Posts Tagged ‘afford’

Affordable Need

Posted: April 24, 2014 in Money Matters
Tags: , , , ,

“The fact is, Americans love to get things they can’t afford….  And the chasm between what folks think they need and what they can afford is only getting wider.” -Stansberry Investment Advisory

“Most people don’t have the discipline to save and sacrifice…. And the chasm between what folks think they need and what they can afford is only getting wider…. Not surprisingly, many people love to do what they shouldn’t…. But they simply can’t afford to buy these things any other way… and they don’t want to live without them.” So, what is the lesson? “Learn the rules of debt and credit, be the bank.” -Stanberry’s Investment Advisory

Developing a private reserve takes discipline, but failing to do so is a costly endeavor.