Nassim Nicholas Taleb Quotes

I don't like being in debt, and I wouldn't borrow money for anything.

I'm more of a debit card person, and I live in the 'now'. I don't like credit cards anymore. I try to live with whatever I can afford and don't try to put myself in an awkward position. I've done that before.

I've always had an aversion to debt.

One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy.

I fear debt. I don't like being indebted to banks. I have a rule in life that I will get it when I can afford it.

I have only ever borrowed money for investment. I have been sound money all my life.

It takes some discipline and hard work, but relying on credit when things go wrong is a trap.

I always encourage our people and young business people that I meet to have a respect for cash, keeping some in their pockets and purses at all times. To me, that's essential.

I have a nest egg, and I don't buy above my means.

Pull in your belt, spend less, and reduce debt.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad. If you have time, don't wait for time.

If you're trying to get out of debt, you have to be willing to treat everything as expendable.

Every year of my working life, I have been fortunate enough to earn more money than I have spent.

There can be no freedom or beauty about a home life that depends on borrowing and debt.

I often say that paying off your debt is like dieting. There are no miracle cures; it takes discipline and hard work.

I don't like having debts. I don't like buying anything that I can't buy in cash.

I am not frugal - I'm quite a big spender - but not on credit.

I don't believe in credit or loans.

I was never stupid with my money, because I grew up without it. So when I started to make some, I was like, 'Okay, first rule of thumb, I'm not buying it unless I've got the money to buy it,' so I have no debt.

Live within your means, never be in debt, and by husbanding your money you can always lay it out well. But when you get in debt you become a slave. Therefore I say to you never involve yourself in debt, and become no man's surety.

I never had credit card debt... I was very much about trying to gain my freedom, so it was about saving.

Debt is dumb. Cash is king.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.