Investing · Entrepreneur memoirs

P. T. Barnum:The Art of Money Getting, Excerpt 14

P. T. Barnum《The Art of Money Getting》· The Art of Money Getting · Investing

Mr. Beecher advised young men to get in debt if they could to a small amount in the purchase of land, in the country districts. "If a young man," he says, "will only get in debt for some land and then get married, these two things will keep him straight, or nothing will." This may be safe to a limited extent, but getting in debt for what you eat and drink and wear is to be avoided. Some families have a foolish habit of getting credit at "the stores," and thus frequently purchase many things which might have been dispensed with.

Source: https://www.gutenberg.org/ebooks/8581
Locator:Excerpt 14 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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