20 inspirational money quotes to set you on the path to wealth - Businessday NG (2024)

There is tremendous power in reading inspirational quotes on a regular basis. According to Conrad Hees in his article, “Four ways inspirational quotes can change your life,” reading inspirational quotes is one of the main reasons for the success of many people. It has been reported to boost motivation, and helping people to take action towards what they want.

Reading daily inspirational and motivational quotes is one of the easiest, cheapest, fastest, and best ways to create a better life for yourself. They will motivate you, help you beat procrastination, and are even good for a laugh! Reading inspirational quotes can change your life.

People love to read quotes, because these are inspiring and motivating thoughts condensed into a few words. They are drops of wisdom concentrated into one or a few sentences, which can bring light and understanding into the soul of the reader. They have the power to awaken hope, faith and inner strength, and also ambition and motivation. Please find below my pick of twenty money quotes to inspire you as you travel on the path to wealth:

“Rule No.1 is never lose money. Rule No.2 is never forget rule number one.”– Warren Buffett

Warren Buffett has the distinction of being the world’s greatest investor. In order to build wealth one must engage in investment activities. As you invest your money always have it at the back of your mind the most important objective is not to lose it!

“If you want to be rich, simply serve more people” – Robert Kiyosaki

The major secret to wealth and financial success lies in being of service to more people by creating value and solving their problems. The more problems you solve the richer you will be. Bill Gates’ Microsoft Windows software and Mark Zuckerberg’s Facebook are examples of products that serve people all over the world.

“Too many people spend money they earned…to buy things they don’t want…to impress people that they don’t like.” –Will Rogers

Gbam! This on-point quote is an important advice admonishing one to check ones motives for spending money. Buying what you don’t want to impress someone you don’t like is tantamount to throwing hard earned money away.

“Money is a terrible master but an excellent servant.” –P.T. Barnum

Many people serve and worship money. Money is meant to serve you instead. Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

“Fortune sides with him who dares.” –Virgil

To dare means to make attempt, act, take calculated risks in your quest to achieve something. Fortune gives plenty of herself to those who make things happen. Stop procrastinating and start daring by taking steps as he who dares, wins.

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” –Edmund Burke

This quote admonishes us to examine closely our relationship with wealth. Wealth’s place is to be under man’s command and instruction. When this is the case freedom and true riches is the result. The corollary of this is a situation where wealth is in command of our lives which is the same as poverty.

“We make a living by what we get, but we make a life by what we give.” –Winston Churchill

Churchill, the great British Prime Minister attempts to make a distinction between making a living and making a life in this quote. While it is very important to make a living from what we get – income, salaries, bonuses etc it’s more beneficial to make a life through giving.

“Never spend your money before you have it.” –Thomas Jefferson

Basically stop spending on credit. Spending before you have the funds is a recipe for financial disaster.

“You must gain control over your money or the lack of it will forever control you.” –Dave Ramsey

If you do not exert control over your money you will easily lose it. Those that allow money to control them are usually broke and in debt thus exposing themselves to being controlled by money. It is not a pleasant state to be in.

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” –Robert G. Allen

No one can become a millionaire just by keeping money in savings accounts. That’s why savings goes hand in hand with investment.

“A wise person should have money in their head, but not in their heart.” –Jonathan Swift

The head is the place where rational and logical decisions are made, while the heart is usually the seat of our emotions. Money decisions should be made rationally and logically, and not emotionally where the risk of losing it is much higher.

“Money is a reward for solving problems.” –Mike Murdock

A study of the lives of the richest people in the world establishes the fact that they are all involved in solving problems for majority of people, who in turn exchange their resources for these solutions. The simplest formula to becoming rich is to solve problems for the most people.

“Success is not how many zeroes your bank account has. It’s about making the most of the life you have.“- SuzeOrman

There are other more important things in life than what one has been able to amass. One’s priorities should not be money at the expense of other important things that make life worth living.

“Winning at money is 80 percent behavior and 20 percent head knowledge. What to do isn’t the problem; doing it is. Most of us know what to do, but we just don’t do it. If I can control the guy in the mirror, I can be skinny and rich.” Dave Ramsey

Winning at money entails taking action and doing things.

“Money is usually attracted, not pursued.” – Jim Rohn

This quote is a wake up call to all Nigerians – money is not meant to be hustled, pursued or amassed by stress and struggle. Rather it is meant to be attracted. We need to change our mindsets from hustling to attracting wealth.

“The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more.” ― Tony Robbins

You must go the extra mile if you want to build wealth.

“There are specific universal and timeless laws that govern wealth creation: to make money, you must know and follow these laws. Ignorance about the Laws of money; makes man poor.” -LanreOlusola

The root cause of man’s poverty can be traced to a lack of knowledge regarding the laws of money which are timeless and universal.

“The reason I’ve been able to be so financially successful is my focus has never, ever for one minute been money.” – Oprah Winfrey

Oprah’s strategy has never been to focus on money. It has definitely proved successful and is a strategy that one should emulate.

“It is not how much you earn but what you do with it that determines your end.” –Olumide Emmanuel

Use your money wisely and you are definitely guaranteed a successful end. The amount’s not important but the application of the resources is what matters.

“It is tempting to try to get rich quickly, but the process of getting rich slowly and steadily via saving and long term investing is tested and reliable.” –NimiAkinkugbe

Getting rich quickly is a myth. Focus on getting rich slowly using proven methods is a winner anyday.

I am pretty sure that one or more of these quotes have resonated with you, and will aid in boosting your efforts as you work towards making money. The best news is that access to inspirational content is usually free with loads of resources available both online and offline that will benefit you.

Take the time to read these quotes over and over in order to draw out the hidden gems of motivation that I may have failed to capture. Inspiration and motivation are two things that are required if you desire to build wealth this year. Please feel free to also share your money quotes with me – it might just be what I need!

Kenneth Doghudje

20 inspirational money quotes to set you on the path to wealth - Businessday NG (2024)
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