All I Need to Know About Money I Learned from Don Quixote

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By the author of The Faithful Prepper An Arm and a Leg, The Prepper’s Guide to Post-Disaster Communications, and Zombie Choices.

My favorite fiction book of all time is Don Quixote. I first read it years ago, and not only did I find it hilariously clever, but I thoroughly enjoyed all of the actual wisdom that was written down in this book, regularly spilling out of Pancho’s mouth. I just finished rereading the book (it took me years to find a cloth-bound version, but I was finally able to pick one up instead of having to use the library), and after our article yesterday examining famous quotes on money, I thought we could delve into some of what Don Quixote and his ilk had to say on the subject.

No, the title is misleading. Not everything I learned about money came from Don Quixote, but nevertheless, perhaps we can learn a thing or two here.

don quixote

Hunger is the best sauce in the world.

At first glance, this doesn’t look like it would pertain to money, but why are people hungry? Because they don’t have money. I think the deeper point here is that retaining a proper perspective on things allows us to remain grateful for what we have – even the “little” stuff, such as lunch.

A tooth is much more to be prized than a diamond.

For starters, diamonds aren’t a girl’s best friend. Experience has taught me that Mexican food is. It doesn’t matter where she comes from; you put a plate of steak Talavera and queso in front of her, you will have reached her heart.

The point of this quote here, though, is that the practical does you more good than the luxury. There’s nothing wrong with owning diamonds or things aglitter. But when the chips fall, having the tools and ability to accomplish the daily needs and activities of life needs to come first.

So take care of your bills, get your health in order, and put food in the fridge. Then, maybe you can jump into enjoying a luxury.

The foolish remarks of the rich man pass for wisdom in the world. 

Just because somebody has a lot of money, it doesn’t make them an automatic sage. Plenty of stupid people have won the lottery. Sure, if you want to learn how to manage or invest money, ask a rich person. But don’t fall into the trap of thinking that their advice is golden simply because their pockets are.

He who loses wealth loses much; he who loses a friend loses more, but he that loses courage loses all. 

The point? Money matters, yeah, but there are far more important things out there in the world. Value people more, and don’t forget that there truly is a cost to losing your reputation.

Never stand begging for that which you have the power to earn.

Don’t be a lazy butt! You want something? Well, get off your butt, show a little self-respect, and go earn it. The world doesn’t owe you beans! Nobody likes a worthless mooch. If you can’t earn it, and you don’t really need it, perhaps your reputation would be best served by shutting up. (Admittedly, I think you can over-apply this particular lesson.)

A good name is better than bags of gold. 

Again, we turn to the value of reputation. Don’t treat people like dirt in your quest for money. They matter more. And honestly, if you’re going to act like a turd, don’t be surprised when people start treating you like crap.

don quixote

A stout heart breaks bad luck. 

You feel as if a series of unfortunate events keep happening to you and wrecking your finances? Join the club. I’m fairly positive that’s just a part of life for the majority of us. About 90% of those I talk to on a regular basis are right there in that boat with us.

Sure, you can get down in the dumps about your bad luck and lack o’ money. But it won’t really do anything for you other than cause your fridge to be out a gallon of ice cream. What will assist in fixing the problem is a stout heart. Keep getting back up, attack the giant, and take the hard steps it takes to help get your finances in order. (Reading these books may help.)

The gratification of wealth is not found in mere possession or in lavish expenditure but in its wise application.

Have you ever experienced buyer’s remorse? You bought something expensive on a whim (perhaps a “lavish expenditure”) and then wished you had the money instead a week later? You would have been happier with that money had you used it wisely. Maybe it would have been better served applying to a debt, being invested, or (*steps away from keyboard* *somebody else steps up*) buying something special for your significant other.

Was Don Quixote on the money here? 

Or was he, once more, tilting at windmills? Let me know if you think he nailed the mark in the comment section below.

About Aden

Aden Tate is a regular contributor to and Aden runs a micro-farm where he raises dairy goats, a pig, honeybees, meat chickens, laying chickens, tomatoes, mushrooms, and greens. Aden has four published books, The Faithful Prepper An Arm and a Leg, The Prepper’s Guide to Post-Disaster Communications, and Zombie Choices. You can find his podcast The Last American on Preppers’ Broadcasting Network.

All I Need to Know About Money I Learned from Don Quixote
Picture of Aden Tate

Aden Tate

About the Author Aden Tate has a master’s in public health and is a regular contributor to,,,,, and Along with being a freelance writer he also works part-time as a locksmith. Aden has an LLC for his micro-farm where he raises dairy goats, a pig, honeybees, meat chickens, laying chickens, tomatoes, mushrooms, and greens. Aden has two published books, The Faithful Prepper and Zombie Choices. You can find his podcast The Last American at Preppers’ Broadcasting Network.

3 thoughts on “All I Need to Know About Money I Learned from Don Quixote”

  1. These quotes are about the thoroughly dishonest system of central banking whereby currency unbacked by commodities (such as gold) can be counterfeited at will to steal more purchasing power from a population than it would otherwise tolerate by a published increase in taxes. The first two Rothschild style central banks in American after our Revolution were fortunately scrapped. The third attempt succeeded after secret British money bought our 1912 election for Woodrow Wilson who would sign off on the “Federal Reserve” in order to finance America’s participation with Great Britain in the coming European civil war. The result of that wartime counterfeiting was to raise our general price level about 25%. That history helps put the following two quotes better into perspective:

    “Mayer Amschel Rothschild, who founded the great international banking house of Rothschild which, through its affiliation with the European Central Banks, still dominates the financial policies of practically every country in the world, said: ˜Permit me to issue and control the money of a nation, and I care not who makes its laws.”
    — Mayer Amschel Rothschild (1744 – 1812)

    “The few who understand the system, will either be so interested from it’s profits or so dependent on it’s favors, that there will be no opposition from that class.”
    — Mayer Amschel Rothschild


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