75 Motivational Saving Money Quotes to Power You Through 2022

Personal finance is something that requires a lot of hard work and dedication, and let’s be honest – when you’re first getting started, it’s so incredibly hard to find motivation. Let’s keep you on the right track with these 75 investing, motivational and saving money quotes!

Investing

1 – “An investment in knowledge pays the best interest.” — Benjamin Franklin

The more knowledgeable you are, the better chance you have at deploying your money to work for you. There’s a reason this is the first quote on this list and it’s because education never ends – it must always continue!

2 – “Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” — Jim Rogers

Never assume that you’re at the bottom, because truthfully, nobody knows. Plan for the worst and hope for the best.

3 – “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu

4 – “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” — George Soros

Reminds me of the podcast tagline… “invest with a margin of safety…emphasis on the safety!”

5 – “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos

If you invest $100 and $90 goes to $0 while the other $10 gets a 100x payout, you just made your entire portfolio a ten bagger:

6 – Don’t look for the needle in the haystack. Just buy the haystack!” — John Bogle

For those that don’t want to buy individual stocks, the ETF is right for you, and John Bogle made that possible for everyone.

7 – “The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Phillip Fisher

Valuing companies is a lost art, and that’s why we stand behind the VTI and try to teach everyone how to determine their own intrinsic values of companies before investing.

8 – “In investing, what is comfortable is rarely profitable.” — Robert Arnott

9 – “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen

Savings accounts are the worst. You can keep your .01% interest, Fifth Third. I’m going to go invest in the market!

10 – If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.” — Carmen Reinhart

11 – “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu

Conviction. Have conviction in your analysis and be prepared to ride out the storm. If a stock that you love drops 20%, then you just were handed a great buying opportunity!

12 – The individual investor should act consistently as an investor and not as a speculator.” — Ben Graham

The Godfather himself spitting some wisdom! Focus on good business with a wide moat and clean balance sheet. Want to speculate? Ok, but it better be a dang small portion of your portfolio!

13 – “The biggest risk of all is not taking one.” — Mellody Hobson

“Investing is Risky” they say. Well, I say that earning .01% interest in a savings account and passing up historical stock markets of 10% annually is the true risk.

14 – Returns matter a lot. It’s our capital.” — Abigail Johnson

If you’re not making money, then what are we doing here?

15 – “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” — Robert Kiyosaki

A $500,000 salary is great, but if you spend $500,000 then it’s effectively worthless. I’d rather make $50,000 and save half my salary…

16 – Know what you own, and know why you own it.” — Peter Lynch

Ah, welcome to 2022. So many people get FOMO and buy stocks because it’s the new reddit theme. If you don’t know what you own then you’re not investing…you’re gambling.

17 – “We don’t prognosticate macroeconomic factors, we’re looking at our companies from a bottom-up perspective on their long-run prospects of returning.” — Mellody Hobson

18 – “Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” — Dave Ramsey

19 – Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” — Paul Samuelson

Now you can just go gamble on an app on your phone more than likely…and that app is called Robinhood. Instead, find great companies and again, know what the heck you’re investing in!

20 – “You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” — Peter Lynch

When the market drops, don’t panic. It’s a buying opportunity.

21 – “The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel

Be a shepherd, not a sheep.

Warren Buffett Staples

22 – “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1” — Warren Buffett

23 – “Remember that the stock market is a manic depressive.” — Warren Buffett

24 – “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” — Warren Buffett

25 – “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett

Slow and steady wins the race…don’t get ahead of yourself and bite off more than you can chew.

26 – “Wide diversification is only required when investors do not understand what they are doing.” — Warren Buffett

I love this quote so much. Diversification by nature is meant to de-risk your investments. If you have a high level of conviction and a time horizon to weigh out any turbulence, diversification is much less important.

27 – “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” — Warren Buffett

28 – “The most important thing to do if you find yourself in a hole is to stop digging.” — Warren Buffett

Nothing is a sunk cost. Don’t succumb to loss aversion. If you made a mistake, cut your losses and move into a new position where you have conviction.

