Money As Debt Quotes

#1. When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?

George Friedman

#2. It's easy to let your family suffer for your work. Many of us do this because we see our jobs as a means of maintaining our families. We have thoughts such as 'I need to make more money so that my kids can go to college debt-free.'

Travis Bradberry

#3. 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

#4. If you borrow money to make money, you've done something magical. On the other hand, if you go into debt to pay your bills or buy something you want but don't need, you've done something stupid. Stupid and short-sighted and ultimately life-changing for the worse ...

Seth Godin

#5. The first thing, when I got the money, I knew I would support somebody. And the person I supported was my family. Because we were really in debt with the money. And - so I gave to my father this suitcase full of money. And he couldn't believe it. And that was something very special.

Michael Schumacher

#6. If you want to get out of debt and save cash you have to be willing to challenge your existing beliefs about money.

K.A. Carlson

#7. We now have a president who tries to save money by turning off lights in the White House, even as he heads toward a staggering addition to the national debt. "L.B.J." should stand for Light Bulb Johnson.

Barry Goldwater

#8. A natural saver is great until he never spends and is tight-fisted with giving. A natural spender is great until she finds herself deeply in debt and unable to give. A natural giver is great until there are no savings when a problem arises and there is no personal enjoyment of money.

Dave Ramsey

#9. The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.

Matt Taibbi

#10. At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.

Peter Schiff

#11. The real origins of money are to be found in crime and recompense, war and slavery, honor, debt, and redemption. That,

David Graeber

#12. Without growth we can't pay down our debt, and without growth there's no money for welfare.

Helle Thorning-Schmidt

#13. I don't have more money. I won't have more money than any of the candidates, even the Republican candidates. We know that already. But we are building this campaign team like I would build a business. And that is, we are building it so far with no debt.

Herman Cain

#14. 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.

Gordon Brown

#15. Well, the problem of the federal government is that they print money and go in debt. That's their national policy, Democrats and Republicans it doesn't matter. And this is where I differ.

Richard M. Daley

#16. Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.

Alex Berenson

#17. In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well-heeled go into debt buying cars and

Yuval Noah Harari

#18. There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.

Gail Collins

#19. The Sikh gave him the money. When Menon asked for his address so that he could repay the man, the Sikh said that Menon owed the debt to any stranger who came to him in need, as long as he lived. The help came from a stranger and was to be repaid to a stranger.

Robert Fulghum

#20. The federal government ... announced a plan to spend, like, a trillion of taxpayer dollars to buy out bad mortgages and debt. Wall Street was surprisingly enthusiastic about the plan to save their (butts) with other peoples' money. It was either that, or Sarah Palin's idea to sell it all on eBay.

Bill Maher

#21. The risk is that as we come out of this recession, we'll have so much debt to finance, we'll either have to have inflation or very high interest rates to continue to borrow the money, or both. That's a risk.

William J. Clinton

#22. The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend.

Carly Fiorina

#23. We have become a society of indulgent consumers resulting in rapidly increasing debt both personally and as a nation.

L.G. Durand

#24. The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.

Daniel Hannan

#25. The ideas of debtor and creditor as to what constitutes a good time never coincide.

P.G. Wodehouse

#26. Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.

Suze Orman

#27. All but a very few of us are in debt. We exist as entities who borrow money and spend the rest of our lives making interest payments on a debt tally that never seems to budge. Whatever wealth we have, in labor, property or cash, is suctioned to the top.

Roger Ebert

#28. Dominic shook his head. "Not money but we do have to work off our debt to him. My brothers, bar Damien, have certain jobs they do for Marco. My job is fighting.

L.A. Casey

#29. As you have to pay more interest and amortization on what you owe, you're left with less and less money to buy goods and services - unless you borrow even more and go further into debt.

Michael Hudson

#30. If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as possible, we raise the minimum payment and encourage people to pay off their credit cards, we're going to make less money, but we're going to have costumers that are more solvent.

Richard Thaler

#31. In Texas money goes further, with one of the lowest costs of living, one of the lightest tax burdens as a percent of income, and one of the lowest debt-per-capita ratios.

Mark McKinnon

#32. My parents had no money, but they had strong values that I've carried throughout my life - things like not going into debt, never borrowing money, never leveraging, paying your bills on time, keeping your agreements, selling customers the right things, treating employees right, and growing things.

