credit (financial)

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credit

is like a looking glass.... once cracked [it] can never be repaired again.

Credit is like a looking glass.... once cracked [it] can never be repaired again

is like chastity, they can both stand temptation better than suspicion.

Credit is like chastity, they can both stand temptation better than suspicion

is a good thing. Anyone who lives within their means suffers from a lack of imagination.

Anyone who lives within their means suffers from a lack of imagination.

 goes to the man who convinces the world, not to the man to whom the idea first occurs.

But in science the credit goes to the man who convinces the world, not to the man to whom the idea first occurs.

 lets you start at the bottom and then dig yourself into a hole.

Credit lets you start at the bottom and then dig yourself into a hole.

I couldn't afford to go on a trip this year, and my wife was upset. She said, 'Why not charge things'' I said, 'I'm not taking a trip on borrowed money.' My wife said, 'It was good enough for Columbus.'

is responsible for the fact that, while there's a lot of money in America, everybody owes it to everybody else.

There's a lot of money in America. The trouble is that everybody owes it to everybody else.

is the value of work to be done whereas money is the value of work already done.

Money is just a conduit. It is the value of work already done. Borrowing or credit is the opposite, the value of work to be done. (Kessler 2004 : 75)

credit (financial), n.Memes

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