Thursday, November 09, 2006

Thursday Thirteen

Last week I wrote about women and finances. This week I'm still on the money kick, so I'm adding 13 more ideas, proverbs, sayings and legends about money that apply to anyone.

1. Spend less than you earn, and you will be financially secure, especially if you invest that $1 you didn't spend today. If you are 20, spend $1,000 less a year than you earn, invest at 12.5%, and you'll have a million by age 60. If you are 40, spend $10,000 less than you earn, invest at 12.5% and you'll still have a million at 60. Ron Blue

2. Debt isn't the problem--but greed, self-indulgence, impulsivity, impatience, fear, self-image, self-worth, self-discipline, ignorance, stress, addictions and loneliness might need some work.

3. There are more verses in the New Testament about money than about heaven and hell; there are 500 plus verses on both prayer and faith, but over 2,000 verses dealing with money and possessions.

4. Ben Franklin wrote: Money never made a man happy yet, nor will it.

5. Money talks; it says good-bye. Source unknown.

6. Want to safely double your money? Fold it over once and put it in your pocket. Anon.

7. It's hard for Lutherans to lift their hands above their wallets. A visiting speaker at our church said that (forgotten his name but not the image)

8. I'm proud to be paying taxes in the United States. The only thing is--I could be just as proud for half the money. Arthur Godfrey

9. Never spend your money before you have it. Thomas Jefferson

10. My husband and I are considered "deadbeats" by the banking industry because we have no credit card debt, but we use them. However, Ron Blue suggests that just having a credit card will cause a family to spend 34% more, regardless of whether the full statement is paid off each month or not. Change to cash only if you really want to save.

11. Some couples go over their budgets very carefully every month; others just go over them. Sally Poplin

12. What some people mistake for the high cost of living is really the cost of high living. Doug Larson

13. Forget hybrids or foreign cars. The cheapest car to drive is the one you already own. Ron Blue. "Master your money," Moody, 2004.

Get the Thursday Thirteen code here!
The purpose of the meme is to get to know everyone who participates. Visiting fellow Thirteeners is encouraged! Leave a comment and I'll add your name and URL.

Visitors and visited:
Amy, Amy Blunders, BabyBlue, Barb, Barbara, Beckadoodles, Blessed Assurances, Brony, Bubba, Buttercup and Bean, Carey, Carmen, Caylynn, Chaotic Mom, Chelle Y., Cheryl, Cindy, CJ, Courtney, Dane, Danielle, Darla, Dawn, Denise, DK Raymer, Domestic Geek, Factor 10, Faerylandmom, Expressing myself, Firefly, Friday's Child, Gattina, Ghost, Irish Church Lady, It’s all about me, Jaime, Jane, Janeen, JB , Joan,, Joe, Joy Renee, Just Tug, Kate, Kathy, Kaye, Kelly,Kendra, Lady Bug, Lazy Daisy, Mrs. Lifecruiser, Lyndsay, Lynn, Ma, Mama Duck, Mar, C.A.Marks, Mary, May, Michelle, Mistress of the dark MommyBa, N.Mallory, Nat, Nathalie, Raggedy Randy, Ribbiticus, Shannon, The Shrone, Southern Girl, Sunny Days, Susan, Tammy, Titanium, TC, Test, Tigerprr, TNChick, Wendy,


33 comments:

Natalie said...

Wise list there, Norma. I listen to Dave Ramsey's podcast almost every day & went through his Financial Peace University classes. His advice goes right along with your list of quotes.

Anonymous said...

Great list! :) I love all the quotes. :) My husband and I pay off our credit card every month too, and in fact, we often transfer money on to it before making a purchase - it is often just more convenient to use a credit card, or you need to use a credit card (booking a hotel, booking a rental car, etc.)

Happy T13. :)

Anonymous said...

Thanks for sharing these quotes. We could sure all learn from them.

Happy Thursday!

Anonymous said...

Thanks for stopping by ~ I could learn a lot about money from your advice. Instead, I'm learning the hard way! :) But we're getting through it.

Happy Thursday!

ChupieandJ'smama (Janeen) said...

