Finance Motivational Quotes

When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.

Your comfort zone is a place where you keep yourself in a self-illusion and nothing can grow there but your potentiality can grow only when you can think and grow out of that zone.

Your VISION and your self-willingness is the MOST powerful elements to conquer your goal

The middle class were invented to give the poor hope; the poor, to make the rich feel special; the rich, to humble the middle class.

Autumn is a momentum of the natures golden beauty…, so the same it’s time to find your momentum of life

Your traditional EDUCATION is not going to CHANGE your life but the life you are experiencing that can change you. Choose a POSITIVE life STYLE with positive ATTITUDE which could bring you a life with HAPPINESS and WISDOM

Your every positive action in your life will increase your self-esteem and this self-esteem will boost you for more positive action to take you on success

How you think and create your inner world that you gonna become in your outer world. Your inner believe manifest you in the outside

If you are not EXCITED enough at your present life its mean your future is not EXITING. Excitement will give you ENTHUSIASM and enthusiasm will give you a positive energetic LIFE STYLE which could give you a successful exiting life…

Another myth of necessity is that killing is an economic imperative. While an economic motive has driven many violent ideologies--the economy of the New World was largely buttressed by slavery, and the plundering of gold and other assests as well as the unpaid labor of Nazi victims financed the German war machine--that doesn't mean the economy would collapse were the killing to cease. It is far more likely that the economic status quo would break down; the carnistic-corporate power structure, rather than the citizenry, would suffer were carnism abolished.

We can't all be bakers or chefs. Many of us have modest ambitions. But we can all buy a piece of the pie.

Your money habits and investment strategy is not all about what you do, but much about who you are. Become the person it takes to do, succeed, and innovate.

CONFIDENCE is not showing off your VANITY, it’s about to be HUMBLED and KIND to others what are you truly SKILLED and PROFESSIONAL about…

Give yourself a great self-respect to know who you are then your confidence will shine on you

See money – currency - as the flow of energy and giving that cycles between you, others and me. Now let it flow kindly, fairly and mindfully.

You will never learn to fly unless you jump!

A certain way to have financial security in life is not enough savings, but enough ability.

If you ask me I think the greatest breakthrough each and everyone of us need is not on finance, marriage, work, relationship, own house, car but self. The first breakthrough should start from being selfish.

70% of Americans live paycheck to paycheck. Seven out of ten people you walk past going down the sidewalk are broke. You can model your life after them, and you will be one of them. Or you can mode your life after the weird people. Because wealth is unusual. It’s not normal. So you have to engage in unusual behaviors and habits to create unusual results

People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.” -Zig Ziglar

People are an organization's most valuable asset and the key to its success. - Dave Bookbinder

REJECTION is kind of your negative ILLUSION which has no value but it’s give you a CLUE to go for next level of your ACTION.

Selling is a sacred trust between buyer and seller.

Either you create million excuses or you create million rupees. But you cannot create both.

Chase after money and the stuggering race will never end; but reach out for successful ideas and the sources of money will chase after you to fill your pockets.

when you become addict in to MATERIAL things in life then the TRUE natural life start to run away from you, YES! it's can give you certain pleasure in the society but in the same time it will sabotage your true HAPPINESS of life which we could have simply with GRATITUDE and FORGIVENESS

Money on its own is nothing but peace of paper, and a million kwacha's today maybe worth only two bags of Irish potatoes in 10 years time due to inflation. Don't keep your millions at the bank and boost that your rich, those are just papers, put them on the investments that covers for inflation as well.

Locate things that motivate you and surround yourself with people that inspire you

The first step towards improving your finances, is to avoid bad choices that have a high consequential financial liability attached to them.

The choice is simple - Learn or get left.

Setting a goal is like to set your destination point in your life GPS which could take you to your desire position as you dreamed about...

Making a product is just an activity, making a profit on a product is the achievement.

Many will want what you have, but few will do what you do.

The strength of your personal financial resources is equivalent to the quality of your financial decision making.

Be the light and source of inspiration that others see

Bad decisions are more costly than the expensive goods you hesitate to buy.

