Margaret Atwood: No Debt Heaven

Meaning of Margaret Atwood Money Quote: saying in Heaven, there is no debt and accounts are paid up – but hell is a place where all owe endlessly. Margaret Atwood said:

 


 

“In Heaven, there are no debts – all have been paid, one way or another – but in Hell there’s nothing but debts, and a great deal of payment is exacted, though you can’t ever get all paid up. You have to pay, and pay, and keep on paying. So Hell is like an infernal maxed-out credit card that multiplies the charges endlessly” — Margaret Atwood

Margaret Atwood appears to be drawing a comparison between the concepts of debt in life and the afterlife. She suggests that in Heaven, all debts are settled and obligations resolved, while in Hell one is endlessly mired in debt obligations that continually accumulate without the means or hope of ever being fully repaid.

Atwood likens this perpetual cycle of mounting debt in Hell to an infernal credit card that is maxed out, continuously multiplying the amount owed. Her view seems to be that debt represents a kind of bondage or torment, and she uses this metaphor to convey her idea that being trapped in endless, inescapable debt would constitute a type of ongoing punishment akin to the suffering of Hell.

Matshona Dhliwayo: Rich Peace

Meaning of Matshona Dhliwayo Money Quote: saying what makes you wealthy is peace and contentment, not so much debt. Matshona Dhliwayo said:

 

 

“If you have debts, you are poor; if you have assets, you are fortunate; if you have money, you are privileged; if you have peace, you are rich; and if you have contentment, you are wealthy” — Matshona Dhliwayo

This quote from Matshona Dhliwayo suggests that true wealth and prosperity are not defined solely by financial metrics like debt levels, asset holdings or monetary sums. Some key points in interpreting the perspective:

• Dhliwayo implies being debt-free is preferable to being indebted, but assets do not guarantee fortune, and money alone does not equate to privilege.
• She portrays having peace of mind and contentment as the hallmarks of being truly “rich” and “wealthy” rather than any monetary measure.
• Dhliwayo’s perspective conveys that well-being stems from inner qualities like tranquility and life satisfaction rather than external factors alone.
• A balanced interpretation acknowledges both Dhliwayo’s viewpoint promoting non-financial definitions of wealth, and the reality that reasonable people can disagree on what constitutes fulfillment since it depends on individual priorities and philosophies.

Overall, the quote reflects Dhliwayo’s belief that contentment, not balancesheets alone, define prosperity. But the best analysis considers this perspective as one of many valid stances, and recognizes that for many, prudent personal finance optimizes well-being by providing security to freely pursue life’s deeper meanings according to one’s own values and changing needs over time.

Matthew – Forgive Debts, Debtors

Meaning of Matthew 6:12 Money Quote: in well known Bible verse prays for debts as well as debtors to be forgiven. Matthew 6:12 said:

 

 

“And forgive us our debts, as we also forgive our debtors” — Matthew 6:12

In this verse from the Lord’s Prayer in the Bible, Jesus is teaching his followers about the importance of forgiveness. By saying “forgive us our debts, as we also forgive our debtors”, Jesus is conveying that people should ask God for forgiveness of their own sins or wrongdoings in the same spirit that they forgive others who have sinned against them.

The verse suggests a reciprocal relationship between the forgiveness we seek from God and the forgiveness we extend to others. It communicates that those who wish to be forgiven themselves should in turn genuinely forgive those who have debts or offenses against them. So the verse is emphasizing the virtue of forgiveness both in our relationship with God as well as our relationships with other people.

George Washington: Contract Debt

George Washington Money Quote saying gaining additional debt is not the best method of payment for existing. George Washington said:
 

 

“To contract new debts is not the way to pay old ones” — George Washington

In this quote, George Washington is expressing his view that taking on new debts is not a viable strategy for paying off existing debts. His interpretation is that piling on additional borrowing is not a real solution and will only make the overall debt situation worse over time rather than resolving the original obligations.

