10 Financial Tips from the Rich & Famous

Posted on August 27, 2012 by popadmin

Many famous people are not only notable for their particular talent, such as singing or acting, but also for his or her lavish lifestyle. Many people even go out and purchase certain items and services based on a celebrity endorsement. So, knowing that the rich and famous are known for the high expenditures, why would you ever want to take financial advice from them? Well, most of them probably have more money than you do, so it’s worth a shot, right? Here are some of the top financial quotes/tips from the rich & famous:

1. “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” -Will Smith

2. “There’s no money in poetry, but then there’s no poetry in money, either.” -Robert Graves

3. “October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” -Mark Twain

4. “Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.” -Ben Franklin

5. “Old men are always advising young men to save money. That is bad advice. Don’t save every nickel. Invest in yourself. I never saved a dollar until I was forty years old.” -Henry Ford

6. “My old father used to have a saying: If you make a bad bargain, hug it all the tighter. ” -Abraham Lincoln

7. “The safe way to double your money is to fold it over once and put it in your pocket.” -Frank Hubbard

8. “A bank is a place that will lend you money if you can prove that you don’t need it.” -Bob Hope

9. “Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you’re generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don’t make.” Donald Trump

10. “If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich.” -Mark Cuban

Now some of these celebrities may not know much about credit card processing services or merchant account services, but their businesses and financial security seem to have held up over the course of time. Do you have a good celebrity quote about money and finance? Comment below and include it!

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