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Franklin and Jefferson on debt

Buy what thou hast no Need of

and

ere long thou shalt sell thy Necessaries.

~Benjamin Franklin

 

 

Be assured that it gives much more pain to the mind

to be in debt,

than to do without any article whatever

which we may seem to want.

-Thomas Jefferson*

 

*Jefferson, chronically in debt, would know that of which he spoke.

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Today’s 365 post: Zoe’s first honest-to-goodness haircut

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Katie

Tuesday 21st of February 2012

It's not a presidential quote, and not about debt, but I always smile when I think of Thoreau's "I say, beware of all enterprises that require new clothes, and not rather a new wearer of clothes." Seems to fit in here!

may armada

Friday 17th of February 2012

so true and i learned this lesson the hard way.still paying off debts.but with my hubby not working for 2 years after 2 redundancies.it wasn't easy.had to use credit card for groceries.

Heather :) :) :)

Thursday 16th of February 2012

Amen and amen...LOVE those quotes!!! Good advice!!! Love and hugs from the ocean shores of California, Heather :)

Pam McCormick

Thursday 16th of February 2012

I actually prefer to observe people than just listen or read things they say or how they tell people to live.If you haven't actually accomplished something I certainly don't hold any merit in your "words of wisdom".I actually have paid off a house,put a daughter thru college(paid for) and paid for a wedding.I have actually paid off a car loan.I learned everything I could for 2 smart,hardworking women I called my grama's.Two women I adored and learned a ton from.Neither had an extensive education or a high paying job.I wish more women wrote about HOW they accomplished things with limited resources.We could all use that type of wisdom passed on.

Ingrid

Thursday 16th of February 2012

Hence we're looking at this blog... yes, respect has to be earned, doesn't it?

Jessica@NutsvilleInNorway

Thursday 16th of February 2012

What wonderful quotes! Surely words we should try to live by. :)

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