Quote by Anon., attributed to Bill Earle,

If your outgo exceeds your income your upkeep will be your downfall.

If your outgo exceeds your income your upkeep will be your d

Summary

This quote suggests that if one consistently spends more money than they earn, they will face financial downfall. It emphasizes the importance of managing and prioritizing one's expenses in relation to their income. Failing to do so leads to unsustainable levels of debt and ultimately results in an inability to maintain one's standard of living. It highlights the need to live within one's means to avoid financial turmoil and ensure financial stability.

Topics

Economics

By Anon., attributed to Bill Earle,

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