30 Inspirational Debt Quotes To Boost Your Debt Payoff Journey

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The process of getting out of debt can be a long and challenging journey, but it’s important to remember that it’s not impossible.

There are other people who have been in the exact same situation as you are, if not worse, and they made choices that completely turned around their financial situations and got their finances back on track.

Your circumstances are no different!

If you are in debt then you are not alone!

Debt can be difficult, but getting control of it and living a life that is debt free is not impossible.

It is something you will have to work at every day, so we’ve come up with some inspirational quotes that will encourage you towards getting out of debt.

Related: How to Get Out Of Debt: A 10-Step Plan for Becoming Debt Free

30 Debt Quotes That’ll Make You Think

Woman with head in hands looking at bank statement in blog post about inspirational debt quotes

When you start to get overwhelmed, simply remember some of these quotes about debt, and let them motivate you to keep moving forward to a debt free lifestyle.

1. “Many of life’s failures are people who did not realize how close they were to success when they gave up.” – Thomas Edison 

2. “It always seems impossible until it’s done.” – Nelson Mandela  

3. “The most important decisions about your goals are not what you are willing to do to achieve them, but what you are willing to give up.” – Dave Ramsey 

4. “The man who never has enough money to pay his debts has too much of something else.” – James Lendall Basford 

5. “A goal without a plan is just a dream.” – Dave Ramsey (our best Dave Ramsey tips here)

6. “Debts are like children: the smaller they are the more noise they make.” – Spanish Proverb 

7. “Rather go to bed supper less, than rise in debt.” – Benjamin Franklin 

8. “You cannot spend your way out of recession or borrow your way out of debt.” – Daniel Hannan 

9. “Debt is like any other trap, easy enough to get into, but hard enough to get out of.” – Henry Wheeler Shaw 

10. “It’s not your salary that makes you rich, it’s your spending habits.” – Charles A. Jaffe 

11. “A debt problem is, at its core, a budgeting problem.” – Natalie Pace 

12. “There are no shortcuts when it comes to getting out of debt.” – Dave Ramsey 

13. “Never spend your money before you have it.” – Thomas Jefferson 

14. “If you think nobody cares if you’re alive, try missing a couple of car payments. – Earl Wilson 

15. “A year from now you may wish you had started today.” – Karen Lamb 

16. “I am determined to be cheerful and happy in whatever situation I may find myself. For I have learned that the greater part of out misery or unhappiness is determined not by our circumstance but by our disposition.” – Martha Washington 

17. “His brow is wet with honest sweat, he earns whatever he can. And looks the whole world in the face, for he owes not any man.” – Henry Wadsworth Longfellow 

18. “What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?” – Adam Smith 

19. “Budgeting has only one rule: do not go over budget.” – Leslie Tayne 

20. “Make sure that you haven’t lost the things that money can’t buy.” – George Lorimer 

21. “Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are.” – James W. Frick  

22. “If there is no struggle, there is no progress.” – Frederick Douglas 

23. “To succeed, you need to find something to hold on to, something to motivate you, and something to inspire you.” – Tony Dorsett 

24. “The secret of getting ahead is getting started.” – Mark Twain 

25. “The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.” – Suze Orman 

26. “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” – Ayn Rand 

27. “When you know the impact of little expenses, you will realize that there is nothing little in this world.” – Manoj Arora 

28. “It doesn’t matter how slowly you go, as long as you do not stop.” – Confucius 

29. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe 

30. “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” – Will Smith

These inspirational debt quotes will help get the motivation flowing and get you back on track. 

Do you know any inspirational quotes about debt you’d like to share?


About Emma Healey

Emma is a recognised family finance and budgeting expert and founder of Mum's Money. Her advice has been featured in Readers Digest, Yahoo Finance, Lifehacker, The Simple Dollar, MSN Money and more.