Borrowing Quote by Benjamin Franklin
“He that goes a borrowing goes a sorrowing.”
About This Quote
Source Speech: Poor Richard's Almanack, 1735
Borrowing creates dependence and leads to ongoing trouble and financial strain.
In simple terms: Borrowing brings sorrow.
Key Takeaway
Avoid debt.
Themes
financial responsibility
dependence
stress
Mood
cautious
reflective
Type
advice
warning
When to use this quote
- personal budgeting
- loan management
- family finances
- business investments
Key Concepts
Economics
personal finance
Questions to Reflect On
- Do you truly need this loan?
- How can you reduce reliance on borrowing?
A Different Perspective
Debt can sometimes be strategic for growth.
![“When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was forced to check the extension of bureaucracy and to put a stop to public works, then and then only did the Italians realize what it…” quote by John T. Flynn](https://sms4smile.com/quotes/img-quotes/908/john-t-flynn-18493_abundance_when-the-fountains-of-government-borrowi_2663.jpg)
