Quote by Benjamin Franklin

Remember that credit is money

Remember that credit is money

Summary

This quote implies that credit should not be taken lightly and should be treated as real money. It reminds us to be responsible when using credit and to understand that the funds borrowed will eventually need to be repaid. Just as one would spend money wisely and carefully, the same approach should be taken when using credit. It emphasizes the importance of managing credit responsibly to avoid accumulating debt and the negative financial consequences that can result from unchecked borrowing.

Topics

Money

By Benjamin Franklin

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