Yesterday is a cancelled check. Today is cash on the line. Tomorrow is a promissory note.
Sentiment: NEGATIVE
In this business, if you don't pay your debts you're finished.
Let us not bankrupt our todays by paying interest on the regrets of yesterday and by borrowing in advance the troubles of tomorrow.
A pile of bills and statements - whether paid or not - is a sign that someone is clueless about what's coming in and going out.
Yesterday is gone. Tomorrow may be for us and it may not.
The call for debt cancellation is welcome, but debt does not just go away.
In 2005, attorneys general of 35 states urged the Federal Reserve to end the unsigned check system.
A promise made is a debt unpaid.
Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.
Don't let your mouth write a check that your tail can't cash.
Summer is a promissory note signed in June, its long days spent and gone before you know it, and due to be repaid next January.