Debt Quotes
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If you're considering going into student debt, I encourage you to seek the Lord's will through the reading and study of His Word, prayer, and the wise counsel of others before you make the decision to take out a loan.
Randy Alcorn
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In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the debt of a euro-area member. I consider it unthinkable that a euro-area country would default.
Athanasios Orphanides
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Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard Lietaer
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The economy needs a stimulus. We MUST borrow. The notion of debt as a sin or something evil should be reviewed.
Babatunde Fashola
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This is a very connected, tolerant, creative generation, but a lot of them feel really constrained because they've got this big debt.
Hillary Clinton
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Now a promise made is a debt unpaid, and the trail has its own stern code.
Robert W. Service
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It would be a very odd chancellor of any UK government that insisted on a course of action that cost their own businesses hundreds of millions of pounds, that blew a massive hole in their balance of payments and, because assets and liabilities go hand in hand, would potentially leave the rest of the UK shouldering the entirety of UK debt.
Nicola Sturgeon
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The young women of today, free to study, to speak, to write, to choose their occupation, should remember that every inch of this freedom was bought for them at a great price. It is for them to show their gratitude by helping onward the reforms of their own times, by spreading the light of freedom and of truth still wider. The debt that each generation owes to the past it must pay to the future.
Abigail Scott Duniway
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The day I'm able to be debt-free is the day I'm going to be the happiest guy around.
Steve Garvey
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To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.
George Bernard Shaw
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Everybody in Vanity Fair must have remarked how well those live who are comfortably and thoroughly in debt; how they deny themselves nothing; how jolly and easy they are in their minds.
William Makepeace Thackeray
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Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt.
Addison Wiggin
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The man who avoids debt doesn't have to worry about avoiding his creditors.
Evan Esar
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The rich man who gives to the poor does not bestow alms but pays a debt.
Ambrose
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The biggest threat to advanced economies is that debt will accumulate until the overhang weighs on growth.
Carmen Reinhart
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I now find peace in the realization that countless potential masterpieces happen each moment the world over and go unphotographed. The world owes a great debt to all those who have, from a state of exceptional awareness, preserved stillness for us to hold.
Dan Winters
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What is certainly clear is that again and again, countries, banks, individuals, and firms take on excessive debt in good times without enough awareness of the risks that will follow when the inevitable recession hits.
Carmen Reinhart
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If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.
Carmen Reinhart
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Praise in the beginning is agreeable enough; and we receive it as a favor; but when it comes in great quantities, we regard it only as a debt, which nothing but our merit could extort.
James Goldsmith
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The total amount of debt that foreigners have bought this year is $66 billion, which is about the amount of the total federal deficit during the same period of time. So in other words, we benefit by basically eliminating the burden of the debt on domestic capital markets.
Bruce Bartlett
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But I have had some delightful thoughts of late from just hearing the title of a book, God’s Method with the Maladies of the Soul. It gives one such a conception of the seeming ills of life: to think of Him as our Physician, the ills all remedies, the deprivations only a wholesome regimen, the losses all gains. Why, as I study this individual case and that, see how patiently and persistently He tries now this remedy now that, and how infallibly He cures the souls that submit to His remedies, I love Him so! I love Him so! And I am so astonished that we are restive under His unerring hand! Think how He dealt with me. My soul was sick unto death, sick with worldliness and self-pleasing folly. There was only one way of making me listen to reason and that was just the way He took. He snatched me right out of the world and shut me up in one room, crippled, helpless, and alone, and set me to thinking, thinking, thinking till I saw the emptiness and shallowness of all in which I had hitherto been involved. And then He sent you and your mother to show me the reality of life and to reveal to me my invisible, unknown Physician. Can I love Him with half my heart? Can I be asking questions as to how much I am to pay toward the debt I owe Him?
Elizabeth Prentiss
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One of the better ways to simplify our lives is to follow the counsel we have so often received to live within our income, stay out of debt, and save for a rainy day. We should practice and increase our habits of thrift, industry, economy, and frugality. Members of a well-managed family do not pay interest; they earn it.
L. Tom Perry
