The following list of 10 financial principles were penned by the Reverend William J. H. Boetcke.[i]  Part of the beauty of these remarks is that they are short, to the point, and easily understood by anyone.

 

• You cannot bring about prosperity by discouraging thrift.
• You cannot help small men by tearing down big men.
• You cannot strengthen the weak by weakening the strong.
• You cannot lift the wage earner by pulling down the wage payer.
• You cannot help the poor man by destroying the rich.
• You cannot keep out of trouble by spending more than your income.
• You cannot further the brotherhood of man by inciting class hatred.
• You cannot establish security on borrowed money.
• You cannot build character and courage by taking away men’s initiative and independence.
• You cannot help men permanently by doing for them what they could and should do for themselves.

 

 

Your thoughts on this subject?  Your comments appreciated!

[i] William J.H.Boetcke, Retrieved August, 2005: http://quotes.liberty-tree.ca/quotes.nsf/.

 

 

Content © Rich Brott, 2011

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