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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.


Robert Kiyosaki

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An example of good debt is the debt on the apartment houses I own. That debt is good only as long as...
ROBERT KIYOSAKI Credit card debt is almost always bad. At the very least, make sure that the amount of credit card d...
JAMES KIBLER Bad debt is debt that is used to enhance consumption.
GARY SCHATSKY Focus debt payments on the credit card, then the car, and then the student loans -- always pay your ...
DOUG FLYNN I'm very interested in the more grass-roots consequences of the economic meltdown: issues relate...
ERIC SCHNEIDERMAN The most important loan to pay is your student loan. It's more important than your mortgage, car...
SUZE ORMAN There's a lot of fraud that is not being identified as fraud, not being measured accurately. It's wr...
ANNE WALLACE I see very little other sources of financial catastrophe than credit-card debt,
ELISSA BUIE In general, we are seeing an ever-increasing rise in consumer debt, not just in payday loans but als...
BRUCE HAMLETT I had one new couple who had $20,000 in credit card debt. They couldn't make their monthly payments.
JUDY MARTINDALE Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It'...
NOAM CHOMSKY BAD LOOKS! Bad looks will debt you with lots of friends and eyes.
MUCOR DEDALIV RALUI Typically, students slide into debt through the extension (by credit card companies) of unaffordable...
ROBERT MANNING When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or ha...
JAMES DELAGARZA Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans ca...
JEAN CHATZKY You bought it on sale and you end off paying more for it if you paid by credit card. Get that debt p...
BARBARA STEINMETZ People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the ...
JESSE JACKSON We don't think bad debt is equivalent to charity care.
ANNE MURPHY I think a lot of Americans are in credit card debt since it is so easy to get credit these days.
JANELLE WITTENBURG We're not in arrears. We're out of credit card debt.
SCOTT ANDREWS You'll get the biggest bang for each buck by paying off the highest interest rate debt in your p...
JEAN CHATZKY Consumers have a lot of debt, but they are not in bad shape.
AARON SMITH This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation...
PAUL RYAN It's time to start thinking differently about money and debt and start the healing process - and...
ROBERT KIYOSAKI If you paid down credit-card debt that would reduce the net value of your savings.
KALMAN CHANY If I'm going to be the nagging mother type, if you have a lot of debt, especially high-interest cred...
KAY BELL Some of this is a shift; money identified as bad debt is shifted into charity care,
MIKE GREEN While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't f...
DAVE RAMSEY Running into debt isn't so bad. It's running into creditors that hurts.
SOURCE UNKNOWN Running into debt isn't so bad. It's running into creditors that hurts.
SOURCE UNKNOWN The best way to deal with credit card debt is to educate yourself.
MARK ROSEN Credit is an 'I love debt' score.
DAVE RAMSEY To bring down your credit card balances, write down the benefits of reducing your debt. No more gnaw...
JEAN CHATZKY The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit st...
DAVID MALPASS Promises make debt, and debt makes promises.
DANISH PROVERB Promises make debt, and debt makes promises.
DUTCH PROVERB If you are not able to pay down the debt, that means that the federal government is in competition w...
KENT CONRAD I have a car again! Top of the list, easily. It’s the American dream. The attendant debt is also p...
MICAH B. EDWARDS It takes an average of at least four months for consumers to pay off holiday credit-card debt. Makin...
ELAINE WEISS If you don't have the money management skills yet, using a debit card will ensure you don't ...
T. HARV EKER Some people use one half their ingenuity to get into debt, and the other half to avoid paying it.
GEORGE D. PRENTICE Some people use one half their ingenuity to get into debt, and the other half to avoid paying it.
GEORGE D. PRENTICE Some people use one half their ingenuity to get into debt, and the other half to avoid paying it.
GEORGE DENNISON PRENTICE The good news is it drives the economy. The bad news is it adds to the household debt burden.
SAMUEL GERDANO Worrying is like paying on a debt that may never come due.
WILL ROGERS That second man has his own way of looking at things; asks himself which debt must I pay first, the ...
RALPH WALDO EMERSON A good friend of mine, Tom, had $15,000 in credit- card debt. I recommended to him that he go and bu...
