No Debt MBA

I loved this quote from an LA Times article about a man selling bean pies on a street corner:

He's learned to always keep an eye out for oncoming traffic, even as he watches for drivers in old vehicles.

Beat-up cars mean good customers. "Because they got no car notes, the car is paid off," Muhammad said. "The ones in the shiny new cars, they're sweating because they have the car notes, they got no extra money. It's economics, man."

I'd never heard of bean pies before, but I love that this guy is reaffirming the lessons of books like The Millionaire Next Door through his personal experience, not because he's read it in a book.