Debt is the secret foe of thrift, as vice and idleness are its open enemies. Wise Old Sayings is a database of thousands of inspirational, humorous, and thoughtful quotes, sorted by Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound; great debts are like cannon; of loud noise, but little danger. Is it popular to pay our debts, to do justice, to defend the injured and insulted country, to protect the aged and the infant, and give top liberty a land to live in? Debts and lies are generally mixed together. Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. You put at risk your economy. Some debts are fun when you are acquiring them, but none are fun when you set about retiring them. He could have declared himself bankrupt, but he was an honourable man and he insisted on paying back all his debts. We can pay our debts to the past by putting the future in debt to ourselves. It is very iniquitous to make me pay my debts, you have no idea of the pain it gives one. One of the greatest disservices you can do a man is to lend him money that he can't pay back. Samuel Johnson “ Du Bois, Joel Osteen, and Cardi B at BrainyQuote. category for your enjoyment. Money Borrowing Debts Age Generations Anti Socialism Debt Popularity Conservative Responsibility Death And Dying Self Deception Writing Lies Interest Being Young Health Richness Wealth. 68. 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. But when the rich look forward for decades and see nothing but increasing taxes, debts, and government control of their businesses and assets - they will leave. It is very iniquitous to make me pay my debts, you have no idea of the pain it gives one. A mortgage can help you afford a home. Someone has to pick up the tab when people get out of repaying their own debts. Further Education should be about the ability to learn, not the ability to pay - everyone who is able should have the opportunity, regardless of their family background. We're not a reserve currency, so we need to get on and deal with this issue. Eventually, creditors sell the debt to a collection agency. . Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage. Winston Churchill. I generally encourage people to make good on debts when they have enough money to repay them. What I'm most proud of is that I paid off all the debts of my household. Debts are nowadays like children begot with pleasure, but brought forth in pain. Debt is one person's liability, but another person's asset. Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay. Porter Stansberry. It's easy to sit in relative luxury and peace and pontificate on the subject of the Third World debts. 69. When I was a teenager, my father went bust. But once a delinquency has been reported to a collection agency, paying it off won't help your FICO score. Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making while others are only good for the payment of debts. Enforced leisure - if you are crippled with worry about debts, insecure job prospects, your family's health - is no holiday. A habit of debt is very injurious to the memory. The United States established itself as a trustworthy new nation in its first two decades after the Revolutionary War by paying its debts, even when many in the country believed it had no obligation to do so. At every turn, they've kicked the can down the road, pushing the burdens of our problems and our debts onto our children and grandchildren. Discover and share Pay Your Debt Quotes. The more we get out of the world the less we leave, and in the long run we shall have to pay our debts at a time that may be very inconvenient for our own survival. Within my social circle, there is a large group of people who will take bitcoin as legal tender; like, you can go to them and settle debts in Bitcoin, and they will happily take it. “If there is no struggle, there is no progress.”. It is incumbent on every generation to pay its own debts as it goes. 67. A Debt Problem Is, At Its Core, a Budgeting Problem. Is there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country? “Debt is dumb. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. That almost ruined the family. Never spend your money before you have it. That almost ruined the family. Forgiveness is enshrined in the Lord's prayer - forgive us our debts as we forgive our debtors. Career politicians in D.C. have shirked their responsibility to us for decades. What is it but a cunningly devised scheme to take from one State and to give to another - to replenish the treasury of some of the States from the pockets of the people of the others; in reality, to make them support the governments and pay the debts of other States as well as their own? They pay for everyone else who doesn't pay taxes. that peculiar nexus where money, narrative or story, and religious belief intersect, often with explosive force. Once your paycheck hits your account, wisdom has it that you should move some amount to savings even before you pay the bills. A principle which if acted on would save one-half the wars of the world. Debt on anything that depreciates is disastrous. The debt of gratitude we owe our mother and father goes forward, not backward. If they won't cancel the debts I would suggest obstruction; you do it yourselves. To vote is like the payment of a debt, a duty never to be neglected, if its performance is possible. A list of the best debt quotes and sayings, including the names of each speaker or author when available.This list is sorted by popularity, so only the most famous debt quotes are at the top. Rutherford B. Hayes. Then must taxation, as the means by which these things are done, be popular likewi. Debt is great source of inner unhappiness. You put pressure on interest rates. Debts are like children: the smaller they are the more noise they make. I now intend to focus on the remaining dates of the Westlife tour and my commitments to the band before looking to rebuild a future for my wife, my three children and myself. Herbert Hoover. I was aware that my mother and father couldn't control things anymore. It's God's will for you to pay your bills and not be in … He could have declared himself bankrupt, but he was an honourable man and he insisted on paying back all his debts. You Government Look Nothing. I was aware that my mother and father couldn't control things anymore. Financial security requires facing up to the big picture: assets minus debts. Alexander Hamilton, the founder of this newspaper, insisted on it. Further Education should be about the ability to learn, not the ability to pay, everyone who is able should have the opportunity, regardless of their family background. Custom and user added quotes with pictures. We tend to focus on assets and forget about debts. And they spend considerable effort maintaining this status. It is possible to pay another man's debts on his behalf, but it is not possible to make a guilty man innocent by suffering in his place. Below you will find our collection of inspirational, wise, and humorous “Debt is a prolific mother of folly and of crime.” — Benjamin Disraeli. Quotes to help you think positively about paying off debt. You can tax the rich to pay for current spending. Debt trap can sometimes become a Death trap. “You can’t spend your way out of recession or borrow your way out of debt.” — Daniel Hannan. Debt is a mistake between lender and borrower, and both should suffer. Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. What we owe our parents is the bill presented to us by our children. The damage has already been done, and the blemish will remain on your credit report for seven years. Credit is a system whereby a person who can't pay gets another person who can't pay to guarantee that he can pay. I mean, I'm a conservative. I have worked long and hard to try to reduce my debts, and I am devastated that it came to this conclusion. Pay your utilities, gas and other basic needs before paying on your debts. The invention of the micro-loan was a big surprise to me. Debt is a social and ideological construct, not a simple economic fact. All that seems indispensible in stating the account between the dead and the living, is to see that the debts against the latter do not exceed the advances made by the former. I don't want to see students struggling with huge debts or frightened off even going to university in the first place. Always got a pay check, never took a pay cut. 1688 matching entries found.