DAVID BACH Part of the reason we were elected is because debt had gotten so high. I wasn't elected to increase ...
GARY BOLDING With all this consumer debt, business debt, government debt, smaller movements in interest rates hav...
BILL GROSS With this accounting treatment, aimed at disposing bad debt, we are now bracing for a turnaround.
HIROSHI SATO Debt ceiling is something that, you know, any time the president asks for the authority to increase ...
RON JOHNSON Whoso hath left debt and children, let him come to me; I am their patron, I will discharge his debt ...
MUHAMMAD Worrying is like paying a debt you don't owe.
MARK TWAIN Students graduating with high debt encounter difficulties in qualifying for home and automobile loan...
HANK JOHNSON So we're paying about $2 million a year on debt reduction,
DICK HAMILTON I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely a...
ALAN GREENSPAN The problem is that people are in serious debt in this country. Outstanding consumer debt is at all-...
BRAD BOTES It's hard to imagine that there will be a move towards yanking that guarantee, or weakening the impl...
GARY GORDON Environmental concern is a little like dieting or paying off credit-card debt - an episodically terr...
JON MEACHAM I have seen debt ratios as high as 70 percent or 80 percent. But somehow these people have found a w...
ANTHONY HSIEH She says, "Do you have any rubbers?" I say, I thought she was barren. "Sure, I'm sterile," she says,...
CHUCK PALAHNIUK The market is dithering, because on the one hand we have the interest-rate gap, but on the other we ...
FUMIHIKO KAWANO Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt...
SUZE ORMAN We need to remember that Florida has $22.5 billion in long-term debt ... True fiscal conservatives b...
DOMINIC CALABRO Guilt is a feeling that you owe a debt that you're not paying.
STEFAN MOLYNEUX The company's sales were affected by deflation in food prices, lower disposable income for consumers...
FERNANDO TRACANELLA Bad debt was very high and the problem increased in the final quarter. The company needs to manage t...
EDUARDO ROCHE The bottom line is that credit-based spending remains incredibly strong. Debt levels continue to ris...
ADENAAN HARDIEN Escaping from credit card debt can seem overwhelming. These calculators help consumers visualize the...
JUSTIN MCHENRY Sumitomo Mitsui owes more than the other banks, yet its profitability is very good. It's not surpris...
YOJI TAKEDA Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.
HENRIK IBSEN Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt
HENRIK IBSEN I have younger friends who are in this pinch where they feel they've been counted out before the...
G. WILLOW WILSON I must say, I never expected to see the day where I would be talking about anything other than reduc...
ALAN GREENSPAN Never worry about debt in life,for as long as you are in business in life,debt will continually exis...
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) If I keep paying attention, I'm going to be in debt!
ALBERT EINSTEIN The middle and working classes are paying the debt that the financial markets created.
JAVIER BARDEM This creates a kind of snowball effect in that you keep increasing the amount that you pay on the de...
CAL BROWN That $40,000-a-year family with two kids could really use that $1,600 to retire that credit card deb...
LAWRENCE LINDSEY If you have a debt issue or credit card issue, start dealing with it. If you have a tax issue, don&#...
HILL HARPER The fact that we are here today to debate raising America's debt limit is a sign of leadership f...
BARACK OBAMA A lot of people get a home equity loan and do it on their own, short of going to a credit counseling...
FRITZ ELMENDORF It has already gone on for an awfully long time. But that doesn't mean that it can't go on some more...
BRAD SETSER Debt is the basis of man's existence in life,without debt no life.
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - ...
MARGARET ATWOOD The quicker you settle the debt,the quicker you can move forward with your life. Actions are bigger ...
FINANCIAL REVOLUTION Before building your dream, consider paying any debt.
RODEL NATIVIDAD CASIO This woman is amazing. I should take her to one of the classes I teach on debt,
KAREN ALTFEST Americans spend much of their adult lives paying taxes in various forms. We should end this practice...
JENNIFER DUNN The long-term impact is yet to be seen; however, it will certainly include students having a higher ...
JAMES BLAND Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corpora...
MARK MCKINNON When I was a youngster growing up in South Dakota, we never referred to the national debt, it was al...
GEORGE MCGOVERN There are three dimensions to credit cards, length, width and debt.
