Ogden Nash: Debt Payment

Posted by admin on Thursday, October 4, 2012

Ogden Nash Money Quote saying while spending money you don’t have may seem exciting – paying off what you’ve incurred in debt can be a nightmare. Ogden Nash said:
 
we can thoroughly enjoy getting into debt with fun purchases or activities, but nobody enjoys the long term payment of debt Quote
 

Some debts are fun when you are acquiring them, but none are fun when you set about retiring them

— Ogden Nash

 

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This quote by poet Ogden Nash suggests that while spending money can be enjoyable in the moment you’re accruing various financial obligations (“debts”), the process of paying them off is rarely as fun or pleasurable.

The best interpretation is that it’s easy to get caught up in the excitement of new purchases and experiences, without fully considering the long-term responsibility that comes with any debt.

True financial well-being requires discipline and forethought and understanding that enjoyment is fleeting while repayment is inevitable.

This serves as a reminder of the importance of balancing short-term gratification with prudent planning for future needs and obligations.

Birthday: August 19, 1902 – Death: May 19, 1971

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