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Debt Quotes

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Get your money in balance. One rule of thumb is 50/30/20. Spend about 50% of your money on must-haves - things like rent, car payments - and about 30% on wants, while 20% should go toward savings and paying down debt.  (Debt Quotes) Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I’m the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.  (Debt Quotes) The most important loan to pay is your student loan. It’s more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.  (Debt Quotes) Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent.  (Debt Quotes) There was a real fear that a euro-zone bank might fail, that we’d have a sovereign debt problem in one of the larger European economies. That’s dissipated, thanks largely to the action of the European Central Bank.  (Debt Quotes) President Obama’s reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.  (Debt Quotes) Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.  (Debt Quotes) It doesn’t worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business.  (Debt Quotes) Debt robs a man of much of the energy and support which he is otherwise able to give to the church and to other good causes.  (Debt Quotes) As the U.S. did during the Space Race, we must invest in our businesses and intellect to ensure America leads the clean energy economy of the future. As we all know, the best way to reduce our deficit and bring down our debt is by putting Americans back to work.  (Debt Quotes) I’ve been pretty clear about saying that I think that the No. 1 threat to our national security is our debt. And we’ve got to get our arms around that and head it in another - head it in the right direction - that we have to pay our fair share of this.  (Debt Quotes) In fighting the debt crisis, E.U. countries have enhanced co-operation and carried out reform with tremendous courage. This is laudable.  (Debt Quotes) The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt.  (Debt Quotes) College dropouts with significant debt struggle with repayment over the course of their lives and do not receive the benefits afforded to their peers who have debt but obtain higher-paying jobs as a result of college completion.  (Debt Quotes) I use my financial values to set my limitations. I have three children I want to put through college debt free. So that means I can’t spend wildly or with disregard.  (Debt Quotes) An economic message, an economic platform unites the factory worker in Scranton, the young woman in Los Angeles struggling to pay her college debt and the single mom in Buffalo who’s on minimum wage.  (Debt Quotes) I know that everybody who supported Bernie Sanders supported him because they believe that college debt is too high. They believe that the minimum wage needs to be increased. They believe that we have to take on climate action.  (Debt Quotes) I think building the middle class, investing in the middle class, making college debt-free so more young people can get their education, helping people refinance their - their debt from college at a lower rate. Those are the kinds of things that will really boost the economy.  (Debt Quotes) College gives people learning and also takes away future opportunities by loading the next generation down with debt.  (Debt Quotes) Student loan debt is the reason I don’t advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college.  (Debt Quotes) More than ever, a college diploma unlocks economic opportunity, provides students with a wealth of new skills and knowledge, and encourages innovation and growth. But more than ever, it also comes with a mountain of student loan debt.  (Debt Quotes) G.E. doesn’t pay any taxes, and we are asking college kids to take on even more debt to get an education and asking seniors to get by on less. These aren’t just economic questions. These are moral questions.  (Debt Quotes) I felt like I’ve needed to ask my parents up until about four years ago about everything. They have helped me tremendously, I came out of college with no debt. Everything they made, they just poured into my education.  (Debt Quotes) Something that bothered people about ‘Dawson’s Creek’ but as a writer, I kind of dug: writing those kids as though they were college grad students. It was fun and liberating and made for a true sort of writer’s show. It was a fun year for me, because I got to get out of debt with my first TV job, and I learned a ton.  (Debt Quotes) When we graduated from college and law school, we had a mountain of debt  (Debt Quotes) That is especially important as more young people must take on huge debt loads to go to college  (Debt Quotes) College students today are drowning in debt, and it is hurting them and hurting our economy. We must find a way to help families pay for college without condemning them to a lifetime of indebtedness.  (Debt Quotes) It was at the graduate school at Columbia University that I first met Wesley C. Mitchell, with whom I was associated for many years at the National Bureau of Economic Research and to whom I owe a great intellectual debt.  (Debt Quotes) Compound interest on debt was the banker’s greatest invention, to capture, and enslave, a productive society.  (Debt Quotes) It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.  (Debt Quotes)
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