--- title: "Meaning & Key Takeaway of: Many persons think that by hoarding money…" description: "\"Many persons think that by hoarding money they are gaining safety for themselves. If money is your only hope for independence, you will never have it. ..." image: "https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png" --- # Many persons think that by hoarding money they are gaining… ![“Many persons think that by hoarding money they are gaining safety for themselves. If money is your only hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience, and ability. Without these qualities, money is…” quote by Henry Ford](https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png) [Download](https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png) [Open image](https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png) > “Many persons think that by hoarding money they are gaining safety for themselves. If money is your only hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience, and ability. Without these qualities, money is practically useless. The security even of money depends on knowledge, experience, and ability. If productive ideas are displaced by destructive ideas, economic life suffers.” [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. True security comes from knowledge, experience, and ability, not from hoarded money alone. **In simple terms:** Knowledge, experience, and ability are real safety. Key Takeaway Invest in learning and skills. Themes security wealth knowledge self-reliance Mood thoughtful inspirational Type philosophical motivational When to use this quote - career advancement - entrepreneurship - financial planning - education - skill building Key Concepts human capital economic resilience personal development Questions to Reflect On - What skills could replace your reliance on money? - How does knowledge protect you in crises? A Different Perspective Money alone cannot protect you without competence. ★ ★ ★ ★ ★ No ratings yet [Ability](https://sms4smile.com/quotes/about/ability/) [Cybersecurity](https://sms4smile.com/quotes/about/cybersecurity/) [Hoarding](https://sms4smile.com/quotes/about/hoarding/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Independence](https://sms4smile.com/quotes/about/independence/) [Men](https://sms4smile.com/quotes/about/men/) [Money](https://sms4smile.com/quotes/about/money/) [Quality](https://sms4smile.com/quotes/about/quality/) [Reserves](https://sms4smile.com/quotes/about/reserves/) [Safety](https://sms4smile.com/quotes/about/safety/) [Security](https://sms4smile.com/quotes/about/security/) [Suffering](https://sms4smile.com/quotes/about/suffering/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [There are two fools in this world. One is the millionaire who thinks that by hoarding money he can somehow accumulate real power, and…](https://sms4smile.com/quotes/henry-ford/there-are-two-fools-in-this-world-one-is-the-millionaire-who-thinks/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Have you watched it? A man who is too greedy about money, by and by starts having the qualities of money. He becomes just…](https://sms4smile.com/quotes/rajneesh/have-you-watched-it-a-man-who-is-too-greedy-about-money-by-and-by/) [Rajneesh](https://sms4smile.com/quotes/author/rajneesh/) > [“When it comes to people's safety, money wins out every time”](https://sms4smile.com/quotes/gil-scott-heron/when-it-comes-to-people-s-safety-money-wins-out-every-time/) [Gil Scott-Heron](https://sms4smile.com/quotes/author/gil-scott-heron/) > [I have no hoarding tendencies whatsoever. I'm a purger. I am constantly throwing things out. Like everyone, I have a scary junk drawer or…](https://sms4smile.com/quotes/paul-marcarelli/i-have-no-hoarding-tendencies-whatsoever-i-m-a-purger-i-am-constantly/) [Paul Marcarelli](https://sms4smile.com/quotes/author/paul-marcarelli/) > [As bank customers, we tend to believe that we can have both perfect security for our money, drawing on it whenever we want and…](https://sms4smile.com/quotes/ron-paul/as-bank-customers-we-tend-to-believe-that-we-can-have-both-perfect/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [If you hope to be independent when there is money, you'll never reach it. On this world, humans can only safely have the knowledge,…](https://sms4smile.com/quotes/henry-ford/if-you-hope-to-be-independent-when-there-is-money-you-ll-never-reach/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [“If money is your hope for independence, you will never have it. The only real security that a man can have in this world…](https://sms4smile.com/quotes/henry-ford/if-money-is-your-hope-for-independence-you-will-never-have-it-the/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Financial Security is not enough money to buy toys. That is to learn to live with less money than you earn. So, you can…](https://sms4smile.com/quotes/dave-ramsey/financial-security-is-not-enough-money-to-buy-toys-that-is-to-learn/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [I never voted to spend one penny of Social Security money.](https://sms4smile.com/quotes/ron-paul/i-never-voted-to-spend-one-penny-of-social-security-money/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The only real security that a man can have in this world is a reserve of knowledge, experience and ability.](https://sms4smile.com/quotes/henry-ford/the-only-real-security-that-a-man-can-have-in-this-world-is-a-reserve/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [There is such a desire to give everybody a piece, we're probably wasting a great deal of homeland security money trying to be