We've drifted away from being fishers of men to being keepers of the aquarium.
Paul HarveyRead
When your outgo exceeds your income, the upshot may be your downfall.
Interpretation
What this quote means
Spending more money than you earn can lead to financial ruin.
This quote by Paul Harvey highlights the importance of managing one's finances effectively. When expenses surpass income, it can create a cycle of debt and eventual financial instability, serving as a warning against reckless spending and underscoring the need for fiscal responsibility.
Themes
FinanceSpendingBudgetDebtIncome
In practice
Example use cases
In a financial literacy workshop, the instructor quoted Paul Harvey to emphasize the importance of budgeting.
More from Paul Harvey
All quotes βOne vote. That's a big weapon you have there, Mister. In 1948, just one additional vote in each precinct would have elected Dewey. In 1960, one vote in each precinct in Illinois would have elected Nixon. One vote.
Paul HarveyRead
In times like these, it helps to recall that there have always been times like these.
Paul HarveyRead
I've never seen a monument erected to a pessimist.
Paul HarveyRead
Oh, things always get better. Tomorrow will always be better. Just think about it . . . is there any time in history in which you'd rather live than now?
Paul HarveyRead
We were poor, but we didn't know it. There were no government bureaus in those days presuming to determine where poorness begins and ends, but I don't remember ever being hungry.
Paul HarveyRead
Similar quotes
There is always something to worry about. Avoid weekend thinking and ignoring the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.
Peter LynchRead
The financial industry is a service industry. It should serve others before it serves itself.
Christine LagardeRead
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested
Peter LynchRead
The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
Jim RogersRead
At long as a stock is acting right, and the market is right, do not be in a hurry to take profits. One should never permit speculative ventures to run into investments.
Jesse Lauriston LivermoreRead
People come in. They are too gung ho. They invest too much money in things they don't know. They lose it and then they clam up and stop investing. Then they miss the actual boom. That's the nature of the market.
Naval RavikantRead