Accumulation Quote by George Washington
“[Avoid] likewise the accumulation of debt.”
About This Quote
Source Speech: Farewell Address, 1796
Advice to avoid excessive borrowing and its dangers.
In simple terms: Don't pile up debt.
Practice fiscal restraint.
Themes
Mood
Type
When to use this quote
- personal budgeting
- government finance
- business loans
- credit card use
Key Concepts
Questions to Reflect On
- How does debt affect your freedom?
- What steps can you take to reduce existing debt?
Debt can limit future opportunities and cause stress.