A Quote by Charles Caleb Colton

By paying our other debts, we are equal with all mankind; but in refusing to pay a debt of revenge, we are superior.

Charles Caleb Colton

Quote Topics

Debt Debts Equal Mankind Other Our Pay Paying Refusing Revenge Superior

Quote Author

Charles Caleb Colton
English - Writer
1780 - 1832

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.

Michael Hudson

The bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only party that can pay the debt is the government, because it runs the printing presses. So the debts ultimately either are paid by the government, or they're paid by a huge transfer of property from debtors to creditors - or, the debts are written off.

Michael Hudson

A man cannot free himself by any self-denying ordinances, neither by water nor potatoes, nor by violent possibilities, by refusing to swear, refusing to pay taxes, by going to jail, or by taking another man's crops or squatting on his land. By none of these ways can he free himself; no, nor by paying his debts with money; only by obedience to his own genius.

Ralph Waldo Emerson

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.

Elizabeth Warren

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

John Buchan

In Heaven, there are no debts - all have been paid, one way or another - but in Hell there's nothing but debts, and a great deal of payment is exacted, though you can't ever get all paid up. You have to pay, and pay, and keep on paying. So Hell is like an infernal maxed-out credit card that multiplies the charges endlessly.

Margaret Atwood

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.

Robert Kiyosaki

Ironically, many people can't afford to give precisely because they're not giving. If we pay our debt to God first, then we will incur His blessing to help us pay our debts to men. But when we rob God to pay men, we rob ourselves of God's blessing.

Randy Alcorn

The problem is indeed that one party's debt finds its counterpart in some other party's savings. Not paying debts therefore involves annulling some other party's financial claims on the debtor.

Michael Hudson

Pay your utilities, gas and other basic needs before paying on your debts.

Dave Ramsey

When you forgive, you must cancel the debt. Do not spend your life paying and collecting debts.

Joyce Meyer

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.

Robert Kiyosaki

Allow a government to decline paying its debts and you overthrow all public morality-you unhinge all the principles that preserve the limits of free constitutions. Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possibly the incurring of any new debt.

Alexander Hamilton

I use a "Debt Dash" approach to paying off debt. I recommend people focus on paying off the debt with the lowest balance first. So if the primary has less debt you would focus on that.

Michelle Singletary

Debt settlement companies work as a middleman between you and your creditor. If all goes well (and that's a big if), you should be able to settle your debts for cents on the dollar. You'll also pay a fee to the debt settlement company, usually either a percentage of the total debt you have or a percentage of the total amount forgiven.