Benjamin Franklin: Without Debt
on Friday, June 26, 2020Benjamin Franklin Money Quote saying it’s better to go without than to go into debt for any reason. Benjamin Franklin said:
“Rather go to bed with out dinner than to rise in debt” — Benjamin Franklin
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In this quote, Benjamin Franklin is giving advice about prioritizing financial responsibility over temporary gratification. He is saying that it is better to go to sleep hungry than to take on debt by spending beyond one’s means. Franklin felt that accumulating debt should be avoided, even if it means discomfort in the short term, as debt can lead to greater long term problems.
His message suggests making sacrifices and living frugally, if needed, in order to stay out of debt. The overall interpretation is that Franklin viewed avoiding debt as more important than fleeting pleasures or luxuries, and saw going without as preferable to “rising in debt” and taking on financial obligations one may struggle to repay.
Birthday: January 17, 1706 – Death: April 17, 1790