Personal finance Quotes

"The key to financial freedom and great wealth is a person's ability to convert earned income into passive income and/or portfolio income." "A penny saved is a penny earned" "A highly undiversified portfolio exposes you to much greater risk, but it also earns a much higher return" "We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate." "Life is to be lived. If you have to support yourself, you had bloody well better find some way that is going to be interesting." "Do your homework and know what you own." "Your greatest asset is your earning ability. Your greatest resource is your time." "Always keep enough cash on hand to take advantage of opportunities." "Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio" "The main reason people struggle financially is because they have spent years in school but learned nothing about money." "It's not what you earn that makes you rich; it's what you spend." "The philosophy of the rich and the poor is this: The rich invest their money and spend what is left. The poor spend their money and invest what is left" "The wealthy focus on their asset columns while everyone else focuses on their income statements." "Save a part of your money; spend the rest wisely." "Financial education needs to be taught in schools."