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Quotations about Debt
A man in debt is a man in chains. ~James Lendall Basford (1845–1915), c.1882
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, "The Village Blacksmith"
The man who never has money enough to pay his debts, has too much of something else. ~James Lendall Basford (1845–1915), Sparks from the Philosopher's Stone, 1882
Who goeth a borrowing,
Goeth a sorrowing.
~Thomas Tusser (1524–1580)
Borrowing is the mother of trouble. ~Hebrew proverb
The greatest enemy of financial well-being is not poverty but debt. ~Kent Nerburn, "Money and Wealth," Letters to My Son: A Father's Wisdom on Manhood, Life, and Love, 1994–1999
The only man who sticks closer to you in adversity than a friend is a creditor. ~20,000 Quips & Quotes, Evan Esar, 1968
Before borrowing money from a friend, decide which you need most. ~American proverb
Wilt thou seal up the avenues of ill?
Pay every debt as if God wrote the bill.
~Ralph Waldo Emerson
The dollar that is borrowed is never so large as the one that has to be returned. ~"Poor Richard Junior's Philosophy," The Saturday Evening Post, 1903, George Horace Lorimer, editor
Creditors have better memories than debtors. ~Benjamin Franklin
Home is where the mortgage is. ~Charles Wayland Towne, The Foolish Dictionary, Executed by Gideon Wurdz, Master of Pholly, Doctor of Loquacious Lunacy, etc., 1904
When Debt stands at the door Opportunity does not get a chance to knock. ~"Poor Richard Junior's Philosophy," The Saturday Evening Post, 1903, George Horace Lorimer, editor
Promises make debts, and debts make promises. ~Dutch proverb [Quoted in P.J. Harrebomée, Spreekwoordenboek der Nederlandsche Taal, c.1853, and in English: Henry G. Bohn, A Polyglot of Foreign Proverbs comprising French, Italian, German, Dutch, Spanish, Portuguese, and Danish, with English Translations, 1857.
A man must cut down his outgoings and save his incomings if he wants to clear himself; you can't spend your penny and pay debts with it too. Stint the kitchen if the purse is bare. Don't believe in any way of wiping out debts except by paying hard cash. Promises make debts, and debts make promises, but promises never pay debts... ~Charles H. Spurgeon (1834–1892), "Debt," John Ploughman's Talk; or, Plain Advice for Plain People
The hardest thing I ever did undertake to do was to keep clear of DEBT, DIRT and the DEVIL all at the same time. ~Josh Billings, revised by H. Montague
Let us look into the matter of debt
Which is something that the longer you live, why the deeper into it you get,
Because in the first place every creditor is their debtor's keeper,
And won't let you get into debt in the first place unless you are capable of getting in deeper...
~Ogden Nash (1902–1971), "First Payment Deferred"
The only way to solve the Traffic problems of this Country is to pass a law that only paid-for Cars are allowed to use the Highways. That would make traffic so scarce we could use our Boulevards for Children's play grounds. ~Will Rogers
Falling into the habit of buying on the installment plan or on the "no money down" plan is a terrible mistake — the day of reckoning is sure to come. Avoid these peddlers as you would a wild beast. Pay as you go, and be debtor to no one. You do not know, boys and girls, what a terrible thing debt is. ~Silas X. Floyd (1869–1923), "No Money Down," Floyd's Flowers: or, Duty and Beauty for Colored Children, 1905 [a little altered
A postponed task more toil begets and borrowed money pays no debts. ~"Poor Richard Junior's Philosophy," The Saturday Evening Post, 1903, George Horace Lorimer, editor
Never spend your money before you have it. ~Thomas Jefferson, 1825
Debt is the worst poverty. ~Proverb
Buy what thou hast no Need of, and ere long thou shalt sell thy Necessaries. ~Benjamin Franklin
Occasionally you hear a man boasting how good his credit is, but, as a matter of fact, no man's credit is as good as his money. ~E. W. Howe
Who recalls when folks used to git along without somethin' if it cost too much? ~Kin Hubbard
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