Prosper Money Lending Thoughts

(Original Entry from HOD-Wordpress - 2007-06-13 9:57:53 am)

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Old Saying: A penny saved is a penny earned.
Corollary: A penny earned is another penny from which to squeeze out interest payments.
–Corollary by ByteLoans

From Rex Barker, with Lessons From Dad from our members…

My father taught me a very simple rule about personal finance that has served me well for 55 years: You take care of the pennies, and the dollars will take care of themselves!
–Side Pocket Bob

From The Forbes Book of Business Quotations:
Increased borrowing must be matched by increased ability to repay.
Otherwise we aren’t expanding the economy, we’re merely puffing it up.
–Henry C. Alexander

There are more things in life to worry about than just money — how to get hold of it, for example.

More people should learn to tell their dollars where to go instead of asking them where they went.
–Roger W. Babson

Equity money is dynamic and debt money is static.
–Edmund Burke

Get to know two things about a man — How he earns his money and how he spends it — and you have a clue to his character, for you have a searchlight that shows up the inmost recesses of his soul. You know all you need to know about his standards, his motives, his driving desires, his real religion.
–Robert J. McCracken

The surest way to establish your credit is to work yourself into the position of not needing any.
–Maurice Switzer

Money doesn’t care who makes it.
–Old Retail Saying

The way to stop financial joyriding is to arrest the chauffeur, not the automobile.
–Woodrow Wilson

Enjoy making lots of money out there, and I hope everyone else is prospering as well.