Financial Caution Quotes

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

The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

I made a lot of money, but you can dangerously let it lead you on. It depends what company you keep.

I never try to predict the market.

Back horses or go down to Throgmorton Street and try to take it away from the Rothschilds, and I will applaud you as a shrewd and cautious financier. But to bet at golf is pure gambling.

The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of public moneys.

This is no time to lend money, especially upon bare friendship without security.

Aggression at a time when the economy was growing at substantial rates and the retail lending as an industry was growing at a substantial rate was an appropriate aggression. Caution at a time when the economic environment is so uncertain is an appropriate caution.

You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.

I'm careful with money.

Whatever you do, don't sink your life's savings into cliche items.

Take care to be an economist in prosperity. There is no fear of your being one in adversity.

Private student loans should be avoided at all costs.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

In the Great Depression, you bought something if you had the cash to buy it.

Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money.

The first rule of trading - there are probably many first rules - is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand.

Trends carry on forever, until they stop. I want to be around after things come to a standstill. As a result, I tend to be pretty conservative.

I tend to be pretty conservative in the way I spend money.

If any friend desire thee to be his surety, give him a part of what thou hast to spare; if he press thee further, he is not thy friend at all, for friendship rather chooseth harm to itself than offereth it. If thou be bound for a stranger, thou art a fool; if for a merchant, thou puttest thy estate to learn to swim.

Never ask for small loans.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

There are people out there with an eye on my hard-earned cash who think that I am a pushover. I am not!

I'm too careful with money - comes out of being poor for several years while growing up.