Debt Quotes
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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
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In truth, money is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish.
G. Edward Griffin
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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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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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Every acknowledgment of gratitude is a circumstance of humiliation; and some are found to submit to frequent mortifications of this kind, proclaiming what obligations they owe, merely because they think it in some measure cancels the debt.
Oliver Goldsmith
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Last Words of Advice: If you pay your taxes and don't get into debt and go to bed early and never answer the telephone, no harm can befall you.
Charles Issawi
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Debt increases that didn't arise either from war or from extraordinary financial crisis are entirely associated with hard-line conservative governments.
Paul Krugman
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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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“Ken Gordon has asked me to serve as advisor to their finance committee. The West Indies Cricket Board, as everybody knows, has a lot of debt, over $20 million in debt and they need to deal with that.”
Allen Stanford
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When the economy's shrinking, providing jobs, spending on things like infrastructure can actually increase revenue and drive down debt. And then, there's going to be a time at which point debt has to be taken care of.
Barack Obama
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Florida feels we owe a great debt to our neighboring states.
Craig Fugate
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The only frontier now left to exploit is not a frontier in space but a frontier in time. We steal the future from our children by plunging massively deeper and deeper into debt.
Terence McKenna