Tuesday, August 12, 2008

Thomas Jefferson: Third president of the United States

"Never spend your money before you have it."

Sounds like commonsense advice — if only it were commonly followed. Millions of Americans have fallen into the dollar-disintegrating habit of spending tomorrow’s money today, with the government being the leading offender. A couple of million-dollar habits that will serve you well are to budget your money only after it’s received. And always pay yourself.

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