Francis Quarles Quotes

Money is hard to earn and easy to lose. Guard yours with care.

My opinion is just be very careful when you're young and making the money.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

When you get that signing bonus, don't start thinking about all the things you can do with $1 million.

I wake up every day, and the family fortune is on the line, and that's a good thing.

It's nice to have dreams, but when you use borrowed money to achieve them and act as if money grows on trees, you may have a brutal awakening.

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.

Investing in gold is one of the wisest decisions that you can make as an investor.

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

I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.

The truth is, you leave this world with nothing. What you are is a temporary administrator, and you must administer well... the wealth in your care, and generate more. The surplus can be used to do many things for people.

Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.

When you make a lotta money, you got a lotta people shooting at you. Anywhere you go, the tab goes up. People borrow stuff from you, you don't see it again - they figure, Hell, Moses ain't gonna miss it, why do I have to return it?

Qualities not regulated run into their opposites. Economy before competence is meanness after it. Therefore economy is for the poor; the rich may dispense with it.

Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.

Proportion thy charity to the strength of thine estate, lest God proportion thine estate to the weakness of thy charity. Let the lips of the poor be the trumpet of thy gift, lest in seeking applause, thou lose thy reward. Nothing is more pleasing to God than an open hand and a closed mouth.

I invest in anything that Bernanke can't destroy, including gold, canned beans, bottled water and flashlight batteries.

We feel led to caution . . . against forming the bad habit of incurring debt and taking upon themselves obligations which frequently burden them heavier than they can bear, and lead to the loss of their homes and other possessions. We know it is the fashion of the age to use credit to the utmost limit. . . . We, therefore, repeat our counsel . . . to shun debt. Be content with moderate gains, and be not misled by illusory hopes of acquiring wealth. . . . Let our children also be taught habits of economy, and not to indulge in tastes which they cannot gratify without running into debt.

If any friend desire thee to be his surety, give him a part of what thou hast to spare; if he press thee further, he is not thy friend at all, for friendship rather chooseth harm to itself than offereth it. If thou be bound for a stranger, thou art a fool; if for a merchant, thou puttest thy estate to learn to swim.

If someone hands you a million dollars, best you become a millionaire, or you won't get to keep the money.

If you expect your money to take care of you, you must take care of your money.

I'm not gonna buy something without planning. If I buy $100,000 worth of gold, I gotta put $100,000 aside for my family in case something happens. You look kind of stupid wearing all that gold and you didn't have no plan.

He who multiplies riches multiplies cares.

He that will be surety, shall pay.

Never bring a lot of money to where a poor man lives. He can only lose what little he has. On the other hand it is mathematically possible that he might win whatever you bring with you. What you must do, with money and the poor, is never let them get too close to one another.