Debt Quote by J. Reuben Clark
“Let us avoid debt as we would avoid a plague; where we are now in debt, let us get out of debt; if not today...tomorrow.”
About This Quote
Source Speech: LDS General Conference, 1935
Debt should be avoided like disease; act promptly to eliminate it.
In simple terms: Treat debt like a plague, eradicate it quickly.
Eliminate debt without delay.
Themes
Mood
Type
When to use this quote
- personal finance
- business budgeting
- policy making
Key Concepts
Questions to Reflect On
- What steps can you take now to reduce debt?
- How do you balance urgency with feasibility?
Immediate action may be unrealistic for some.