politically…](https://sms4smile.com/quotes/shelley-berkley/there-is-such-a-desire-to-give-everybody-a-piece-we-re-probably/) [Shelley Berkley](https://sms4smile.com/quotes/author/shelley-berkley/) > [Not only should we be giving Amtrak the money it needs to continue to provide services; we should be providing security money to upgrade…](https://sms4smile.com/quotes/corrine-brown/not-only-should-we-be-giving-amtrak-the-money-it-needs-to-continue-to/) [Corrine Brown](https://sms4smile.com/quotes/author/corrine-brown/) > [If money is your hope for independence you will never have it](https://sms4smile.com/quotes/henry-ford/if-money-is-your-hope-for-independence-you-will-never-have-it/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [People do not care to give alms without some security for their money; and a wooden leg or a withered arm is a sort…](https://sms4smile.com/quotes/henry-mackenzie/people-do-not-care-to-give-alms-without-some-security-for-their-money/) [Henry Mackenzie](https://sms4smile.com/quotes/author/henry-mackenzie/) > [Whatever your goal in life, the beginning is knowledge and experience](https://sms4smile.com/quotes/henry-ford/whatever-your-goal-in-life-the-beginning-is-knowledge-and-experience/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) ## More by Henry Ford > [Enthusiasm is the yeast that makes your hopes shine to the stars. Enthusiasm is the sparkle in your eyes, the swing in your gait.…](https://sms4smile.com/quotes/henry-ford/enthusiasm-is-the-yeast-that-makes-your-hopes-shine-to-the-stars/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [These men of many nations must be taught American ways, the English language, and the right way to live.](https://sms4smile.com/quotes/henry-ford/these-men-of-many-nations-must-be-taught-american-ways-the-english/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [People are as happy as they choose to be.](https://sms4smile.com/quotes/henry-ford/people-are-as-happy-as-they-choose-to-be/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Those who stop marketing to save money are like those who stop a clock to save time.](https://sms4smile.com/quotes/henry-ford/those-who-stop-marketing-to-save-money-are-like-those-who-stop-a/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Quality means doing it right when no one is looking.](https://sms4smile.com/quotes/henry-ford/quality-means-doing-it-right-when-no-one-is-looking/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [A man's college and university degrees mean nothing to me until I see what he is able to do with them.](https://sms4smile.com/quotes/henry-ford/a-man-s-college-and-university-degrees-mean-nothing-to-me-until-i-see/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Don't find the fault, find the remedy](https://sms4smile.com/quotes/henry-ford/don-t-find-the-fault-find-the-remedy/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [A customer votes everyday with his dollar. Our job is make sure he votes for us.](https://sms4smile.com/quotes/henry-ford/a-customer-votes-everyday-with-his-dollar-our-job-is-make-sure-he/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Our clothing, our food, our household furnishings - all could be much simpler than they now are and at the same time be better…](https://sms4smile.com/quotes/henry-ford/our-clothing-our-food-our-household-furnishings-all-could-be-much/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [The time is coming when man will be able to determine the length of his lifespan by controlling his diet.](https://sms4smile.com/quotes/henry-ford/the-time-is-coming-when-man-will-be-able-to-determine-the-length-of/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [You can't build a reputation on what you're going to do. It's simple, fantasize, rehearse, then go out into the world and DO IT!](https://sms4smile.com/quotes/henry-ford/you-can-t-build-a-reputation-on-what-you-re-going-to-do-it-s-simple/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [There is no man living that can not do more than he thinks he can.](https://sms4smile.com/quotes/henry-ford/there-is-no-man-living-that-can-not-do-more-than-he-thinks-he-can/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Without doubt, Thomas Edison is my greatest contemporary.](https://sms4smile.com/quotes/henry-ford/without-doubt-thomas-edison-is-my-greatest-contemporary/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [As long as we look to legislation to cure poverty or to abolish special privilege we are going to see poverty and special privilege…](https://sms4smile.com/quotes/henry-ford/as-long-as-we-look-to-legislation-to-cure-poverty-or-to-abolish/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [The time will come when man will know even what is going on in the other planets and perhaps be able to visit them.](https://sms4smile.com/quotes/henry-ford/the-time-will-come-when-man-will-know-even-what-is-going-on-in-the/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) [Explore all 517 Henry Ford quotes ](https://sms4smile.com/quotes/author/henry-ford/) ## More Ability quotes > [I don't think there's a direct correlation between my sexuality and my skiing ability. But I think because I was so concerned about it…](https://sms4smile.com/quotes/gus-kenworthy/i-don-t-think-there-s-a-direct-correlation-between-my-sexuality-and/) [Gus Kenworthy](https://sms4smile.com/quotes/author/gus-kenworthy/) > [“the importance of ability. The things that make a great job great, I discovered, are rare and valuable. If you want them in your…](https://sms4smile.com/quotes/cal-newport/the-importance-of-ability-the-things-that-make-a-great-job-great-i/) [Cal Newport](https://sms4smile.com/quotes/author/cal-newport/) > [Ambition