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“Borrowing and spending money never leads to prosperity or happiness. It is advisable to live within our means and avoid debt. Borrowing money is simply one method of deferring absorbing today’s pain in exchange for repaying it with greater pain on a later day. Acceptance of a short period of discomfort is wiser than to mortgage a person’s future.” — Kilroy J. Oldster
Borrowing and spending money never leads to prosperity or happiness. It is advisable to live within our means and avoid debt. Borrowing money is simply one method of deferring absorbing today’s pain in exchange for repaying it with greater pain on a later day. Acceptance of a short period of discomfort is wiser than to mortgage a person’s future.