Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Wednesday, June 3, 2009

Money Facts

About 43% of American families spend more than they earn each year. The latest statistics on consumer credit from the Federal Reserve says that average American family owes about $18,654 per household, a figure that doesn’t include mortgage debt. (Source: How does your debt compare?)

Money Witticisms

"Money grows on the tree of patience." -Proverb

"Make all you can, save all you can, give all you can." John Wesley

"Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery." - Charles Dickens David Copperfield

"If you would be wealthy, think of saving as well as getting." - Benjamin Franklin

"The safest way to double your money is to fold it over and put it in your pocket." - Kin Hubbard

"Never spend your money before you have it." - Thomas Jefferson

Creditors have better memories than debtors. -Benjamin Franklin

A nickel ain't worth a dime anymore. -Yogi Berra

The real measure of your wealth is how much you'd be worth if you lost all your money. -Unknown

Monday, June 1, 2009

Wisdom from an Ant Hole


Go to the ant, thou sluggard; consider her ways, and be wise: (Proverbs 6:6)

While most ladies do not want ants in their home, all families would gain from having a few of the ants’ traits in their life. Ants are industrious little creatures who understand the importance of saving – a trait few American families have.

James J. Hill gave this advice on success and the necessity of saving money:

If you want to know whether you are destined to be a success or a failure in life, you can easily find out. The test is simple and it is infallible. Are you able to save money? If not, drop out. You will lose … You will lose as sure as you live. The seed of success is not in you.

I don’t suggest to check out or “drop out” if you have not been a saver but I do suggest that you get into the game and start saving. Think you’re too old? A funny thing about ants, they never stop storing up food. They never stop saving! They save in the spring and in the fall. Even if all you can do is put a dollar a week in a plastic bank, consider the ant and start saving. And that’s the Bear Truth