Famous Quotes About Debt & Credit
“You cannot keep out of trouble by spending more than you earn.”
-Abraham Lincoln
“Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.”
-Charles Dickens
“It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.”
-Ralph Waldo Emerson
“Rather go to bed supperless than rise in debt.”
-Benjamin Franklin
“I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more.”
- Alan Greenspan
“Avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts which unavoidable wars have occasioned, not ungenerously throwing upon posterity the burthen which we ourselves ought to bear.”
- George Washington
“Never in the field of human conflict was so much owed by so many to so few.”
- Winston Churchill
“His brow is wet with honest sweat,
He earns whate’er he can,
And looks the whole world in the face,
For he owes not any man.”
- Henry Wadsworth Longfellow
“Creditors have better memories than debtors.”
- Benjamin Franklin
“Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man’s surety. If your friend is in distress, aid him if you have the means to spare. If he fails to be able to return it, it is only so much lost.”
- Andrew Jackson
“Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity.”
- Samuel Johnson
Quotes gathered from AllGreatQuotes.com, Proverbia.net, and Quotations365.