Dakota Meyer Quotes

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.

Do not leave yourself or your family unprotected against financial storms... Build up savings.

Now more than ever is the time to really work on learning a money management system that can work, no matter how low things seem right now.

Even if you didn't lose your job, if you're one of the two-thirds of Ontarians who don't have a pension, you lost savings. Even if you've earned most of that back now, you are a changed person. You are less secure, less confident. And I understand that.

People in the film industry always want to save for a rainy day. Many early actors died in small houses with no money, and so they are insecure. My advantage is I don't value money that much. It's an easy thing for me to let go.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.

When families save, they can get through emergencies like a bad harvest or a medical emergency. But it's more than that. They can also plan for the future, gradually saving up for a small business or for their children's school tuition.

You have no control over the market. You can't predict where it will go, and you can't bring it back from the depths. What you can do is save more. Make sure you have cash on hand - an emergency fund of at least six months of expenses.

I've always been terrified about not having money. I've been a big saver and a big earner. When I've been out of work, I've always found another job. I never wanted to get into debt, because money was very tight when I was growing up. I never felt deprived, but I couldn't have the things I wanted.

When we're in a peak, we make a ton of money, and as soon as we make a ton of money, we're desperately looking for a way to spend it. And we diversify into areas that, frankly, we don't know how to run very well.

As long as I manage investments properly and don't spend recklessly, Tumblr has given my family a strong safety net and given me the freedom to work on whatever I want. And that's exactly what I plan to do.

Much of the traditional thinking about cash is well intentioned but unrealistic. Should you have six months of living expenses in the bank for emergencies? Sure. Do you? Probably not.

Money without brains is always dangerous.

Measure your wealth by what you'd have left if you lost all your money.

Put not your trust in money, but put your money in trust.

Nothing confers freedom like a buck in the bank.

it is easier … to stave off adversity than to preserve prosperity.

I don't have a mortgage or kids, so I can lie low and tighten my belt if I need to.

First, you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days.

This is always one of my big pet peeves is that 65% of NBA players, three years out of the NBA, are broke. I mean, so, maybe maturing a little more on the front end and getting an education might serve you well down the road.

You can survive your income falling if it's not dramatic. Your income can decrease for a long time before you start living beyond your means.

When I first went into financial services, people told me not to be too over-optimistic about change.

Ask any woman who has gone through a divorce and had her standard of living decline substantially. Ask any woman who's been fired or 'reorg'ed out' and had to scramble to take a job she didn't want. Ask any woman who wanted to quit a job but couldn't afford to. Investing is possibly the best career advice women aren't getting.

I didn't want to put myself in a position where I was living so expensively that if something happened next year or two years from now and I wasn't making the same money, I couldn't afford my lifestyle.