Financial Literacy Quotes

Grit, persistence, adaptability, financial literacy, interview skills, human relationships, conversation, communication, managing technology, navigating conflicts, preparing healthy food, physical fitness, resilience, self-regulation, time management, basic psychology and mental health practices, arts, and music—all of these would help students and also make school seem much more relevant. Our fixation on college readiness leads our high school curricula toward purely academic subjects and away from life skills. The purpose of education should be to enable a citizen to live a good, positive, socially productive life independent of work.

The words consent of the governed have become an empty phrase. Our textbooks on political science and economics are obsolete. Our nation has been hijacked by oligarchs, corporations, and a narrow, selfish, political, and economic elite, a small and privileged group that governs, and often steals, on behalf of moneyed interests. This elite, in the name of patriotism and democracy, in the name of all the values that were once part of the American system and defined the Protestant work ethic, has systematically destroyed our manufacturing sector, looted the treasury, corrupted our democracy, and trashed the financial system. During this plundering we remained passive, mesmerized by the enticing shadows on the wall, assured our tickets to success, prosperity, and happiness were waiting around the corner.

Ironically, the universities have trained hundreds of thousands of graduates for jobs that soon will not exist. They have trained people to maintain a structure that cannot be maintained. The elite as well as those equipped with narrow, specialized vocational skills, know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don’t expect them to save us. They do not even know how to ask the questions, And when it all collapses, when our rotten financial system with its trillions in worthless assets implode and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded, as the rest of us.

A person either disciplines his finances or his finances disciplines him.

Is it really an asset if it doesn’t provide income?

Retired soldiers are the worst sufferers when they engage in financial operations. I have found that their credulity far exceeds that of widows--and that is saying a good deal.

The assault on education began more than a century ago by industrialists and capitalists such as Andrew Carnegie. In 1891, Carnegie congratulated the graduates of the Pierce College of Business for being “fully occupied in obtaining a knowledge of shorthand and typewriting” rather than wasting time “upon dead languages.” The industrialist Richard Teller Crane was even more pointed in his 1911 dismissal of what humanists call the “life of the mind.” No one who has “a taste for literature has a right to be happy” because “the only men entitled to happiness… is those who are useful.” The arrival of industrialists on university boards of trustees began as early as the 1870s and the University of Pennsylvania’s Wharton School of Business offered the first academic credential in business administration in 1881. The capitalists, from the start, complained that universities were unprofitable. These early twentieth century capitalists, like heads of investment houses and hedge-fund managers, were, as Donoghue writes “motivated by an ethically based anti-intellectualism that transcended interest in the financial bottom line. Their distrust of the ideal of intellectual inquiry for its own sake, led them to insist that if universities were to be preserved at all, they must operate on a different set of principles from those governing the liberal arts.

Financial literacy makes it okay for you to make small or big mistakes. On the other hand, being financially illiterate only makes those mistakes dire and regrettable.

You will never appreciate the value of financial literacy until the price of ignorance overwhelms you

The best trust you can ever give to your children is financial literacy

Think a little differently from the herd and see things they can’t or won’t.

An empty mind is more dangerous than an empty wallet

Choosing to invest in income-generating assets allows you to break free from the shackles of a limited income, opening doors to a world of possibilities.

Those who master money are free to serve others still mastered by it.

Saving money is for fools. The wise achieve the very same or even better result by simply not wasting money.

The goal is not to simply make more money. The goal is to make your money do more.

Those who advise you against taking risks are limiting your pathways to opportunity and wealth.

Radical economic transformation is not a quality you demand from the government, radical economic transformation is a quality you demand from yourself

Any so-called 'radical' strategy that seeks to empower the disempowered in the realm of social reproduction by opening up that realm to monetisation and market forces is headed in exactly the wrong direction. Providing financial literacy classes for the populace at large will simply expose that population predatory practices as they seek to manage their own investment portfolios like minnows swimming in a sea of sharks. Providing microcredit and microfinance facilities encourages people to participate in the market economy but does so in such a way as to maximise the energy they have to expend while minimising their returns. Providing legal title for land property ownership in the hope that this will bring economic and social stability to the lives of the marginalised will almost certainly lead in the long run to their dispossession and eviction from that space and place they already hold through customary use rights.

