Quote by C. Northcote Parkinson

Expenditures rise to meet income.


Expenditures rise to meet income.

Summary

This quote suggests that individuals tend to spend all of their income rather than saving or investing it. As people's income increases, their expenditures also increase, leaving little room for saving. It implies that individuals often have a tendency to adjust their spending habits based on the amount of money they earn, leading to a constant need for a higher income to sustain their desired lifestyle.

Topics

Value
By C. Northcote Parkinson
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