Frank A. Clark: Earning vs. Using
on Thursday, August 13, 2020Frank A. Clark Money Quote saying that people focus on income rather than on spending as a route to financial security. Frank A. Clark said:
“Many folks think they aren’t good at earning money, when what they don’t know is how to use it” — Frank A. Clark
In this quote, Frank A. Clark is suggesting that some people believe they lack an ability to earn money, when the real issue may be a lack of skill or knowledge in how to effectively manage and utilize the money they do earn.
By stating that many folks “don’t know how to use it”, Clark implies that poor money habits related to budgeting, saving, investing or avoiding overspending are a bigger hindrance than any deficiencies in income generation.
The quote conveys the perspective that for some individuals, financial challenges stem not from an inability to make money, but rather from not properly applying money management principles to make their earnings work for them through wise spending, saving habits and longer-term planning.
Overall, Clark seems to be saying that people should examine both their money-earning capacity and money-handling abilities before concluding that one over the other is the root cause of their financial situation.