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Top 60 Money Myths, & Funny Money Quotes

 

There is a lot of myths and misinformation that surrounds the personal finance and investing arena. From a young age I can recall hearing things like “money doesn’t grow on trees”, “money is the root of all evil” and the list continues. As I got older, I started to question some of the myths, funny quotes and parables that would float around family discussions pertaining to money. Since a teenager I have been on a life long journey to understand the economy, money and what myths are true and where some of the popular quotes have come from. Below is a short list in no particular order….

• “My Partner manages the money, so I don’t need to worry about it”
• “Money can’t buy friends, but you can get a better class of enemy.”
• “A fool and his money are soon married.”
• “Some couples go over their budgets very carefully every month, others just go over them.”
• “I don’t need an emergency fund. I have credit cards”
• “A bank is a place that will lend you money if you can prove that you don’t need it.”
• “Money is not the most important thing in the world. Love is. Fortunately, I love money.”
• “Buying a Home is better than Renting”
• “Money is like a sixth sense without which you cannot make a complete use of the other five.”
• “Money cannot make you happy, but neither can poverty”
• “I have always paid income tax. I object only when it reaches a stage when I am threatened with having nothing left for my old age – which is due to start next Tuesday or Wednesday.”
• “Never depend on one single source of income, make investments to create a second”
• “Saving is a very fine thing. Especially when your parents have done it for you.”
• “If you want to know what God thinks about money, just look at the people He gives it to.”
• “Money flows like water, that’s why its called “current-sea”
• “God shows his contempt for wealth by the kind of person he selects to receive it.”
• “The poor have more children, but the rich have more relatives.”
• “Most people work just hard enough not to get fired and get paid just enough money not to quit.”
• “The great rule is not to talk about money with people who have more more or much less than you.”
• “Anyone who lives within his means suffers from a lack of imagination.”
• “A banker is a man who lends you an umbrella when the weather is fair, and takes it away from you when it rains.”
• “It’s a recession when your neighbour loses his job, it’s a depression when you lose your own.”
• “Money is the opposite of the weather. Nobody talks about it, but everybody does something about it.”
• “Wanna see how people really are? Wait till money is involved”
• “Don’t stay in bed unless you can make money in bed”
• “They say money doesn’t solve all problems, but it will surely solve all of mine”
• “Someday I want to be rich. Some people get so rich they lose all respect for humanity. That’s how rich I want to be.”
• “Wealth – any income that is at least one hundred dollars more a year than the income of one’s wife’s sister’s husband.”
• “Money frees you from doing things you dislike. Since I dislike doing nearly everything, money is handy.”
• “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.”
• “I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.”
• “Money does not buy you happiness, but lack of money certainly buys you misery.”
• “Expect the best. Prepare for the worst. Capitalize on what comes.”
• “Making money is a common sense. It’s not rocket science. But unfortunately, when it comes to money, common sense is uncommon.”
• “Advertising is the art of convincing people to spend money they don’t have for something they don’t need.”
• “The safest way to double your money is to fold it over and put it in your pocket.”
• “Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed.”
• “Wealth is like sea-water; the more we drink, the thirstier we become; and the same is true of fame.”
• “To acquire money requires valor, to keep money requires prudence, and to spend money well is an art.”
• “Money may not buy happiness, but I’d rather cry in a Bentley than on a bus.”
• “When I had money everyone called me brother.”
• A wise person should have money in their head, but not in their heart.”
• “My problem lies in reconciling my gross habits with my net income.”
• “There are two times in a man’s life when he should not speculate: when he can’t afford it, and when he can.”
• “Blessed are the young, for they shall inherit the national debt.”
• “The income tax has made more liars out of the American people than golf has.”
• “There are three books my daughter felt were the most important influences in her life: the Bible, her mother’s cookbook, and her father’s checkbook.”
• “There’s a way of transferring funds that is even faster than electronic banking. It’s called marriage.”
• “A dollar picked up in the road is more satisfaction to us than the 99 which we had to work for, and the money won at Faro or in the stock market snuggles into our hearts in the same way.”
• “Money, it turned out, was exactly like sex, you thought of nothing else if you didn’t have it and thought of other things if you did.”
• “Formal education will make you a living; self-education will make you a fortune.”
• “Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
• “Don’t let the fear of losing be greater than the excitement of winning.”
• “If money is your hope for independence, you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.”
• “I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too.”
• “Everyone wants to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.”
• Be careful to leave your sons well instructed rather than rich, for the hopes of the instructed are better than the wealth of the ignorant.”
• “Money grows on the tree of persistence.”
• “The more you learn, the more you earn.”

Thanks for reading the list I put together. I would love to hear from you in the comment section some popular phrases, quotes and myths you may have heard about money over the years…