Excellent list!! Especially liked #2 and #11. All very true. Have a great week:D

Carmen said...

im like you, I use credit cards, but never carry a balance. I just can't justify paying the interest. :)

Uisce said...

I'm printing these quotes -- they're really great ones!! Happy TT!!

Anonymous said...

Thanks for posting those! They are some wise thoughts. I can't wait until these credit cards are paid off, and then we'll only use cash.

Happy TT!

Chaotic Mom said...

I never fully appreciated PAYING taxes until my special needs boys needed services USING those taxes. And thanks to those services, they will become better students and more productive citizens someday, paying back "into the system". ;)

I've posted my Thursday Thirteen, too. Enjoy!

Darla said...

Those are all wise quotes. My favorite is #12--so much spending has to do with your priorities.

Anonymous said...

Great advice! Saving is always a very good idea.

MaR said...

Clever list! I love your nr 13, I guess I am the only one among my friends who thinks that way!! I don't need a new car every 5 years..,
happy TT!

Lazy Daisy said...

Love the quotes and you are so right on. The new skin is nice too Norma.

Anonymous said...

My husband and I had a hard time buying our first home because we had never had a credit card or bought a brand new car or any of those things most people take for granted. We basically had no credit; which is worse, apparently, than having bad credit.

Fortunately, we were able to buy our home with the help of several utility companies vouching for us as good customers for ten years. It is frustrating the way our society is set up so that we almost have to have some form of debt.

Thanks for coming by to see my blog!

Anonymous said...

How about this quote by Bob Dylan:
"What's money? A man is a success if he gets up in the morning and goes to bed at night. What he does in between is what counts."

Or this one by Dorothy Parker:
"I don't know much about being a millionare, but I bet I'd be a darling at it."

Chelle Y. said...

Again, great advice! Thanks for visiting my TT this week!

Anonymous said...

Great tips! Thanks for sharing them.

CJ said...

Those are AWESOME tips, thank you so much!!

Anonymous said...

Great post as usual. Great tips, quotes and insights Norma.

Courtney said...

Another great list! Very true!

Unknown said...

This was probably the most needed message I have read. I personally need to be reminded that money should be managed carefully and should not be my focus in life either. I deeply appreciate your list! My TT list is up so please stop by and check it out. ~ Joe

tiggerprr said...

Great list! As we just bought our house a couple months ago, we're having to rearrange how we do a lot of things.

murrayT said...

Gee, I'm disappointed that you didn't quote me. You know..."Money is the route to evil"

Jane said...

Great advice. Money can be a real problem if you don't learn to control it (or yourself!).
Thanks for dropping by.

Natsthename said...

Wise financial advice!#12 is so true, too. Why does anyone really need a $3000 TV?

Julie said...

I love your list! It's amazing how many of them strike a chord with me! :)
I have my list up too.

http://liljuliebean.blogspot.com

Cindy Swanson said...

Great job on your list! There's some real wisdom here.

Anonymous said...

definitely good reminders for all. thanks for stopping by! ;)

Tanya said...

Some great words.

It's great to be back TTing.

And I love your wallpaper :)

The Shrone said...

I'm slow in making my TT rounds! Love the quotes and sound financial advice. It's taken me a couple of years to unlearn my poor spending habits, and I am proud to say that my husband and I are taking our finances much more seriously and we are working our way out of credit card debt. It has meant "going without" and living lean, but the reward is we actually do have more money for bigger things, like trips or projects.

Anonymous said...

Having a second child has made us a little crazy with the money again... we want our kids to have more than we did when we were kids. We haven't stopped to think, "I turned out OK despite it!"

A good though to ponder, considering Christmas is just around the corner.

Thanks for visiting my TT!

Anonymous said...

Excellent post! I was just watching a special today about more women becoming 'bag ladies' as they grow older.

I told my husband I have a fear of ending up a bag lady. He just rolled his eyes at me - but it could happen (especially the way HE spends! lol)

Thanks for visiting my TT :)

Wendy Ann Edwina D'Cunha e Pereira said...

i'm with you on the credit card... just tempts the family to spend more than it should... a very interesting list.