A Quote by Richard Steele

The person, whom you favored with a loan, if he be a good man, will think himself in your debt after he has paid you. — © Richard Steele
The person, whom you favored with a loan, if he be a good man, will think himself in your debt after he has paid you.
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
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.
Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?
The Cross is not simply a lovely example of sacrificial love. Throwing your life away needlessly is not admirable — it is wrong. Jesus’ death was only a good example if it was more than an example, if it was something absolutely necessary to rescue us. And it was. Why did Jesus have to die in order to forgive us? There was a debt to be paid — God himself paid it. There was a penalty to be born — God himself bore it. Forgiveness is always a form of costly suffering.
I will hurt you for this. I don't know how yet, but give me time. A day will come when you think yourself safe and happy, and suddenly your joy will turn to ashes in your mouth, and you'll know the debt is paid.
A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt.
One of man's important mistakes, one which must be remembered, is his illusion in regard to his I. Man such as we know him, the 'man-machine,' the man who cannot 'do,' and with whom and through whom everything 'happens,' cannot have a permanent and single I. His I changes as quickly as his thoughts, feelings and moods, and he makes a profound mistake in considering himself always one and the same person; in reality he is always a different person, not the one he was a moment ago.
In proportion as man gets back the spirit of manliness, which is self-sacrifice, affection, loyalty loan idea beyond himself, a God above himself, so far will he rise above circumstances, and wield them at his will.
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.
The failures are not due to any injustice, but to an inner defect. It is always caused by the person himself. Yes, I know, you think you are doing an act of justice. But they will only suck you dry, wear out your energy, nourish themselves on your ideas. After being the most compassionate man in the world, I say to you today: Let the weak ones die, let them commit suicide.
You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.
That a person cannot and consequently will not defend himself, does not yet cast disgrace upon him in our eyes ; but we despise the person who has neither the ability nor the good will for revenge whether it be a man or a woman.
To every man in the world there is one person of whom he knows little: whom he would never recognize if he met him walking down the street, whose motives are a mystery to him. That is himself.
When the Superior Man eats he does not try to stuff himself; at rest he does not seek perfect comfort; he is diligent in his work and careful in speech. He avails himself to people of the Tao and thereby corrects himself. This is the kind of person of whom you can say, "he loves learning."
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.
It shows nobility to be willing to increase your debt to a man to whom you already owe much.
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