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. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.

I think that I know the value of a dollar.

We will bankrupt ourselves in the vain search for absolute security.

Rather go to bed without dinner than to rise in debt.

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.

Millions of Americans and people around the world, especially young people who face intense financial challenges today, haven’t been taught how to take control of their financial future.

The debt we owe to the play of imagination is incalculable.

You know, if you are kind of rich, the best thing is that you don’t have to think about money. The best thing you can buy with money is freedom, time. I don’t know how much I earn a year. I have no idea. I don’t know how much I pay in taxes.

I declared bankruptcy, and that was the worst thing I ever should have done.

Being willing to donate the taxpayers‘ money is not the same as being willing to put your own money where your mouth is.

I want to be financially secure by the time I have kids.

I used to have insecurity about my finances, then I announced that I had debt, and now I don’t have any insecurities.

Tax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight.

I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses – each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.

Watch your finances like a hawk.

I don’t care about money.

I’d say it’s been my biggest problem all my life… it’s money. It takes a lot of money to make these dreams come true.

Now, people when I say that look at me and say, ‚What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?‘. The answer is yes, that’s what I’m telling you.

Money is like an arm or leg – use it or lose it.

Financial freedom is available to those who learn about it and work for it.

Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.

The most important thing for a young man is to establish a credit… a reputation, character.

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We’ll break out of it. It takes time.

A man in debt is so far a slave.

Debt is part of the human condition. Civilization is based on exchanges – on gifts, trades, loans – and the revenges and insults that come when they are not paid back.

The problem is that the U.S. government is the biggest debtor in the world, and those depending on it to take care of them will only become poorer.

Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.

Thrift is of great revenue.

I mean, I do think at a certain point you’ve made enough money.

There is definitely an addiction to money that I have.

Money is a strange business. People who haven’t got it aim it strongly. People who have are full of troubles.

Remember that credit is money.

I just don’t like mutual funds. I think they’re a rip-off.

Money for me today does not really matter.

I like money, but it’s never been about the money.

Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren’t so exciting.

You lose your individuality a huge amount when you have no money, and I certainly had that experience.

I believe that thrift is essential to well-ordered living.

There was the time I bought three cars in the span of three or four weeks. It was crazy; it wasn’t greedy. It was mine, my girl’s, my mom’s. I got Benzes for my ladies. But I felt crazy. You have to understand I come from a world where we’re very modest. But that’s not greedy. That’s nice, right?

Of course, to have money is just great because you can do what you think is important to you. I always was a rich person because money’s not related to happiness.

It is not how much one makes but to what purpose one spends.

The one thing that offends me the most is when I walk by a bank and see ads trying to convince people to take out second mortgages on their home so they can go on vacation. That’s approaching evil.

At the height of the Enron mania, the company’s market value was $65 billion. Once the dust cleared, the final value was $0.

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

In Europe first and now in America, elected men have taken it upon themselves to indebt their people to create an atmosphere of dependency. And why? For their own selfish need to increase their own personal power.

People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.

Don’t hold against me that I don’t own – that I don’t own a single stock or bond. Don’t hold it – I have no savings accounts.

Give me five minutes with a person’s checkbook, and I will tell you where their heart is.

It’s time to start thinking differently about money and debt and start the healing process – and the process toward wealth and freedom. ‚Freedom from Bad Debt‘ can get you started.

Every man is a consumer, and ought to be a producer. He is by constitution expensive, and needs to be rich.

If a person gets his attitude toward money straight, it will help straighten out almost every other area in his life.

The call for debt cancellation is welcome, but debt does not just go away.

Without frugality none can be rich, and with it very few would be poor.

At my lowest point, I was nearly $700,000 in debt.

The only question with wealth is, what do you do with it?

When I first starting making money, when I first made my first six-digits, I was – my big thing was I went to put super unleaded in my truck for the first time.

I always invest my own money in the companies that I create. I don’t believe in the whole thing of just using other people’s money. I don’t think that’s right. I’m not going to ask other people to invest in something if I’m not prepared to do so myself.

My number one thing? Don’t overleverage yourself. Don’t say you can do something when you really can’t.

Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.

Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger.

In ‚Unfair Advantage: The Power of Financial Education‘ and ‚Why A Students Work for C Students,‘ I reveal the secrets of the wealthy and what schools will never teach you about money.