Borrowed Money Quotes

• I can get no remedy against this consumption of the purse: borrowing only lingers and lingers it out, but the disease is incurable.

  William Shakespeare

  Business, Debt, Disease

  'Henry IV, Part 2' (1597) act 1, sc. 2, l. [268]

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• You cannot establish sound security on borrowed money.

  William J. H. Boetcker

  Sound, Libertarian, Discouraging

  "Ten Cannots". Book by William J. H. Boetcker, 1916.

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• Never spend your money before you have earned it.

  Thomas Jefferson

  Money, Debt Free, Owing A Debt

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• I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

  Warren Buffett

  Smart, Investing Money, People

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• The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money.

  Mortimer Zuckerman

  Money, Unique, May

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• Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.

  William Shakespeare

  Friendship, Money, Important

  'Hamlet' (1601) act 1, sc. 3, l. 58

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• You cannot keep out of trouble by spending more than your income.

  William J. H. Boetcker

  Money, Libertarian, Income

  "The Industrial Decalogue" (1916). These "ten cannots" are frequently, but falsely, attributed to Abraham Lincoln.

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• You should always live within your income, even if you have to borrow to do so.

  Josh Billings

  Funny, Money, Income

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• Borrowed thoughts, like borrowed money, only show the poverty of the borrower.

  Marguerite Gardiner, Countess of Blessington

  Inspirational, Acceptance, Poverty

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• We borrowed money, it helped us with bonds and what not, and the Federal Government backed it, but it was a guarantee, it was not a grant. And we not only paid it off, but we paid it off ahead of time.

  David Dinkins

  Government, Ties, Guarantees

  PBS interview, www.thirteen.org.

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• Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

  Alan Greenspan

  Cutting, Thinking, Views

  "Bush tax cuts - a decider for the midterms?". www.nbcnews.com. August 2, 2010.

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• I love awards, especially if I get them. It's up to the courage of the filmmakers to make art in cinema, not just business. John was rejected by studios, he borrowed money and did movies with his own money. You're either courageous or not. You have to find a way.

  Ben Gazzara

  Art, Awards, Cinema

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• Acquaintance. A person whom we know well enough to borrow from, but not well enough to lend to.

  Ambrose Bierce

  Friendship, Enough, Acquaintance

  Cynic's Word Book (1906) p. 12

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• Who goeth a borrowing. Goeth a sorrowing.

  Thomas Tusser

  Debt, Borrowing, Goeth

  Thomas Tusser (1812). “Five Hundred Points of Good Husbandry”, p.2

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• Most people work just hard enough not to get fired and get paid just enough money not to quit.

  George Carlin

  Funny, Money, Work

  George Carlin (2015). “3 x Carlin: An Orgy of George including Brain Droppings, Napalm and Silly Putty, and When Will Jesus Bring the Pork Chops?”, p.206, Hachette UK

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• Basically he never went to work and didn't have a job. Of course I thought he did. I thought he was on the phone doing business deals instead of borrowing money from people.

  Christie Brinkley

  Jobs, Business, Phones

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• There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out.

  Thomas Carlyle

  Two, Paying Debts, Income

  Thomas Carlyle (1870). “Past and Present”, p.113

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• I am very much in favor of tax cuts.

  John McCain

  Cutting, Favors, Taxes

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• You must take risks, both with your own money or with borrowed money. Risk taking is essential to business growth.

  J. Paul Getty

  Risk, Growth, Essentials

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• Avoid debt that doesn’t pay you. Make it a rule that you never use debt that won’t make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

  Grant Cardone

  Cash Flow, People, Car

  "How to become a millionaire by age 30" by Grant Cardone, www.businessinsider.com. November 13, 2014.

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• You cannot bring about prosperity by discouraging thrift. You cannot establish sound security on borrowed money. You cannot keep out of trouble by spending more than you earn.

  Abraham Lincoln

  Sound, Libertarian, Prosperity

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• An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.

  John Maynard Keynes

  Safety, Needs, Resources

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.141, Atlantic Publishers & Dist

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• Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.

  Warren Buffett

  Long, Tools, Use

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• What's the best gamble in the world, right now? Its betting that Deutsche Bank stock is going to go down. Short sellers borrowed money from their banks to place bets that Deutsche Bank stock is going to go down. Now, it's wringing its hands and saying, "Oh the speculators are killing us." But it's Deutsche Bank and the other banks that are providing the money to the speculators to bet on credit.

  Michael Hudson

  Hands, Credit, World

  Source: www.counterpunch.org

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• Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic policy approach favored by Republicans of putting lots of money into building roads and cutting taxes. Markets like that. But, at the end of the day, someone always has to foot the bill.

  Nicholas Bloom

  Cutting, Government, Feet

  Source: www.spiegel.de

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