TDD’s Favorite Money Quotes

Words can be a powerful thing.  This is true of money quotes.  They can inspire and motivate us in an instant.

So what are some inspirational or motivational quotes about personal finances?

Well obviously there’s, “They say money cannot buy happiness, but we say if you save more and spend less you will be happier.” said by yours’ truly.  And, “Don’t be a dummy. Save your money!” also said by The Dancing Dollar.  But what about the quotes that inspired me to save.

Some of my favorite inspiring money quotes include:

“Don’t give up what you want most for what you want now.”

– Jentzen Franklin

I’ve loved this one since high school.  If you want to be financially free from all form of debt, then you need learn to ignore A LOT.  Modern life has become obsessed with possessing material items.  Let’s face it we live in a material world and those things are just not for those of us who want financial freedom.  So put on your best blinders and just keep saving.

“Use it up, wear it out; make it do, or do without.”

– Boyd K. Packer

This thrifty and frugal quote speaks volumes to this day and age.  A time when technology is advancing quicker than ever; electronics are more disposable than ever means that we should be happy with what we have.  We should use what we’ve got and make it last.

“It’s not your salary that makes you rich; it’s your spending habits.”

– Charles A. Jaffe

Just because you envy a doctors life, doesn’t mean you know the whole story.  That doctor might live paycheck to paycheck just like so many lower class individuals.  Struggling can be caused or avoided by our spending habits.  This is why it is so important to develop smart spending habits early on, so when you make more you remain unblemished by debt.

“Every time you borrow money you’re robbing your future self.”

-Nathan W. Morrisein

A great reminder that debt can stop our future selves from doing all that we wanted.  What you want in the future is greatly affected by what debt you choose to take on, so do you best to avoid it.

“Do what you have to do until you can do what you want to do.”

-Oprah Winfrey

Financial freedom often time involves sacrifices and a level of discomfort in the beginning, but these things have their reward.  By making these sacrifices now you won’t have to in the future.  Living in slight discomfort now means living a more than comfortable life later.  It takes now to create financial freedom in the future.

“Never spend your money before you have it.”

– Thomas Jefferson

This speaks perfectly about credit cards.  Avoid borrowing money you don’t have to pay for purchases.  You run the risk of paying much more for the item(s) per credit card interest and not fully appreciating what you’ve bought on credit.

“You will win with money when you decide that your family’s future is more important than any new toy you want to buy.”

-Dave Ramsey

Let’s bring it home with this one.  It’s all about our families, right?  We should be putting our family’s needs before our own needs.  This involves finances as well.  Before making any purchase we should ask ourselves if it is going to take away from our family’s future.






The day you no longer have to think about it is the day you’ve won.  Focus on the longer term instead of the short term; it’s so much better.

Words can be powerful, especially when we connect with them in a certain way.  We can learn lessons without experience, if we listen to the messages of these and other wise money quotes.  Figure out what you need change in your life to gain financial freedom and do it.

Take action: Choose one of the quotes from above and write it down on a note card.  Stick it somewhere you will see it daily.

Tawnya is the founder of The Dancing Dollar, a blog about frugality & personal finance.  She writes about how frugal living can help other individuals & families live [happily] below their means.  She & her husband are on the path to pay off their home in less than half the time.  Click here to learn more.