Paying off debt quotes:

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  • Being unemployed is even more disastrous for individuals than you'd expect. Aside from the obvious harm - poverty, difficulty paying off debts - it seems to directly affect people's health, particularly that of older workers. -- James Surowiecki
  • I use a "Debt Dash" approach to paying off debt. I recommend people focus on paying off the debt with the lowest balance first. So if the primary has less debt you would focus on that. -- Michelle Singletary
  • Too many young people graduate laden with debts that take years, if not decades, to pay off. -- Robert Reich
  • You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy. -- Dave Ramsey
  • The real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time. -- Paul Krugman
  • If you put a purchase on a charge card, you're paying it off forever. You have to know how to pay it off before you go deeply in debt. -- Gregory Meeks
  • When I get to Washington, the people of Florida are going to know I'm not going to spend my first year having fundraisers to pay off a campaign debt. -- Jeff Greene
  • Too often, we make budget cuts - then blow the savings. Instead, think about your financial picture. Do you have high-interest rate debt? Paying it off faster will save you a bundle. -- Jean Chatzky
  • Government spending is being restrained, the economy is making progress and moving forward, and the pro-growth, tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt. -- Bill Shuster
  • To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it. -- David Malpass
  • You'll get the biggest bang for each buck by paying off the highest interest rate debt in your portfolio first, while making minimum payments on the remainder. It's called the avalanche method, and it gets you out of debt cheapest and fastest. -- Jean Chatzky
  • For too many years, politicians in Washington have been eager to pledge more hard-earned taxpayer dollars to help deal with the student debt load. But this doesn't sit right with the many Americans who take pride in making fiscally responsible choices and paying off their loans on time. -- John Kline
  • Further Education should be about the ability to learn, not the ability to pay - everyone who is able should have the opportunity, regardless of their family background. I don't want to see students struggling with huge debts or frightened off even going to university in the first place. -- Charles Kennedy
  • The invention of the micro-loan was a big surprise to me. Who would have guessed loans of less than $20 made to poor people in undeveloped countries could create thriving local economies? And, even more surprisingly, that they more reliably pay off their debts than the wealthy of the world. -- Joel A. Barker
  • I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has been reported to a collection agency, paying it off won't help your FICO score. The damage has already been done, and the blemish will remain on your credit report for seven years. -- Suze Orman
  • I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue. -- David Cameron
  • Environmental concern is a little like dieting or paying off credit-card debt - an episodically terrific idea that burns brightly and then seems to fade when we realize there's a reason we need to diet or pay down our debt. The reason is that it's really, really hard, and too many of us in too many spheres of life choose the easy over the hard. -- Jon Meacham
  • And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem. -- Ben Quayle
  • Our country is losing so much in terms of energy, in terms of paying off our debt. -- Donald Trump
  • If you've got $25,000, $50,000, $100,000, you're better off paying off any debt you have because that's a guaranteed return. -- Mark Cuban
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