137 Inspirational Debt Quotes To Help You Get Out Of Debt

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It’s very easy to run into debt, but getting out of it is a different ball game. One would have to employ some debt-payment strategies in order to be financially free. However, finding an effective way to pay your debt is not the only thing you should be concerned about. You have to also redefine your mindset by getting inspiration from insightful debt quotes.

Learning famous quotes about debt will not only motivate you to clear your balance but would also remind you of the dangers of incurring debt. Apparently, you’d be compelled to live below your means and stay away from debt once you successfully pay what you owe.

In this post, I have compiled a long list of the most inspiring and motivating debt quotes that would push you to be financially free.


What Is The Most Famous Debt Quote Of All Time?

There are dozens of popular quotes regarding debt. Notwithstanding, one of the most famous debt quotes of all time is “Debt is the slavery of the free” – Publilius Syrus. This quote clearly talks about how you can be legally free yet held down by debt.

debt quotes


137 Inspirational Debt Quotes To Help You Get Out Of Debt

Quotes in general usually have profound meanings. They convey some of the most crucial lessons that we must learn in life. Quotes about debt payoff are not exempted.

If you have been struggling to pay off debt but still can’t find a headway, then you probably need some mental push. Picking invaluable lessons from debt quotes might just be the only way to challenge your mindset to release yourself from the shackles of debt. Here are 137 quotes on debt that can inspire you to be debt-free today:


Best Quotes About Debt

best quotes about debt

The best quotes about debt are not usually difficult to comprehend. The messages may not be literal, but they are clear enough to understand. Check out these best debt quotes below:

1. “Debt is like any other trap, easy enough to get into, but hard enough to get out of.” — Henry Wheeler Shaw

2. “Many delights more in giving of presents than in paying their debts.” — Sir Philip Sydney

3. “Don’t let your mouth write no check that your tail can’t cash.” — Bo Diddley

4. “Good times are when people make debts to pay in bad times.” — Robert Quinlin

5. “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” — Ogden Nash

6. “Debts are like children – begot with pleasure, but brought forth with pain.” — Moliere

7. “This would be a much better world if more married couples were as deeply in love as they are in debt.” — Earl Wilson

8. “Debt is the slavery of the free.” — Publilius Syrus

9. “There are four things every person has more of than they know: sins, debt, years, and foes.” — Persian Proverb

10. “Chains of habit are too light to be felt until they are too heavy to be broken.” — Warren Buffet

11. “Many a man thinks he is buying pleasure, when he’s really selling himself to it.” — Benjamin Franklin

12. “Wars in old times were made to get slaves. The modern implement of imposing slavery is debt.” — Ezra Pound

13. “Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.” — Henrik Isben

14. “Remember this: debt is a form of bondage. It is a financial termite.” — Joseph P. Wirthlin

15. “Debt can turn a free, happy person into a bitter human being.” — Michael Mihalik

16. “Buying on the installment plan makes the months shorter and the years longer.” — Unknown

17. “Who goes a borrowing, goes a sorrowing.” — Thomas Tusser

18. “Here is an equation worth remembering: Five dollars earned minus seven dollars spent equals an unhappy life.” — Jon Morrison

19. “There are three kinds of people: the haves, the have-nots, and the have-not-paid-for-what-they-haves.” — Earl Wilson

20. “The only man who sticks closer to you in adversity than a friend is a creditor.” — Unknown


Debt Free Quotes To Keep You Inspired

debt free quotes

Sometimes we can’t take the right actions to solve our problems until we are deeply inspired. Here are some of the best inspirational debt quotes, and debt free quotes you should know:

1. “Debts are like children: the smaller they are the more noise they make.” – Spanish Proverb

2. “Creditors have better memories than debtors.” – Benjamin Franklin

3. “If you think nobody cares if you’re alive, try missing a couple of car payments.” – Earl Wilson

4. “Credit buying is much like being a drunk. The buzz happens immediately, and it gives you a lift. The hangover comes the day after.” – Joyce Brothers

5. “Some people use one-half of their ingenuity to get into debt, and the other half to avoid paying it.” – George Prentice

6. “Before borrowing money from a friend, decide which you need most.” – American Proverb

7. It’s God’s will for you to live in prosperity instead of poverty. It’s God’s will for you to pay your bills and not be in debt. – Joel Osteen

8. Debt is the secret foe of thrift, as vice and idleness are its open foes. The debt-habit is the twin brother of poverty. – Theodore Munger

