In this section of the blog I’ll often add interesting quotes I have found.
Living on earth may be expensive, but it includes an annual free trip around the sun.
I can handle money!
I know how to spend money,
I know how to get into debt and
I know how to lose money.
A woman walks into a bank in New York City and asks for the Loans Officer. She says she’s going to Europe on business for two weeks and needs to borrow $5,000.
The bank officer says the bank will need some kind of security for the loan, so the woman hands over the keys to a new Rolls Royce. The car is parked on the street in front of the bank, she has the title and everything checks out. The bank agrees to accept the car as collateral for the loan.
The bank’s president and its officers all enjoy a good laugh at the woman for using a $250,000 Rolls as collateral against a $5,000 loan. An employee of the bank then proceeds to drive the Rolls into the bank’s underground garage and parks it there.
Two weeks later, the woman returns, repays the $5,000 and the interest, which comes to $15.41. The loan officer says, “Miss, we are very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multimillionaire. What puzzles us is why would you bother to borrow $5,000?”
The woman replies, “Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return?”
they don’t expect it back.
but it includes an annual free trip around the sun.
“Wall Street is the only place people ride to in a Rolls Royce to get advice from people who take the subway.”
– Warren Buffet
“Normal is getting dressed in clothes that you buy for work, driving
through traffic in a car that you are still paying for, in order to get to a job
that you need so you can pay for the clothes, car and the house that you
leave empty all day in order to afford to live in it.”
“Time is more valuable than money. You can get more money, but you cannot get more time.”
– Jim Rohn
An economist is someone who didn’t have enough personality to become an accountant.