Michael Bloomberg Quotes
When you run a surplus you save it for a rainy day. You don’t spend it.
Topics
Budgets, Budgeting
Conservatism
Prosperity
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Fiscal Responsibility
Frugality
Investing
Managing Government
Savings and Loans
Saving
Tax, Taxes, Taxation
Financial Planning
Rainy Day
Economics
Emergency Fund
Financial Prudence
Fiscal Discipline
Fiscal Prudence
Rainy Day Fund
economic caution
Saving Strategy
Citations
Michael Bloomberg, Mayor of New York City (Republican and Democrat), Address, British Conservative Party Conference, Blackpool, England, October 2, 2007
Sourced by: Eigen's Political and Historical Quotations
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Michael Rubens Bloomberg is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.