Spend Less Than You Earn

"Spend less than you earn. This is simple counsel but a powerful secret for financial happiness. All too often a family’s spending is governed more by their yearning than by their earning. They somehow believe that their life will be better if they surround themselves with an abundance of things. All too often all they are left with is avoidable anxiety and distress. Those who live safely within their means know how much money comes in each month, and even though it is difficult, they discipline themselves to spend less than that amount"


Joseph B. Wirthlin Conference Report, Apr. 2004," Earthly, Heavenly Debts"