Quotes on Debt

Small miseries, like small debts, hit us in so many places, and meet us at so many turns and corners, that what they want in weight, they make up in number, and render it less hazardous to stand the fire of one cannon ball, than a volley composed of such a shower of bullets.

The debt immense of endless gratitude, So burthensome, still paying, still to owe; Forgetful what from him I still receivd, And understood not that a grateful mind By owing owes not, but still pays, at once Indebted and dischargd; what burden then?

Put God in your debt. Every stroke shall be repaid. The longer the payment is with-held, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.

Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole.

Comparatively, we are so much quicker to return favors and to pay our debts to mortals - and we should be responsive and grateful. But what of Him who gave us mortal life itself, who will ere long give us all immortality, and who proffers to the faithful the greatest gift of all, eternal life? We are poor bookkeepers, indeed!

No one should be held back from realising their potential by fears that they will not be able to afford to go to university or that they will graduate with unmanageable levels of debt.

Worrying is like paying a debt you don't owe.

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

A man's indebtedness is not virtue; his repayment is. Virtue begins when he dedicates himself actively to the job of gratitude.

Debt is a prolific mother of folly and of crime.

Government ought to be as much open to improvement as anything which appertains to man, instead of which it has been monopolized from age to age, by the most ignorant and vicious of the human race. Need we any other proof of their wretched management, than the excess of debts and taxes with which every nation groans, and the quarrels into which they have precipitated the world?"

Some debts are fun while you are acquiring them, But none are fun when you set about retiring them.

A nation' s strength ultimately consists in what it can do on its own, and not in what it can borrow from others.

Capitalism is an art form, an Apollonian fabrication to rival nature. It is hypocritical for feminists and intellectuals to enjoy the pleasures and conveniences of capitalism while sneering at it. Everyone born into capitalism has incurred a debt to it. Give Caesar his due.

Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.

The human world is a long way from meeting the needs of the present, and it is borrowing massively from the future - not only by piling up money debt, but also by degrading the resources from which all real wealth ultimately comes.

Never spend your money before you have earned it.

It is a debt we owe to the purity of our religion to show that it is at variance with that law which warrants slavery.

I get up every single day trying to repay a debt that I can never repay. Never. And I will work hard. Because I don't know why I was saved. I don't know.

People get out ahead of themselves in debt with spending on all of their desires. But if you learn to live pretty simply and well, well under your means, you feel incredibly, incredibly rich, and that frees you up and gives you the option to start something new, to leave the job you're not excited about, where there might be a glass ceiling on you.

And that's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow it with opportunity. And we build it together.