Quotes About Finance

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

Never spend your money before you have earned it.

Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.

If you go to prison, your child support adds up.

We often think about happiness as trying to increase our joy, but it's also about decreasing our worry. So what you get for paying those high taxes is, if you're a parent thinking about putting your child through school, you don't have to worry about it, because all education through college is free.

I don't use a debit card. The safest thing is a credit card because you're using the bank's money. If someone accesses your information, they are stealing the bank's money, not yours.

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.

One day I was in Starbucks going through one of my books on accounting, and this beautiful young woman came up to me and said, 'My accounting book is different from yours.' Her name was Joyce, she had a background in finance and administration and ran a surgery center. Within a short time, we were married.

My father was a person who always allowed me to do what I wanted but he told me you want to go to a stock market, first get yourself qualified. So, I qualified myself as a chartered accountant and my dad said what do you want to do? I said I want to go to the stock market. He asked what will you do? I said I invest.

The best thing is to invest in yourself, because it takes money to make money.

In capital we trust. Capital is our savior, our holy grail, our fountain of youth, or at least health, for banks.

How it works: it's like I have a tour, so there's, you know, some income from that. We have merchandise. There's income from that. Then on YouTube, there's ad revenue... so, you know, YouTube puts ads on the videos, and we need a little bit of that.

New Zealand as a whole needs to save more, spend less and reduce our reliance on foreign debt.

At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.

Certainly when I was starting, it required being in a community where, when you tried to rent a building, and they looked at your balance sheet and saw it was negative, that didn't scare them away.

I tried all my life to make housing affordable. The more affordable the house, the more money I make.

I'm not someone who puts their money in a fund that earns 2 to 5 percent a year. I'm a man who tries to change things, move something with my money, to create jobs and, of course, at the same time earn more money with it.

I have learned, if you give a team a budget, then the team tries to maximise the budget so that they get the same next year.

I have dealings with a pension firm, an insurance company and a bank, and every day one of these institutions tries to worry me into buying something else. The bank wants to sell me a pension, the pension company wants to sell me insurance for my pension and the insurance company wants to insure my bank account.

If we were to raise interest rates too steeply, and we were to trigger a downturn or contribute to a downturn, we have limited scope for responding, and it is an important reason for caution.

Not raising the debt ceiling is not an automatic trigger for a default.

Having the opportunity to follow the market frequently gives you the opportunity to see if you need to reevaluate your portfolio. But reevaluating your portfolio shouldn't trigger a sell signal so frequently.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

It's very difficult to explain to a normal working citizen the implications of what $18 trillion in debt means and what it means when the Federal Reserve buys the U.S. Treasury bonds to finance our loss every month.