A Quote by Andrew Jackson
Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
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Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man's surety.
You must, to get through life well, practice industry with economy, never create a debt for anything that is not absolutely necessary, and if you make a promise to pay money at a day certain, be sure to comply with it. If you do not, you lay yourself liable to have your feelings injured and your reputation destroyed with the just imputation of violating your word.
If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.
People get out ahead of themselves in debt with spending on all of their desires. But if you learn to live pretty simply and well, well under your means, you feel incredibly, incredibly rich, and that frees you up and gives you the option to start something new, to leave the job you're not excited about, where there might be a glass ceiling on you.
When you don't have to depend upon your creative work for money, you'll never really have to compromise... Knowing that is hugely liberating as well as artistically clarifying... Being practical about where your money comes from means you can be romantic about your writing... I believe that a healthy society is one that supports its artists, but I also know that that privilege, of being only an artist, is afforded to just a small number. Most of us have to find something else - or live a highly disciplined life, which I'm not willing to do.
When you never leave the literary biosphere, you forget how few people actually read books, and that in turn makes you start overestimating both your ability to make money and your relative renown, which has dangerous consequences: the first means you may end up in debt; the second means you may end up a horrid bore.
Follow your dreams as long as you live! Never be afraid to go out on the limb to live up to your expectations. Always do things your way and Have Fun!
I was born on a plantation, and things weren't so good. We didn't have any money. I never thought of the word 'poor' till I got to be a man, but when you live in a house that you can always peek out of and see what kind of day it is, you're not doing so well. And your restroom is not inside the house.
I was born on a plantation, and things weren't so good. We didn't have any money. I never thought of the word 'poor' 'til I got to be a man, but when you live in a house that you can always peek out of and see what kind of day it is, you're not doing so well. And your rest room is not inside the house.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
My grandmother told me: 'Never be in debt to anyone or anything.' Which is probably why I've never been financially extravagant - I still go to Costco. I'm always conscious of living within my means.
Doing risk sports had taught me another important lesson: never exceed your limits. You push the envelope and you live for those moments when you’re right on the edge, but you don’t go over. You have to be true to yourself; you have to know your strengths and limitations and live within your means. The same is true for a business. The sooner a company tries to be what it is not, the sooner it tries to ‘have it all,’ the sooner it will die.
I urge you to live within your means. One cannot spend more than one earns and remain solvent. I promise you that you will then be happier than you would be if you were constantly worrying about how to make the next payment on nonessential debt.
Believe in miracles but don't depend on them. When you hear kind word spoken about a friend, tell him so. Spoil your spouse, not your children. Never make fun of someone who speaks broken English. It means they know another language. To help your children turn out well, spend twice as much time with them and half as much money.
Live below your means but within your needs.
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