I have a 87 cadillac deville car does not run hot but has white smoke at start

Sounds like it may be the Valve guides, if it not a major problem for you keep driving until you have money to fix it. Keep an eye on the oil level at every gas fill up, top the oil off as necessary. Watch the water level to make sure that it is not the head gasket and what you are seeing is not a head gasket leak.
 
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