The motives of the troika and Greece's domestic oligarchy are obvious. Debt is creditor power, and unsustainable debt gives creditors exorbitant power.

If you think rightly, every problem is financial problem or eventually becomes one.

If you wish to be a great family-man learn philosophy of people, if you wish to be a great businessman learn philosophy of finance.

The motivation for taking on debt is to buy assets or claims rising in price. Over the past half-century the aim of financial investment has been less to earn profits on tangible capital investment than to generate “capital” gains (most of which take the form of debt-leveraged land prices, not industrial capital). Annual price gains for property, stocks and bonds far outstrip the reported real estate rents, corporate profits and disposable personal income after paying for essential non-discretionary spending, headed by FIRE [Finance, Insurance, Real Estate]-sector charges.

Here you think the incentive to work is finances, need for money or desire for profit, but where there's no money the real motives are clearer, maybe. people like to do things. They like to do them well.

But even if men wanted to read the truth about their condition, women would still be the decisive factor. Though both men and women read, women are in addition the big consumers. Since women do most of the buying, most advertising campaigns are aimed directly or indirectly at them. Since most Western papers are financed largely through advertising, they cannot risk displeasing women by their editorial content; the day on which they do so, they would hear from their advertisers in no uncertain terms. Men would not stand a chance, even if they wanted to publish independent opinions about women, of being published in any medium addressing both sexes, as the great majority do. The same is true of television, financed as it is in most Western countries by advertisers, promoters, publicity aimed at consumers. Here too the editorial content must pass female censorship. It is not pre-censored, of course, but subject to a censorship which functions on the principle that the producer is done for if the product does not sell. The producer is therefore motivated to avoid catastrophe by censoring himself.

Somehow it was not the fault of the born adventurers, of those who by their very nature dwelt outside society and outside all political bodies, that they found in imperialism a political game that was endless by definition; they were not supposed to know that in politics an endless game can end only in catastrophe and that political secrecy hardly ever ends in anything nobler than the vulgar duplicity of a spy. The joke on these players of the Great Game was that their employers knew what they wanted and used their passion for anonymity for ordinary spying. But this triumph of the profit-hungry investors was temporary, and they were duly cheated when a few decades later they met the player of the game of totalitarianism, a game played without ulterior motives like profit and therefore played with such murderous efficiency that it devoured even those who financed it.

Sons, any man who is considered a success in life owes a lot to society. We have been very blessed, my dear sons. We have to show our appreciation to our society for making that possible. A time will come when you will meet other Kamerunians who share the same vision for this land. I am advising you to make them partners in our common goals when that time comes. We shouldn’t shy away from playing a formidable role in financing that political force that shall emerge. We must use our influence to ensure that it succeeds.

Social entrepreneurs are among the most dynamic engines of the cooperative movement. Where corporate moguls work for personal enrichment, these civic-minded business leaders work for the cooperative equivalent, which is a desire to generate community self-reliance, abolish poverty, and enhance community economic well-being by improving housing, food, transportation, energy, health, finance, and a host of other products and services. Their motivations are not selfishly financial; they are far deeper, rooted in both the human spirit and the pervasive sense of community that human beings have striven to express throughout history. As the economist Jean Monnet once said, “Without community, there is crisis.

Reading this book, you will probably get motivated to take a major faith step, but life can stare you back in the face and tell you that you are stupid to believe that God will answer your prayer. The bottom line is, GOD CAN DO IT, and He will do it if you let Him. Numbers, 23:19 states, “God is not a man, that he should lie, nor a son of man, that he should change his mind. Does he speak and then not act? Does he promise and not fulfill?” Your entrepreneurial dream may seem impossible, but God can do it. Your finances might be in the worst shape that you have ever experienced in your life, but God can fix it. You might not have the education or the skill that you know is required to follow through on your dream, but God can supplement it. Will you trust Him to do it?

