Andrew Jackson

Live within your means, never be in debt, and by husbanding your money you can always lay it out well.

When you get in debt you become a slave.

Debt, we’ve learned, is the match that lights the fire of every crisis. 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.

If you’re trying to get out of debt, you have to be willing to treat everything as expendable.

Debt is the slavery of the free.

Debts and lies are generally mixed together.

He who promises runs in debt.

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

A small debt produces a debtor; a large one, an enemy.

Rather go to bed supperless, than rise in debt.

If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.

Debt is beautiful only after it is repaid.

Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity.

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

[Credit is a system whereby] a person who can’t pay, gets another person who can’t pay, to guarantee that he can pay.

We can pay our debts to the past by putting the future in debt to ourselves.

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.