Tuesday 17 October 2017

It may not be child's play, but we all do need to balance our books

FINANCIAL realities must be faced. There, I've said it. Please don't throw rotten fruit. People with millstone debts can't adopt a Mr Micawber approach, living in the expectation that "something will turn up".

Equally, they deserve help in handling their money problems, and proposed solutions should not include caveats that spread panic. It would be helpful if the Government remembered this.

The Micawber Principle is as relevant today as it was in Dickens's time, when his character explained: "Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery."

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Independent.ie Comments Facility

INM has taken the decision to remove the commenting facility on its online platform Independent.ie to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website Independent.ie

Don't Miss