Bollywood's economic workings are more mysterious. It still exists in what was known as the informal and high-risk sector of the Indian economy. Banks rarely invest in Bollywood, where moneylenders are rampant, demanding up to 35 percent interest. The big corporate houses seem no less keen to stay away from filmmaking. A senior executive with the Tatas, one of India's prominent business families, told me, "We went into Bollywood, made one film, lost a lot of money, and got out of it fast," adding that "the place works in ways we couldn't begin to explain to our shareholders." Since only six or seven of the two hundred films made each year earn a profit, the industry has generated little capital of its own. The great studios of the early years of the industry are now defunct. It is outsiders- regular moneylenders, small and big businessmen, real estate people, and, sometimes, mafia dons- who continue to finance new films, and their turnover, given the losses, is rapid. Their motives are mixed: sex, glamour, money laundering, and, more optimistically, profit. They rarely have much to do with the desire to make original, or even competent, films.

While being a hippie kind of person, you should still be responsible.

Do not work harder; spend your money smarter.

7s are often incomprehensible and mysterious. They are often called unsolved mysteries or dark horses, which makes them intriguing to some, and to others, just people who could be considered

Seekers are also often calm and quiet and have a natural inclination to being alone, and to working on their own. They

The degree to which you value the currency in your possession; is a reflection of your daily potential good or bad investment choices.

Growth is an on going endeavour.

Growth is an ongoing endeavour.

A corrupt and dynastic political party is antithetical to the rule of law and to carefully crafted constitutional checks and balances to prevent abuse of power. A tendency towards autocracy and consequent institutional subversion is inevitable with a party thus configured. The result is a prime minister bereft of real power, subservient to the dynastic head and a mute spectator to the loot and plunder of the nation’s resources; a president who is a loyal camp follower and will faithfully rubber stamp the decisions ordained by the dynasty: witness how unhesitatingly President Fakhruddin Ali Ahmed signed the Proclamation of Emergency at Mrs. Gandhi’s bidding in 1975 and ponder whether Mrs. Pratibha Patil, (besieged as she was by her co-operative sugar factory in liquidation, her co-operative bank bankrupt, and her family embroiled in the murder case of a popular intra-party rival in Jalgaon at the time of her nomination by Mrs. Sonia Gandhi), would have done otherwise; or for that matter whether President Pranab Mukherjee, whose many acts of subversion of the Constitution during the Emergency have been documented by the Shah Commission, is so radically transformed that he would now protect it; a judiciary accused of judicial overreach when it censures the government or brings its ministers to book while its inconvenient judgments are subjected to review or Presidential Reference; a CAG whose findings against the government’s decisions are vilified as being patently erroneous, in excess of jurisdiction and even motivated, although that august body, the Constituent Assembly had opined that as the guardian of the nation’s finances, the CAG was as important a Constitutional functionary as the justices of the Supreme Court; a CVC appointed despite the taint of corruption and over the protest of the leader of the Opposition, whose appointment was finally quashed by the Supreme Court; and a CBI whose only role on empirical evidence is to falsely implicate political opponents and wrongly exonerate the regime’s members and cronies.

