--- title: "Meaning & Key Takeaway of: Whether you're earning $7 an hour or…" description: "\"Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.\" — Frank Abagnale" image: "https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg" --- # Whether you're earning $7 an hour or $700,000 a year, it's… ![“Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.” quote by Frank Abagnale](https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg) [Download](https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg) [Open image](https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg) > “Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.” [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Credit scores affect financial opportunities regardless of income, so protecting them is essential for everyone. **In simple terms:** Credit matters for all incomes. Key Takeaway Maintain good credit habits. Themes finance responsibility risk management Mood advisory practical Type concerned optimistic When to use this quote - loan applications - renting - employment background checks Key Concepts credit scoring financial planning identity protection Questions to Reflect On - How do you monitor your credit regularly? - What steps can you take to improve a low score? A Different Perspective Credit repair can be costly and time‑consuming. ★ ★ ★ ★ ★ No ratings yet [Credit](https://sms4smile.com/quotes/about/credit/) [Customer](https://sms4smile.com/quotes/about/customer/) ## Related quotes > [Today, credit rating agencies rate companies, countries and bonds.](https://sms4smile.com/quotes/mike-fitzpatrick/today-credit-rating-agencies-rate-companies-countries-and-bonds/) [Mike Fitzpatrick](https://sms4smile.com/quotes/author/mike-fitzpatrick/) > [Talking about Korea, it has pretty high capital ratios at banks and maintains a good credit rating.](https://sms4smile.com/quotes/lee-myung-bak/talking-about-korea-it-has-pretty-high-capital-ratios-at-banks-and/) [Lee Myung-bak](https://sms4smile.com/quotes/author/lee-myung-bak/) > [A person's credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for…](https://sms4smile.com/quotes/ruben-hinojosa/a-person-s-credit-report-is-one-of-the-most-important-tools-consumers/) [Ruben Hinojosa](https://sms4smile.com/quotes/author/ruben-hinojosa/) > [There are two things you will never be without: One is your reputation and the other is your credit rating.](https://sms4smile.com/quotes/larry-winget/there-are-two-things-you-will-never-be-without-one-is-your-reputation/) [Larry Winget](https://sms4smile.com/quotes/author/larry-winget/) > [Regardless of what our national credit rating is, people will always want a roof over their heads, food on their tables, fuel for their…](https://sms4smile.com/quotes/robert-kiyosaki/regardless-of-what-our-national-credit-rating-is-people-will-always/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [We have got this Damocles' sword of Standard and Poor's hanging over us, with the commitment they have made to review Britain's credit rating…](https://sms4smile.com/quotes/philip-hammond/we-have-got-this-damocles-sword-of-standard-and-poor-s-hanging-over/) [Philip Hammond](https://sms4smile.com/quotes/author/philip-hammond/) > [This is the worst time to miss a bill. Pay down any large credit card or other large revolving accounts if you can, because…](https://sms4smile.com/quotes/craig-watts/this-is-the-worst-time-to-miss-a-bill-pay-down-any-large-credit-card/) Craig Watts > [The Federal Reserve has the responsibility to protect the credit rights of consumers.](https://sms4smile.com/quotes/bernie-sanders/the-federal-reserve-has-the-responsibility-to-protect-the-credit/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [“The best way to ensure that you have a good credit rating – no matter what your income - is to spend less than…](https://sms4smile.com/quotes/rob-kosberg/the-best-way-to-ensure-that-you-have-a-good-credit-rating-no-matter/) Rob Kosberg > [“The basic task performed by the credit rating agencies was to strip derivatives of their individuality. Whether it was David Bowie pioneering securities derived…](https://sms4smile.com/quotes/danielle-dimartino-booth/the-basic-task-performed-by-the-credit-rating-agencies-was-to-strip/) [Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/) > [“today a country’s credit rating is far more important to its economic well-being than are its natural resources.”](https://sms4smile.com/quotes/yuval-noah-harari/today-a-country-s-credit-rating-is-far-more-important-to-its-economic/) [Yuval Noah Harari](https://sms4smile.com/quotes/author/yuval-noah-harari/) > [I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history,…](https://sms4smile.com/quotes/josh-mandel/i-m-the-treasurer-of-the-state-of-ohio-where-when-the-united-states/) [Josh Mandel](https://sms4smile.com/quotes/author/josh-mandel/) > [Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your…](https://sms4smile.com/quotes/andrew-ross-sorkin/debt-we-ve-learned-is-the-match-that-lights-the-fire-of-every-crisis/) [Andrew Ross Sorkin](https://sms4smile.com/quotes/author/andrew-ross-sorkin/) > [Michigan is