Thomas Carlyle: Paying Debt, Income, Thrift

Posted by admin on Thursday, June 14, 2018

Thomas Carlyle Money Quote saying either increase income or reduce outgo to meet debt payments. Thomas Carlyle said:
 
Paying debt: increase income, increase thrift Quote
 

“There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out” — Thomas Carlyle

 

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This quote from Thomas Carlyle suggests that there are two main approaches to paying off debt: first, by increasing one’s income through greater industry and productivity in work; and second, by increasing thriftiness and efficiency in spending, such as through reducing unnecessary expenses and waste.

Carlyle appears to be advocating for diligent efforts to both boost earnings and cut costs as the proper strategies for getting out of debt over time through fiscal responsibility and hard work. The quote provides a practical perspective on debt management by outlining two key methods of debt repayment through enhanced economic participation and financial prudence.

Thomas Carlyle was a Scottish philosopher, satirist, essayist, historian and teacher. He was born in 1795 and lived until 1881. Some of his most notable works included The French Revolution, On Heroes, Hero-Worship, and The Heroic in History and Past and Present.

He was influential in the Victorian era and known for his polemical style and emphasis on heroes and hero worship. He advocated for social change and criticized many aspects of industrialization and modernity.

Overall, Carlyle was an important Scottish intellectual and writer during the 19th century who made contributions to history, social philosophy and political thought.

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