12 quotes that will make you a happier, savvier financier

There is a big wide world of investment knowledge out there, some which promises to make you rich, some which claims it’ll make you happy and lots worth reading. But if you’re pressed for time, skimmable knowledge is always handy. So here’s our pick of investment wisdom: 12 gems from men and women from different walks of life to help broaden perspective and build knowledge.

“Invest in yourself. Your career is the engine of your wealth.” – Paul Clitheroe

Often overlooked, perhaps one of the best tips for growing your income is to invest in yourself and become great at what you do. Take a course, take time off to practice on a side project, read books, be brilliant. Make sure you’re in a job where you can see you’re learning, using your skills and improving – avoid ruts where you can.

“An investment in knowledge pays the best interest.” – Benjamin Franklin

Benjamin Franklin was on the same page. Whether you’re investing in your financial literacy or your professional development, it pays dividends. And the best part this sort of investment is even more accessible than investing online. We like inclusive investment wisdom.

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki

This quote pretty much sums up money management advice. Take advantage of opportunities to save and invest, teaching your children to do the same and make your money a life-enhancing tool.

“It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.” ― Warren Buffett

So everything in moderation. Whilst it’s great to save, invest and be thrifty, it’s nice to buy things that make you happy too!

“Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffett

Another gem from Warren Buffett, which shows how there really is no one size fits all guide to investment. In the beginning, diversification is relevant. Once you’ve gained enough experience to have confidence in your investments, you can adjust your portfolio accordingly and make bigger investments where you’re confident of returns.

“Being rich is having money. Being wealthy is having time.” – Margaret Bonnano

Margaret Bonnano, who wrote six Star Trek novels as well as other science fiction novels, gives another nod to the importance of money management and draws a distinction between the different ways of looking at money: money as something to have and money as something to use. You can make money and have it or turn it into wealth: a tool to give you more time and freedom.

“Balancing your money is the key to having enough” – Elizabeth Warren

Elizabeth Warren is a United States Senator from Massachusetts and the author and co-author of 10 books, most of which are focused on personal finance, including “All Your Worth: A Lifetime Money Plan,”

“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham

Common sense, experience and knowledge are the savvy investor’s allies. Real facts and analysis go further than risky, speculative forecasts. No investor is a magician.

“Know what you own, and know why you own it.” – Peter Lynch

Do your homework. Understanding what you’re investing in is key to success.

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” – Dave Ramsey

By being modest in your spending, you can ensure you will have enough for retirement and can give back to the community as well.

“The future for platforms such as LendInvest and their real value lies in originating good-quality loans,” – Christian Faes

LendInvest CEO Christian Faes gives some great insight into the nascent world of online investment. Many platforms are offering high returns accessible at the click of a button. But the platforms that enable people to invest with confidence are those focused on using investor’s money responsibly.

“Investing in property online cuts out many of the negatives of being a landlord. You’ll never get a call from a tenant in the middle of the night about a broken down boiler.” – Ian Thomas.

Ian Thomas, co-founder and director of LendInvest reflects on the benefits of new opportunities to invest in property without the hassle, pointing people towards exploring alternative ways of investing.