cannot be verified and is hardly ever true. But this assumption does greatly simplify the presentation of the financial position of the firm and aids in the preparation of financial statements.

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

We're all concerned about the budget. We're all concerned about what's happening financially in our country. There's no question about it. Congress is working day and night. In fact, every time I go home the lights are on at the top of the Capitol.

Making loans accessible to millions of the previously unbankable customers is a noble goal. Getting them hooked to such loans isn't.

For the well-heeled elites, the 90s and 00s were a non-stop party with no hangover: even after the financial crash, the fortunes of Britain's 1,000 richest families more than doubled.

I've had nonstop financial problems my whole adult life. It's always been a constant balance, year to year: 'Where's the time? Where's the money?'

We are not into financial services, and we are not interested also because we find we are better in branded marketing enterprises.

If you trade in paper, the notion of many who trade gold - the Ayn Randers - if the financial world comes to an end, they're going to have the gold. If you're playing in ETFs, you're going to have a piece of paper.

If you invent something, you're doing a creative act. It's like writing a novel or composing music. You put your heart and soul into it, and money. It's years of your life, it's your house remortgaged, huge emotional investment and financial investment.

If I hit the lotto, I would be nowhere near the road. But I got bills to pay.

I've seen numerous situations where collectors have taken more than the agreed-upon amount from someone's account once they gained access.

Alimony is like buying oats for a dead horse.