Class Quote by Holbrook Jackson
“There are only two classes in society: those who get more than they earn, and those who earn more than they get.”
About This Quote
Source Book: The Book of the People, Holbrook Jackson, 1919
Society is divided between those who spend more than they earn and those who earn more than they spend.
In simple terms: Two economic groups: spenders and savers.
Aim to earn more than you spend.
Themes
Mood
Type
When to use this quote
- personal finance
- policy making
- education
- investment decisions
Key Concepts
Questions to Reflect On
- How do you manage your income and spending?
- What policies could reduce this divide?
Ignores middle ground where many balance income and expenses.