I learned at the onset not to carry on public work with borrowed money.
About this quote
- What does it mean?
- Avoid funding public work with borrowed money to stay independent.
- In plain terms
- Don't use borrowed funds for community projects.
- What can you take from it?
- Keep public projects self-funded to avoid debt or leverage.
Where it applies
Putting it to work
Questions to consider
- When is borrowing acceptable?
- How do you ensure independence?
Another view
Not all projects can be self-funded without help.
More from Mahatma Gandhi
Truth is hard as adamant and tender as a blossom.
Permalink to quote #57 One could rely on people's promises in most matters except in respect of money.
Permalink to quote #59 All my life through, the very insistence on truth has taught me to appreciate the beauty of compromise. It has often meant endangering my life and incurring di…
Permalink to quote #56
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