Financial Aphorisms via Doug Rice
Posted on May 4, 2009
Filed Under Aphorisms | 4 Comments
Tax preparation season has now passed, and surely we mourn that it is gone, but the trauma of this time put me in mind of financial aphorisms, spurred mostly by coming across the following quote from an auditor for the Inland Revenue, the U.K. tax authority: “The trick is to stop thinking of it as ‘your’ money.” Truer words were never spoken. Right on cue, Doug Rice, a financial planner in the San Francisco Bay Area, sent me his own compilation of pecuniary apophthegms, which he has compiled into Quipped Quotes: Reflections on Conventional Wisdom, a little book he distributes to friends and clients. The book is made up of a financial aphorism followed by a brief meditation by Doug on what the saying means for our practical financial lives. A selection follows, beginning with some of Doug’s own quotable quips…
To show the courage of your convictions requires you to have convictions in the first place. —Doug Rice
If your checkbook balances, chances are so does your life. —Doug Rice
We all know how the size of sums of money appears to vary in a remarkable way according as they are being paid in or paid out. —Julian Huxley
Creditors have better memories than debtors. —Benjamin Franklin
A bank is a place that will lend you money if you can prove that you don’t need it. —Bob Hope
My problem lies in reconciling my gross habits with my net income. —Errol Flynn
When prosperity comes, do not use all of it. —Confucius
My idea of a group decision is to look in the mirror. —Warren Buffett
The public is right during the trend but wrong at both ends. —Humphrey Neill
When a person with experience meets a person with money, the person with experience will get the money. And the person with money will get some experience. —Leonard Lauder
Things refuse to be mismanaged long. —Ralph Waldo Emerson
Believe nothing, no matter where you read it, or who said it—even if I have said it—unless it agrees with your own reason and your own common sense. —Budhha
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4 Responses to “Financial Aphorisms via Doug Rice”
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All my life I despised money, but it never made me rich.
I always enjoy passing up a good opportunity.
Money isn’t everything but you’ll never convince money.
“Money bends ideas.” “Ideas lead money.” “Money and ideas speak a mutually incomprehensible language.”
It seems that…the colour of money is always green when it grows, but turns red when it shrinks… Which goes to show you: keep your money to yourself, and nobody can take it from you except the tax man; but only because it’s really his anyway… And we all need some good financial advice, just to “nobble” his intentions.
Money is a good servant but a cruel master.