quotations about wealth
A common misconception about building wealth is that it's only possible with a high income. While a growing income obviously makes things easier, the preconception that it's absolutely necessary ends up missing the core idea of wealth accumulation. A bigger paycheck helps only if that money is being used optimally. We all know of various celebrities that have squandered millions of dollars and declared bankruptcy because of poor spending habits. Instead, building wealth is about making more than you consume, and then saving the difference. This means that the equation can be tackled on both sides of the spectrum, and that almost anyone can take steps to be more financially secure if they make smarter choices with their expenses.
MIKE MOZART
"Is it Possible to Build Wealth on Minimum Wage?", Equities, April 4, 2017
You obviously don't know what an Old Man of the Sea great wealth is. It is not a fat purse and time to spend it. Its owner finds himself beset on every side, at every hour, wherever he goes, by persistent pleaders, like beggars in Bombay, each demanding that he invest or give away part of his wealth. He becomes suspicious of honest friendship--indeed honest friendship is rarely offered him; those who could have been his friends are too fastidious to be jostled by beggars, too proud to risk being mistaken for one.
ROBERT A. HEINLEIN
Stranger in a Strange Land
Small aid is wealth for daily gladness; once a man be done with hunger, rich and poor are all as one.
EURIPIDES
Electra
Poor is the man who can boast of nothing more than gold.
WILLIAM SCOTT DOWNEY
Proverbs
It is a shame for a man to be a millionaire in possessions if he is not also a millionaire in beneficence.
LYMAN ABBOTT
Problems of Life: Selections from the Writings of Rev. Lyman Abbott
Jars neither of wine nor of water shall fail in the houses of the rich.
AESCHYLUS
fragment, Kabeiroi
Competition, founded upon the conflicting interests of individuals, is in reality far less productive of wealth and enterprise than co-operation, involving though it does the constant apparent sacrifice of the individual to the common interests.
ROBERT HUGH BENSON
A City Set on a Hill
As large trees are not the most productive, neither are wealthy men the most liberal.
WILLIAM SCOTT DOWNEY
Proverbs
Wealth--the most excellent of all gods.
ARISTOPHANES
Plutus
There's a common misconception that wealth is a fixed pie, and that therefore for one person to have a lot of wealth requires somebody else to have less (the narrative often goes that wealthy people stole their wealth from poor and middle class people) ... [but] wealth can grow, so that even if someone's percentage of the pie remains the same, they will benefit from that individual slice getting bigger.
IAN TARTT
"Bernie Sanders on the Koch Brothers and Libertarian Ideas", The Libertarian Republic, April 18, 2017
The poor know well what wealth can do--
The rich their happiest chances miss;
We sit too close to grasp the view,
Or stand too far to feel the bliss.
CAROLINE SPENCER
"Outside"
Some people who have a lot of money like to show it off. They buy large houses, expensive cars, and all the toys you can imagine. But others keep their affluence on the down low. They don't look any different from anyone else, but they have some serious cash stashed away. These folks have what is known as stealth wealth. They are worth way more than they appear to be, and they often manage to retire early or follow their dreams in some other way that surprises the people around them -- people who never realized they had that kind of money.
SARAH WINFREY
"5 Reasons Stealth Wealth Is the Best Wealth", WiseBread, March 24, 2017
Some people aren't meant to be rich. It's like when Babe Ruth was the greatest home run hitter. There had never been anybody like him, and his teammates would ask, "Babe, Babe, how do you hit the long ball?" And he'd say, "I don't know, man. I just swing at it." I see it like that. It's just something you have, something you're born with. Many people don't have the ability to be rich, because they're too lazy or they don't have the desire or the stick-to-itiveness. It's a talent. Some people have a talent for piano. Some people have a talent for raising a family. Some people have a talent for golf. I just happen to have a talent for making money.
DONALD TRUMP
Playboy, October 2004
Nothing keeps longer than a middling fortune, and nothing melts away sooner than a large one.
JEAN DE LA BRUYÈRE
"Of the Gifts of Fortune", Les Caractères
Great wealth may be to its owner a blessing or a curse. Alas! I fear it is too often the latter. It hardens the heart, blunts the finer susceptibilities, and transforms into a fiend what under more favourable circumstances might have been a human being.
ARNOLD BENNETT
A Question of Sex
Focusing your life solely on making a buck shows a poverty of ambition. It asks too little of yourself. And it will leave you unfulfilled.
BARACK OBAMA
speech, July 12, 2006
As the cream abandons the milk from which it took its life, and rises to the top and rides there, so men, because they are richer than those around about them, separate themselves, and all mankind below them they regard as skim milk.
HENRY WARD BEECHER
Proverbs from Plymouth Pulpit
Wealth is a tool of freedom. But the pursuit of wealth is the way to slavery.
FRANK HERBERT
God Emperor of Dune
To remain secure and prosperous themselves, wealthy nations must extend the kind of cooperation to the less fortunate members that will inspire hope, confidence and progress. A rich nation can for a time, without noticeable damage to itself, pursue a course of self- indulgence, making its single goal the material ease and comfort of its own citizens--thus repudiating its own spiritual and material stake in a peaceful and prosperous society of nations. But the enmities it will incur, the isolation into which it will descend, and the internal moral and physical softness that will be engendered, will, in the long term, bring it to disaster.
DWIGHT D. EISENHOWER
State of the Union Address, January 7, 1960
Riches naturally gain a man a favourable reception in the world, and give merit a double lustre, when a person is endowed with it; and supply its place, in great measure, when it is absent. Tis wonderful to observe what airs of superiority fools and knaves, with large possessions, give themselves above men of the greatest merit in poverty.
WELLINS CALCOTT
Thoughts Moral and Divine