29 – “Price is what you pay. Value is what you get.” — Warren Buffett

A $10 stock isn’t a deal because it’s $10. A $500 stock isn’t expensive because it’s $500. It’s all relative, and it’s imperative to understand the value.

30 – “Beware the investment activity that produces applause; the great moves are usually greeted by yawns.” — Warren Buffett

Boring is good. Boring is money.

31 – “Risk comes from not knowing what you are doing.” — Warren Buffett

Eh, I call BS Warren. When you don’t know what you’re doing, that’s not a risk. That’s called charity!

32 – “Never invest in a business you cannot understand.” — Warren Buffett

If you can’t explain to your peers what a company does, then it’s not investment worthy for you. As Albert Einstein says, “If you can’t explain it simply, you don’t understand it well enough.”

33 – “If returns are going to be 7 or 8 percent and you’re paying 1 percent for fees, that makes an enormous difference in how much money you’re going to have in retirement.” — Warren Buffett

How big of a difference? Well, 30 years of maxing out an IRA would equate to a nearly $130K difference:

34 – “The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.” — Warren Buffett

Find a business with a wide moat that’s hard to penetrate!

35 – “The three most important words in investing are margin of safety.” — Warren Buffett

Sound familiar? Sure does to me!

36 – “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” — Warren Buffett

37 – “Successful investing takes time, discipline, and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.” — Warren Buffett

Investing is something that you simply cannot rush, even if you’re Warren Buffett:

38 – “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” — Warren Buffett

Most of us do not have the aptitude to be able to trade in and out of stocks, and even if we do, we likely don’t have the risk appetite to be able to handle that. Instead, find companies with long track records of success and those that are in a great position in the future!

39 – “Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.” — Warren Buffett

Man, almost like I purposefully put this quote right after the previous one…is it hammered home yet?!

40 – “The stock market is designed to transfer money from the active to the patient.” — Warren Buffett

Be patient…

41 – “Do not take yearly results too seriously. Instead, focus on four or five-year averages.” — Warren Buffett

Yearly results are meaningless. The longer your time-horizon, the less the short-term performance matters. Just keep moving up and to the right!

42 – “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” — Warren Buffett

When the market drops, what do you do? Hopefully, not only will you not sell what you have (assuming nothing has fundamentally changed about your companies), but you’ll take that opportunity to empty your rainy day fund and load up!

43 – “The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch.” — Warren Buffett

Take your time to find good companies that work for you. Not only are there no called strikes, but consistent singles help keep your offense on the field and make sure you keep scoring!

44 – “There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor but you think you know something.” — Warren Buffett

Reddit – is Warren talking about you?

45 – “You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.” — Warren Buffett

A circle of competence is simply what you know best. That doesn’t mean it can’t change, and truthfully it should. It likely starts in the industry/sector that you currently work in but it can quickly expand with some education.

46 – “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” — Warren Buffett

47 – “For 240 years it’s been a terrible mistake to bet against America, and now is no time to start.” — Warren Buffett

There sure were a lot of good buying opportunities in the last…forever, as shown below:

48 – “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” — Warren Buffett

20% off is 20% off. Stay calm and understand that your portfolio isn’t screwed. Mr. Market is simply just giving you an opportunity to get some cheaper equity!

49 – “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.” — Warren Buffett

Remember 2020 and 2021 when everyone loved stocks? Well, that was great…but now those same investors are likely experiencing a lot of turbulence.

50 – “Speculation is most dangerous when it looks easiest.” — Warren Buffett

If you’re looking for simplicity then stay in the ETF world and you’ll be very happy with your returns. If you want to do better, we’re here to help.

Saving Money

51 – Do not save what is left after spending, but spend what is left after saving. – Warren Buffett

I know this is still Buffett but it has to be in the Saving Money section! Always pay yourself first instead of saving the leftovers. Retirement savings are not leftovers but arguably a top priority!

52 – He who buys what he does not need, steals from himself. – Swedish Proverb

Only buy what you really need. Every time you splurge, you’re stealing from your future self.

53 – Never spend your money before you have it. – Thomas Jefferson

Credit cards? Pay them off every single month..in FULL! If you can’t do that, cut them up right now. You’re stealing from your future self and paying an outrageous interest rate!

