"If we know there is enough money in there for nine or ten months, we won't worry too much. They can come back and get more-not all they want, but a large piece of it. So you always have the supplemental as a safety valve"
- John William McCormack
About this Quote
John William McCormack's quote suggests that if there suffices cash to last for 9 or ten months, then there is no requirement to stress too much. He recommends that if more cash is needed, then an extra can be used as a security valve. This indicates that the additional will supply a big portion of the money required, but not all of it. This quote suggests that it is important to plan ahead and have a safety valve in location in case more money is needed. It likewise suggests that it is essential to be knowledgeable about the amount of money readily available and to prepare appropriately. This quote stresses the significance of being prepared and having a plan in place in case of an emergency situation.
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
"I don't understand the whole dating thing. I know right off the bat if I'm interested in someone, and I don't want them to waste their money on me and take me out to eat if I know I'm not interested in that person"