Notes & Quotes: The Money Code by H.W. Charles

The following notes and quotes are from The Money Code: Become a Millionaire With the Ancient Jewish Code by H.W. Charles.

Jewish people view wealth as a blessing and look down on poverty because it cannot help anyone.

What you learn is useless if you don't use it.


Jews are estimated to be than 1% of the world's population yet approximately 25% of the world's billionaires are Jewish.

"Religion is an important factor in wealth accumulation, a factor that hasn't received a lot of attention." Lisa Keister

Lisa A Keister says that religion influences the accumulation of wealth directly because "it shapes values and priorities, contributes to the set of competencies from which action is constructed, and may provide important social contacts."

Through obtaining wisdom he will obtain wealth.

Wisdom is defined as the quality of having experience, and being able to discern or judge what is true, right, or lasting.

A wise person has knowledge, applies it, and succeeds at living well.

With great wisdom, comes great wealth and success.

You can find wisdom through practicing humility, reading books, and from interacting with others.

When you are humble, you also feel that you can learn from everyone you encounter.

In Jewish tradition, books are buried instead of being thrown away; this shows the depth of respect that Jews have for books.

Zig Ziglar, who built a wildly successful career in sales, said, "Rich people have small TVs and big libraries, and poor people have small libraries and big TVs."

Many Jews understand that time is more valuable than money.  You can always recover money, but you can never recover time.  Jews value their time and understand that it is the most precious commodity.  They spend their time acquiring wisdom, acquiring wealth, or contributing to society.

Jews view wealth and success as a blessing and gift from God.

Jesus may have lacked possessions, but he had money.

Jesus taught that the problem was attachment to possessions and dependence on money rather than dependence on God.

Many schools of Greek philosophy held a belief that all physical matter was flawed.  Only that which was spirit could be perfect.

[Money is a] neutral substance that can be used for good or for bad depending on who is using it and how it is used.

"Love people and use money," should be everyone's motto in life.

Poverty is the real problem.

People serve mammon when they work very hard for their money their whole life, rather than making money work hard for them.

Why is it that people bring children into the world and then leave them to be raised by strangers?

Contributing to society in a large way is the ultimate purpose of every human being and this requires time away from working just to pay the bills.

The rabbis explain that unless people's stomachs are full and satisfied, they cannot study, grow spiritually, and do good works.

Jewish texts have portrayed poverty as an unjustifiable burden.

The Talmud mentions that a poor person is considered dead (Nedarim 64).

Jews know that anyone who can't support themself or help others is hampered in what they can accomplish.

One of the most important factors that propels many Jews to success is they do not let others bring them down.

Politician Robert G Allen said, "Don't let the opinions of the average man sway you.  Dream, and the thinks you're crazy.  Succeed, and he thinks you're lucky.  Acquire wealth, and he thinks you're greedy.  Pay no attention.  He simply doesn't understand."

The Tanakh teaches that, "The diligent will rule, while the lazy will be put to forced labor" (CJB, Proverbs 12:24)

Jews believe that people are creators, not consumers.

The role of humans is to improve and perfect God's creations through creation and innovation.

Judaism does not believe in taking the natural world as it is; humans are meant to take the materials God provided and improve on them.

Successful Jews are persistent and don't let failure stop them.

Continuing failure eventually leads to success.

Write down or mentally take note of the steps of action you must take in order to achieve your goals and then take action!

Whenever you pursue a goal, it should be with complete focus.

It's better to focus on work for one hour straight, than for two hours with interruptions.

Happiness does not result from pleasure, but rather, from reaching one's goals.

When we understand that our purpose in this world is to strive toward purposeful accomplishment, precisely then will we experience happiness.

Continue at your business trying different ways of conducting it.

"In all work there is profit, but mere talk produces only poverty" (CJB, Proverbs 14:23).

Only through work it is possible to produce the results that create wealth.

Only when one loves his career and is skilled at it can he truly succeed.

Wealth is a planned result that requires productive work and dedication.

The Talmud teaches that, "One's money should always be ready to hand."

People consume too much while saving very little.

Hold back on purchasing all you desire, until you can truly afford it.

Unwise borrowing puts you in a position of servitude (Proverbs 22:7).

All actions have consequences, as do all inactions.

For every effect in one's life, there is a specific cause.  Disloyalty in marriage destroys oneness.

Do not cause unnecessary suffering to any creature.

Justice is God's business, but we are given the charge to lay down necessary laws and enforce them whenever we can.

Enduring wealth can only be acquired through working honestly and not hurting others.

Humans need rest for every six days of work.  A complete day of rest regenerates the body and mind and prepares a person for another six days of work.

The sages tell us that wealth is among the things decreed by fate or by natural design (Moed Katan 28a).

Religious Jews give maaser kesafim, which means giving at least ten percent of their income to the poor.

Jews believe that the blessing of God allows one to get wealth.

The book Jewish Wisdom for Business Success says, "Try to build your merit.  This involves praying, giving to charity, and helping others."

"If a member of your people has become poor, so that he can't support himself among you,  you are to assist him as you would a foreigner or a temporary resident, so that he can continue to live with you" (CJB, Leviticus 25:35).

Jews, who are only about 2% of the American population, are 30% of America's most generous donors.

According to Judaism, the benefit of giving to the poor is so great that a beggar is actually doing the giver a favor by allowing the person to give.

The Tanakh says not to hold back when someone asks you to give them.

The Chofetz Chaim says that it is praiseworthy to give smaller, but more frequent amounts to the poor.

You must give before you receive.

Jews understand that the purpose of life is not only to create, innovate, accumulate wealth, and improve on the material world, but also to care for those in need.


Clergyman John Wesley summed it up perfectly: "Earn as much as you can.  Save as much as you can.  Invest as much as you can.  Give as much as you can."

What were some of your favorite quotes?  If you enjoyed the quotes above, i recommend that you read the book for yourself.