Living Beyond Means Quotes



Bates was a successful private attorney who was very frugal with his money and was a potential Republican Presidential nominee. He realized that if he were in high office, he would be expected to entertain and maintain a lifestyle that would cost more than he would earn. Public expectations pressured politicians to spend beyond their means. Lincoln, who was the nominee, was at that point in his life quite well off as a result of his successful law practice, and while he did not succumb to the tendency to overspend that Bates herein describes, Mary Todd Lincoln, his wife, did and ran up many debts.