10 Best Financial Planning Quotes

Financial planning isn’t easy or fun. No one wants to be researching index funds when they could be spending their money on new clothes, cars and gadgets.

But if your money’s not in order, your life isn’t in order. So, how do you master your money? There’s a ton of advice out there. Your best bet is to learn from the experts.

Here are 10 quotes from the masters of financial planning.

  1. “There are a few Big Wins in life where — if you simply get them right — you almost never have to worry about the small things. If you can focus on the 5-10 Big Wins, rather than 50 little things, you can have an insurmountable edge in life.”

-Ramit Sethi

Focus on what’s important so you don’t have to sweat the small stuff. Worrying about how many gourmet lattes you’re buying is pointless. Instead, get the big stuff right–like earning more and automating your savings.

  1. “A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.”

-Suze Orman

People sometimes think financial planning is too restrictive, and they’d rather spend their money without restrictions. In fact, the opposite is true. When your money is taken care of, however, you’ll actually be less restricted because you’ll be liberated from worries about financial emergencies.

  1. “We buy things we don’t need with money we don’t have to impress people we don’t like.”

-Dave Ramsey

Following the crowd often results in impulsive purchases. Buy what you really need, not what other people think you need.

  1. “Participate in total diversification. The economy will do fine over time… That’s what most people should do, buy a cheap index fund, and slowly dollar cost average into it. If you try to be just a little bit smart, spending an hour a week investing, you’re liable to be really dumb.”

-Warren Buffett

Most people aren’t financial experts–and don’t need to be. So, keep it simple. Instead of trying to beat the market or take big risks for high reward, actively manage your funds by purchasing some reliable index funds and bonds.

  1. “Love people and use money. Don’t love money and use people.”

–Steve Down

Remember that money isn’t everything. It’s a means to an end. Always put people above money. Interestingly, when you put people above money, you’ll often make more money.

  1. “The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more.”

-Tony Robbins

There’s a limit on how much you can save, but not on how much you can earn. How do you earn more? Add value.

  1. “The difference between successful people and others is how long they spend time feeling sorry for themselves.”

-Barbara Corcoran

Everyone makes mistakes with their money. Don’t use a temporary setback as an excuse to give up.

  1. “The bottom line is this: by focusing on happiness itself, you can lead a much better life than those who focus on convenience, luxury, and following the lead of the financially illiterate herd that is the TV-ad-absorbing Middle Class of the United States (and other rich countries) today.”

-Peter Adeney (aka Mr. Money Mustache)

The line between what we want and what we need is blurry. Sometimes what seems like a need is actually a luxury. Learn the difference.

  1. “My saving philosophy is that stacking all of these methods is the most effective way to save, rather than depending on just one or two.”

-Kyle Taylor

Don’t put all your eggs in one basket. The scheme you use to create wealth today could dry up tomorrow.

  1. “Whatever that dream is that you have, begin to invest for it early.”

-Sallie Krawcheck
The most important rule of financial planning is to start as early as possible. If you’re not investing, you’re losing money.