Debt Quote by Benjamin Franklin
“The second vice is lying, the first is running in debt.”
About This Quote
Source Letter: Advice to a Young Man, 1750
The first sin is debt; the second is lying.
In simple terms: Debt and dishonesty are vices.
Avoid debt and deceit.
Themes
Mood
Type
When to use this quote
- budgeting
- credit management
- personal integrity
Key Concepts
Questions to Reflect On
- When is borrowing justified?
- How does honesty impact long‑term success?
Debt may be necessary for investment; context matters.