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I am looking for some famous quotes about money.  Any suggestions?

A lot has been said about money.  Some of it is mindless but much of it has some truth to it.

Charles Dickens observed: "Annual income, twenty pounds; annual expenditure, nineteen pounds; result, happiness. Annual income, twenty pounds; annual expenditure, twenty-one pounds; result, misery." Dickens got his advice from his father, a financial failure, and later used it for one of the characters in his book David Copperfield. Think about how does this applies to you; it's just this simple (and this difficult), to increase your happiness. Spend less than you earn.

Benjamin Franklin said "Beware of little expenses. A small leak will sink a great ship." The good news, he further counseled is that "a penny saved is a penny earned". Because of the taxes which come out of your pay, actually a penny saved and not spent is better than a penny earned. You may have to earn almost two pennies to be left, after taxes, with one. A Georgia governor once said "the only thing tainted about money is, it 'taint mine or 'taint enough."

Mark Twain, 35 years before the crash of October 1929, and 100 years before the October 1987 dramatic crash said," October is one of the singularly most dangerous months to speculate in stocks. Others are November, December, January, February, March, April, May, June, July, August and September".

If you want excitement bet $50 on the outcome of someone arm wrestling. Trading in and out, or "playing the market" with your money is not smart.  Invest in for the long haul honoring the principles of saving and investing.

Cynthia E. Crawford, Ph.D., Consumer & Family Economics Specialist, University of Missouri-Columbia, University Outreach & Extension

Last update: Wednesday, June 17, 2015