How Much Money Can We Afford To Give To Charity? Knowing how much money you can safely give to charity is challenging for everyone. Who doesn’t want to give more to make the world a better place? On the other hand, no one wants to become a charity case as a result of giving too much to charity. On average, Americans who itemize their deductions donate about three or four percent of their income to charity. About 20% give more than 10% of their income to charity. Here are some tips to help you find the right level of donations for your family: You can probably give more than you think. Focus on one, two or maybe three causes rather than scattering money here and there. Volunteer your time toward your cause, too. The money you give shouldn’t be the money you’d save for college or retirement. You can organize your personal finances to empower you to give more. Eliminating debt will enable you to give much more. The interest you may be paying is eating into every good and noble thing you’d like to do. You can cut expenses significantly over time by driving your cars for a longer period of time; buying cars—the transaction itself—is expensive. Stay in your home longer. By staying in your home for a very long time, your mortgage payment will slowly shrink (in economic terms)with inflation, allowing you more flexibility over time to donate to charity. Make your donations a priority. If you only give what is left, you won’t be giving much. Make your donations first, then contribute to savings and, finally, spend what is left. Set a goal for contributing to charity, perhaps as a percentage of your income. Measure your financial progress in all areas, including giving to charity. Leverage your contributions by motivating others to give. Get the whole family involved in your cause. Let the kids donate their time and money, too. Get your extended family involved. Get the neighbors involved. You will have setbacks. Don’t be discouraged by setbacks. Think long term. Everything counts. One can of soup donated to a food bank may feed a hungry family. Little things add up. One can of soup every week for years will feed many hungry families. Don’t be ashamed to give a little. Everyone can do something. When you can’t give money, give time. Be patient. You are making a difference. Don’t give up on feeding hungry people because there will always be hungry people; the ones you feed will be glad you didn’t give up. Set your ego aside. You can do more when you’re not worried about who gets the credit. Giving money to charity is a deeply personal thing that brings joy both to the families who give and to the families who receive. Everyone has a chance to do both in life. There Are Opportunities To Volunteer Everywhere If you and your family would like to find ways to volunteer but aren’t sure where and how, the answer is just a Google search away. There may be no better family activity than serving others together. When you can’t volunteer as a team, remember you set an example for your children whenever you serve. Leverage your skills, talents and training to do the most good. Here are some ideas to get you started either as a family or individually: Teach seniors, the disabled, or children about your favorite family hobbies.

Money does not dictate your lifestyle, it's what you do to get it and how you manage your finances that determines your lifestyle.

Be a source of motivation wherever you are as a believer

No one cultivates in a stony-ground, instead he cultivates in a soft-rich ground. Do not expect people to invest in you if you're a lazy type.

If you can survive and won the battle over other millions of semen deposited alongside with you in your mothers womb, tell me why you cannot win the battle over challenges, difficulties and poverty? Friend, I know you will succeed because; you'd once done it in the womb.

Our financial decisions aren’t purely financial. Like ordinary consumer purchases, financial choices have three benefits: utilitarian (what it does for me), expressive (what it says about me) and emotional (how it makes me feel). As we manage our finances, we might insist our goal is strictly utilitarian, and that all we want to do is make money. But in truth, we often make decisions for expressive or emotional reasons, and these other motivations can hurt our stated goal of greater wealth.

Financial literacy not only involves the ability to count your money, it also tests your ability to evaluate the cost and benefit associated with each decision you make.

The motives to sell during a market capitulation are rarely rooted in a long-term plan. If they were, the market would never be oversold.

The motivation to break even is so tempting that you'll even consider doing so at greater levels of risk than you'd typically accept. If you've heard the expression "double or nothing," you've seen this bias in action.

What a characteristic mix of high and low motives!

Climate change is the biggest threat facing the world. And Erick Miller has a big idea to tackle it. Miller, a frenetic L.A.-based entrepreneur and venture investor, has worked in Hollywood, invested in early dot-coms, and had a vital role in developing Snapchat’s highly popular spectacles. Now he wants to “tokenize the world” through his investment fund CoinCircle. As part of that, he and his partners have come up with a term they call “crypto-impact-economics.” Out of this concept, Miller and a team that includes UCLA finance professor Bhagwan Chowdhry and World Economic Forum oceans conservationist Gregory Stone came up with two special value tokens: the Ocean Health Coin and the Climate Coin. Those tokens would be issued to key stakeholders in the global climate problem, a mix of companies, governments, consumers, NGOs, and charities, who could use them to pay for a range of functions having to do with managing carbon credits and achieving emission and pollution reductions. The idea includes a reserve of tokens controlled by the World Economic Forum to manage the value of the global float of coins. The meat of the proposal involves a plan to irrevocably destroy some of the coins in reserve whenever international scientific bodies confirm that improvements in pollution and carbon emission targets have occurred. That act of destroying tokens, through a cryptographic function, will increase the surviving tokens’ scarcity and thus their value. The point: holders are motivated to act in the interests of improving the planet now, not tomorrow.

