Will Rogers Quotes

The world does not need another credit card.

Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after.

Television's escapist programming naturally continues to endorse living beyond one's means as the time-tested American Way and rarely depicts families or individuals wracked by the pressures and miseries that come with excess.

The '90s and early 2000s were the 'I' decade. iPhone, the iPod - everything was about me. Look where that got us? In a terrible recession.

We are an indebted family going out for an expensive meal to celebrate getting approved foe a new credit card. It might feel good (at the time), but we're still simply delaying the inevitable.

This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize.

There is an attitude that we should be able to have everything. No, you shouldn't be able to have anything. I'd like a helicopter, but I can't afford a helicopter, so I don't buy one. People are buying stuff they can't afford on credit. I bought my Ford hybrid with cash.

Overspending is as certain a part of the holiday season as overeating. But pushing away from both the table and the cash register at least a little bit sooner can make the post-holiday hangover hurt a little bit less.

I'd say the main way people get into terrible financial trouble is just to spend too much money relative to their income, and that is an endemic problem in the United States of America, and that's the kind of thing that should be taught about in schools.

Commercial distress in any great business center will the more surely create widespread disaster.

You can examine the whole 19th century from the point of view of who would have maxed out their credit cards. Emma Bovary would have maxed hers out. No question. Mr. Scrooge would not have. He would have snipped his up.

My own feeling on the consumer is that he - he or she looks at what it costs them to pay their bills every month as opposed to how much debt they have.

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't afford. That's a reality.

U.S. industries from steel-making to plastics synthesis are among the world's most energy-efficient; American agriculture is highly productive, as are America's railroads. But for decades, Americans themselves have been living beyond their means, wasting energy in their houses and cars and amassing energy-intensive throwaway products on credit.

Will I be sensible and pay off the mortgage? Not a chance.

Unfortunately we were living beyond our means. I didn't do the bills, I didn't have any idea what our financial situation was. We had the cars, the boat, the motorcycles and the houses. I didn't even know. And then when we got a divorce there wasn't a lot of money to split up and what there was, was spent on the divorce. It was really difficult.

We live in a culture built on debt, so we are encouraged to have no self control.

I hope we will never again see such a depression. But I am troubled by the huge consumer installment debt which hangs over the people of the nation, including our own people.

The economic times we are facing... are arguably the worst they've been in 60 years. And I think it's going to be more profound and long-lasting than people thought.

There are a lot of examples where people aren't getting the right information. We could do a lot more with credit card bills so people properly understand that if you pay off the minimum it could take you 41 years to pay off is that right.

Debt means you had more fun than you were supposed to.

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime.

During the next four years...unless drastic steps are taken by Congress, the U.S. will have nearly 8,000,000 unemployed and will stand on the brink of a deep depression.

A man with a credit card is in hock to his own image of himself.