Some people use one half their ingenuity to get into debt, and the other half to avoid paying it.
Sentiment: NEGATIVE
It takes as much imagination to create debt as to create income.
When credit is cheaper to use and easier to arrange, people do use more of it.
Debt is one person's liability, but another person's asset.
When we make purchases on credit, they give us only an illusion of prosperity.
The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.
Solving a problem created by debt... by creating more debt is a fool's errand.
If you're trying to get out of debt, you have to be willing to treat everything as expendable.
While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.
Debt can be the most addictive thing in the universe, and it can kill you. You get used to living high off the hog. It was intoxicating.
In this business, if you don't pay your debts you're finished.
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