drives you on, ability certainly helps, but the fickle finger of fate and luck are great things.](https://sms4smile.com/quotes/fergus-henderson/ambition-drives-you-on-ability-certainly-helps-but-the-fickle-finger/) [Fergus Henderson](https://sms4smile.com/quotes/author/fergus-henderson/) > [The ability of the gospel to unite us on common strengths and common truths is one of the great miracles . . . of the gospel.](https://sms4smile.com/quotes/jeffrey-r-holland/the-ability-of-the-gospel-to-unite-us-on-common-strengths-and-common/) [Jeffrey R. Holland](https://sms4smile.com/quotes/author/jeffrey-r-holland/) > [Maybe law enforcement would like the ability to turn on the camera on your Mac.](https://sms4smile.com/quotes/tim-cook/maybe-law-enforcement-would-like-the-ability-to-turn-on-the-camera-on/) [Tim Cook](https://sms4smile.com/quotes/author/tim-cook/) > [I've seen guys come along with more ability - they've been faster or bigger or stronger - but they never worked hard to develop…](https://sms4smile.com/quotes/steve-largent/i-ve-seen-guys-come-along-with-more-ability-they-ve-been-faster-or/) [Steve Largent](https://sms4smile.com/quotes/author/steve-largent/) > [The youth of India has the strength to move the entire World with a click of a mouse, we have generated that ability!](https://sms4smile.com/quotes/narendra-modi/the-youth-of-india-has-the-strength-to-move-the-entire-world-with-a/) [Narendra Modi](https://sms4smile.com/quotes/author/narendra-modi/) > [Time hath not yet so dried this blood of mine, Nor age so eat up my invention, Nor fortune made such havoc of my…](https://sms4smile.com/quotes/william-shakespeare/time-hath-not-yet-so-dried-this-blood-of-mine-nor-age-so-eat-up-my/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) > [An absolutely necessary part of a writer's equipment, almost as necessary as talent, is the ability to stand up under punishment, both the punishment…](https://sms4smile.com/quotes/irwin-shaw/an-absolutely-necessary-part-of-a-writer-s-equipment-almost-as/) [Irwin Shaw](https://sms4smile.com/quotes/author/irwin-shaw/) > [I'd be more frightened by not using whatever abilities I'd been given. I'd be more frightened by procrastination and laziness.](https://sms4smile.com/quotes/denzel-washington/i-d-be-more-frightened-by-not-using-whatever-abilities-i-d-been-given/) [Denzel Washington](https://sms4smile.com/quotes/author/denzel-washington/) > [Bring into captivity every thought to the obedience of Christ. Take what I cannot give: my heart, body, thoughts, time, abilities, money, health, strength,…](https://sms4smile.com/quotes/elizabeth-prentiss/bring-into-captivity-every-thought-to-the-obedience-of-christ-take/) [Elizabeth Prentiss](https://sms4smile.com/quotes/author/elizabeth-prentiss/) > [You can only do the work to the very best of your ability.](https://sms4smile.com/quotes/christine-baranski/you-can-only-do-the-work-to-the-very-best-of-your-ability/) [Christine Baranski](https://sms4smile.com/quotes/author/christine-baranski/) > [Judge a person not by his ability to make money but by his ability to retain it.](https://sms4smile.com/quotes/vikrant-parsai/judge-a-person-not-by-his-ability-to-make-money-but-by-his-ability-to/) [Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/) > [Balance is the ability to be happy in the midst of the most chaotic or even boring or transient circumstance.](https://sms4smile.com/quotes/frederick-lenz/balance-is-the-ability-to-be-happy-in-the-midst-of-the-most-chaotic/) [Frederick Lenz](https://sms4smile.com/quotes/author/frederick-lenz/) > [Bobby had faith in my ability as a singer.](https://sms4smile.com/quotes/julie-london/bobby-had-faith-in-my-ability-as-a-singer/) [Julie London](https://sms4smile.com/quotes/author/julie-london/) [Browse all 9,990 Ability quotes ](https://sms4smile.com/quotes/about/ability/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Many persons think that by hoarding money they are gaining safety for themselves. If money is your only hope for independence, you will never have it. The only real security that a man can have in this world is a reserve of knowledge, experience, and ability. Without these qualities, money is practically useless. The security even of money depends on knowledge, experience, and ability. If productive ideas are displaced by destructive ideas, economic life suffers.", "creator": { "@type": "Person", "name": "Henry Ford" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/henry-ford/many-persons-think-that-by-hoarding-money-they-are-gaining-safety-for/", "about": { "@type": "Thing", "name": "Ability" }, "@id": "https://sms4smile.com/quotes/henry-ford/many-persons-think-that-by-hoarding-money-they-are-gaining-safety-for/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png", "contentUrl": "https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png", "url": "https://sms4smile.com/quotes/i/25a/henry-ford-492_ability_many-persons-think-that-by-hoarding-mone_1657902.png", "width": 1080, "height": 1080, "caption": "“Many persons think that by hoarding money they are gaining safety for themselves. If money is your only hope…” — Henry Ford", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Henry Ford", "item": "https://sms4smile.com/quotes/author/henry-ford/" }, { "@type": "ListItem", "position": 4, "name": "Many persons think that by hoarding...", "item": "https://sms4smile.com/quotes/henry-ford/many-persons-think-that-by-hoarding-money-they-are-gaining-safety-for/" } ], "@id": "https://sms4smile.com/quotes/henry-ford/many-persons-think-that-by-hoarding-money-they-are-gaining-safety-for/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```