A Quote by Beppe Grillo
When you have a debt that's strangling you, you're not growing.
Quote Topics
Quote Author
Related Quotes
We need to stop the vicious cycle of debt that is strangling us.
When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.
When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I.
I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.
An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.
I'm growing fonder of my staff; I'm growing dimmer in the eyes; I'm growing fainter in my laugh; I'm growing deeper in my sighs; I'm growing careless of my dress; I'm growing frugal of my gold; I'm growing wise; I'm growing yes, I'm growing old!
Goals work. Pick one debt, and then put every dime into paying down that one debt. Once that debt is paid off, start paying down the next debt. Pretty soon it's time to move from paying debt to building savings.
I have younger friends who are in this pinch where they feel they've been counted out before they've had a chance to prove themselves. They've inherited a lot of debt - not just student debt but environmental debt, political debt. They really feel squeezed.
Shipping first time code is like going into debt. A little debt speeds development so long as it is paid back promptly with a rewrite. The danger occurs when the debt is not repaid. Every minute spent on not-quite-right code counts as interest on that debt. Entire engineering organizations can be brought to a standstill under the debt load of an unconsolidated implementation, object-oriented or otherwise.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. If a business, say, gets in too much debt it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?
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.
All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.
Related Authors
Bill Maher Quotes
American
Comedian
Craig Ferguson Quotes
Scottish
Comedian
David Letterman Quotes
American
Comedian
Demetri Martin Quotes
American
Comedian
Ellen DeGeneres Quotes
American
Comedian
George Carlin Quotes
American
Comedian
Jay Leno Quotes
American
Comedian
Jim Gaffigan Quotes
American
Comedian
Jimmy Fallon Quotes
American
Comedian
Joan Rivers Quotes
American
Comedian
Mitch Hedberg Quotes
American
Comedian
P. J. O'Rourke Quotes
American
Comedian
Robin Williams Quotes
American
Comedian
Rodney Dangerfield Quotes
American
Comedian
Stephen Colbert Quotes
American
Comedian
Steven Wright Quotes
American
Comedian