A Quote by Malcolm Turnbull
In economics, one of the most important concepts is 'opportunity cost' - the idea that once you spend your money on something, you can't spend it again on something else.
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Money is all about opportunity cost. Every time you spend on something, that's something you can't spend on something else.
Once people know that you can spend the money and that you're willing to spend the money and that you're set up to spend the money in politics, then your threat to spend the money is as convincing as actually spending it.
I think, in every situation, it's important to find the right balance. If you have to spend money, try and spend that money in the right way to take players with the right characteristics for your idea of football.
People should decide 'are you willing to spend all this money to go to Mars?' I think the average person on the ground would never spend that amount of money - they have to spend it on something that makes sense and this is definitely saving our planet.
Social Security is a fraudulent scheme in which the government collect money from you for your retirement - and immediately spend the money on something else.
Don't spend all of your money a quarter at a time. Save up and buy something special, something fine, something of lasting value, or something that will give you rich memories for a lifetime. Remember, all that candy money can add up to a small fortune.
Doing good with other people's money has two basic flaws. In the first place, you never spend anybody else's money as carefully as you spend your own. So a large fraction of that money is inevitably wasted. In the second place, and equally important, you cannot do good with other people's money unless you first get the money away from them. So that force - sending a policeman to take the money from somebody's pocket - is fundamentally at the basis of the philosophy of the welfare state.
When you want to get good at something, how you spend your time practicing is far more important than the amount of time you spend.
The President sends us a billion-page paper that shows how he would spend the money if he were spending the money. He doesn't have the authority to spend the money. He doesn't spend $1 of the money.
It's so hard in the NFL, man. You spend the course of a long week preparing for one opportunity. And once you get that opportunity and you get in that moment, it's just an amazing feeling. It's something you should celebrate about, something you should be excited about.
Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.
Somebody said, 'Roger doesn't know how to spend money.' And I thought, 'I don't spend money because I don't have it!' If I had it, I could spend money! That's about the only time I was told that!
If you spend your own money on yourself, you care how much you spend and how well you spend it. If you spend your own money on someone else, you care how much you spend, but you don't care how well it is spent. If you spend someone else's money on yourself, you don't care how much you spend, but you do care how well it is spent. And finally, if you spend someone else's money on someone else, you don't care how much you spend, and you don't care how well it is spent. That is government.
At the beginning of a remodel, money is everything, but as you go along, it becomes secondary to the vision. You can't have the house looking like a glorious jewel and leave the cracked linoleum or the icky light fixture, so you spend and spend and spend. Then one day it suddenly occurs to you that all that play money you've been throwing around is real - and it's in someone else's bank account.
I'm always running around trying to raise money to make the films. Fortunately, I've been able to do that, but if I can't, at this point, it's not like I wanted to spend a lot of time putting together, you know, you spend a year of your life on something, you go, "What the hell am I doing that for?"
I usually just dress myself. I typically make something or buy something and fix it up. I really like to spend my money on accessories like bags, shoes, belts. I don't really spend on things I can make.
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