Quotes About Debt

In 1688 England contracted to the Netherlands the highest debt that one nation can owe to another. Herself not knowing how to recover her liberties, they were restored by men of the United Provinces.

[Debt] It has driven thousands to drink, and the worry and anxiety it has created have literally taken the lives of many of our ablest men. It has prostrated individuals, enterprises and nations.

Never spend anything before thou have it; for borrowing is the canker and death of every man's estate.

Tis against some mens principle to pay interest, and seems against others interest to pay the principle.

One of the greatest disservices you can do a man is to lend him money that he can't pay back.

The man who avoids debt doesn't have to worry about avoiding his creditors.

The person, whom you favored with a loan, if he be a good man, will think himself in your debt after he has paid you.

I say to you never involve yourself in debt, and become no man's surety.

A thief, though rich, will continue to steal, but an honest man, though poor, will ever seek to pay his debts.

Who is the Forgotten Man? He is the clean, quiet, virtuous, domestic citizen, who pays his debts and his taxes and is never heard of out of his little circle.

No man is truly free who is in financial bondage. 'Think what you do when you run in debt', said Benjamin Franklin, 'you give another power over your liberty.'

I hold every man a debtor to his profession.

He who is quick to borrow is slow to pay.

A number of the heads of the offices were slippery politicians of a low moral grade, themselves appointed under the spoils system, and anxious, directly or indirectly, to break down the merit system and to pay their own political debts by appointing their henchmen and supporters to the positions under them. Occasionally these men acted with open and naked brutality. Ordinarily they sought by cunning to evade the law.

Our sins are debts that none can pay but Christ. It is not our tears, but His blood; it is not our sighs, but His sufferings, that can testify for our sins. Christ must pay all, or we are prisoners forever.

There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.

For me, if I wasn't going to get a full scholarship to go to school, I was going to go to the Army or Navy so I could avoid debt.

At my lowest point, I was nearly $700,000 in debt.

I have been working for Africans since I was 18, when I got involved with the Nelson Mandela concerts. I got involved with debt cancellation because Desmond Tutu demanded that the world respond to that situation.

As you know, the United States has been a net debtor to the world each year since 1976, I believe. We've put a huge amount of dollars out into the world and those dollars have to be recycled in some way.

Never take a loan against your retirement! When you pay interest against your retirement, you cost yourself interest.

College is part of the American dream. It shouldn't be part of a financial nightmare for families.

We are watching the beginnings of the defiant self-assertion of a new generation of Americans, a generation who are looking forward to finishing their education with no jobs, no future, but still saddled with enormous and unforgivable debt.

It is a deadly sin to bring centuries old laws to a fait accompli; it is men's debt to watch immortal harmony with trust.