You are your most valuable asset, you must take care of yourself so that your quality of life can also appreciate with time. Your health (mental, physical or otherwise) should be where you are most invested because health is your wealth.

Instead of buying a Mercedes, you can buy a Toyota; and then use the extra money that you would have spent every month, for about five years, on the installment, fuel, and insurance to buy shares in the company that owns Mercedes … or the one that owns Rolls Royce.

Mother Nature convincingly suggests that those who stay scared and run with the herd are more likely to stay alive. As investors around you behave irrationally and the news describes a miasma that will last for years, it’s easy to lose sight of your well-laid plans. It’s tempting to join the herd…

Many school programs seem to offer either The Cultural Literacy Track or The Vocational Track. The Cultural Literacy programs are designed for the “smart kids” who are going to go on to ever-higher levels of both education and financial success. This track, with no pretense of being real world, includes classes on classics, foreign languages, and math theory (such as calculus). It is a curriculum based on “teach what has been taught.” The Vocational programs are for the “remedial kids” who are going to have only blue-collar futures if they are in high school (taking classes such as wood working) or inflexible paraprofessional paths if they are in college (such as degrees in physical therapy). This two-tier approach is an immoral sorting system with crippling consequences. Maybe worse, it also presents a false dichotomy. Instead, true wisdom comes from a synthesis of those two perspectives and more. The

The Passionate Educator: Lily Lapenna has created MyBnk, the UK’s first independent, peer-led youth banking program approved by the national banking regulator. In doing so, Lapenna is developing the next generation of financially literate and entrepreneurial citizens. Such literacy will be crucial as the UK economy struggles to avoid another recession. In just five years, thanks to its partnership with dozens of schools and youth organizations, MyBnk has evolved from a pilot project to now reach thirty-five thousand 11-25 year olds in underprivileged neighbourhoods of London. These tech-savvy youth learn about managing money and the basics of entrepreneurship through cellphone-based games.

Jumpstart Coalition’s national financial literacy

Wall Street treats all crises the same despite the fact that people react to the threat of war very differently from other crises like disease, systemic medical incompetence, or the failure to maintain a country’s transportation infrastructure.

I wish that financial literacy classes were offered, when I was in high school.

Make money with your mind, not your time.

I'm all for accelerating children's knowledge of technology and financial literacy while building leaders, innovators, and creators for a decentralized future.

To Crypto or Not to Crypto that is the Question that leads to demise.

Those who slip into this illusion ignore the signs of impending disaster. The physical degradation of the planet, the cruelty of global capitalism, the looming oil crisis, the collapse of financial markets, and the danger of overpopulation rarely impinge to prick the illusions that warp our consciousness,.

A loan is often birthed to kill another.

I have said it before, but it’s worth repeating. Financial intelligence is made up of these four main technical skills: 1.​Accounting Accounting is financial literacy, or the ability to read numbers. This is a vital skill if you want to build businesses or investments. 2.​Investing Investing is the science of money making money. 3.​Understanding markets Understanding markets is the science of supply and demand. Alexander Graham Bell gave the market what it wanted. So did Bill Gates. A $75,000 house offered for $60,000 that cost $20,000 was also the result of seizing an opportunity created by the market. Somebody was buying, and someone was selling. 4.​The law The law is the awareness of accounting corporate, state and federal regulations. I recommend playing by the rules.

The saving of money is usually the delaying of the wasting of money.

There is no law against living below your means (and then saving and/or investing what is left).

Financial IQ, or financial intelligence, is what makes that possible. It’s made up of four things: accounting (financial literacy, or the ability to read numbers and evaluate the strengths and weaknesses of any business), investing (the science and strategies of money making money), understanding markets (the science of supply and demand, and market conditions), and the law (tax advantages and protections).

Credit makes it possible for us to waste money before we have the money.

