“Neither a borrower nor a lender be; for loan doth oft lose both itself and friend.” -William Shakespeare
11 Quotes on Debt, and that’s not even counting the quote above. Why 11? That’s just me being terribly edgy and rebellious to top-10 lists. Shaking things up.
Yes, Debt. Isn’t it a wonder? A marvel? So Pervasive.
A prime subject for a further full in depth post. Until then, here are some quotes to salivate over and digest:
1. “Never spend your money before you have it.” -Thomas Jefferson
Simply put by simply one of my favorite heroes of history. I’d say the most straightforward way to avoid debt.
2. “The man who never has money enough to pay his debts has too much of something else.” -James Lendall Basford
I find thinking of my debt a useful tool to stifle purchases. Do I need this double crème brie or would I rather pay back my parents? Think, what would your creditor say about your purchase? After all, in a sense, it’s their money you’re spending.
3. “It shows nobility to be willing to increase your debt to a man to whom you already owe much.” -Cicero
Another whom I admire, you can expect to see more Cicero quotes. It does take a certain bravado to do this.
4. “If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.” –John Maynard Keynes
A true point on the way the that the stress of debt eventually tips into the worries of the creditor. When do you think that point is for your debts/loans?
5. “I care not so much what I am to others as what I am to myself. I will be rich by myself, and not by borrowing.” -Michel de Montaigne
A noble sentiment. Although, I think a good many people have gotten rich by initially borrowing money to fuel their ventures.
6. “It takes as much imagination to create debt as to create income.” -Leonard Orr
Interesting huh? I suspect many people wouldn’t suspect this to be true. Although when you think of it, you’ve probably had plenty of ideas on how to make a buck. Yet to create debt you first have to get someone to lend you the money. How many ways have you thought of to do that?
7. “Before borrowing money from a friend, decide which you need most.” -American Proverb
Similar to the Shakespeare above. It’s not as easy to get friends out of debt as it is to get debt out of friends.
8. “I go on the principle that a public debt is a public curse.” -James Madison
Individuals aren’t the only ones with debt. U.S.A Federal Debt at the time of writing this? About $19,205,512,768,000.
9. “There are four things every person has more of than they know; sins, debt, years, and foes.” -Persian Proverb
When you consider debts of favors, as well as including debts to people who have cared for you, loved and supported you, -including society- one could see how this holds true.
10. “Debts are like children: the smaller they are the more noise they make.” -Spanish Proverb
I didn’t know children were so much like dogs. I do know how eerily silent large debts can be as we hastily incur them at the stroke of a pen.
11. “Speak not of my debts unless you mean to pay them.” -George Herbert
Hah. Touché sir.