A Quote by Ray Dalio
Pull in your belt, spend less, and reduce debt.
Related Quotes
New Zealand as a whole needs to save more, spend less and reduce our reliance on foreign debt.
Most people don't know this, but if you settle a debt for less than the amount you owed, you are potentially responsible for taxes on the forgiven debt. Look at it this way: You received goods and services for the full amount of debt, but you're only paying for a portion of it - sometimes less than 50%. Anything more than $600 is generally considered taxable, but the IRS will sometimes waive the tax if you can prove that your assets were less than your liabilities when the debt was settled.
I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.
You know the most important thing the Americans did for Iraq apart from liberating the country from Saddam was helping Iraq reduce its debt. The United States worked very hard to reduce 80 percent of Iraqi debt.
If we reduce batch sizes by half, we also reduce by half the time it will take to process a batch. That means we reduce queue and wait by half as well. Reduce those by half, and we reduce by about half the total time parts spend in the plant. Reduce the time parts spend in the plant and our total lead time condenses. And with faster turn-around on orders, customers get their orders faster.
With a stretch belt, anything can be a dress - a dinner napkin, a tablecloth, even a towel. Just wrap and snap, and away you go in an incredible outfit. Another plus is that the belt will pull all eyes to your lovely curves, and they even look good around a coat or a jacket.
Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.
Wear a belt! It's an easy way to pull together your outfit. Just be sure to match it to your shoes.
Students from disadvantaged backgrounds will have the most debt, and then, being less likely than their affluent peers to go straight into high paying jobs, they will spend most of their working lives trying but failing to pay off that debt.
So we are in for years of debt deflation. That means that people have to pay so much debt service for mortgages, credit cards, student loans, bank loans and other obligations
that they have less to spend on goods and services. So markets shrink. New investment and employment fall off, and the economy is falls into a downward spiral.
A recession is when your neighbour has to tighten his belt. A depression is when you have to tighten your own belt. And a panic is when you have no belt to tighten and your pants fall down.
Serious people need to work hard to reduce the debt, reduce taxes, and slash regulation on the small businesses and families that are the lifeblood of new jobs and innovation in our state.
Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.
It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.
I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more
Your shoes have to match your belt. That's rule number one for guys. You can't put the brown shoes with the black belt. Or a brown belt with a black wristwatch. Just don't do it! Also, I don't like boots with suits. And when you wear sneakers, make sure they go with your shirt.
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