Quote by Benjamin Franklin

Remember that credit is money.


Remember that credit is money.

Summary

This quote emphasizes the importance of recognizing that credit is essentially equivalent to money. It serves as a reminder to be mindful of how credit is utilized as it comes with the same responsibility and consequences as actual cash. Understanding the value and implications of credit can help individuals manage their finances wisely, avoiding excessive debt and making informed decisions when it comes to borrowing or lending money. Overall, it reinforces the idea that credit should be treated with caution and responsibility, just like physical currency.

Topics

Credit
By Benjamin Franklin
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