Comments on: Personal Finance Lessons from George Washington

By: Diane

Diane — Sun, 02 Mar 2008 18:43:30 +0000

This brings to mind another financial lesson learned (gained?) from George Washington, although I cannot attest to its veracity.

Seems George declined to accept a salary as the President of the United States, but agreed to accept an expense account. At the end of some kind of reckoning, where George seemed to come out on the better end of the deal (or perhaps just to keep things in hand), the Congress voted that the President would be paid a salary instead.

I think today they get both, so go figure.

By: fathersez

fathersez — Sun, 27 Jan 2008 09:35:45 +0000

Timeless wisdom from a truly great leader of our past.

We are indeed unfortunate that our present leaders don’t leave anything like these as part of their legacies.

By: Colin Joss

Colin Joss — Thu, 24 Jan 2008 04:13:04 +0000

Mr. George Washington has some points there. The way you save and How much you make is usually affected by your social networks

Colin Joss
East Lothian, Haddington
United Kingdom

By: jpsfranks

jpsfranks — Tue, 22 Jan 2008 05:55:14 +0000

You forgot one:

“Marry a rich widow.”

By: Cheapster Bob

Cheapster Bob — Mon, 21 Jan 2008 20:29:34 +0000

Great post. General Washington is best known for his organizational skills and less for his quotes of wisdom. Ben Franklin is focused on primarily so it is nice to see other founders being recognized.

Others of note: Patrick Henry, Lafayette, Benjamin Rush, Noah Webster etc.

I include Lafayette as a founder as he, arguably, won the war for the Americans. If you want an excellent read pick up Unger’s “Lafayette” or ask for it at your local library. The best biography I have ever read.

Bob

By: Patrick

Patrick — Mon, 21 Jan 2008 16:47:33 +0000

Great advice – both George’s quotes, and your interpretations on how to apply them to today’s world.

My favorite – “Bad seed is a robbery of the worst kind: for your pocket-book not only suffers by it, but your preparations are lost and a season passes away unimproved.”

Partly because it is solid wisdom, but mostly because I think the phrasing is eloquent.

By: Creative Investor

Creative Investor — Mon, 21 Jan 2008 16:33:38 +0000

A very interesting post. Thank you.

By: Mason

Mason — Mon, 21 Jan 2008 15:47:33 +0000

I find your blog informative, but you grammar can be a little rough at times. Try doing a quick proofread of you material before you publish, or have someone else proofread it.