Financial peace of mind is not determined by how much we make, but is dependent upon how much we spend!
Many marriage tragedies are caused, not by lack of money, but rather by the mismanagement of it.
[Debt] It has driven thousands to drink, and the worry and anxiety it has created have literally taken the lives of many of our ablest men. It has prostrated individuals, enterprises and nations.
I hope we will never again see such a depression. But I am troubled by the huge consumer installment debt which hangs over the people of the nation, including our own people.
I commend to you the virtues of thrift and industry. In doing so, I do not wish you to be a "tightwad," if you will pardon that expression, or to be a freeloader, or anything of the kind.
I came here with nothing, with maybe a hundred bucks in my pocket and had to get a job. And these wealthy people who had made their money themselves, I worked for. It did show me what could be achieved in America, what's possible if you have some vision to take big risks.
Perhaps our greatest concern is with families. The family is falling apart all over the world. The old ties that bound together father and mother and children are breaking everywhere. We must face this in our own midst. There are too many broken homes among our own. The love that led to marriage somehow evaporates, and hatred fills its place. Hearts are broken, children weep.
How important are money management and finances in marriage and family affairs? Tremendously. The American Bar Association recently indicated that 89 percent of all divorces could be traced to quarrels and accusations over money. Another study estimated that 75 percent of all divorces result from clashes over finances. Some professional counselors indicated that four out of every five families wrestle with serious money problems.
Although goal setting can clearly be overdone, only a few people are overly involved with goals and goal setting; most people do far too little goal setting, including the reflecting that precedes the setting of such goals. Too many marriages have financial goals but not other explicit goals. Yet the gospel is certainly goal-oriented.
A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.
A European currency will lead to member-nations transferring their sovereignty over financial and wage policies as well as in monetary affairs... It is an illusion to think that States can hold on to their autonomy over taxation policies.
What is the explanation for the blind eye that has been turned on the flood of medical reports on the causative role of carbohydrates in overweight, ever since the publication in 1864 of William Banting's famous "Letter on Corpulence"? Could it be related, in part, to the vast financial endowments poured into the various departments of nutritional education by the manufacturers of our refined carbohydrate foodstuff?
I've seen many miracles take place in people's lives. Financial miracles, miracles of physical healing, mental healing, healing of relationships.
The only thing that we know about financial predictions of start-ups is that 100 percent of them are wrong
There is no doubt that many expensive national projects may add to our prestige or serve science. But none of them must take precedence over human needs. As long as Congress does not revise its priorities, our crisis is not just material, it is a crisis of the spirit.
We developed at the local school district level probably the best public school system in the world. Or it was until the Federal government added Federal interference to Federal financial aid and eroded educational quality in the process.
The only reason for a government service is precisely to provide financial support for an operation that is otherwise unsustainable, or else there would be no point in the government's involvement at all.
The only really effective means of enabling States to deal with the grave problem of poverty is to provide them with the necessary resources through foreign financial aid - public and private - granted under reasonable conditions, within the framework of international commercial relations regulated with fairness.
The major media companies are significantly reducing their financial commitment to the motion picture sector.
I believe my publisher has shown a great deal of faith in me over a lot of years but I'm not prepared to be so arrogant to say that the long-term literary value of my work would compensate them for a financial failure.
A second reason why science cannot replace judgement is the behavior of financial markets.
Well the specific role of the World Bank is to be ready with financial assistance immediately after this emergency takes place because you need to reconnect water, you need to reconnect power, you need roads, you need bridges, and that has to be done urgently.
What they will try to do is get symbolic victories. Symbolism is important to them. They have little else. But they will strike, I believe, at centers of media, of financial, of American power, of American culture; and that is where we should place our bet.
The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which we live.
But with lots of good ideas, implementation is the key, and so we need to keep our eye on the ball as we go forward and make sure that people honor their pledges in terms of financial commitments, and that we actually use this money so that it makes a real difference.
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