54 – It is great wealth to a soul to live frugally with a contented mind. – Lucretius

55 – You must gain control over your money or the lack of it will forever control you. – Dave Ramsey

I don’t like Dave very much, but he’s spot on here. YOU are in control of your money and until you believe this, your money will control you.

56 – 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

Doctor Budget does this for you if you’re struggling…

57 – “A bargain ain’t a bargain unless it’s something you need.” — Sidney Carroll

“Buy 2 get 1 free”. But we only needed 1…sound familiar?

58 – “Money looks better in the bank account than on your feet.” — Sophia Amoruso

This is so true. I’ve never had my bank account get wet during a rainstorm, either.

59 – “By definition, saving – for anything – requires us to not get things now so that we can get bigger ones later.” — Jean Chatzky

Delayed gratification. Saving is a principle that is a “must” for all to know.

60 – “Beware of little expenses; a small leak will sink a great ship.” — Benjamin Franklin

Early in your money journey it’s imperative to know exactly where all of your money is going. If not, you’re never going to find the true root cause of your spending issue. I can attest to this as someone that struggled for years with the, “well, this is a one-off expense” excuse.

61 – “A budget is telling your money where to go, instead of wondering where it went.” — John C. Maxwell

Budgets are great, post-audits of what you did are better, and planning where your money is going before you have it is the best!

62 – “The quickest way to double your money is to fold in half and put it in your pocket.” Will Rogers

Double? I think Will Rogers means tenfold. After all, a dollar saved today is worth $10 in 30 years.

Inspiration

63 – Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. – Ayn Rand

64 – Being a smart shopper is the first step to getting rich. – Mark Cuban

Buy what you need and find ways to buy it cheaper than you ever knew you could. Confused? Start small with some dinners under $3/plate!

65 – Empty pockets never held anyone back. Only empty heads and empty hearts can do that. – Norman Vincent Peale

Money is important in happiness but only to the point that your basic needs are covered. After that, it’s not going to cure any sort of sadness that you have in your life, so don’t bank on it. Pun not intended.

66 – It is thrifty to prepare today for the wants of tomorrow. – Aesop

Saving 101.

67 – Small amounts saved daily add up to huge investments in the end. ― Margo Vader

This is so true. I mean literally like just saving $7 by packing lunch adds up!

68 – “Wealth is the ability to fully experience life.” — Henry David Thoreau

69 – “When I was young I used to think that money was the most important thing in life; now that I am old, I know it is.” — Oscar Wilde

Money can provide opportunities that you might not ever have thought you’d have, so take the time now to invest in the knowledge of how your money can work for you.

70 – “Someone’s sitting in the shade today because someone planted a tree a long time ago.” — Warren Buffett

You can’t overwater a tree to catch up on procrastinating in your planting process. No matter how little you have, start the process now!

71 – “Stop buying things you don’t need, to impress people you don’t even like.” — Suze Orman

Nobody thinks you’re cool cause you have a Tesla… especially when it’s repossessed.

72 – “A budget doesn’t limit your freedom; it gives you freedom.” – Rachel Cruze

Budgeting is simply just living within your means. When you know what you earn, you know what you can spend, and it’s freeing to know those amounts and to live the way you want within those confines.

73 – “Budgeting is not just for people who do not have enough money. It is for everyone who wants to ensure that their money is enough.” – Rosette Mugidde Wamambe

Preach. Budgeting is all about planning and money preservation.

74 – “The poor and the middle-class work for money. The rich have money work for them.” – Robert Kiyosaki

Investing…that’s all this is!

75 – “Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn’t, pays it.” Albert Einstein

The power of compounding is the most important lesson with investing. Once you understand compounding, you will fully grasp the importance of investing early and often.

Hopefully you’re feeling motivated and inspired to either get started or stay on track with your investing journey! Staying on track is not something that’s easy and it’s even harder to get started if you’ve fallen off the tracks.

Get up, dust yourself off, and feel free to personally reach out to me at andy@einvestingforbeginners.com to be a sounding board – we’re all in this together!

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