Jack Dangermond

#33. When we manage a restaurant, we start making money from the first day. When we own a place, it's often five years before we earn the first penny that is clean of debt.

Daniel Boulud

#34. No generation has a right to contract debts greater than can be paid off during the course of its own existence.

Thomas Jefferson

#35. The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury ... and has created out of nothing a ... debt which the American people are obliged to pay with interest.

Wright Patman

#36. More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services.

Michael Hudson

#37. The curse of the cable industry over all these years as an operating reality is that every year the debt goes up (and) all the money generated gets reinvested, and then some.

John C. Malone

#38. I'm for eliminating deductions and taking some of the money to buy down rates and put it on the debt. That's not raising taxes. That's solving a problem.

Lindsey Graham

#39. Who goeth a borrowing. Goeth a sorrowing.

Thomas Tusser

#40. Every time you borrow money, you're robbing your future self.

Nathan W. Morris

#41. 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.

Donella Meadows

#42. As Charles Darwin said,'The economy shown by Nature in her resources is striking,' says the Spirit. 'All wealth comes from Nature. Without it, there wouldn't be any economics. The primary wealth is food, not money. Therefore anything that concerns the handling of the land also concerns me.

Margaret Atwood

#43. It's not long-term debt if the money is immediately paid back.

Roy Blunt

#44. Students can spend their money better than government can. It should not require a federal loan and decades of debt for students to get a college degree. Price limits access - plain and simple.

Rick Scott

#45. If a man owes me money, I never seem to forget. But if I do the owing, I somehow never remember.

Aristophanes

#46. I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

Thomas Jefferson

#47. Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.

Robert Kiyosaki

#48. Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

Mark Zandi

#49. It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.

Robert Kiyosaki

#50. Stocks always go down much faster than they go up. That's why it's called a crash. People who put their money into the stocks will find, all of a sudden, that stock prices are no longer being supported by the debt leveraging that's been holding them up.

Michael Hudson

#51. At Cornell University, it was well known that after five years on Wall Street, you could expect to be making half a million a year in salary and bonus; after 10 years, you could expect a million or more. I had 60 grand of university debt, and my parents had no retirement. I needed that money.

Philipp Meyer

#52. Myth: USDollar is money. Fact: Gold & Silver are money. USDollar is legal tender/debt brought down to low parcels for spending purposes.

Ziad K. Abdelnour

#53. Easy payments, easy lease, easy approval. Debt is very EASY to get into, but makes it HARD to live victoriously.

Bradley Vinson

#54. It is true, Christian, the debt thou owest to God must be paid in good and lawful money, but for thy comfort, here Christ is thy paymaster. Send

William Gurnall

#55. Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest.

Napoleon Bonaparte

#56. Today, people are having to spend so much of their money, to acquire a house and to get an education that they don't have enough to spend on goods and services, except by running into yet more debt on their credit cards and other borrowings.

Michael Hudson

#57. The schools can't cover all the values that go along with how you handle your money. For example, a financial literacy class might not teach me to hate debt the way my grandmother, Big Mama did.

Michelle Singletary

#58. The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.

Brandi L. Bates

#59. The speed of your success is limited only by your dedication and what you're willing to sacrifice

Nathan W. Morris

#60. A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

Ray Dalio

#61. I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.

Tim Johnson

#62. Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt ... all just to make some easy money quick.

Will Rogers

#63. When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had.

Kiran Mazumdar-Shaw

#64. It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people.

Richard Neal

#65. Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

Robert T. Kiyosaki

#66. At most schools, if you switch majors, you basically start over. That means more semesters ... and more money. The former might be appealing, but the latter is a major problem for a demographic already saddled with student debt.

Brian Shactman

#67. We know intellectually that money can't buy happiness yet we spend and go into debt as if it does.

Michelle Singletary

#68. Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.

Charles Dickens

#69. I've always been terrified about not having money. I've been a big saver and a big earner. When I've been out of work, I've always found another job. I never wanted to get into debt, because money was very tight when I was growing up. I never felt deprived, but I couldn't have the things I wanted.

Cherie Lunghi

#70. The gift was not large as money goes, and my need was not great, but the spirit of the gift is beyond price and leaves me blessed and in debt.

Robert Fulghum