9. What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? – Adam Smith

10. It is very iniquitous to make me pay debts, you have no idea of the pain it gives one. – Lord Byron

11. Rather go to bed without dinner than to rise in debt. – Benjamin Franklin

12. “It is not from your own goods that you give to the beggar; it is a portion of his own that you are restoring to him. The Earth belongs to all. So you are paying back a debt and think you are making a gift to which you are not bound.” – Saint Ambrose

13. A promise made is a debt unpaid. – Robert W. Service

14. Debt is the worst poverty. – Thomas Fuller

15. You must gain control over your money or the lack of it will forever control you. – Dave Ramsey

16. As it turns out, we don’t “all” have to pay our debts. Only some of us do. – David Graeber


Quotes To Help You Stay Out Of Debt

inspirational quotes about debt

Are you looking for some provocative and insightful quotes to help you pay off debt? Here you go: stay out of debt quotes.

1. Every time you borrow money, you’re robbing your future self. – Nathan W. Morris

2. “Whether we are working to pay off student loans, credit card debt, paying for elder or childcare, or even trying to save for retirement, the idea of the American dream still remains just that – a dream.” – Adrienne C. Moore

3. Some people are just stuck in their ways and have been brainwashed into believing that credit cards and debt are an unavoidable part of life. – Dave Ramsey

4. You cannot spend your way out of recession or borrow your way out of debt. – Daniel Hannan

5. I don’t come from a family that had the money to put me through college, so I left school with $100,000 in student loan debt. – Candace Owens

6. The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt. – Bernie Sanders

7. The very nature of finance is that it cannot be profitable unless it is significantly leveraged… and as long as there is debt, there can be failure and contagion. – Alan Greenspan

8. “Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It’s a trap for the rest of your life because the laws are designed so that you can’t get out of it. – Noam Chomsky

9. “Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt because I’m the one paying for it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.” – Robert Kiyosaki

10. Debt is one person’s liability, but another person’s asset. – Paul Krugman

11. Credit is a system whereby a person who can’t pay, gets another person who can’t pay, to guarantee that he can pay. – Charles Dickens

12. “In every conceivable manner, good debts contribute to your wealth and bad ones take it away. Hence, good debts build you up and bad debts bring down your financial house of cards.” – Ramit Sethi

13. “If (debt) remains, then you remain in bondage. The only way to be free is to get rid of it.” – Dave Ramsey

14. “Debt is the new American slavery, and its chains are made of credit cards.” – Elizabeth Warren

15. “Debt is not just a financial vulnerability, it’s also an emotional one. To let go of the things that are weighing you down in life and leaving them behind gives you freedom and security.” – Barry Cripps

16. “Facing up to your debts is one of the most difficult things you’ll ever do. But in the end, it’s not only how much you owe that matters, but also what you do with what you owe.” – Dale Dauten


Inspirational Quotes About Debt Payoff

quotes about debt

Paying off debt can be a very huge relief. Your finances will be free and you’d regain your peace of mind. Here are some quotes about debt payoff, and inspirational quotes about debt you need to explore:

1. Debts must be paid before pleasures can begin; and you cannot live long upon pleasures without being in debt.” -Samuel Johnson

2. “The man who never has money enough to pay his debts has too much of something else.” -James Kendall Bedford

3. “A hundred wagon loads of thoughts will not pay a single ounce of debt.”-Italian Proverb

4. “When you get into debt, you surrender your freedom.” -Drew Carey

5. “Debt is a great motivator. I think it makes you work harder.” -Robert Herjavec

6. “Debt is an ingenious substitute for the chain and whip of the slavedriver.” -Will Rogers

7. “When you get in debt you become a slave.” -Andrew Jackson

8. “When a man is in love or in debt, someone else has the advantage.” -Bill Balance

9. “A wise man will make more opportunities than he finds. He will never give up his debt during prosperous times.” -Chinese Proverb

10. “Every time you borrow money, you’re robbing your future self.” -Nathan W. Morris

11. “Rich people plan for four generations. Poor people plan for Saturday night.”— Gloria Steinem

12. “A man who pays his bills on time is soon forgotten.” — Oscar Wilde

13. “I make myself rich by making my wants few.” – Henry David Thoreau

14. “Debt is dumb. Cash is king.”— Dave Ramsey

15. “If you’re thinking of debt, that’s what you’re going to attract.”— Bob Proctor

16. “It is thrifty to prepare today for the wants of tomorrow.”— Aesop


Motivational Quotes While Paying Off Debt

Looking for wise quotes to motivate yourself while paying off debt? Here you go: motivational debt free quotes.

