Money Quotes

We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.

A business that makes nothing but money is a poor business.

Money is like an arm or leg - use it or lose it.

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.

Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.

Two classes of people lose money; those who are too weak to guard what they have; those who win money by trick. They both lose in the end.

Nothing can be made except by makers, nothing can be managed except by managers. Money cannot make anything and money cannot manage anything.

Old men are always advising young men to save money. That is bad advice. Don't save every nickel. Invest in yourself. I never saved a dollar until I was forty years old.

Money is only a tool in business. It is just a part of the machinery. You might as well borrow 100,000 lathes as $100,000 if the trouble is inside your business. More lathes will not cure it; neither will more money. Only heavier doses of brains and thought and wise courage can cure. A business that misuses what it has will continue to misuse what it can get.

Until we're serving humanoid robots and they have the ability to spend money, we're serving people. We're going to put people in front of people.

Being a store manager is such a great job and such a challenging job. And it's a job that pays well, and it pays well for a reason. You're interacting with the community with large numbers of people.

I've drank all the Kool-Aid and am completely convinced that Walmart should be here for the next generation of retail, because we're so wired to fulfill our purpose of helping people save money and live better.

I bet you that over time, because we come up with new ideas to grow sales, we end up with about the same number of people making more money.

A lot of our growth the last couple of quarters has come from people who are coming to Walmart to save money.

If the consumer generally feels like they are going to have a job... access to money... we will see them spend that.

Customers want to save money and time and have the broadest assortment of items, and we think that by bringing e-commerce and digital capabilities together with the stores, we can do things that a pure e-commerce player can't.

In some circles, Walmart has this reputation of being really tough. I would say we're tough on behalf of the customer, but we always try to be fair, and if you look at the financial results of our suppliers, they've done really well, and P&G still makes more money than Walmart does after all this time, so this has worked out well for everybody, but we do keep on the pressure on behalf of the customer.

If you can't send money, send tobacco.