Washington seems to be suggesting that truly addressing debt requires finding ways to pay it off through budget surpluses, cost cuts or revenue increases, not further expanding liabilities.

The overall message is that Washington believed continuously refinancing debt or borrowing more to pay interest is unsustainable, and that debts can only be properly dealt with through genuine repayment rather than new borrowing that compounds existing liabilities.

Birthday: February 22, 1732 – Death: December 14, 1799

William Shakespeare: Pay All Debt

William Shakespeare Money Quote saying that when you die, consider all debt paid off. William Shakespeare said:
 

 

“He that dies pays all debts” — William Shakespeare

In this quote, William Shakespeare is referring to death as a way for a person to escape their financial debts or obligations.

The interpretation is that by dying, one avoids having to repay any money they owe or settle outstanding accounts. Shakespeare seems to be suggesting that death provides a way to ultimately clear oneself of all monetary liabilities.

The underlying message is that mortality means one’s debts die with them, as they will no longer be around to pay what is due after passing away.

Birthday: c. 23 April 1564 – Death: April 23, 1616

Samuel Johnson: Debts as Danger

Samuel Johnson Money Quote saying small debts accumulate to make a larger debt and can cause more damage. Samuel Johnson said:
 

 

“Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but little danger” — Samuel Johnson

In this quote, Samuel Johnson is drawing a comparison between different types and amounts of debt. He suggests that many small debts, like small gunshot, constantly create minor financial pressures and obligations that are difficult to avoid being impacted by altogether.

However, Johnson implies that a single massive debt, like a loud cannon, creates much commotion and stress in the moment but may present less long-term risk if one is able to eventually pay it off.

Overall, the quote conveys Johnson’s perspective that numerous minor debts can be more chronically financially damaging than facing a single large debt, which offers the possibility of full repayment or resolution in time.

Birthday: September 18, 1709 – Death: December 13, 1784

Benjamin Franklin: Lying Rides Debt

Benjamin Franklin Money Quote saying debt carries lying on it’s back. Benjamin Franklin said:
 

 

“Lying rides upon debt’s back” — Benjamin Franklin

In this quote, Benjamin Franklin is suggesting that lying and debt are closely connected. He may have meant that lying can lead to debt, as making false claims or promises could cause one to take on financial obligations they cannot truly afford. Alternatively, he could have meant that those in debt may be more tempted to lie in order to avoid or delay paying what they owe.

In either case, Franklin appears to be warning that lying and deceiving others can contribute to debt problems, or that those struggling with debt may be inclined to lie or deceive in order to manage their financial difficulties. The overall message seems to be that lying and debt are intertwined and can reinforce each other in negative ways according to Franklin’s view.

Birthday: January 17, 1706 – Death: April 17, 1790

Ray Dalio: Printing Money

Ray Dalio Money Quote saying monopoly money and monopoly bankers who redistribute money to monopoly players. Ray Dalio said:
 

 

“Printing money is the most expedient, least well-understood, and most common big way of restructuring debts. It’s like playing Monopoly in a way where the banker can make more money and redistribute it to everyone when too many of the players are going broke and getting angry” — Ray Dalio

In this quote, Ray Dalio seems to be drawing an analogy between government monetary policy and the board game Monopoly. A few key points:

• He notes that printing or creating more money is a common yet poorly understood method governments use to restructure large debt loads.
• Dalio likens this to the Monopoly banker’s ability to simply generate more paper money to redistribute when many players start going bankrupt.
• The implication is that increasing the money supply, like the banker providing bailouts in Monopoly, acts as a way to temporarily resolve debt crises and prevent anger from widespread defaults.
• However, Dalio appears to be suggesting this approach amounts to an expedient workaround rather than a real solution, and risks inflation down the line like in the game.

Overall, the quote conveys Dalio’s view that monetary stimulus and bailouts function similarly to a short-term patch in Monopoly, even if their long-term economic effects are misunderstood. The analogy paints money printing as an incomplete fix for debt problems.