Jack Ma Quotes

I have made lots of mistakes in terms of contracts and spending money when I shouldn't have spent money.

I do not think that you can spend yourself rich.

None of us always make the best financial decisions.

I must have gone through $10 million during my career. Part of the loot went for gambling, part for horses and part for women. The rest I spent foolishly.

Partying is not a sane way to spend money, but it's fun. When we were young, we did not have a lot of money at all, so I thought, 'If I ever get rich, I'm not going to become one of those boring rich people who doesn't spend money.'

If a man has money, it is usually a sign, too, that he knows how to take care of it; don't imagine his money is easy to get simply because he has plenty of it.

What do wealthy people do with their money? They can only buy so many cars, houses, and steak dinners. So we either give it away or invest it.

If I was a billionaire, I'd be smart with my money.

I've been very sensible with the money I made, and I did make good money.

With the money thing it is mad. As a young kid earning so much, having a house and driving a nice car it is nice but it is something I keep level-headed about.

I was making too much money. I was too young. I didn't know how to deal.

When you get a lot of money thrown at you, you can make some dumb decisions without the right advice.

Riches are for spending.

The secret of the difficulties of those people who make a great deal of money, and yet are always in want of it, is this-they throw it away as soon as they get it on the first whim or extravagance that strikes them, and have nothing left to meet ordinary expenses or discharge old debts.

Debt means you had more fun than you were supposed to.

What I know about money, I learned the hard way – by having had it.

Getting too much money too soon can be really bad. There's a balance to be kept - the right balance between new experience and a certain stability in one's life. I'm conscious of all these things in a way that, earlier on, I was only conscious of circumstantial stuff, like, money.

Who among us would ask our children for a loan, so we could spend money we do not have on things we do not need?

Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.

I've never been good at the money thing. I have had a couple of really nice but inept managers, and a business accountant that ripped me off. But I cannot totally blame my money making lameness on them.

As you manage your money, you manage your life.

You could have all the money in the world, but you have to be smart enough knowing how to spend it. I really try to be on that smart money side. Once you make a serious mistake you can suffer five or six years, and I do my best to avoid serious mistakes.

The miser puts his gold pieces into a coffer; but as soon as the coffer is closed, it is as if it were empty.

The best advice I was ever given was on my twenty-first birthday when my father said, Son, here's a million dollars. Don't lose it.

Wait 'till I get my money right.