A part of all you earn is yours to keep…
There are two kinds of people in the world: those who borrow and spend and those who save and invest. Our social and culture environment has made it very easy to borrow and spend and we seem to have forgotten the virtue of saving and investing. While this virtue will be more easily and appropriately cultivated in conjunction with Wisdom, this motto of Arkad in The Richest Man in Babylon
A part of all you earn is yours to keep…
We must stop spending our future income on our current appetites and begin not only to live within our means, but to invest in our future, as well. For some of us, this is very difficult–our culture has made it very difficult! Insofar as we are able, however, we must take responsibility for our finances and work to make this easier for our children and grandchildren.
We can begin, today, by remembering this truth and sharing it– by precept and example –with the next generation: A part of all you earn is yours to keep…
A Memo For You 