Quotes About Financial

Most people play not to lose, when they need to be playing to win. And that's why so many people struggle financially. They might have a safe, sensible and balanced portfolio, but it's not a winning portfolio.

Average Americans today work four to five months for the government just to cover their taxes. In my opinion, that is simply too long. The harder you work, the more you pay the government. That is why I believe that the idea of "take-from-the-rich" backfired on the very people who voted it in.

This is the cash-flow pattern of a poor person: This is the cash-flow pattern of a person in the middle class:

GO TO SCHOOL? While I am a huge supporter of education and life-long learning, "going to school"—especially college—has become a financial nightmare. Student loan debt is at record highs with 44 million Americans owing nearly $1.3 trillion. Again: that's trillion… with a T.

Their families have often become very wealthy through the deferral of the taxes on these assets they donate, and do not need the asset that made them rich anymore.

The number-one control you must have to be an investor is control over yourself. If you cannot control yourself, the highs and lows of the market will run you, and you will lose during one of those ups or downs.

Éste es el mayor problema de tener un empleo, que no es un activo. No lo puedes vender en eBay, no lo puedes rentar ni recibir dividendos por él. Entonces, ¿para qué pasar décadas, los mejores años de tu vida, trabajando para construir algo que no es un activo? O, para describirlo con mayor precisión, ¿para construir el activo de alguien más y no el tuyo?

So for most people, the reason they don't win financially is because the fear of losing money is far greater than the joy of being rich.

the socialists ultimately penalized themselves due to their lack of financial education.

8.?Use assets to buy luxuries: the power of focus

The key to becoming wealthy is the ability to convert earned income into passive income or portfolio income as quickly as possible.

My highly educated dad always encouraged me to land a good job with a strong corporation. He spoke of the virtues of "working your way up the corporate ladder." He didn't understand that, by relying solely on a paycheck from a corporate employer, I would be a docile cow ready for milking. When I told my rich dad of my father's advice, he only chuckled. "Why

Mi cerebro se fortalece todos los días porque lo ejercito, y entre más fuerte se hace, más dinero puedo producir.

have very little relevance to my personal financial success.

I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing, and law. Combine those four technical skills and making money with money is easier than most people would believe.

If they think money will solve problems, they will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.

Many of the very rich became rich in their spare time. So, if you have a job because you have financial responsibilities, keep your job but make better use of your spare time.

This flaw is especially pronounced in a bear market.

Buying or building assets that deliver cash flow is putting your money to work for you. High-paying jobs mean two things: you're working for money and the taxes you pay will probably increase. I've learned to put my money to work for me and enjoy the tax benefits of generating income that doesn't come from a paycheck.

Existe una gran diferencia entre ser pobre y estar en bancarrota. La bancarrota es temporal, la pobreza, eterna.

The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich. It's self-inflicted fear and ignorance that keep people trapped.

Unfortunately, only a small number of patients with peptic ulcer are financially able to make a pet of an ulcer.

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

The prospect of penury in age is so gloomy and terrifying that every man who looks before him must resolve to avoid it; and it must be avoided generally by the science of sparing.