First we lose, then we win in Life." Recently many people in the IT and Tech sectors are facing a difficult phase of their life. I had similarly faced a difficult phase in the Finance sector in the year 2008. We all have gone through failures in life. But that should not stop us from trying for success. Staying hopeful and working toward our goals bring us an opportunity to achieve success.

he lost his temper more than once at the journalists who questioned his motives for resigning a little too closely.

For years, he failed to keep track of his business’s finances—it just never seemed urgent enough. But small bookkeeping errors added up until the business was in serious jeopardy. That, of course, meant his family’s welfare, security, and relationships were in jeopardy, as well. Without a profitable business, they couldn’t afford their home, their Disney vacation, or even their five-year-old daughter’s dance lessons.

Businesses are the heartbeat of the economy, the foundation of community development through job creation and resource fulfillment of the nations supply and demand.

The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.

That’s the ground motive of Spirit-directed, Christ-mediated prayer—to simply know him better and enjoy his presence. Consider how different this is from the normal way we use prayer. In our natural state we pray to God to get things. We may believe in God, but our deepest hopes and happiness reside in things as in how successful we are or in our social relationships. We therefore pray mainly when our career or finances are in trouble, or when some relationship or social status is in jeopardy. When life is going smoothly, and our truest heart treasures seem safe, it does not occur to us to pray. Also, ordinarily our prayers are not varied—they consist usually of petitions, occasionally some confession (if we have just done something wrong). Seldom or never do we spend sustained time adoring and praising God. In short, we have no positive, inner desire to pray. We do it only when circumstances force us. Why? We know God is there, but we tend to see him as a means through which we get things to make us happy. For most of us, he has not become our happiness.

I never knew a man who had better motives for all the trouble he caused.” —GRAHAM GREENE, The Quiet American

Consider, for example, the strange and fascinating story of Mohammed; analyze his life, compare him with men of achievement in this modern age of industry and finance, and observe how they have one outstanding trait in common, persistence!

Your business and finance mentor helping you achieve success with business, finance, and real estate solutions. Small business startup, small business funding, real estate investment. Dare to think and act differently from the majority and you will be amazed at what you can accomplish. Join me on my journey to achieve success and let me help begin your journey. By sharing my experience, allow me to motivate you to understand there are other options available and you don't have to do what everyone else is doing. By sharing my tips, let me guide you down the road less traveled where opportunities are abundant. You can follow your dreams and you can make them come true!

Frequent suggestions were made during the course of the trial that the motives of the donor and the donees alike, in carrying out this transaction, were to escape death duties. I feel constrained to dispose once and for all of these suggestions by the short answer that the existence or otherwise of such motives is irrelevant, excep as evidence for or against the bona fides of the transactions. There is the highest authority for the proposition that, if a man can lawfully so order his affairs that the payment of revenue duties of any kind is reduced or avoided altogether, there is no legal objection to his doing so. Whatever may be thought as the the morality of such transactions in these times from the point of view of patriotism and public spirit, there is no ground for ignoring their legal effect, unless such transactions be proved to be amere sham, such as those falling within the words 'not bona fide' in the act of 1894, or the phrase 'artificial transaction' in the Finance Acts of more recent years. Attorney General vs. Goneril Albany in re the estate of King Lear, MORE LEGAL FICTIONS

Immerse yourself in good books. Read one to two hours per week if you can, more if time permits. Become acquainted with the literary classics. Read as much as you can on personal improvement (self help), history, people, business, and finances. Study the great works of the philosophers. Study scriptures and read about religions and anything that adds value to religious beliefs. Invest in yourself! Learn as much as you can and become a student of life. You can learn a great deal from the experiences of others, from their great successes and also from their failures. Everything you read becomes part of you. Carefully choose what you read on a daily basis. Be very careful with what you choose to read. The words you choose to read play an important role in your personal development and overall outlook on life. Be open-minded about what you read and often take what you read with a grain of salt. Much of what we read is written through colored lenses and is the summation of someone else’s thought, habit, education, beliefs, and past and present life experiences.

