Benjamin Franklin Quote

"But what madness must it be to run in debt for these superfluities! We are offered, by the terms of this vendue, six months' credit; and that perhaps has induced some of us to attend it, because we cannot spare the ready money, and hope now to be fine without it. But, ah, think what you do when you run in debt; you give to another power over your liberty. If you cannot pay at the time, you will be ashamed to see your creditor; you will be in fear when you speak to him, you will make poor pitiful sneaking excuses, and by degrees come to lose you veracity, and sink into base downright lying; for, as Poor Richard says, the second vice is lying, the first is running in debt. And again to the same purpose, lying rides upon debt's back."

by:	Benjamin Franklin (1706-1790) US Founding Father
Source:	The Way to Wealth (1758)
Rating:
Categories:	Debt, Power, Liberty, Dishonor, Honesty, Deception, Vice
	Tweet

There is a full 'House' of liars - keeping a running debt going.  -- Mike, Norwalk      1
Mike is right and well said.  -- Jim K, Austin      1
-- Ronw13, Yachats Or

Tweet  Rate this quote! How many stars? 0 1 2 3 4 5	What do YOU think?
Your name:	Your town:     CLICK JUST ONCE!

Get a Quote-A-Day! Free!
Liberty Quotes sent to your mail box.
Email: