Franklin on Taking Charge of Your Finances

May 3, 2022 pwm1

It is by managing your finances that you write the story of your life. You are both the author and the story’s principal character. Resolve to perform what you ought.

—Benjamin Franklin (1778, by Joseph Duplessis; Public Domain

As a financial professional for over a generation, I have worked with hundreds of families to help them create wealth and enjoy the lifestyle they desire. Some of the financial decisions made by family members—typically children or grandchildren of clients—have astounded me. How many times I have said to myself, “What in the world could have possibly led to that choice?” We develop habits with respect to our personal finances; once these habits become ingrained, they lead to virtually automatic responses—for good or bad. I love this quote from Franklin because the financial decisions we make on a regular basis do, indeed, help write the story of our lives. In most cases, we know deep down what we “ought to do;” let us resolve to select the right path, so that we may end up enjoying the fruits of our wise actions. 

—Mike Hazell

Previous Article
The Power of Education
The Power of Education

Next in importance to freedom and justice is education, without which neither freedom nor justice could be ...

Next Article
Replacing Anxiety With Confidence
Replacing Anxiety With Confidence

Confidence and anxiety are two opposing forces; the two cannot peacefully coexist within you at any given t...

Wealth. Success. Happiness. Join...

Penn All Access