Obama’s failure to act has been blamed on his inexperience, his unfamiliarity with finance and business, and a personal tendency to avoid conflict (or, to be blunt, on his being a coward). Some, including my colleague Charles Morris, also feel that the political system is now so gridlocked and dysfunctional that transformative policy changes are simply no longer feasible by anyone, so that Obama really couldn’t have done anything even if he had tried. If so, then we’re really screwed. But if anyone had a shot, it was Barack Obama in 2009, and he didn’t try. Admittedly, it would have taken real personal courage, and it would have been a hard fight—Wall Street would not have just rolled over. The logic and incentive structures of America’s political duopoly are such that in taking the path of least resistance, Obama was surely acting in his, and his party’s, rational self-interest. But whatever Obama’s personal motivations, America (and indeed the whole world) will pay dearly for his failure for a long time.

Wealth is not limited; rather it grows. It grows whenever man exerts energy.

Getting rich takes focus, courage, knowledge, expertise, 100% of your effort, a never give-up attitude and a deep desire & commitment.

You should never be satisfied with a little if you are capable of using and enjoying more.

Stop praying to God to change your marriage or your finances because you might end up seeing that you are the one that need the change not your marriage or finances.

It is not in God’s nature to control us, so if we begin to work in a lesser way than we were designed to, he can only invite us into a higher place. If we do not respond to God when he draws us, then we become stumbling blocks because of our own self-centered desires. Even good Christian people can become the enemies of what God wants to accomplish: If their agenda and will do not imitate his, then they are against His. This is why it is so important to let our spirit and understanding be disciplined by God’s Word so that we can comprehend his desires and will. The main reason our desires do not match those of heaven is that we are motivated by materialism and pride, which Satan loves to play off of and manipulate. We may then use the very attributes God has given us to gain a selfish status that is counterproductive.

Take every chance to enhance your skills and advance your dreams. Remember that in every instance, your persistence will attract the right finance.

Up-front investment to try to professionalize the supply side early on in a network’s development inevitably comes with risk. In a well-publicized misstep for Uber, the company sought to expand its supply side by financing vehicles to provide cars to potential drivers who didn’t own vehicles, a program called XChange Leasing. The hypothesis was that this should push these drivers into power-driver territory quickly. Payments could be automatically deducted from their Uber earnings, and their driver ratings and trip data could be used to underwrite the loans. XChange Leasing unfortunately lost $525 million and failed to professionalize the driver side of the market. The problem was, it attracted drivers highly motivated by money—usually a positive—but who didn’t have high credit scores for good reason. They often failed to make payments, using their Uber-provided car to drive for competitors and avoid the automatic deductions. They would steal the cars and sell them for, say, half price. They would drive for Lyft instead of Uber, as a way to avoid the automatic payment deductions—they would try to have their cake and eat it, too. Uber needed to organize a massive repossession effort to get the cars back, but it was too late—many had been sold illegally, some finding themselves as far away as Iraq and Afghanistan, GPS devices still attached and running. This is a colorful example of how scaling the supply side, when a lot of capital is involved, can be tricky.

DON'T DESIRE ANYTHING, JUST BE DESERVING.

The lack of motivation may have you believe that you're a "bad" employee, which can't be further from the truth.

Consuming all your income leads to financial insecurity; but earning to invest paves the way to financial freedom.

These conditions were all provided for by the Boomers’ elders, who worked and saved to ensure that the fiscal house was in reasonable order when it was passed down. Doing so required older generations to tax themselves at rates that no politician today, however far Left, would dare propose. When possible, it was pay as you go, so unlike more recent wars, the Korean War was substantially financed out of current tax receipts, as were many of the great infrastructure projects, whose costs were overwhelmingly borne by earlier generations even though later generations would reap so much of their benefit. In cases where no level of tax could balance the budget, as was the case with World War II, prior generations retired the debt as quickly as possible. Motivated by fiscal probity, Americans paid extraordinary taxes for two decades, with the highest marginal rate a downright confiscatory 94 percent in 1945 (against which today’s 39.6 percent, the source of so much present angst, seems modest).17 The result of these sacrifices was that, by the 1960s, World War II debt had been reduced to a manageable size. Taxes could therefore be lowered, though the top rate remained a hefty 70 percent.

