Tuesday, January 13, 2009

Reflections . . . on THRIFT

“Wealth is obtained by labour; it is preserved by savings and accumulations; and it is increased by diligence and perseverance . . . [A] large proportion of men do not provide for the future. They do not remember the past. They think only of the present. They preserve nothing. - Samuel Smiles
En lieu of the current financial “crisis” through which our country is trudging, I thought it most appropriate to speak on “thrift”; a concept that nearly has grown extinct from the range of our daily lives, both personal and professional.

The current financial woes are merely the birth pangs of a much more significant and impacting outcome that will soon result; yes, our great country is about to give birth to the child she has nurtured in her womb for the past several decades; a child of destruction nourished on greed, indulgence, and gratification. Gone are the days of saving, of storing away, of patience, having been replaced with the ever-cherished pursuit of status and power. The American “dream” seems more like a nightmare.


I long to see the day when our citizens brush away materialism in favor of social beneficence, when they do more than provide today’s necessities by preserving for the future, when their drive is characterized by integrity, honor and service, instead of greed and foolishness, when they seek to grow their resources through earning, saving, and investing, instead of by debt acquisition. Don't you?

Well, how about you? How is your business? How healthy are is its finances? Is your company pursuing lofty things or lofty ideals? Do you have a solid budget and wise plan for preserving for the future? Come, let us leave the rat race and become the tortoise . . . he wins every time.

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