Wednesday, October 08, 2008

The Velky World Guide to Economics

  1. Don't spend what you haven't got.
  2. Don't borrow what you can't pay back.
  3. Don't gamble with tomorrow for the sake of today.
  4. Don't trust marketing or advertising.
  5. If unsure, see 1.

And who said economics was difficult?

2 comments:

The Woolpack Inn said...

The trouble is Velky, this knowledge was known by my grandparents, why do we never learn?

Alistair Reece said...

Probably because nobody likes to admit that their ancestors knew what they were doing.