One Line of Financial Advice?

in Financial Dreams, Humor, Rant

I borrowed this from a Reddit Post about one line of advice, but I think it is pertinent to the current generation. My favorite one line of advice is from the The Princess Bride :

Never go against a Sicilian when death is on the line

Vizzini (the Princess Bride)
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This seems obvious to me (and Vizzini), but be that as it may here are some great one line pieces of financial advice:

  • A fool and his money are soon parted, is a true one line piece of advice, so why don’t fools listen?
  • Never select your credit card solely on how cool the graphics are on the card, which says that the KISS Visa card may not be your best selection.
  • Always pay with cash, useful advice, but also remember to know where your wallet is, especially if you are carrying a lot of cash
  • Neither a borrower nor a lender be, Shakespeare was right on that one.
  • Pay day loans are the devil’s own work, not sure if I can be any clearer on that one.
  • Debt is a four letter word, again a standard message here, but a good one liner
  • If you don’t understand it, don’t invest in it, again seems obvious, and if it is good enough for the Wizard of Omaha, it is good enough for you.
  • Following the herd only gets your shoes covered in poop, think about that one.


There are many others, and I now challenge my readers to add more of these useful one liners (for finance please, or at least a finance theme) in the comments.

{ 6 comments }

  • Kathy November 2, 2011, 9:23 PM

    from my dad (or his dad?): It’s not how much you get paid, it’s how much you *save*.

    Reply
  • Emily Guy Birken November 1, 2011, 11:36 AM

    I’ve always liked “A penny saved is a penny earned.” It’s such a simple concept–that saving today earns you wealth tomorrow–but it’s so easy to forget in our culture of instant gratification.

    Reply
  • krantcents November 1, 2011, 9:49 AM

    Useful quotes, although I never pay with cash. I like the automatic recordkeeping of paying with a credit card. The frequent flier miles is another objective.

    Reply
  • Canadian Couch Potato November 1, 2011, 7:57 AM

    Never get involved in a land war in Asia.

    Reply
    • bigcajunman November 2, 2011, 4:34 AM

      Very true Vizzini, anyone want a peanut?

      Reply

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