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Borrowing Quotes

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Borrowing Quotes

“There is a strange idea abroad, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan. The banker is not giving something for nothing.”

“For peace read books, for success read books and take actions.”

“Preserving cultural diversity is considered a supreme virtue today, but the members of the diverse subcultures don't always see it that way. People have wants and needs, and when cultures rub shoulders, people in one culture are bound to notice when their neighbors are satisfying those those desires better than they are. When they do notice, history tells us, they shamelessly borrow wherever works best.”

“We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but the grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.”

“We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but they grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.”

“The infamous Debt-To-Income ratio is the standard formula most lenders use to determine a potential borrowers capacity. Lenders calculate this by adding up a borrower’s total monthly debt payments and dividing that by the borrowers gross monthly income.”

“Na nieśmiałą uwagę pani Stawskiej: dlaczego nie żyje z familią? — baronowa odpowiedziała: — Z jaką, kochana pani? Ja już nie mam nikogo, a choćbym nawet miała, nie mogłabym przyjmować u siebie ludzi tak chciwych i ordynarnych. Familia zaś mego męża wypiera się mnie, gdyż nie pochodzę ze szlachty; co im zresztą nie przeszkadzało wytumanić ode mnie ze dwieście tysięcy rubli. Dopóki pożyczałam im na wieczne nieoddanie, politykowali ze mną; ale gdy się opatrzyłam, zerwali stosunki i nawet oni to namawiali mego nieszczęśliwego męża, ażeby położył mi areszt na majątku. O, co ja przeżyłam z tymi ludźmi!… — dodała płacząc.”

“If you would know the value of money, go and try to borrow some.”

“A debt is just as hard for a Government to pay as it is for an individual. No debt ever comes due at a good time. Borrowing is the only thing that seems handy all the time.”

“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.”

“The surest way to ruin a man who doesn't know how to handle money is to give him some.”

“I have seen books made of things neither studied nor ever understood ... the author contenting himself for his own part, to have cast the plot and projected the design of it, and by his industry to have bound up the fagot of unknown provisions; at least the ink and paper his own. This may be said to be a buying or borrowing, and not a making or compiling of a book.”