Able Quote by Jean Chatzky
“If you have even a smidgen of doubt that you'll be able to stay away from racking up additional debt, don't do it.”
About This Quote
Source Book: Money Talk, 2015
If you doubt your ability to avoid debt, you should not take the risk.
In simple terms: Doubt signals to avoid debt.
Key Takeaway
Heed financial instincts.
Themes
finance
risk management
self‑control
Mood
cautious
practical
Type
financial
advisory
When to use this quote
- budgeting
- personal finance
- decision making
Key Concepts
debt avoidance
financial health
Questions to Reflect On
- What triggers your debt anxiety?
- How can you build confidence?
A Different Perspective
Fear may prevent beneficial opportunities.
![“You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.” quote by Jean Chatzky](https://sms4smile.com/quotes/img-quotes/e84/jean-chatzky-15313_cards_you-also-need-to-understand-that-when-yo_1363945.jpg)
