Quotations about   debt

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He that gives should never remember. He that receives should never forget.

The Talmud (AD 200-500) Collection of Jewish rabbinical writings
(Unreferenced)
Added on 25-May-17 | Last updated 13-Jul-17
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You cannot bring about prosperity by discouraging thrift.
You cannot help small men by tearing down big men.
You cannot strengthen the weak by weakening the strong.
You cannot lift the wage earner by pulling down the wage payer.
You cannot help the poor man by destroying the rich.
You cannot keep out of trouble by spending more than your income.
You cannot further the brotherhood of man by inciting class hatred.
You cannot establish security on borrowed money.
You cannot build character and courage by taking away men’s initiative and independence.
You cannot help men permanently by doing for them what they could and should do for themselves.

William J. H. Boetcker (1873-1962) German-American religious leader, author, public speaker [William John Henry Boetcker]
“The Industrial Decalogue” (1916)

Often referred to as "The Ten Cannots," and also often misattributed to Abraham Lincoln.
Added on 14-Mar-17 | Last updated 14-Mar-17
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Experienced men of the world know very well that it is best to pay scot and lot as they go along, and that a man often pays dear for a small frugality.

Ralph Waldo Emerson (1803-1882) American essayist, lecturer, poet
“Compensation,” Essays: First Series (1841)
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Added on 9-Jan-17 | Last updated 9-Jan-17
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The old saying holds. Owe your banker £1000 and you are at his mercy; owe him £1 million and the position is reversed.

John Maynard Keynes (1883-1946) English economist
“Overseas Financial Policy in Stage III” (15 May 1945)

Unpublished memo distributed to the British Cabinet.Variant: "If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has."
Added on 20-Dec-16 | Last updated 20-Dec-16
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FOOL: Have more than thou showest,
Speak less than thou knowest,
Lend less than thou owest.

William Shakespeare (1564-1616) English dramatist and poet
King Lear, Act 1, sc. 4, l. 131 (1605)
Added on 26-Mar-15 | Last updated 26-Mar-15
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One can pay back a loan of gold, but one dies forever in debt to those who are kind.

Other Authors and Sources
Malayan proverb
Added on 25-Nov-14 | Last updated 25-Nov-14
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A small loan makes a debtor; a great one, an enemy.

Publilius Syrus (d. 42 BC) Assyrian slave, writer, philosopher [less correctly Publius Syrus]
Sententiae [Moral Sayings], # 12 [tr. Lyman (1862)]
Added on 17-Jul-09 | Last updated 15-Feb-17
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Life is a business that does not cover the costs.

Arthur Schopenhauer (1788-1860) German philosopher
The World as Will and Idea [Welt als Wille und Vorstellung], vol. II “On the Vanity and Suffering of Life” (1819)
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Added on 18-Jul-08 | Last updated 4-Apr-14
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Debt is the slavery of the free.

Publilius Syrus (d. 42 BC) Assyrian slave, writer, philosopher [less correctly Publius Syrus]
Sententiae [Moral Sayings]
Added on 1-Feb-04 | Last updated 15-Feb-17
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The holy passion of friendship is so sweet and steady and loyal and enduring in nature that it will last through a whole lifetime, if not asked to lend money.

Mark Twain (1835-1910) American writer [pseud. of Samuel Clemens]
The Tragedy of Pudd’nhead Wilson, ch. 8, epigraph (1894)
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Added on 1-Feb-04 | Last updated 26-Jan-19
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All progress is based upon a universal innate desire on the part of every organism to live beyond its income.

Samuel Butler (1835-1902) English novelist, satirist, scholar
The Note-Books of Samuel Butler, ch. 1 “Life” (1912)
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Added on 1-Feb-04 | Last updated 5-Sep-19
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