On Secret to Happiness in your real life is: LIVE WITHIN YOUR MEANS
Keep your needs simple; enjoy small pleasures. Real value lies in what things mean to you, not in their cost or how they are valued by others. This concept is also important to success in business.
While sometimes it is wise and sensible to take on debt it must be done prudently with a clear notion of how the debt will be repaid, the risk entail
ed in taking on the debt – both of complete loss and the strain it may place on existing operations, the cost of the debt in interest, and a realistic assessment of the return on investment. This is all so obvious but it is tempting to think of borrowed money as free. Debt may allow important expansion or even survival but in the end, debt is a burden. Carry no more than you have to.