For most people, the biggest obstacle in improving personal finances is their mindset. You might have already known the need to save first and then, to spend the rest. But keeping aside a portion of your income every month is no easy feat. This is exactly why you need an inspiration and motivation. What is a better way to keep yourself motivated than by reading some inspirational quotes?

Different people have different financial goals. For instance, some may want to save for the retirement, while some may prioritize building an emergency fund. In any case, the basic rules to follow to improve your finances remain the same. Once you start chasing your financial goals, do not look back. You should not abandon your plans, no matter what. To deal with sudden cash requirements, consider taking a personal loan from licensed moneylenders in Singapore. Here are 10 inspirational quotes that would help keep you motivated.

“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” – Will Smith

A series of right financial decisions can change your personal finances for the better. Before you buy anything, think whether you really need it.

“Price is what you pay. Value is what you get.” – Warren Buffett

Forget value for money, Buffett suggests an investor should always aim for more than what they pay for. This is possible, if you understand the difference between price and value. Sometimes, it would be wise to buy something when no one is buying that. You can do that only when you are sure that the value of the product would increase in the long run.

“An investment in knowledge always pays the best interest.” – Benjamin Franklin

If you invest in knowledge for yourself, you will learn and grow. Without the latest financial knowledge, you may fail to make the right, timely decisions. Your knowledge is your best asset.

“Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment, it ensures the possibility of satisfying a new desire when it arises.” – Aristotle

Money cannot buy you happiness, but it certainly can give you the freedom to live life the way you want.

“A wise person should have money in their head, but not in their heart.” – Jonathan Swift

When it comes to money, the less emotional decisional you make the better would be the results.

“Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are.” – James W. Frick

Check where the money is going and you will know what your priorities are. If you spend more on buying new clothes than on your education, you are certainly prioritising your personal style over your learning.

“Both optimists and pessimists contribute to our society. The optimist invents the aeroplane and the pessimist the parachute.” – Gil Stern

How you think determines your financial future. For things to change, you have the change your mindset. You cannot improve your finances until you change the way you look at life.