![mo money mo problems quote mo money mo problems quote](https://quotessayings.net/pics/trying-to-get-money-quote-by-rob-zombie-1133024.jpg)
Now that he’s an adult, he sees the value in being mindful of his spending so he can boost his savings rate while he’s still fairly young. Joseph Hogue of My Work from Home Money says he thought this idiom was confusing gibberish until he got out on his own and started earning. And as I watched my nest egg grow, I suddenly “got it.” Only then did I understand what it meant to sacrifice now to have a little more stashed away in the future. I didn’t have a clue until I grew old enough to start investing and saving for retirement myself. Every dollar you’re able to save is a dollar you won’t have to earn later, she would say. This is one saying my mother repeated all throughout my life. It’s true that money can make life easier, but it can’t make you happy on its own. It can take some time to learn this one, but it becomes more true as you age. While you can buy things that bring temporary joy, real happiness has to come from within.
![mo money mo problems quote mo money mo problems quote](https://quotestats.com/topic/669460-mo-money-mo-problems-quotes-304666.jpg)
“After going through the painful process of paying off my debt, I now find that a lot of the most satisfying experiences don’t cost a thing.” “I got so caught up in in my 20s spending and keeping up with what everyone else had that I wasn’t taking the time to figure out if it all really made me happy,” she says. That’s exactly how it happened for Jessica Garbarino of Every Single Dollar. A day spent laughing at the park with your children, a hug when you’re having a bad day, or a compliment from someone you love can turn you inside out with happiness without costing anyone a single cent. Maybe you only wore designer clothing, insisted on carrying only name-brand purses, or craved only exotic and expensive cuisine.Īt a certain point though, you might have realized that the things that matter most don’t cost anything at all. No matter where your family falls on the income spectrum, you probably went through a “materialistic” phase.
#Mo money mo problems quote how to#
“I’m learning how to make smart investments over time instead of just spending all my money at once in an attempt to make more of it,” says Abella. However, it’s not enough to just spend money – you have to do it wisely. But now that she’s a business owner, she’s come to terms with the idea of “investing in herself.” Money Coach Amanda Abella heard this a lot growing up, but didn’t really know what it meant until she began building a business of her own. Here’s something all small business owners already know: When you’re starting a business or building a side gig from scratch, there are times when you have to invest some money up front. Unfortunately, it doesn’t, and we all have to earn our money the hard way. If money grew on trees, we would all be rich. “Then I grew up and had to handle my own finances and realized how limited my income really was.” “I hated hearing this growing up and always rolled my eyes,” says Rosemarie Groner of Busy Budgeter.
![mo money mo problems quote mo money mo problems quote](https://i.pinimg.com/originals/c6/00/8c/c6008c145d8773736e12dcc1f8762ab6.gif)
While our parents echoed this sentiment throughout our lives, many of us only truly grew to understand it once we had children of our own. If it sounds outrageously beneficial and “too good to be true,” it very well might be a scam. If you dig around a little and find that something seems “off,” think long and hard before you pull the trigger. “You might even ask others around you what they think if you have been known to fall into this trap before.”
![mo money mo problems quote mo money mo problems quote](https://y.yarn.co/31b243ce-a8c4-42ce-8376-e1aff127da1f_text.gif)
“Whether you’re questioning a new investment opportunity or considering making a large purchase, get in the habit of asking yourself if it sounds too good to be true,” says Schulte. And now that he has his own financial practice, he advises his clients to apply it to their own investing strategies. Taylor Schulte of Define Financial says his father shared this gem with him at a young age, and it has always stuck with him. Whether it’s an email from a Nigerian prince or consistent 15% investment returns, these are words by which to judge almost any offer. Consider debt consolidation “If it sounds too good to be true, it probably is.”