also the only industrial state that has a AAA credit rating.](https://sms4smile.com/quotes/john-engler/michigan-is-also-the-only-industrial-state-that-has-a-aaa-credit/) [John Engler](https://sms4smile.com/quotes/author/john-engler/) > [For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…](https://sms4smile.com/quotes/janet-yellen/for-my-own-part-i-did-not-see-and-did-not-appreciate-what-the-risks/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) ## More by Frank Abagnale > [When I was a child at sixteen, I was just a child. All sixteen year-olds are just children. As much as we like them…](https://sms4smile.com/quotes/frank-abagnale/when-i-was-a-child-at-sixteen-i-was-just-a-child-all-sixteen-year/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [It's amazing to me that we live in such a wonderful country where anyone can have a problem in life and get up, dust…](https://sms4smile.com/quotes/frank-abagnale/it-s-amazing-to-me-that-we-live-in-such-a-wonderful-country-where/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [I live a much better life without having to worry about people chasing me. I spent five years in prison from 21 to 26,…](https://sms4smile.com/quotes/frank-abagnale/i-live-a-much-better-life-without-having-to-worry-about-people/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [Technology breeds crime and we are constantly trying to develop technology to stay one step ahead of the person trying to use it negatively.](https://sms4smile.com/quotes/frank-abagnale/technology-breeds-crime-and-we-are-constantly-trying-to-develop/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [The front of a cheque alone gives someone enough information to steal your identity.](https://sms4smile.com/quotes/frank-abagnale/the-front-of-a-cheque-alone-gives-someone-enough-information-to-steal/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [I look at my life today at 69 and I think about all the things that have happened after all my imprisonment. We truly…](https://sms4smile.com/quotes/frank-abagnale/i-look-at-my-life-today-at-69-and-i-think-about-all-the-things-that/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [Why do the Yankees always win? The other team can't stop looking at the pinstripes.](https://sms4smile.com/quotes/frank-abagnale/why-do-the-yankees-always-win-the-other-team-can-t-stop-looking-at/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [I was always in the right place at the right time, always willing to take advantage of an opportunity.](https://sms4smile.com/quotes/frank-abagnale/i-was-always-in-the-right-place-at-the-right-time-always-willing-to/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [I was an opportunist and got away with things because I was very young, but I went to prison and came out and remade…](https://sms4smile.com/quotes/frank-abagnale/i-was-an-opportunist-and-got-away-with-things-because-i-was-very/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [If my forgeries looked as bad as the CBS documents, it would have been 'Catch Me In Two Days'.](https://sms4smile.com/quotes/frank-abagnale/if-my-forgeries-looked-as-bad-as-the-cbs-documents-it-would-have-been/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [If you believe you have a foolproof system, you've failed to take into consideration the creativity of fools.](https://sms4smile.com/quotes/frank-abagnale/if-you-believe-you-have-a-foolproof-system-you-ve-failed-to-take-into/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [When 'Catch Me If You Can' was published back in 1980, I never dreamed that it would become a bestseller, much less a major…](https://sms4smile.com/quotes/frank-abagnale/when-catch-me-if-you-can-was-published-back-in-1980-i-never-dreamed/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [What I did in my youth is hundreds of times easier today. Technology breeds crime.](https://sms4smile.com/quotes/frank-abagnale/what-i-did-in-my-youth-is-hundreds-of-times-easier-today-technology/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [My proudest moment was probably when my oldest boy finished law school and went on to become an FBI agent. It was just beyond…](https://sms4smile.com/quotes/frank-abagnale/my-proudest-moment-was-probably-when-my-oldest-boy-finished-law/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) > [Dear dad, you always told me that an honest man has nothing to fear, so I'm trying my best not to be afraid.](https://sms4smile.com/quotes/frank-abagnale/dear-dad-you-always-told-me-that-an-honest-man-has-nothing-to-fear-so/) [Frank Abagnale](https://sms4smile.com/quotes/author/frank-abagnale/) [Explore all 37 Frank Abagnale quotes ](https://sms4smile.com/quotes/author/frank-abagnale/) ## More Credit quotes > [I don't really like too much credit. I know nobody's going to believe this, but I'd rather be able to score goals and nobody…](https://sms4smile.com/quotes/bradley-wright-phillips/i-don-t-really-like-too-much-credit-i-know-nobody-s-going-to-believe/) [Bradley Wright-Phillips](https://sms4smile.com/quotes/author/bradley-wright-phillips/) > [Forget the credit, they (male actors) take all