UNKNOWN You have to take out loans to live. Everything I spend right now puts me further into debt.
DAVE BREITENFELD I go on the principle that a public debt is a public curse, and in a Republican Government a greater...
JAMES MADISON Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the ...
MARK ZANDI While the rich loves investment debt,the poor loves vanity debt.
DAVID ATTA (A.K.A DAVIED ATTLARS & MR DAIN) I'm very optimistic that early next year we might be debt-free or have very little debt.
FRANK STRONACH If you have debt I'm willing to bet that general clutter is a problem for you too.
SUZE ORMAN Have you noticed the debt is exploding? And it's not all because of Medicare.
RON PAUL

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ROBERT KENNEDY Satellite communications connect television screens in Japan with television cameras in England, and...
ROBERT KENNEDY To the extent that laws are founded on morality and on logic, they can lead men's hearts and min...
ROBERT KENNEDY I am ashamed to report that my father, who is 73, has never been beaten by any of his four sons in g...
ROBERT KENNEDY Let me make it clear that the Youth Employment Opportunities Act of 1961 is not primarily concerned ...
ROBERT KENNEDY Our scientists grapple with the difficulties of placing a man on the moon, but the immediately troub...
ROBERT KENNEDY American books reflect our common heritage with many other nations and their influence upon our cult...
ROBERT KENNEDY Within the United States, we have put great emphasis upon political freedoms. Because it has been ou...
ROBERT KENNEDY In the long run, a flexible sentencing procedure which works to rehabilitate offenders offers the be...
ROBERT KENNEDY It is easy to overlook the importance of the young in underdeveloped countries. It is the natural co...
ROBERT KENNEDY The ultimate relationship between justice and law will be an eternal subject for speculation and ana...
ROBERT KENNEDY Freedom possesses many meanings. It speaks not merely in terms of political and religious liberty bu...
ROBERT KENNEDY I thought they'd get one of us, but Jack, after all he's been through, never worried about i...
ROBERT KENNEDY The free way of life proposes ends, but it does not prescribe means.
ROBERT KENNEDY Martin Luther King dedicated his life to love and to justice between fellow human beings. He died in...
ROBERT KENNEDY I do not run for the presidency merely to oppose any man, but to propose new policies. I run because...
ROBERT KENNEDY When our forbears - yours and mine - came to America, they came because this country promised them s...
ROBERT KENNEDY Those who challenge the law in one or another of its aspects weaken the whole legal structure of soc...
ROBERT KENNEDY The fact that free men persist in the search for the truth is the essential difference between Commu...
ROBERT KENNEDY There has been far too much hypocrisy in the field of civil rights. It is easy enough to give rousin...
ROBERT KENNEDY It is the right of government to protect the weak; it is the right of the weak to find in their cour...
ROBERT KENNEDY Now I can go back to being ruthless again.
ROBERT KENNEDY The poor man looks upon the law as an enemy, not as a friend. For him, the law is always taking some...
ROBERT KENNEDY We know that we cannot live together without rules which tell us what is right and what is wrong, wh...
ROBERT KENNEDY I can understand the Chinese Wall: it was built as a defense against marauders. But a wall such as t...
ROBERT KENNEDY From the first moment of independence, the United States has been dedicated to innovation as a way o...
ROBERT KENNEDY Desegregation of schools does not automatically transform them into better schools. It is only a ste...
ROBERT KENNEDY In truth, the world is now a seamless web from which no nation, large or small, young or old, can di...
ROBERT KENNEDY We will find neither national purpose nor personal satisfaction in a mere continuation of economic p...
ROBERT KENNEDY But suppose God is black? What if we go to Heaven and we, all our lives, have treated the Negro as a...
ROBERT KENNEDY The leaders of the world face no greater task than that of avoiding nuclear war. While preserving th...
ROBERT KENNEDY The most significant civil rights problem is voting. Each citizen's right to vote is fundamental...
ROBERT KENNEDY People say I am ruthless. I am not ruthless. And if I find the man who is calling me ruthless, I sha...
ROBERT KENNEDY The world of sports knows no religious, racial or political differences. Athletes, from whatever lan...
ROBERT KENNEDY