Quotes About Debt

There can be no freedom or beauty about a home life that depends on borrowing and debt.

We paid off our debts, we learned some, made friends and returned in 1950 with a larger view of life. I had, however, no home, no income of any kind and no prospects whatsoever.

In the midst of life we are in debt.

I think...that I would rather recollect a life mis-spent on fragile things than spent avoiding moral debt.

If there is a God, you owe him far more than a morally decent life.

When Winston Churchill's father died, he was 60,000 pounds in debt to Natty Rothschild. By forgiving Randolph's debt, Natty Rothschild made his son Winston a pawn of Jewish interests, a fact which led indirectly to World War

Today, there are three kinds of people: the have's, the have-not's, and the have-not-paid-for-what-they-have's.

If you think nobody cares if you're alive, try missing a couple of car payments.

Puerto Rico was out of time wasn't because it had no remaining strategies to continue trying to negotiate down the debt; severely limited as it was by the lack of bankruptcy protection and lack of sovereignty, it still could have lobbied the US government on humanitarian grounds. What Puerto Rico had run out of time for was the illusion that it had autonomy over its affairs, that its residents had full US citizenship, that it had anything resembling a self-directed economy.

Every radish I ever pulled up seemed to have a mortgage attached to it.

Corrupt influence, which is itself the perennial spring of all prodigality, and of all disorder; which loads us, more than millions of debt; which takes away vigor from our arms, wisdom from our councils, and every shadow of authority and credit from the most venerable parts of our constitution.

Shopping: The fine art of acquiring things you don't need with money you don't have.

The borrower is servant to the lender.

Games of chance are traps to catch school boy novies and gaping country squires, who begin with a guinea and end with a mortgage.

Man's pity for himself, or for his son, Always premising that said son at college Has not contracted much more debt than knowledge.

Better to live in a small rented apartment than in a flat or bungalow purchased on a housing loan

Better to live in a small rented apartment than in a flat or bungalow purchased on a housing loan which requires that person to pay EMI for several years to have a mortgaged life.

James Hilton, who had himself endured an almost equally amazing mass enthusiasm, referred in a radio talk to Mr. Winton's admirable "Threenody." This sent thousands scurrying to the Oxford English Dictionary, and set other thousands writing indignantly to their pet radio editors. Fifty-three per cent of these managed an indirect reference to England's war debt.

During one never-to-be-forgotten confrontation over a debt crisis in 493 BC, the entire population withdrew its labor. The plebs evacuated Rome and encamped on a neighboring hill. It was an inspired tactic. The Patricians were left in charge—but of empty streets.

John had a soft spot for Yassen," he said. "He really liked him. What do you make of that? The spy and the assassin. A bit of an odd couple, I'd say…" And more than ten years later, Yassen had sacrificed himself for Alex, repaying the debt of an old friendship.

The Fair Debt Collection Act was passed in 1977, and there were never any provisions for rules to be written under it, so it hasn't kept pace with the times.

As stupid as it might sound, older people everywhere would probably be better off if they'd abandoned prudence and borrowed more. That is obviously not what the central bankers or our political leaders want. But that's the situation they've created.

I favor a system where students in publicly funded institutions make a commitment: if they do well in the private sector, they will revert a certain percentage of their income to the education sector; and if they devote some years to public service, their debt will be forgiven.

In Puerto Rico, there has developed a culture of taking out loans and not paying them back. That has ended.