Search
Send Email
This form does not yet contain any fields.
    Dale’s Books

    Dale Best

    • Gems for the Day (Daily Devotions)
      Gems for the Day (Daily Devotions)
      by Dale Best
    • Living the Bible: Stepping through the Gospels (Volume 4)
      Living the Bible: Stepping through the Gospels (Volume 4)
      by Dale Best
    • Every Day With A King: Daily Devotions With King David
      Every Day With A King: Daily Devotions With King David
      by Dale Best
    • Easy Lessons for Successful Living (Volume 3)
      Easy Lessons for Successful Living (Volume 3)
      by Dale Best
    • Every Day with a King (Christian Devotions)
      Every Day with a King (Christian Devotions)
      by Dale Best
    • Living with the Bible: Stepping through the Gospels
      Living with the Bible: Stepping through the Gospels
      by Dale Best
    • Easy Lessons for Successful Living
      Easy Lessons for Successful Living
      by Dale E. Best
    « Reverence | Main | Creativity »
    12:00AM

    Thrift

    One business man noticed that several of his business friends failed. He noticed that in the third year of their thriving new business they bought too much machinery or a new truck. Be careful to not owe more than we are worth. We would have been better off being thrifty and taking advantage of bargains that were available.

    Much of today’s society listens to advertisements and believes they have a right to the latest model of anything. Old timers’ will present the sage advice of “spend less than your income.”

    People who can’t save on a regular basis are seldom successful. Benjamin Franklin is quoted as saying “a penny saved is a penny earned.” With the accumulation of pennies one can invest. The basic principle is similar to an old fashioned stove that will not give heat unless we first give it wood.

    Investing forces others to pay us to use our money instead us shelling out money on high interest loan. After a lifetime of using dollar averaging, one can become financially secure. Dollar averaging is investing regularly in a bull, as well as a bear market. If we are short sighted and don’t invest, there will be no return at the end of our working career.

    PrintView Printer Friendly Version

    Reader Comments

    There are no comments for this journal entry. To create a new comment, use the form below.

    PostPost a New Comment

    Enter your information below to add a new comment.

    My response is on my own website »
    Author Email (optional):
    Author URL (optional):
    Post:
     
    Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>