Quotes About Savings

Even if you didn't lose your job, if you're one of the two-thirds of Ontarians who don't have a pension, you lost savings. Even if you've earned most of that back now, you are a changed person. You are less secure, less confident. And I understand that.

My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.

I just kept telling myself that ultimately, the money that my grandparents had put away to go into my college fund, that they were investing for me to go to school and get this education, it had to be worth something.

I tend to tell my readers to go for the cheapest ingredients every time, unless they're unbearable. If so, you only need to have them once and the next week switch up.

If you can get a second-round pick that makes it, it's unbelievable for that franchise, what you save and all the other things to build. You're always looking for guys like that.

It is thrifty to prepare today for the wants of tomorrow.

Experiences are savings which a miser puts aside. Wisdom is an inheritance which a wastrel cannot exhaust.

Save now, so you are not dependent on your children when you are old

Because the NHS budget covers everybody, the money saved on one patient can be used to treat another. Declining to operate on a sick grandmother means there is more money available to treat sick children. Accordingly, protests about denied coverage tend to be muted. In the U.S. system, that trade-off doesn't apply; if an American insurance company refuses to pay $36,000 for Herceptin for one of its clients, the money saved is likely used to enhance profits.

The money's no better in retirement, but the hours are!

It turns out that an investment of $601 at the beginning of each month in stock index funds, coupled with an average annual return of 10 percent, grows to the sum of $1,249,655 in 30 years. Incidentally, $601 a month is approximately 28.9 percent of a yearly salary of $25,000. And in case you might be wondering, yes, the math works the same for everybody.

Nevertheless, it's money that won't be compounding in their accounts and building their net worth.

Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA) are one way that parents can earmark funds for their children's education. Often gifts of cash for a child's birthdays and other special occasions end up in this account, and it grows over time.

You can invest in both a Coverdell ESA and a 529 plan at the same time. You're allowed to change the beneficiary to another family member. Finally, unlike an UGMA or UTMA Custodial account, you retain complete control of the assets.

If you find yourself with liquid assets of between $200,000 and $2 million when you reach your mid- to late fifties, give serious consideration to buying long-term care policies for you and your spouse.

Young people shouldn't fall for it, since they normally don't have dependents who rely on them for support. Everyone should save and invest their money and not buy life insurance until the situation requires it.

Spare no expense to save money on this one.

I'm frugal. I've always been this way. When I was young, my mom would give me my allowance, and I'd peel off a little each week and have some to spare.

It was drilled into me from an early age that nothing is certain and that you have to be incredibly careful and sensible with money. However, if you are lucky enough to have a little bit spare, you should also try to enjoy it.

We need to increase access to health insurance through Health Savings Accounts and high deductible policies, so individuals and families can purchase the insurance that's best for them and meets their specific needs.

Pull in your belt, spend less, and reduce debt.

If there's not enough money in the bank account, you don't spend it.

It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.

Most people who are poor have their money in a bank account that earns negligible interest. With the rapid inflation that we have because of rampant government spending, the people are losing purchasing power - they're actually becoming poorer.