Blog » Inspirational Finance Quotes » Thomas Jefferson Quote – Don’t Spend Before You Have It

Thomas Jefferson Quote – Don’t Spend Before You Have It

Updated on November 26th, 2020
Thomas Jefferson Quote - Don't Spend Before You Have It

“Never spend your money before you have it.”

-Thomas Jefferson

This reminds me of the “don’t count your chickens before they hatch” metaphor. I can’t tell you how many times I’ve calculated a bonus or paycheck before I’ve gotten it and then been disappointed after taxes, or on the rare occasion, pleasantly surprised at the outcome.

Even if your money is pretty consistent, you shouldn’t have already spent it (whether actually or mentally) because you never know when ‘stuff’ is going to hit the fan and that money you thought you had free, is suddenly no longer free. If you can avoid it, don’t even think of spending the money (except for regular budgeted expenses) until you have it in hand.

Angela Ruth

Angela Ruth

Angela Ruth is a financial writer at Due. She has a passion for helping people get out of debt and live a better life.

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More