Making money and growing it while keeping the majority is a powerful combination of financial literacy. At school, you are not being taught how to get those.

Michael Sandel has raised concerns about these very effects, arguing that cash payments can crowd out intrinsic motivations and the values that underpin them. He points, as an example, to the Earning by Learning programme, set up in low-achieving primary schools in Dallas, Texas, which paid six-year-old children $2 for every book that they read. Researchers found that the children’s literacy skills improved over the year, but what effect might such payments have on their longer-term motivation to learn? ‘The market is an instrument, but not an innocent one,’ Sandel remarks. ‘The obvious worry is that the payment may habituate children to think of reading books as a way of making money, and so erode, or crowd out, or corrupt the love of reading for its own sake.’51 Despite such concerns, financial incentives are increasingly being introduced in social realms, bringing our market identities—as consumers, customers, service providers and workers—to the forefront of our attention.

Planning your finances right is a one week or a one month process and being able to live a fulfilling life thereafter is the lifetime progress

Financial independence begins when you think less about how much your money can buy and start thinking more about what your money can earn.

If you have a problem that money can solve, then you don't have a problem, you have a temporary inconvenience.

Until your money starts working for you, you will always be working for your money.

Financial literacy can bring awareness to employees inside the workplace. This can provide awareness that may lead to a change in behavior. A happy employee is a productive employee

Financial freedom doesn't mean to be free from money troubles. Financial freedom actually means freedom from obsession of dollar bills.

Financial Freedom (The Sonnet) Financial freedom doesn't mean, To be free from money troubles. Financial freedom actually means, Freedom from obsession of dollar bills. When the mind learns to distinguish, Between luxury and actual necessity. That's the beginning of financial freedom, That's the beginning of economic stability. Modern economy is the antithesis of sustainability, Where financial freedom is bait to the suckers. Actual necessities of life are very little, But first you gotta break free from the predators. We gotta wake up from materialism to be free. Or else, scheme after scheme we'll be ever unfree.

accounting (financial literacy, or the ability to read numbers and evaluate the strengths and weaknesses of any business), investing (the science and strategies of money making money), understanding markets (the science of supply and demand, and market conditions), and the law (tax advantages and protections).

Financial literacy is the ability to read and understand financial statements which allows you to identify the strengths and weaknesses of any business.

You need to prioritize spending your money in such a way that it grows over time. Money that grows will buy you more things in the future than cash right now.

of the Deep Southern oligarchy has been consistent for over four centuries: to control and maintain a one-party state with a colonial-style economy based on large-scale agriculture and the extraction of primary resources by a compliant, poorly educated, low-wage workforce with as few labor, workplace safety, health care, and environmental regulations as possible. On being compelled by force of arms to give up their slave workforce, Deep Southerners developed caste and sharecropper systems to meet their labor needs, as well as a system of poll taxes and literacy tests to keep former slaves and white rabble out of the political process. When these systems were challenged by African Americans and the federal government, they rallied poor whites in their nation, in Tidewater, and in Appalachia to their cause through fearmongering: The races would mix. Daughters would be defiled. Yankees would take away their guns and Bibles and convert their children to secular humanism, environmentalism, communism, and homosexuality. Their political hirelings discussed criminalizing abortion, protecting the flag from flag burners, stopping illegal immigration, and scaling back government spending when on the campaign trail; once in office, they focused on cutting taxes for the wealthy, funneling massive subsidies to the oligarchs’ agribusinesses and oil companies, eliminating labor and environmental regulations, creating “guest worker” programs to secure cheap farm labor from the developing world, and poaching manufacturing jobs from higher-wage unionized industries in Yankeedom, New Netherland, or the Midlands. It’s a strategy financial analyst Stephen Cummings has likened to “a high-technology version of the plantation economy of the Old South,” with the working and middle classes playing the role of sharecroppers.[1] For the oligarchs the greatest challenge has been getting Greater Appalachia into their coalition and keeping it there. Appalachia has relatively few African

Financial literacy programs can lead your employees to be more confident in handling their finances and avoid tons of bad debts.

