A Quote by Logan Pearsall Smith
There are few sorrows in which a good income is of no avail.
Related Quotes
There are few sorrows, however poignant, in which a good income is of no avail.
This world is not a vale of sorrows if you will recognize discriminatingly what is truly excellent in it; and if you will avail yourself of it for mutual happiness and well-being. Therefore, let us explain as often as possible, and particularly at the departure of life, that we base our faith on firm foundations, on Truth for putting into action our ideas which do not depend on fables and ideas which Science has long ago proven to be false.
When fresh sorrows have caused us to take some steps in the right way, we may not complain. We have invested in a life annuity, but the income remains.
I prefer an income tax, but the truth is I am afraid of the discussion which will follow and the criticism which will ensue if there is an other division in the Supreme Court on the subject of the income tax. Nothing has injured the prestige of the Supreme Court more than that last decision, and I think that many of the most violent advocates of the income tax will be glad of the substitution in their hearts for the same reasons. I am going to push the Constitutional amendment, which will admit an income tax without questions, but I am afraid of it without such an amendment.
In their struggle for the ethical good, teachers of religion must have the stature to give up the doctrine of a personal god, that is, give up that source of fear and hope which in the past placed such vast power in the hands of priests. In their labors they will have to avail themselves of those forces which are capable of cultivating the Good, the True, and the Beautiful in humanity itself. This is, to be sure, a more difficult but an incomparably more worthy task.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
In order to have quality journalism you need to have a good income stream, and no Internet model has produced a way of generating income that would pay for good-quality investigative journalism.
Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
God gives us power to bear all the sorrows of His making; but He does not give us power to bear the sorrows of our own making, which the anticipation of sorrow most assuredly is.
History teaches us that there have been but few infringements of personal liberty by the state which have not been justified, as they are here, in the name of righteousness and the public good, and few which have not been directed, as they are now, at politically helpless minorities.
We grant no dukedoms to the few,
We hold like rights and shall;
Equal on Sunday in the pew,
On Monday in the mall.
For what avail the plough or sail,
Or land, or life, if freedom fail?
In my dream, I was drowning my sorrows But my sorrows they learned to swim
Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.
The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.
There is another form of temptation, even more fraught with danger. This is the disease of curiosity. It is this which drives us to try and discover the secrets of nature, those secrets which are beyond our understanding, which can avail us nothing and which man should not wish to learn.
The collective income of all these people - the bottom half - is less than three percent of global household income, and so there is a grotesque maldistribution of income and wealth.
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