1. “Interest on debts grow without rain.” -Yiddish Proverb

2. “He who promises runs in debt.” -The Talmud

3. “Running into debt isn’t so bad. It’s running into creditors that hurts.” -Unknown

4. “The borrower is servant to the lender.” -The Bible

5. “Tis against some men’s principle to pay interest, and seems against others interest to pay the principle.” -Benjamin Franklin

6. “Never spend your money before you have it.” -Thomas Jefferson

7. “I say to you never involve yourself in debt, and become no man’s surety.” -Andrew Jackson

8. “Live within your means, never be in debt, and by husbanding your money you can always lay it out well.” -Andrew Jackson

9. “No man’s credit is as good as his money.” -E.W. Howe

10. “Debts and lies are generally mixed together.” -Francois Rabelais

11. “Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity.” -Samuel Johnson

12. “I go on the principle that a public debt is a public curse.” -James Madison

13. “Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.” -Bill Clinton


Famous Quotes About Debt

Sometimes famous sayings get to stick with us. We don’t usually forget them because they have a point of reference countless times. Here are debt quotes and sayings you should know:

1. “If you have debt I’m willing to bet that general clutter is a problem for you too.” -Suze Orman

2. “A small debt produces a debtor; a large one, an enemy.” -Publilius Syrus

3. “Just because you can buy it doesn’t mean you can afford it.” -Suze Orman

4. “Debt is normal. Be weird.” -Dave Ramsey

5. “I believe that through knowledge and discipline, financial peace is possible for all of us.” -Dave Ramsey

6. “We buy things we don’t need with money we don’t have to impress people we don’t like.” -Dave Ramsey

7. “Act your wage.” -Dave Ramsey

8. “A habit of debt is very injurious to the memory.” -Austin O’Malley

9. “One of the greatest disservices you can do a man is to lend him money that he can’t pay back.” -Jesse Jones

10. “Debt is like any other trap, easy enough to get into, but hard enough to get out of.” -Henry Wheeler Shaw

11. “He who buys what he does not need, steals from himself.” -Swedish Proverb

12. “Many folks think they aren’t good at earning money, when what they really don’t know is how to use it.” -Frank A Clark

13. “A mortgage casts a shadow on the sunniest field.” -Robert Green Ingersoll

14. “It takes as much imagination to create debt as to create income.” -Leonard Orr

15. “If you don’t have the money management skills yet, using a debit card will ensure you don’t overspend and rack up debt on a credit card” – T. Harv Eker

16. “If you are willing to get out of debt, you have to be willing to treat everything as expendable” – Phil McGraw

17. “Bad debt is sacrificing your future day needs for your present-day desires.” – Suze Orman


Funny Quotes About Debt

Looking for wise sayings about debt mixed with humor? Here are the top funny debt quotes to keep in mind:

1. “Blessed are the young for they shall inherit the national debt” – Herbert Hoover

2. Money without brains is always dangerous. ~ Napoleon Hill

3. My problem lies in reconciling my gross habit with my net income. ~ Errol Flynn

4. Always borrow money from a pessimist. He won’t expect it back .— Oscar Wilde

5. Loans make slaves out of free men. — Menander

6. “I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office” – Barack Obama.

7. “The World Bank is now the biggest culprit in the debt crisis” – Susan George

8. In the United States, we have the great Harvard Business School, but America is the country with the greatest debt in the world” – Maharishi Mahesh Yogi

9. A banker is a fellow who lends you his umbrella when the sun is shining but wants it back the minute it begins to rain. — Mark Twain

10. Give money, don’t lend it. Giving only makes ungrateful people, lending makes enemies.— Alexandre Dumas

11. There is no practice more dangerous than that of borrowing money .— George Washington

12. Staying in bed all day is my way of saving money ~ Anonymous

13. “Pay off your debt first. Freedom from debt is worth more than any amount you can earn.” – Mark Cuban

14. “We say we value the legacy we leave the next generation and then saddle that generation with mountains of debt.” – Barack Obama

15. “It’s not what you make but what you save that gets you out of debt.” – Suzanne Woods Fisher

16. “Americanism: Using the money you haven’t earned to buy things you don’t need to impress people you don’t like.” – Robert Quillen

17. “He who is quick to borrow is slow to pay.” An old German proverb

18. Some couples go over their budgets very carefully every month, others just go over them. ~ Sally Poplin

19. It doesn’t matter if you’re black or white… the only color that really matters is green. ~ Family Guy


Final Thoughts On Inspirational Debt Quotes

With these amazing top debt quotes, you should have enough self-motivation and inspiration to pay off your debt as soon as possible.

I’m not saying you would pay all your debt with the snap of a finger just by merely reading these quotes. However, the lessons embedded in these quotes can have a positive impact on your mindset; motivating you to open your mind to effective strategies and opportunities to pay off debt.


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Author: Anthony Ihz

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