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Debt Quotes - Page 16

Man owes two solemn debts--one to society, and one to-nature. It is only when he pays the second that he covers the first.

Douglas William Jerrold, Blanchard Jerrold (1859). “Specimens of Douglas Jerrold's wit: together with selections, chiefly from his contributions to journals, intended to illustrate his opinions”, p.40

You can't be in debt and win. It doesn't work.

"The Total Money Makeover: An Interview with Dave Ramsey". Interview with Chris Carpenter, www.cbn.com.

Revenge is a debt, in the paying of which the greatest knave is honest and sincere, and, so far as he is able, punctual.

Charles Caleb Colton (1824). “Lacon, Or, Many Things in a Few Words: Addressed to Those who Think”, p.124

By paying our other debts, we are equal with all mankind; but in refusing to pay a debt of revenge, we are superior.

Charles Caleb Colton (1823). “Remarks on the Talents of Lord Byron and the Tendencies of Don Juan”, p.122

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.

"Interview with Senator Kelly Ayotte, Rep. Charlie Bass". "State of the Union" with Candy Crowley, www.realclearpolitics.com. June 12, 2011.

Buy what thou hast no need of and ere long thou shalt sell thy necessities.

James C. Humes, Benjamin Franklin (1995). “The wit and wisdom of Benjamin Franklin: a treasury of more than 900 quotations and anecdotes”, Harpercollins

Industry pays debts, while despair increases them.

Benjamin Franklin (2008). “The Way to Wealth and Poor Richard's Almanac”, p.2, Nayika Publishing

Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.

"Will you save in the long run? Refinancing 101" by Barbara Corcoran, www.today.com. March 17, 2010.

I refuse to leave our children with a debt that they cannot repay.

"Massive government debt becoming key issue in 2012 race". "Your World" with Neil Cavuto, www.foxnews.com. May 15, 2012.

It is important to combine structural reforms and good fiscal stewardship with a growth strategy, because when your economy's growing and more revenue's coming in, that helps relieve debt.

"Remarks by President Obama and Prime Minister Alexis Tsipras of Greece in Joint Press Conference". obamawhitehouse.archives.gov. November 15, 2016.