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#spending

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I recently instituted a (personal) "walking around money" budget of 5 GBP/day. It seems to be having the intended positive effect by making me genuinely weigh up whether I *really* need this coffee, or that chocolate bar.

I'm interested in other folks' ways of handling this sort of problem. Do you have a daily-spending-money budget? Does it influence your behaviour in the ways you want? #personalfinance #money #retail #spending

A quotation from Teddy Roosevelt

That is why I decline to recognize the mere multimillionaire, the man of mere wealth, as an asset of value to any country, and especially as not an asset to my own country. If he has earned or uses his wealth in a way that makes him of real benefit, of real use — and such is often the case — why, then he does become an asset of worth. But it is the way in which it has been earned or used, and not the mere fact of wealth, that entitles him to the credit.

Theodore Roosevelt (1858-1919) American politician, statesman, conservationist, writer, US President (1901-1909)
Speech (1910-04-23), “Citizenship in a Republic [The Man in the Arena],” Sorbonne, Paris

Sourcing, notes: wist.info/roosevelt-theodore/7…

WIST Quotations · Speech (1910-04-23), "Citizenship in a Republic [The Man in the Arena]," Sorbonne, Paris - Roosevelt, Theodore | WIST QuotationsThat is why I decline to recognize the mere multimillionaire, the man of mere wealth, as an asset of value to any country, and especially as not an asset to my own country. If he has earned or uses his wealth in a way that makes him of real benefit,…