Josh Billings: Living Within Your Means
on Wednesday, November 10, 2010Josh Billings Funny Money Quote – Money Quotation saying that borrowing money is acceptable if it will keep you from over-extending yourself. Josh Billings said:
“Always live within your income, even if you have to borrow money to do so” — Josh Billings
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In this quote, Josh Billings is providing a bit of tongue-in-cheek financial advice. By suggesting that one should “live within your income, even if you have to borrow money to do so”, Billings acknowledges that maintaining a lifestyle within one’s means often requires going into debt.
The implication is that for many people, just keeping up appearances of not overspending may necessitate taking on loans despite outflows exceeding inflows.
Overall, Billings seems to be humorously pointing out the flawed logic and precarious position that results from prioritizing the image of fiscal responsibility over true financial stability.
Birthday: April 21, 1818 – Death: October 14, 1885 aka: Henry Wheeler Shaw