Be a nineteen six.

By Wilkins Micawber in the book David Copperfield, Charles Dickens. He knew better than most then.

This is perhaps the least sexy concept in personal finance… and in our time, you probably will not even be able to retire comfortably by simply saving. But that being said, failing to save at all is the most definite way to fail because it is not just about the money, but the opportunities that you buy yourself.

After all, no one lends to people who cannot pay and few would invest in businesses which cannot manage their cash.