the money as well. We don't get paid even one-third of what male actors get. It's…](https://sms4smile.com/quotes/kangana-ranaut/forget-the-credit-they-male-actors-take-all-the-money-as-well-we-don/) [Kangana Ranaut](https://sms4smile.com/quotes/author/kangana-ranaut/) > [I became a bit of a teacher's pet, and it became known in the school by both faculty and students that I really excelled…](https://sms4smile.com/quotes/paul-smith/i-became-a-bit-of-a-teacher-s-pet-and-it-became-known-in-the-school/) [Paul Smith](https://sms4smile.com/quotes/author/paul-smith/) > [The only way to make sure that the Hand didn't get to you would have been to kill your brother. I could've done it,…](https://sms4smile.com/quotes/ilona-andrews/the-only-way-to-make-sure-that-the-hand-didn-t-get-to-you-would-have/) [Ilona Andrews](https://sms4smile.com/quotes/author/ilona-andrews/) > [I am a millionaire today and my wife deserves all of the credit. Before I met her I was a multi-millionaire.](https://sms4smile.com/quotes/chi-chi-rodriguez/i-am-a-millionaire-today-and-my-wife-deserves-all-of-the-credit/) [Chi Chi Rodriguez](https://sms4smile.com/quotes/author/chi-chi-rodriguez/) > [Nothing teaches great writing like the very best books do. Yet, good teachers often help students cross that bridge, and I have to say…](https://sms4smile.com/quotes/julia-glass/nothing-teaches-great-writing-like-the-very-best-books-do-yet-good/) [Julia Glass](https://sms4smile.com/quotes/author/julia-glass/) > [Loyal people don't get enough credit.](https://sms4smile.com/quotes/kevin-mccarty/loyal-people-don-t-get-enough-credit/) [Kevin McCarty](https://sms4smile.com/quotes/author/kevin-mccarty/) > [“An honest man is a debtless man, he doesn't owe anyone anything.”](https://sms4smile.com/quotes/amit-kalantri/an-honest-man-is-a-debtless-man-he-doesn-t-owe-anyone-anything/) [Amit Kalantri](https://sms4smile.com/quotes/author/amit-kalantri/) > [Never threaten, because a threat is a promise to pay that it isn't always convenient to meet, but if you don't make it good…](https://sms4smile.com/quotes/george-horace-lorimer/never-threaten-because-a-threat-is-a-promise-to-pay-that-it-isn-t/) [George Horace Lorimer](https://sms4smile.com/quotes/author/george-horace-lorimer/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward…](https://sms4smile.com/quotes/suze-orman/your-goal-should-be-to-pay-off-your-credit-card-bills-in-full-at-the/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [My illness is one often characterized by dramatic overspending - in my case through frenzied shopping sprees, credit card abuse, excessive hoarding of unnecessary…](https://sms4smile.com/quotes/andy-behrman/my-illness-is-one-often-characterized-by-dramatic-overspending-in-my/) [Andy Behrman](https://sms4smile.com/quotes/author/andy-behrman/) > [I don't want to live off the credit of taking fights. I want to life off the credit of beating the best guys in…](https://sms4smile.com/quotes/dan-hooker/i-don-t-want-to-live-off-the-credit-of-taking-fights-i-want-to-life/) [Dan Hooker](https://sms4smile.com/quotes/author/dan-hooker/) > [The laws keep up their credit, not by being just, but because they are laws; 'tis the mystic foundation of their authority; they have…](https://sms4smile.com/quotes/michel-de-montaigne/the-laws-keep-up-their-credit-not-by-being-just-but-because-they-are/) [Michel de Montaigne](https://sms4smile.com/quotes/author/michel-de-montaigne/) > [I never bothered about keeping track.Every now and then someone records one of my songs, and I get credit for it.](https://sms4smile.com/quotes/mose-allison/i-never-bothered-about-keeping-track-every-now-and-then-someone/) [Mose Allison](https://sms4smile.com/quotes/author/mose-allison/) [Browse all 2,736 Credit quotes ](https://sms4smile.com/quotes/about/credit/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.", "creator": { "@type": "Person", "name": "Frank Abagnale" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/frank-abagnale/whether-you-re-earning-7-an-hour-or-700-000-a-year-it-s-very/", "about": { "@type": "Thing", "name": "Credit" }, "@id": "https://sms4smile.com/quotes/frank-abagnale/whether-you-re-earning-7-an-hour-or-700-000-a-year-it-s-very/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg", "contentUrl": "https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg", "url": "https://sms4smile.com/quotes/i/774/frank-abagnale-17255_credit_whether-you-re-earning-7-an-hour-or-700_1048924.jpg", "width": 1080, "height": 1080, "caption": "“Whether you're earning $7 an hour or $700,000 a year, it's very important to protect your credit rating.” — Frank Abagnale", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Frank Abagnale", "item": "https://sms4smile.com/quotes/author/frank-abagnale/" }, { "@type": "ListItem", "position": 4, "name": "Whether you're earning $7 an hour...", "item": "https://sms4smile.com/quotes/frank-abagnale/whether-you-re-earning-7-an-hour-or-700-000-a-year-it-s-very/" } ], "@id": "https://sms4smile.com/quotes/frank-abagnale/whether-you-re-earning-7-an-hour-or-700-000-a-year-it-s-very/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```