Children are sponges – they are going to absorb whatever is around them, so we need to be intentional about what surrounds them.
Someone who never has fun with money misses the point. Someone who never invests money will never have any. Someone who never gives is a monkey with his hand in a bottle.
Measure your wealth not by the things you have, but by the things for which you would not take money.
A good plan, violently executed now, is better than a perfect plan next week. – George S. Patton.
I tell everyone never to take more than a fifteen-year fixed-rate loan, and never have a payment of over 25 percent of your take-home pay. That is the most you should ever borrow.
Savings without a mission is garbage. Your money needs to work for you, not lie around you.
Henry Ford said, “Those who never make mistakes work for those of us who do.
A year of intense exercise and watching what you eat will likely change the trajectory of your life physically. You will melt away fat, tone up muscle, feel better, and change your habits, likely for life. But only ten days of that exercise program won’t move the needle on the scale. To create big-time success you have to stay focused and stay intense over an extended period of time.
Most people won’t change until the pain of where they are exceeds the pain of change.
You have to reach the point that what people think is not your primary motivator. Reaching the goal is the motivator.
If you as a leader allow people to halfway do their jobs and don’t demand excellence as a prerequisite to keeping their job, you will create a culture of mediocrity.
Hope is steel covered in velvet. It can seem soft and cuddly, but hope is at the core of what makes people become what God designed them to be. Hope and its sister, faith, always create action.
Debt is so ingrained into our culture that most Americans cannot even envision a car without a payment, a house without a mortgage, a student without a loan, and credit without a card. We.
We are scaling down” is a painful statement to make to friends or family.
Requiring nothing of a child gives them no opportunity for failure or success.
You must sell benefits, not products.
Humpty Dumpty is hard to put back together, and so is trust.
Money is finite. There is not an infinite supply. That’s something a lot of people have trouble remembering these days. In a time when crazy mortgages, car loans, student loans, and credit cards make you believe anyone can purchase anything at any time with no consequences, it’s easy to forget that money has limits.
The reality is that Murphy doesn’t visit as much, but when he does, we hardly notice his presence. When Sharon and I were broke, our heating-and-air system quit, and the repair cost $580. It was a huge, hairy deal. Recently I had a new $570 water heater installed because the old one started leaking, and I hardly noticed. I wonder if the stress relief that your Total Money Makeover provides will allow you to live longer?
I learned early on that work creates discipline, and when you have discipline in your life, you are a healthier person.