Paul Schneider Quotes

My father, who educated his children on worldly principles, gave us much money, considering our age; not in order that we might spend it, but, as he said, to accustom us to possess money without spending it. The result was, that it led me and my brother into many sins.

When I first started on 'Dragons' Den,' I was under pressure to buy flashy cars and boats but I resisted.

You can think about life as a battle between you and a doughnut shop. The doughnut shop wants you to eat another doughnut and pay the money, and you want to do it in the short term, but in the long term it's not good for you either financially or from a health perspective.

There is an attitude that we should be able to have everything. No, you shouldn't be able to have anything. I'd like a helicopter, but I can't afford a helicopter, so I don't buy one. People are buying stuff they can't afford on credit. I bought my Ford hybrid with cash.

Just because you can afford it doesn't mean you should buy it.

Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.

I'm a bit of a shopaholic. I've been working in the Bollywood film industry since I was 17, and I have always been financially independent, but I think I would be useless looking after my own money.

Just because someone will lend money to you doesn't mean you should borrow it.

After two decades of personal finance reporting, I've heard every excuse in the book for not saving money. That said, none of them really hold up - at least over the long term.

This bizarre industry presents so many paths of temptation. If you don't have some kind of foundation, typically from family, then it will be difficult to deal with.

It's important to learn to say no. With tours and all of that stuff, there are so many aspects that go into it, it's easy to have so many people around you saying, 'Oh yes, yes, you can afford this, you can afford this,' and then all of the sudden you've spent $20 million on your stage, and you're like, 'Where's my money?'

My conscience is really active. So I feel bad about spending excess amount of money on things.

There have been, in my life, a number of times when I have intentionally made decisions that I knew would mean I would make less money or be less influential. I did this because, for whatever reason, it just wasn't worth it. It wasn't worth the stress, it felt icky, it relied on me exploiting relationships that I valued. Stuff like that.

We live in a culture built on debt, so we are encouraged to have no self control.

Credit leads a man into temptation. Cash down is the only thing that will deliver him from evil.

You can tell a lot about a man's character by watching him win or lose money.

Oh God, don't let me go on Amazon Prime at one in the morning 'cause I always buy something I don't need.

I am not frugal - I'm quite a big spender - but not on credit.

I have not thrown my money away on unnecessary things in my life, so I'm okay.

If I'm just hanging with all stars and people with money, you can get lost and caught up. You get to moving like you got it made and you get to spending. That's how a lot of people go broke.

Do not go out first thing after signing a contract and buy assets that are huge compared to the contract signed. Just because you have money for the first time doesn't mean you have to spend it before you know all the ramifications of buying the assets.

There was a lot of temptation to do lots of bad things in my neighborhood.

Of course, the human part of you wants to take as much money as you see, but all money isn't good money.

I just save my money, man. I don't even try to enjoy it like these other rappers; they having fun and they lit, but they gon' be broke later on. I be savin', I be chillin'. It feels good to know I got it, but it feel better to know I'ma keep it too.

Whenever I did have a lot of money, I got in trouble.