FTG Blog - 15 Money Management Tips from World Renowned Experts

15 Money Management Tips from World Renowned Experts

When it comes to making financial decisions and managing your money (money management), who do you ask for tips or advice? It’s always a good idea to consult with experts, and that’s why we’ve gathered the following bits of financial wisdom. Here are 15 money management tips from experts that you can apply to your own trading, investing, saving, and financial planning:

“Beware of little expenses. A small leak will sink a great ship.”

Benjamin FranklinFounding Father of the United States

“I believe that through knowledge and discipline, financial peace is possible for all of us.”

Dave RamseyAmerica’s Trusted Voice on Money

“Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.”

Donald TrumpPresident of the United States

“Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.”

Benjamin FranklinFounding Father of the United States

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

Warren BuffettBusiness Magnate

“You must walk to the beat of a different drummer. The same beat that the wealthy hear. If the beat sounds normal, evacuate the dance floor immediately! The goal is to not be normal, because as my radio listeners know, normal is broke.”

Dave RamseyAmerica’s Trusted Voice on Money

“An investment in knowledge pays the best interest.”

Benjamin FranklinFounding Father of the United States

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

Warren BuffettBusiness Magnate

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”

Robert G. AllenAuthor & Investor

“Every once in a while, the market does something so stupid it takes your breath away.”

Jim CramerTelevision Personality

“The individual investor should act consistently as an investor and not as a speculator.”

Ben GrahamInvestor & Economist

“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 KiyosakiAuthor & Investor

“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 RamseyAmerica’s Trusted Voice on Money

“The four most dangerous words in investing are: ‘this time it’s different’.”

Sir John TempletonFund Manager & Philanthropist

“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 LynchMutual Fund Manager