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Never spend your money before you have earned it.
Thomas Jefferson
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Interpretation

What this quote means

This quote advises against spending money that has not yet been earned, emphasizing financial prudence.

Thomas Jefferson’s quote highlights the importance of financial responsibility and the necessity of earning money before making expenditures. It serves as a reminder to avoid living beyond one's means and to consider the consequences of debt or overspending, promoting a mindset of careful management of resources.

Themes

MoneyFinancial ResponsibilityEarningSpendingWisdom

In practice

Example use cases

This quote can be used in a financial literacy workshop to stress the importance of budgeting.

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The firmness with which the (American) people have withstood the... abuses of the press, the discernment they have manifested between truth and falsehood, show that they may safely be trusted to hear everything true and false and to form a correct judgment between them.
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I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared
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β€ŽWe must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.
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Very many and very meritorious were the worthy patriots who assisted in bringing back our government to its republican tack. To preserve it in that, will require unremitting vigilance.
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A nation, as a society, forms a moral person, and every member of it is personally responsible for his society.
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Timid men prefer the calm of despotism to the tempestuous sea of liberty.
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