Saving money in a small business is key to paying off collected payroll taxes, tax return amount due, making an emergency fund, paying bills, paying subcontractors and employees, and giving to the owners. When you save properly, you can easily do what you want and replace what you need when you need it. This post will help motivate you with these wise money quotes.
When is World Saves Day?
Did you know there is World Saves Day? It is on October 31st. The holiday highlights the necessity of saving for the future. It is a great time to talk about how you are saving your money. How much overall are you saving? And do you adjust your savings amount over time to make sure you are saving the right amount? Reviewing your savings yearly will help you stay on top of updated life situations.
However, if you don’t save money, this post is for you! Below each quote, I am sharing a takeaway point that will help you understand the quotes more deeply.
Wise Money Quotes:
“Don’t go broke trying to look rich.” – unknown
The Takeaway: Looking like you are wealthy doesn’t add to your actual wealth. Keep your money. Show your strength by not spending.“Don’t go broke trying to look rich.” ~ unknown – Get more Wise Money Quotes That Will Motivate You To Save Click To Tweet
“He who buys what he does not need steals from himself.” – Swedish Proverb
The Takeaway: Wise spending is better than aimlessly spending your money.
“The price of anything is the amount of life you exchange for it.” – Henry David Thoreau
The Takeaway: Every penny you spend, you actually give your time (life) for that money.
“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett
The Takeaway: Your priority should be to save money; then what is leftover can be spent. Read a book called Profit First (Amazon Affiliate Link) to learn an easy strategy for doing this for you and your business.
“A budget is telling your money where to go instead of wondering where it went.” – John C. Maxwell
The Takeaway: In a business budget, being aware of how much you want to spend for each category will allow you to see what is a priority and what is not necessary.
“Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are.” – James W. Frick
The Wise Money Quotes Takeaway: Look at your budget, and it will tell you where your priorities lie.
“Save when you don’t need it, and it’ll be there for you when you do.” ― Frank Sonnenberg
The Takeaway: Saving money regularly will help you when you do need it.“Save when you don’t need it, and it’ll be there for you when you do.” ~ Frank Sonnenberg – Read more Wise Money Quotes That Will Motivate You To Save Click To Tweet
“Small amounts saved daily add up to huge investments in the end.” ― Margo Vader
The Takeaway: You don’t need to save a lot each month. Allocate 1% to start and work your way up to 10% of your monthly income.
“A simple fact that is hard to learn is that the time to save money is when you have some.” – Joe Moore
The Takeaway: Saving money is important and must be saved, even if it is a little, each month.
“You must gain control over your money, or the lack of it will forever control you.” -Dave Ramsey
The Takeaway: To have the power to get what you need, you must have money. To have money, you must make it a priority to save it when you don’t need it.
Never spend your money before you have it.” – Thomas Jefferson
The Takeaway: Do your spending after you receive your pay, not before.
“The way to get started is to quit talking and begin doing.” – Walt Disney
The Takeaway: Talking about saving money is nothing. Actually, saving money is what’s important.“The way to get started is to quit talking and begin doing.” – Walt Disney Read more Wise Money Quotes That Will Motivate You To Save Click To Tweet
Please read them and share your favorite thoughts below in the comment section.
Saving Money Tips:
Now that you’ve read these wise money quotes, how about reading some of our posts to help you with money management? Check out our collection below.
Everyone wants to be paid for their services, right? We don’t like to call and remind the client to send the check daily. We want our clients to be trustworthy and pay when the bill is due. Read more for tips.
It’s no secret that disasters happen even in business. But are you ready for it? How much money do you need in your small business emergency savings (Rainy Day fund) to help you in the case of those moments? Read more for tips.
I hope these wise money quotes and additional resource posts help you get your small. business in order and get ready for the next steps in your business. Please feel free to leave a question in the comment section about these quotes or where to start saving money.