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8 Wisest Money Quotes Which Will Change Your Life

Many wise heads have been talking about money spending throughout many decades, even centuries.  Still, people seem to have many doubts concerning their attitude towards this life’s necessity. Additionally, the 21st century has brought some new aspects of money spending like impulse buying which additionally make things difficult to understand.

Let’s see what many wise people have said about money.

Benjamin Franklin


”Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has,  the more one wants.”

Benjamin Franklin (1706-1790) was one of the Founding Fathers of the United States and a famous inventor. He was often poor in his lifetime and thus had enough time to think wisely about money spending.

Ralph Waldo Emerson

“Money often costs too much.”

Ralph Waldo Emerson (1803-1882) was an American poet and philosopher, a champion of individualism. He lost his father as a child and was raised by his mother. His health was not very good, so he traveled to many places in search of a better climate. Since he didn’t have time to settle down in one place, we may say that this statement came as his rebellion towards his overall state and towards capitalism generally.


William Shakespeare

“Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.”

This is a quote from Shakespeare’s play ‘Hamlet.’ Those are the words that a father is saying as advice to his son. He advises his son not to loan money to other people since it can be dangerous. Sometimes, people don’t return the money, and you may lose a friend because of the failed transaction. On the other hand, it is distasteful to borrow money since it is impolite and shows that you are living outside of your means.

Eleanor Roosevelt

“He who loses money, loses much; He who loses a friend, loses much more; He who loses faith loses all.”

Eleanor Roosevelt (1884-1962) was an American politician, activist, and the longest serving the First Lady of the United States. She was also called the “First Lady of the World” because of her human rights achievements.

James W. Frick

“Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are.”

This quote was uttered by James W. Frick (1924-2014), a former vice president for public relations at the University of Notre Dame. The statement best describes people’s tendencies to spend more money on the things they care about. For example, many smokers will rather buy cigarettes than newspapers or even milk and eggs. This tendency can only show what people’s priorities in life are. On the other hand, someone would rather buy a book than food.

Malcolm Forbes


“I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died”

Malcolm Stevenson Forbes (1919-1990) was an American entrepreneur and publisher of Forbes magazine. After his father’s and brother’s death, he got a full control of the magazine Forbes and made it a full-time job. The magazine was in the family’s ownership until Malcolm’s death from a heart attack back in 1990. Then his son Steve Forbes became editor in chief, but the business is not in his ownership.

The Beatles

“For I don’t care too much for money, for money can’t buy me love.”

These are the lyrics from The Beatles’ song called ‘Can’t Buy Me Love’ released in 1964. The lyrics suggest that the things which cannot be bought with money are more valuable than the money itself.


Billy Idol

“It doesn’t matter about money; having it, not having it. Or having clothes, or not having them. You’re still left alone with yourself in the end.”

Billy Idol (1955-) is an English musician known for his rebellious songs. In this quotation, he suggests that it all depends on how you view your objects and priorities.

Generally, people who depend entirely on money are often carried away into helplessness and self-destruction. On the other hand, those who treat money as something that one could easily lose are likely to control money before it controls them. Above all the things mentioned above, it is a human being who has to decide upon his own actions and beliefs towards money spending.

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