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Money Management Quotes

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Money Management Quotes

“How important are money management and finances in marriage and family affairs? Tremendously. The American Bar Association recently indicated that 89 percent of all divorces could be traced to quarrels and accusations over money. Another study estimated that 75 percent of all divorces result from clashes over finances. Some professional counselors indicated that four out of every five families wrestle with serious money problems.”

“Money often costs too much.”

Source: The Conduct of Life

“Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it.”

Source: Trading for a Living: Psychology, Trading Tactics, Money Management

“Wealth consists not in having great possessions, but in having few wants.”

Source: The Philosophy of Epictetus: Golden Sayings and Fragments

“I regard the amount of brainpower going into money management as a national scandal. When some idiot would get rich, they'd say, 'Well, old Charlie was out in the field playing the big brass tuba on the day it rained gold.' A lot of people have become rich lately who were playing the tuba on the day it rained gold.”

People Wells Bigs Rich Fields Amount Gold Regard Management Idiot Scandal Charlie Get Rich Money Management Brass Become Rich Tubas

Author:Charlie Munger