27 Of The Best Debt Quotes To Make You Feel Better

Before we get into the best debt quotes, let’s talk about debt.

It’s pretty safe to say that not being in debt would make you happier overall. Life is just easier when you don’t have to worry about making debt payments every month.

Creating good money habits from day one can help you manage your debt or even get out of it completely.

Being in debt can make you feel miserable, especially if you’re debt payments are making it difficult for you to do things that you enjoy.

Debt can be accrued in so many ways. Some people take loans for college, cars or homes.

Some people have to take on debt to pay a medical bill or two cause they won’t have the cash in hand.

And the worst kind, people who get into debt by spending that money on expensive restaurants and first class tickets to Paris!

If you’re feeling down about being in debt and you’re in need of a pick-me-up, you might be able to draw some motivation from these collection of quotes.

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Debt Quotes To Make You Feel Better

  1. “Debt is a powerful tool if used wisely, but a dangerous weapon if used recklessly.” – Dave Ramsey
  2. “The greatest thief in the world is inflation, and debt is its accomplice.” – Ravi Zacharias
  3. “A penny saved is a penny earned.” – Benjamin Franklin
  4. “Debt is not just about money, it’s about trust.” – Terry Savage
  5. “Debt is not a sign of success, it’s a sign of failure.” – Robert Kiyosaki
  6. “The two enemies of human happiness are pain and boredom. Debt and bills can be both.” – Arthur Schopenhauer
  7. “We buy things we don’t need, with money we don’t have, to impress people we don’t like.” – Suze Orman
  8. “Until we learn to manage money, we will continue to have problems with it.” – T. Harv Eker
  9. “The only man who sticks closer to you in adversity than a friend is a creditor.” – Unknown
Debt is where you can buy now and pay later

Why Does reading debt quotes Help You Feel Better?

There are a few reasons as to why reading quotes about debt can help you feel better.

Firstly, it helps you gain perspective that you aren’t alone when dealing with debt. It’s a common issue that many people face and reading quotes from people who have successfully come out of it can provide you with some inspiration.

Secondly, reading motivational debt quotes can give you motivation to take action and improve your current financial situation.

Most quotes focus on either helping you get out of debt, live within your means or just taking control of your finances.

These types of messages can make you feel empowered to make the necessary changes in your life to get rid of the struggle of accruing debt.

Finally, reading debt quotes can serve as a gentle reminder that having debt isn’t the end of the world.

There is no doubt that it can be stressful and difficult to manage but it is a challenge that can be overcome with perseverance, determination and hard work.

I hope these quotes inspire you in your journey to managing your finances and getting that one step closer to financial stability.

More Debt Quotes

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

11. “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

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

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

14. “Those have a short Lent, who owe money to be paid at Easter.” – Benjamin Franklin

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

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

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

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

debt can be stressful if not managed properly

Debt Can Be Stressful

Debt can be stressful because it can impact various aspects of your life which include your finances, credit score and just your overall wellbeing. Developing a plan in how to make your payments on time to become debt free is of utmost importance.

Here are few of the reasons why debt can be stressful:

1. Credit Score

Debt can impact your credit score both positively and negatively. It can hamper your ability to get approved for loans, credit cards, mortgages and other financial products in the future.

Which in turn would make it harder for you to achieve your financial goals.

Check out this post on 5 easy steps to increase your credit score: FAST!

2. Financial Weight

Accruing debt represents a financial obligation that you must meet. In most cases this financial obligation is for an extended period of time. This can be a significant burden on your finances.

Having to make regular debt payments every month would mean you have less money to use on other expenses such as rent, groceries or savings.

3. Future Uncertainty

Being uncertain about your future is natural, whether or not you’re in debt. Nobody knows what the future holds.

You may worry about your ability to make payments in the future if your financial position changes like losing a job or an emergency health expense of some kind.

This future uncertainty can lead to anxiety, stress or depression which can take a significant toll on a persons mental health.

Trying to find little things that will make you happier are important to not feel like you are in a loop of mental health problems.

4. Interest Rates

If you have debt which has relatively high interest rates it can make it difficult to progress in paying off your debt.

The longer you carry the debt the more interest that accrues, thus making you feel like you are in a cycle of making debt payments every month.

have a good plan to get rid of your debt

Few More Quotes About Debt

19. “Debt is the slavery of the free.” – Publilius Syrus

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

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

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

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

24. “A billion here, a billion there, sooner or later it adds up to real money.” – Everett Dirksen

25. “Many delight more in giving of presents than in paying their debts.” – Sir Philip Sydney

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

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

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Last Updated on 20th February 2023 by Emma

About Emma

I'm here to help you become confident in making the best money decisions for you and your family. Frugal living has changed my life, let me help you change yours.

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