Cheerful Frugality Thinks Presidential

Posted by: MerchantShips on Monday, February 18th, 2008

In honor of Presidents' Day, let me share a few presidential thoughts on frugality: 

You cannot bring about prosperity by discouraging thrift. You cannot establish security on borrowed money. You cannot keep out of trouble by spending more than you earn. — Abraham Lincoln

Industry, thrift and self-control are not sought because they create wealth, but because they create character. --Calvin Coolidge

There is but one straight course, and that is to seek truth, and pursue it steadily. Nothing but harmony, honesty, industry and frugality are necessary to make us a great and happy nation. --George Washington

I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.  --Thomas Jefferson

I have found out in later years that we were very poor, but the glory of America is that we didn't know it then. --Dwight D. Eisenhower

Wealth can only be accumulated by the earnings of industry and the savings of frugality. --John Tyler

 Happy Presidents' Day!

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6 Responses to “Cheerful Frugality Thinks Presidential”

Monroe on a Budget » Blog Archive » Presidential quotes on frugal living Says:
February 18th, 2008 at 12:40 pm

[...] find this list of quotes collected by Like Merchant Ships at Frugal Hacks – Cheerful Frugality Thinks Presidential: In honor of Presidents’ Day, let me share a few presidential thoughts on [...]

Kaye Says:
February 18th, 2008 at 1:35 pm

Great post for the holiday! It’s no wonder these men were leaders of the free world!

Heather Says:
February 18th, 2008 at 4:21 pm

Great post. I especially like the George Washington quote. If only more people realized that stuff and money are not the secret to happiness!

Amy Looney Says:
February 18th, 2008 at 6:12 pm

As a history professor, I loved your blog! Poor Jefferson…(he’s the love of my historical life)–he had great ideas about the public debt but he died with an incredible amount of consumer debt.

I have another quote for you. I’m reading David McCullough’s “John Adams” right now, and when writing Abigail bout how to raise their children, Adams said, “Let frugality and industry be our virtues.” Should we all be so virtous!

PURE AND SENSIBLE » Blog Archive » Frugal Tips for Presidents' Day Says:
February 19th, 2008 at 4:25 pm

[...] I wanted to share a great post that Meredith from Like Merchant Ships wrote in honor of Presidents’ Day over at Frugal Hacks: [...]

Roxie Says:
February 19th, 2008 at 7:29 pm

I wish with all my heart that ONE of the people running for office NOW had any idea of this kind of issue. I have a deep fear in my heart for the future that MY grand children and YOUR children will get in the years to come. This country is so far into debt I do not think there will ever be a balanced budget again. At least not in my life time. Thanks for sharing your thoughts. As always you are inspiring. Roxie

 

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