Wednesday, May 14, 2014

Save While You Can

Successful Investors around the globe agree - Start Saving early if you want to accumulate wealth. Warren Buffet took decades to acquire the incredible fortune he has today.



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,"

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