Every week leading up to the 1st National Dream Big Read in October, we are asking leaders from around the world questions about their insights and experiences on kids and money.
One of my favorite money quotes comes from Benjamin Franklin:
"Remember that Money is of a prolific generating Nature. Money can beget Money, and its Offspring can beget more, and so on."
It is inspired the following lyrics in Sammy Rabbit's signature song:
"You can watch your money grow and grow and grow!"
Here are some of the responses we received to this week's question!
Rebecca Wiggins, Executive Director, AFCPE, Denver, Colorado
"We make a living by what we get, but we make a life by what we give. "
-Winston Churchill
Mitch P. Slater, Host, Financially Speaking Podcast, Westfield, New Jersey
"It's not about timing the market, it's about the TIME in the MARKET."
-Peter Lynch, Former Fidelity Investments Mutual Fund Manager
John Hupalo, Founder & CEO, Invite Education, Boston, Massachusetts
“Saving a dollar today is better than borrowing one tomorrow.”
Mike Kelly, Founder, Kelly Financial Planning, Cincinnati, Ohio
"Do not save what is left after spending, but spend what is left after saving." -Warren Buffet
Kathleen Lawson, Executive Director, Economics Arkansas, Little Rock, Arkansas
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
-Albert Einstein
John Tabb, CEO Questis, Charleston, South Carolina
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas."
-Paul Samuelson
Michael Morton, Financial Advisor & Founder, Morton Financial Advice, Harvard, Massachusetts
"If you fail to plan, you are planning to fail."
Paul Curley, Director College Savings Research, Strategic Insight, Bryn Mawr, Pennsylvania
"Save and save efficiently."
Paul Vasey, Founder, Cash Crunch Games, Newport Beach, California
“Save first. Spend later.”
Victor Gaxiola, co-Founder, Tech Girl Financial, Morgan Hill, California
There's a popular Chinese proverb that says: “The best time to plant a tree was 20 years ago. The second best time is now."
Michael F. Kay, President, Financial Life Focus, Livingston, New Jersey
My favorite money quote: "Does your money history support your values? If not, it's time to create a new money mindset."
Jim Wang, Founder, WalletHacks.com, Columbia, Maryland
"An investment in knowledge always pays the best interest."
-Ben Franklin
About Sammy Rabbit’s Question of the Week
Sammy Rabbit’s Question of the Week is a Financial Literacy Awareness Campaign that is part of a new and groundbreaking financial education initiative coming in October – The 1st National Dream Big Read. CLICK to learn more.
Our aim is to provide insights and memories from a wide variety of people, perspectives and industries.
If you would like to submit a question or be featured in Sammy Rabbit’s Question of the Week Financial Literacy Awareness campaign, contact us!