Calvin Coolidge: Living Within Your Means
on Tuesday, November 24, 2015Calvin Coolidge Money Quotation saying nothing else impresses nearly so much as being dignified while living well on what you have. Calvin Coolidge said:
“There is no dignity quite so impressive, and no independence quite so important, as living within your means” — Calvin Coolidge
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In this quote, Calvin Coolidge is emphasizing the importance of fiscal responsibility and not living beyond one’s means financially. He argues that maintaining a lifestyle where expenses are covered by regular income, without accumulating unsustainable debt, is vital for both personal dignity and independence.
Coolidge suggests that being able to pay your own way through life confers a sense of self-worth and integrity, as opposed to relying on credit or the help of others. He implies living within budgetary constraints fosters autonomy, as one is not beholden to lenders.
The quote conveys Coolidge’s view that prudent spending aligned with one’s financial resources is key for preserving both respect and freedom from burdensome financial obligations that could compromise decision making. In short, Coolidge promotes living at a sustainable level that maintains fiscal independence and a sense of pride from self-sufficiency.
Birthday: July 4, 1872 – Death: January 5, 1933
