A Quote by John Caudwell

I was only 21 when I bought a five-bedroom detached house in Stoke-on-Trent that was way outside of my financial status in life. I did it by borrowing money from my family and the bank, taking out a huge mortgage.

John Caudwell

Quote Topics

Bank Bedroom Borrowing Borrowing Money Bought Detached Did Family Financial Five House Huge Life Money Mortgage My Family Only Out Outside Status Stoke Taking Way

Quote Author

John Caudwell
English - Businessman
Born: October 7, 1952

Bad karma is the spiritual debt one has accumulated for one's mistakes from all previous lives and this life. It includes killing, harming, taking advantage, cheating, stealing, and more. On Mother Earth, when you buy a house, you take out a mortgage from a bank. This mortgage is your debt to the bank. You pay every month for fifteen, twenty, or thirty years to clear your financial debt. In the spiritual realm, if you have bad karma, you may have to pay for many lifetimes to clear your spiritual debt.

Zhi Gang Sha

I bought a house, it's a two bedroom house, but I think it's up to me to decide how many bedrooms there are. This bedroom has an oven in it. This bedroom has a lot of people sitting around watching TV. This bedroom is over in that other guy's house.

Mitch Hedberg

Stoke-on-Trent - forget about the football club, or the people at the football club, and the supporters - Stoke-on-Trent is a wonderful place.

Tony Pulis

Now, suppose that a homeowner puts down only 3% of their own money or 3.5% for the FHA. That means if prices go down by only 3%, the house will be in negative equity and it would pay the homeowner just to walk away and say, "The house now is worth less than the mortgage I owe. I think I'm just going to move out and buy a cheaper house." So it's very risky when you have only a 3% or 3.5% equity for the loan. The bank really isn't left with much cushion as collateral.

Michael Hudson

Night was coming on in, borrowing the light. It had started out borrowing just a few cents worth of the light, but now it was borrowing thousands of dollars worth of the light every second. The light would soon be gone, the bank closed, the tellers unemployed, the bank president a suicide.

Richard Brautigan

Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.

Bernard Lietaer

Borrowing money on what's called 'easy terms,' is a one-way ticket to the Poor House. If you think it ain't a Sucker Game, why is your Banker the richest man in your Town? Why is your Bank the biggest and finest building in your Town? Instead of passing Bills to make borrowing easy, if Congress had passed a Bill that no Person could borrow a cent of Money from any other person, they would have gone down in History as committing the greatest bit of Legislation in the World.

Will Rogers

I always thought I'd buy my mother a house if I ever became successful - a big, beautiful house on the nicest street in town. It didn't exactly work out that way. I was still borrowing money from her in my 40s.

Tom Shales

I lived in Peckham for the first 12 years of my life and then my mum and dad decided they really didn't want to bring up their children there. So they saved up money and bought a house in Plumstead, semi-detached, three bedrooms.

Tinie Tempah

If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.

Suze Orman

It's good to be successful and have financial status but if you're only gonna live for the money, you're only gonna reach a certain status and I'm in there for greatness and peace of mind.

Mike Tyson

Earthly families all look different. And while we do the best we can to create strong traditional families, membership in the family of God is not contingent upon any kind of status - marital status, parental status, financial status, social status, or even the kind of status we post on social media.

Carole M. Stephens

We paid for this instead of a generation of health insurance, or an alternative energy grid, or a brand-new system of roads and highways. With the $13-plus trillion we are estimated to ultimately spend on the bailouts, we could not only have bought and paid off every single sub-prime mortgage in the country (that would only have cost $1.4 trillion), we could have paid off every remaining mortgage of any kind in this country - and still have had enough money left over to buy a new house for every American who does not already have one.

Matt Taibbi

The only time I've ever taken out a loan is for the building work I had done at our house and I did that by extending the mortgage.

Andrea McLean

And by the way it's not about making money, it's about taking money. Destroying the status quo because the status is not quo. The world is a mess and I just need to rule it.