Financial freedom is not free, most of the time, it will cost you years of hard-earned money. Are you willing to pay the price?

You can only profit off of your popularity if you have a product you are selling. A positive image is desirable but yields no financial gains. 

I wish that financial literacy was taught when I attended high school, not so long ago

The researchers also identified which words or phrases best differentiated between repayers and defaulters. Repayers were more likely to use words and phrases related to their financial situation (e.g., “interest” and “tax”) or improvements in financial ability (e.g., “graduate” and “promote”). They also used words and phrases that indicated their financial literacy (e.g., “reinvest” and “minimum payment”) and were more likely to discuss topics such as employment and school, interest rate reductions, and monthly payments. Defaulters, on the other hand, used distinctly different language. They were more likely to mention words or phrases related to financial hardships (e.g., “payday loan” or “refinance”), for example, or hardship more generally (e.g., “stress” or “divorce”), as well as words and phrases that tried to explain their situation (e.g., “explain why”) or discuss their work state (e.g., “hard work” or “worker”). Similarly, they were more likely to plead for help (e.g., “need help” or “please help”) or touch on religion. In fact, while people who used the word “reinvest” were almost 5 times more likely to repay their loan in full, those who used the word “God” were almost 2 times more likely to default.

The myth of “buying power” functions as propaganda working to deny the reality of structural, intentional and necessary economic inequality required to maintain society as it is, one that benefits an increasingly decreasing number of people. To do this the myth functions to falsely blame the poor for being poor. Poverty, the myth encourages, is the result of the poor having little to no “financial literacy,” or as resulting from their bad spending habits, when in reality poverty is an intended result of an economic and social system.

Empowering young adults through financial education is akin to arming them with a shield against unforeseen financial penalties - a tool they can carry throughout their lives.

Ignorance and unreadiness walk hand in hand, blind to the opportunities that lie within the pages of knowledge.

Money is not understood by many, even though many earn it and only a few master it.

Role-playing exercises allow students to step into the shoes of different financial personas, such as a borrower, a lender, or an investor.

Simulated scenarios can effectively emulate real-life financial situations in a controlled environment. By engaging in these exercises, young adults can practice making informed decisions without facing the real-world risks.

Financial literacy lessons should be introduced at an early stage of schooling. Basic concepts like budgeting, saving, and the importance of credit should be integrated into the curriculum. This approach ensures that young minds absorb essential financial knowledge at the right time.

In today's complex financial landscape, young adults face a daunting reality: financial tests often manifest in real life, with repercussions that can have lasting impacts on their financial well-being.

Financial education is a map that illuminates the path to prosperity, ensuring that young adults don't stumble over fees and penalties in their pursuit of financial freedom.

The price of financial ignorance is high - young adults must be equipped with classroom knowledge to avoid the heavy toll of real-world penalties and fees.

The real test of financial competency lies beyond the classroom walls; young adults must ace it with the financial knowledge they've cultivated through education and practice.

Children mirror their parents' financial values, learning through the lens of their financial decisions.

The greatest inheritance parents can give their children is not money, but the knowledge of how to manage it wisely.

Parents, your wallet is your child's first financial textbook.

Invest wisely, for time is the fuel that ignites the flame of future wealth.

When you pour more into the river of desires than your reservoir of dedication can sustain, you risk flooding the fields of your potential.

Planting small seeds of spending adds up to a forest of missed investment opportunities.

The art of prosperity lies in knowing when to say "no'" to expenditures that eclipse the brilliance of your financial goals.

The journey to financial freedom commences when you shift your focus from earning a salary to accumulating assets that generate a continuous stream of income.

Financial success is when your desire for returns on your money is greater than a need for the return of your money.

Children are like sponges, absorbing their parents' attitudes and behaviors towards money. It's crucial for parents to be mindful of their financial actions and lead by example.

When parents openly communicate about money matters, they empower their children to develop a healthy understanding of financial concepts, fostering a positive relationship with money.

Children observe their parents' reactions during financial challenges. By demonstrating resilience, adaptability, and resourcefulness, parents can inspire their children to overcome financial obstacles with confidence.

