“Money is a great friend, once you send it off to work.”
Great quote. Earning interest and dividends on your savings and investments are what putting money to work is all about. This works in reverse when you have debt. Debt costs you money. Avoid it as much as you can!
“Money can’t buy friends, but it can get you a better class of enemy.”
It is amazing how jealousy can rise up when someone has more money than someone else. That’s why people say never to discuss salary or wage with co-workers. Because it really doesn’t matter what your co-workers make. As long as you’re giving it 110% of your effort and working hard, you should be getting what you’re worth. If you’re not, negotiate with your employer or look for another job where you’ll be paid what you’re worth. And remember that you probably make more than 90% of the world.
“The most powerful force in the universe is compound interest.”
Arguably the most intelligent person to ever live (even though he didn’t speak fluently until age nine) said that the most powerful force in the universe is compound interest. Of course, he was wrong. God is, but it still illustrates a point. Compound interest is a powerful force that can work for you or against you. Compound interest can help you create wealth with investments or help destroy it through high interest credit cards. Learn about compound interest and it could change your life! And it doesn’t hurt to know the actual most powerful force in the universe, either!
“You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you.”
What a great quote and some great advice. Money should never be your goal. Money is motivating but there is a higher purpose for our lives. I don’t think that it’s necessarily wrong to be motivated by money as long as the ultimate motivation is that you want to help someone with it. So the real motivation is to change lives through giving. Giving to God. Giving to the poor. Giving to the church. Giving to change generations. Giving to change your family tree.
Is money your motivation? Are you really doing what you love? Examine your ultimate goals in life.
“I’m so poor I can’t pay attention.”
Poor and broke are two very different things. Poor is a mentality and broke is just a temporary situation that you know will get better in the future. All I know is that I don’t want to be poor or broke! Maybe just poor in spirit (Matthew 5:3).