Here are some thoughts from one of America's earliest investors -
"Creditors have better memories than debtors; creditors are a superstitious sect, great observers of set days and times." The day comes round before you are aware, and the demand is made before you are prepared to satisfy it; or, if you bear your debt in mind, the term, which at first seemed so long, will, as it lessens, appear extremely short: "Time will seem to have added wings to his heels as well as his shoulders.
Those have a short Lent, who owe money to be paid at Easter." At present, perhaps, you may think yourselves in thriving circumstances, and that you can bear a little extravagance without injury; but
"For age and want save while you may,
No morning sun lasts a whole day."
'Gain may be temporary and uncertain; but ever, while you live, expense is constant and certain; and "It is easier to build two chimneys, than to keep one in fuel," as Poor Richard says: so, "Rather go to bed supper-less, than rise in debt,"
No comments:
Post a Comment