3 quotes to inspire you for wealth creation

coins in hand

Wealth: Everybody wants it, and we all spend a good portion of our lives chasing it. It's no surprise, then, that some of the world's most incisive minds through history have had a few words to say on the subject. If you're finding yourself procrastinating in kick-starting your investment strategy for wealth creation, perhaps the following quotes will galvanise your efforts.

"When I was young, I thought that money was the most important thing in life; now that I am old, I know that it is." - Oscar Wilde

As playwright Oscar Wilde intimates here, money is important, but it's even more so as you get older. Consider retirement: Your golden years are so called because they're a chance to live in ease and luxury after a lifetime of working. But this kind of leisurely lifestyle doesn't come for free - it has to be paid for through your retirement savings. If you can't see the value of money now, you'll be due for a rude awakening if your savings run out when you're retired.

"The very first step to building wealth is to spend less than you make." - Brian Koslow

This quote comes from a more conventional source of wisdom when it comes to wealth - Brian Koslow, who's authored several books on becoming richer. Koslow is getting at the basic building blocks of wealth creation here. Before you can move on to structuring the right asset allocation for your investment goals, you have to be able to do the simple things, like living within your means.

"Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time." - Johann Wolfgang von Goethe

Another writer from the 19th century to cap off the list. Writer Johann Goethe's words remind us that building up the wealth in the first place isn't all there is. There's also the matter of looking after the assets and earnings you've acquired through estate planning or by making use of a risk insurance service.