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Michelle Singletary, "Big Mama used to say it's not how much money you make that matters, but how you make do with what you have"

Michelle's Favorite Money Quotes

About Debt

If you are resolved to get out of debt, here are some quotations to remind you why that's a worthy goal.

"Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man's surety"
- Andrew Jackson

"I hate this shallow Americanism which hopes to get rich by credit."
- Ralph Waldo Emerson

"Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times."
-Rutherford Birchard Hayes

"Modern man drives a mortgaged car over a bond-financed highway on credit-card gas. "
- Earl Wilson

"You must pay at last your own debt. If you are wise, you will dread a prosperity which only loads you with more."
- Ralph Waldo

"No man's credit is ever as good as his money."
- Edgar Watson Howe

"Nothing seems expensive on credit."
- Czech Proverb

"Neither a borrower nor a lender be;/ For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry."
- William Shakespeare

"Credit cards have three dimensions: height, width and debt."
- Shelby Friedman

"DEBT, n. An ingenious substitute for the chain and whip of the slave driver. "
- Ambrose Bierce

"Some people use one half their ingenuity to get into debt, and the other half to avoid paying it."
- George D. Prentice

"OWE, v. To have (and to hold) a debt. The word formerly signified not indebtedness, but possession; it meant "own," and in the minds of debtors there is still a good deal of confusion between assets and liabilities."
- Ambrose Bierce

"This would be a much better world if more married couples were as deeply in love as they are in debt."
- Earl Wilson

"Our business is to have great credit and to use it little."
- Thomas Jefferson

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About Saving

Here are some words to remind why saving is something everyone should be doing:

"Rich in saving common-sense, And, as the greatest only are, In his simplicity sublime."
- Alfred Tennyson Tennyson. (1809–1892)

"It is great wealth to a soul to live frugally with a contented mind."
- Lucretius

"A man is rich in proportion to the number of things which he can afford to let alone."
- Henry David Thoreau

"The saving man becomes the free man."
- Chinese Proverb

"A bank is a place that will lend you money if you can prove you don't need it."
- Bob Hope

"The greatest wealth is to live content with little, for there is never want where the mind is satisfied."
- Lucretius

"The spendthrift rich never have enough, but the thrifty poor always have a little put by."
- Chinese proverb

"Resolve not to be poor: whatever you have, spend less. Poverty is a great enemy to human happiness; it certainly destroys liberty, and it makes some virtues impracticable, and others extremely difficult."
- Samuel Johnson

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About Investing

"The safe way to double your money is to fold it over once and put it in your pocket."
- Kin Hubbard

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About Buying Unnecessarily

"Habit, if not resisted, soon becomes necessity."
- Saint Augustine, North African-born church father (354-430)

"Don't spend your money till you have it."
- Thomas Jefferson, U.S. president (1743-1826)

"After spending some money in his sleep, Hermon the Miser was so infuriated that he hanged himself."
- Gaius Lucilius

"What's the point of having money if nobody knows it!"
- Well-dressed woman in a Cadillac showroom

"Never knew how poor I was until I started making money."
- Michael Douglas to Charlie Sheen in "Wall Street," 1987.

And finally, let me leave you with this thought from Henry Ward Beecher:

"He is rich or poor according to what he is, not according to what he has."