BORROWED MONEY QUOTES

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"I had learnt at the onset not to carry on public work with borrowed money." Mahatma Gandhi. IMG
"Any self-respecting entrepreneur has borrowed money from their mother at some point." Kevin Plank. IMG
"I kept my clothes on. I borrowed money." Estella Warren. IMG
"I have only ever borrowed money for investment. I have been sound money all my life." Ken Livingstone. IMG
"Who goeth a borrowing. Goeth a sorrowing." Thomas Tusser. IMG
"You must take risks, both with your own money or with borrowed money. Risk taking is essential to business growth." J Paul Getty. IMG
"You cannot establish sound security on borrowed money." William J H Boetcker. IMG
"Borrowed thoughts, like borrowed money, only show the poverty of the borrower." Marguerite Gardiner, Countess of Blessington. IMG
"You should always live within your income, even if you have to borrow to do so." Josh Billings. IMG
"There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out." Thomas Carlyle. IMG
"You cannot keep out of trouble by spending more than your income," William J H Boetcker. IMG
"I love awards, especially if I get them. It's up to the courage of the filmmakers to make art in cinema, not just business. John was rejected by studios, he borrowed money and did movies with his own money. You're either courageous or not. You have to find a way." Ben Gazzara. IMG
"To pay for my father's funeral I borrowed money from people he already owed money to. One called him a nobody. No, I said, he was a failure. You can't remember a nobody's name, that's why they're called nobodies. Failures are unforgettable." Philip Schultz. IMG
"As far as I know, we have never before decided to fight a war with borrowed money and ask generations that come after us to pay for it." Byron Dorgan. IMG
"You cannot bring about prosperity by discouraging thrift. You cannot establish sound security on borrowed money. You cannot keep out of trouble by spending more than you earn." Abraham Lincoln. IMG
"We borrowed money, it helped us with bonds and what not, and the Federal Government backed it, but it was a guarantee, it was not a grant. And we not only paid it off, but we paid it off ahead of time." David Dinkins. IMG
"The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money." Mortimer Zuckerman. IMG
"The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't." John Podhoretz. IMG
"The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies." Wolfgang Schauble. IMG
"Acquaintance. A person whom we know well enough to borrow from, but not well enough to lend to." Ambrose Bierce. IMG
"An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money." John Maynard Keynes. IMG
"Our philosophy has been to be fiscally conservative, so we can be operationally aggressive. We're not using borrowed money to grow. So we'll put up a store just to get there before the competition. If it doesn't work, we'll close it and lose a little equity. It won't kill us." Wayne Huizenga. IMG
"I've seen more people fail because of liquor and leverage - leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing." Warren Buffett. IMG
"I can get no remedy against this consumption of the purse: borrowing only lingers and lingers it out, but the disease is incurable." William Shakespeare. IMG
"Most people work just hard enough not to get fired and get paid just enough money not to quit." George Carlin. IMG
"Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit." Warren Buffett. IMG
"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here." Alan Greenspan. IMG
"There are times when a market such as housing, transportation or the stock or mortgage market keep rising and people with capital want to join in this growth. Soon the markets become overheated, partly because of the abundance of investment money and speculation. This is when the government should raise interest rates and increase the cost of borrowed money. Governments are shy about doing this because it could cause the very recession. Yet this is the best time to do this so that the inevitable recession never reaches the magnitude of the recent Great Recession." Philip Kotler. IMG
"Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry." William Shakespeare. IMG
"Never spend your money before you have earned it." Thomas Jefferson. IMG

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