By instilling a sense of delayed gratification in their children, parents can teach them the importance of patience and long-term financial planning, preparing them for a prosperous future.

When you embrace the mindset of an asset builder, you embark on a transformative journey towards building a life where money and time are no longer synonymous.

The art of prosperity lies in knowing when to say "no" to expenditures that eclipse the brilliance of your financial goals.

The art of prosperity lies in knowing when to say 'no' to expenditures that eclipse the brilliance of your financial goals.

Prayers for Magnetic Financial Breakthroughs is not a common prayer book, but a framework to help you overcome financial obstacles. This book offers more than just prayers; it provides biblical principles to handle your finances with wisdom, as well as affirmations, inspiration, and prompts to reflect on what actions you can take to manifest the abundance that is your birthright.

When we make the world a better place, the world makes us better people.

Consider your life a philanthropic venture, where the true return on investment is measured in the positive transformations you inspire. Your wealth is the intangible, immeasurable impact you've had on the lives of others.

The single most powerful asset that we all have is our mind. If it is trained well, it create enormous welth.

Like a well-nourished body, a healthy cash flow is essential for the vitality of your financial future.

If you are always spending a dollar here and a dollar there, you will never have enough dollars to invest and share.

Retirement is when your financial statement says: Relax I’ll take it from here.

If you’re not focused on enhancing your financial literacy and you’re leaving the decision-making up to others, in most cases, they’re going to do what’s best for them, not what’s best for you.

Because a lack of basic financial literacy keeps our working class working.

Fear and comfort zone make people financially miserable. The reasons are lack of financial literacy, concrete goals & limited vision. Enhance your skill, willpower, knowledge and make a strategy to invest in different assets class for long-run. Be happy and make all happy forever.

Financial intelligence is made up of these four main technical skills: 1. Accounting Accounting is financial literacy, or the ability to read numbers. This is a vital skill if you want to build businesses or investments. 2. Investing Investing is the science of money making money. 3. Understanding markets Understanding markets is the science of supply and demand Alexander Graham Bell gave the market what it wanted. So did Bill Gates. A $75,000 house offered for $60,000 that cost $20,000 was also the result of seizing an opportunity created by the market. Somebody was buying, and someone was selling. 4. The law The law is the awareness of accounting, corporate, state and federal regulations. I recommend playing by the rules.

I remind people that financial IQ is made up of knowledge from four broad areas of expertise: 1.​Accounting Accounting is financial literacy or the ability to read numbers. This is a vital skill if you want to build an empire. The more money you are responsible for, the more accuracy is required, or the house comes tumbling down. This is the left-brain side, or the details. Financial literacy is the ability to read and understand financial statements which allows you to identify the strengths and weaknesses of any business. 2.​Investing Investing is the science of “money making money.” This involves strategies and formulas that use the creative right-brain side. 3.​Understanding markets Understanding markets is the science of supply and demand. You need to know the technical aspects of the market, which are emotion-driven, in addition to the fundamental or economic aspects of an investment. Does an investment make sense or does it not make sense based on current market conditions? 4.​The law A corporation wrapped around the technical skills of accounting, investing, and markets can contribute to explosive growth. A person who understands the tax advantages and protections provided by a corporation can get rich so much faster than someone who is an employee or a small-business sole proprietor. It’s like the difference between someone walking and someone flying. The difference is profound when it comes to long-term wealth.

Patience and discipline are the secrets to the compounding effect that yields the greatest successes in life.

Financial literacy begins the process of earning more for what you know and less for what you do.

A child’s financial lessons aren’t taught. They are experienced through the actions of the parents.

All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.

I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conqured . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

Through the use of constitutional contortion, the United States has created a national demand for fiat currency. Maintaining the illusion of the dollar's value requires that the monetary authorities avoid reckless increase of the U.S. money supply. Historically speaking, such increases have had disastrous effects upon the purchasing power of the underlying currency. Avoiding a dollar collapse requires a personal faith among the American public in the Fed's willingness and ability to keep the currency in a limited supply.