For many people, living debt free is a dream. However, with a little bit of planning and some hard work, it is possible to achieve this goal.

The first step is to create a budget and stick to it. Make a list of all your expenses and find ways to reduce them.

You may need to make some sacrifices, but it will be worth it in the end.

You should also start building up your savings. This will give you a cushion in case of an emergency.

It will also help you pay off any debts you may have more quickly. Finally, be mindful of the amount of credit you are using.

Try not to charge more than you can afford to pay off each month.

If you follow these tips, you can achieve debt free living and enjoy the peace of mind that comes with it.

I have curated some of the best ‘Debt Free’ quotes, sayings and captions for you to read and share with others.

Best Debt Free Quotes

Bad debt is sacrificing your future day needs for your present day desires. ~ Suze Orman.

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it. ~ Victor Hugo.

Modern slaves are not in chains, they are in debt. ~ Unknown.


Debt is a prolific mother of folly and of crime. ~ Benjamin Disraeli.

There are but two ways of paying debt: Increase of industry in raising income, increase of thrift in laying out. ~ Thomas Carlyle.

Investing is important, but get debt-free first. That’s what frees up your income so you can win. ~ Dave Ramsey.

Rich people plan for three generations. Poor people plan for Saturday night. ~ Gloria Steinem.

There are no shortcuts when it comes to getting out of debt. ~ Dave Ramsey.

Speak not of my debts unless you mean to pay them. ~ George Herbert.

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

Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity. ~ Samuel Johnson.


Better to go to bed hungry than to wake up in debt. ~ Proverb.

Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can’t afford the time to think. ~ Noam Chomsky.

Wise Debt Free Quotes

To grasp why people bury themselves in debt, you don’t need to study interest rate: you need to study the history of greed, insecurity, and optimism. ~ Morgan Housel.

Debt on anything that depreciates is disastrous. ~ Orrin Woodward.

Some debts are fun when you are acquiring them, but none are fun when you set about retiring them. ~ Ogden Nash.

If you have debt, I’m willing to bet that general clutter is a problem for you too. ~ Suze Orman.

Every time you borrow money, you’re robbing your future self. ~ Nathan Morris.


A debt problem is, at its core, a budgeting problem. ~ Natalie Pace.

You can’t be in debt and win. It doesn’t work. ~ Dave Ramsey.

Debt is great source of inner unhappiness. ~ Debasish Mridha.

Oh, for the good old days when people would stop Christmas shopping when they ran out of money. ~ Unknown.

Interest works night and day; in fair weather and in foul. It gnaws at a man’s substance with invisible teeth. ~ Henry Ward Beecher.

Debt is the slavery of the free. ~ Publilius Syrus.

Creditors have better memories than debtors. ~ Benjamin Franklin.

Popular Debt Free Quotes

No man’s credit is as good as his money. ~ E.W. Howe.

A debt problem is, at its core, a budgeting problem. ~ Natalie Pace

Some people use one half their ingenuity to get into debt, and the other half to avoid paying it. ~ George D Prentice.

Wars in old times were made to get slaves. The modern implement of imposing slavery is debt. ~ Ezra Pound.


It is the debtor that is ruined by hard times. ~ Rutherford B. Hayes.

If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free. ~ S Truett Cathy.

Pay off your debt first. Freedom from debt is worth more than any amount you can earn. ~ Mark Cuban.

Interest on debts grow without rain. ~ Yiddish Proverb.

Borrower is slave to the lender. ~ Proverbs 22:7.

I have two amazing things in my life: I’m pain free and I’m debt-free. ~ Stephen King.

The second vice is lying. The first is running in debt. ~ Benjamin Franklin.

An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt. ~ Robert Kiyosaki.


Balancing your money is the key to having enough. ~ Elizabeth Warren.

A healthy and debt free living person is the richest and the happiest. ~ Sushmitha Maddula.

Debt leverages the future and obligates us to submit to its demands from our position of financial weakness. ~ Sabbath School Lesson.

Famous Debt Free Quotes

If you have a lot of money, you can buy a lot of things. If you have a lot of things, you might need to borrow some more money to buy more things. This is called debt. When you have debt, you have to pay back the people who loaned you the money with interest. This can be really hard if you don't have a lot of money. It's much easier to be debt free!

Before borrowing money from a friend, decide which you need most. ~ American Proverb.

His brow is wet with honest sweat; he earns whate’er he can, And looks the whole world in the face, For he owes not any man. ~ Henry Wadsworth Longfellow.

A mortgage casts a shadow on the sunniest field. ~ Robert Green Ingersoll.

Annual income, twenty pounds; annual expenditure, nineteen pounds; result, happiness. Annual income, twenty pounds; annual expenditure, twenty-one pounds; result, misery. ~ Charles Dickens.


Out of debt, out of danger. ~ Jerry Voorhis.

You don’t have to be a miser, just be wiser with your money. ~ Dorethia Conner Kelly.

Words pay no debts. ~ William Shakespeare.

In a world awash in debt, power shifts to creditors. ~ Fareed Zakaria.

Where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. ~ Dave Ramsey.

One of the greatest disservices you can do a man is to lend him money that he can’t pay back. ~ Jesse Jones.

The decision to go into debt alters the course condition of your life. You no longer own it. You are owned. ~ Dave Ramsey.

Top Debt Free Quotes

The man who never has money enough to pay his debts, has too much of something else. ~ James Lendall Basford.

Nowadays people can be divided into three classes – the haves, the have-nots and the have-not-paid-for-what-they-haves. ~ Earl Wilson.


Debt is the worst poverty. ~ Thomas Fuller.

Credit buying is much like being drunk. The buzz happens immediately and gives you a lift. The hangover comes the day after. ~ Joyce Brothers.

Have you ever thought about the fact that when you are in debt, you are a slave to the person you owe the debt to? ~ Lauren Greutman.

I say to you never involve yourself in debt, and become no man’s surety. ~ Andrew Jackson.

Debt is like any other trap, easy enough to get into, but hard enough to get out of. ~ Josh Billings.

Powerful Debt Free Quotes

The day I’m able to be debt-free is the day I’m going to be the happiest guy around. ~ Steve Garvey.

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


Debt basically enables people to live a lie. ~ Rachel Cruze.

Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt. ~ Henrik Ibsen.

Debt is one person’s liability, but another person’s asset. ~ Paul Krugman.

Many delight more in giving of presents than in paying their debts. ~ Sir Philip Sidney.

Debt-free means when you don't owe anyone any money. You can be debt-free by either having no debt or by paying off all of your debt. If you have a lot of debt, it can be really hard to pay it off. This is because you have to pay back both the money you borrowed and the interest that was added on top of that.

So these were the 70 top quotes about Debt Free.

If you like these quotes and sayings, then you can also read my other popular blog posts on the topics of Investment quotes and Real Estate Investing quotes.

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