Ironically, and unbeknown to local Communists themselves, the Red Brigades and the Red Army Fraktion—like the similarly motivated but ineffectual Cellules communistes combattantes in Belgium, Action Directe in France and other, even smaller operations elsewhere—were financed in part with money supplied by the Soviet secret services. This cash was not part of any coherent strategy: it was paid out, rather, on general principles—the enemies of our enemies, however absurd and insignificant, are still our friends.

A smooth sea never produced a Skilled Sailor.

Figuring out why you want to pay off your debt is key to paying it off. Retirement was not enough of a reason for me. Having nice things and a nice house didn’t motivate me. But the thought of being able to stay home with my future kids got me going. And when I was discouraged during the middle period of our debt payoff, imagining long-term work flexibility kept me going.

It turns out that there was good reason to be skeptical. Thanks in large part to increased transparency, the financial services world is now unhealthily tied to an annual compensation cycle. The desire to be paid the most each and every year has created perverse incentives directly impacting almost every facet of the banking and investment world. As the focus on and opportunity for outsized compensation in the financial industry has shifted from investment banking to the investing world, the short-term compensation arms race has moved to the realms of private equity, hedge funds, and managers of public market securities. Given investment managers’ desire to boost their annual—and, in some cases, quarterly—compensation, they’re motivated to pursue strategies that maximize returns on an annual basis, rather than allowing for longer hold periods. As such, these annual compensation structures often lead to shorter-than-ideal investment horizons and lower relative returns, all at the expense of investors—and, arguably, at the expense of the long-term compensation of the investment managers themselves. This was not always the way things were done. Of course it happened, but much less when the investment strategy wasn’t so laser-focused on an annual bonus cycle.

Here is a thought, a terrifying and dispiriting thought, to motivate improvement in your marriage—to scare you into the appalling difficulties of true negotiation. Every little problem you have every morning, afternoon, or evening with your spouse will be repeated for each of the fifteen thousand days that will make up a forty-year marriage. Every trivial but chronic disagreement about cooking, dishes, housecleaning, responsibility for finances, or frequency of intimate contact will be duplicated, over and over, unless you successfully address it.

The predisposition to mismanage finances creates the pathway for a perilous financial journey.

MLS Comments: Another great indicator of seller motivation is the language in the listing. If the listing uses words like “needs TLC,” “all offers considered,” “cash only,” “quick closing,” “will not qualify for financing,” etc., you are likely dealing with a seller who is more motivated.

It is interesting to note that Mesopotamian legal codes guaranteed property rights to an even greater extent than they guaranteed what we now call human rights. For instance, a person had the right to sell him- or herself into slavery or pledge his or her liberty as collateral for a loan. This seems cruel and exploitive, but it may have been efficient. A study by the economist M. Darling of the rural economy of the Punjab in modern times suggests a disturbing thing about human nature—people work harder and produce more when they are in debt.2 Darling found that crop yields for farmers in debt typically exceeded yields from unencumbered farmers. Farmers in the Punjab may have faced foreclosure, but for the ancient inhabitant of Ur, the motivation was even greater. Debtors were often forced to sell themselves into slavery.

The conclusions that Garfinkle and Van De Mieroop draw from these remarkable archives is that even when economic intermediaries served at the pleasure of a larger economic entity, they nevertheless acted as economically motivated agents. By 2000 BCE, roughly a millennium after the appearance of the concept of interest, even highly controlled economies needed a way to manage the complex intertemporal needs. If Ur III was not a market economy per se, it clearly was a financial one. Finance facilitated the complex external intermediation demanded by the city-state.

Don’t plan or make a financial decision that is dependent on another person without letting them know first.

Financial contracts are typically struck between someone who wants to shift value to the present and someone who wants to shift value to the future. There are two broad reasons for shifting money to the present: consumption and production. The consumption motive is the need for cash to cover current expenses, to buy food, to pay medical bills, or to deal with some other unforeseen cost.