Cash And Credit Quotes & Sayings

Generally, there are three rules when it comes to borrowing money: You need to have good credit, proof of income and cash for a down payment. Most people have the first two, but it's the third that trips them up. And nowhere does that come into play more than the mortgage market. — Jean Chatzky

Being able to save, make non-cash payments, send or receive remittances, get credit, or get insurance can be instrumental in raising living standards and helping businesses prosper. It helps people to invest more in education or health care. — Sri Mulyani Indrawati

[On charity] I try to pick subjects that I can learn about and then focus on and then do as much as I can. If you have a tremendous amount of heat from the spotlight, then you're able to shine a little bit more of your light in a different direction. It's just deflecting. My dad calls it a celebrity credit card that you can cash in. I think if you're in this position you should do it. — George Clooney

Writing for the sake of writing, writing that draws its credibility from its very existence, is a foreign idea to most Americans. As a culture, we want cash on the barrel head. We want writing to earn dollars and sense so that it makes sense to us. We have a conviction - which is naive and misplaced - that being published has to do with being "good" while not being published has to do with being "amateur." ...
"Did you write today?"
"Yes."
"Then you're a writer today."
It would be lovely if being a writer were a permanent state that we could attain to. It's not, or if it is, the permanence comes posthumously.
A page at a time, a day at a time, is the way we must live our writing lives. Credibility lies in the act of writing. That is where the dignity is. That is where the final "credit" must come from. — Julia Cameron

With same day loans, you can easily acquire immediate funds, so as to deal with any short term financial crisis. These loans are unsecured in nature and can be applied for even by those with serious credit disputes. — Markus Skupeika

Everyone can get a little sloppy with cash and it's smart to notice. But what's squeezing you is the big stuff you ladle onto your credit cards. — Jane Bryant Quinn

Someone stole my wallet last week. The guy called me up and he was mad at me. He was like 'you gotta get your finances together. You got no cash, your credit cards are maxed out. You don't even have minutes on your calling card. I had to use my card to call you.' — Mike Birbiglia

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card. — Suze Orman

Ah, take the Cash, and let the Credit go, Nor heed the rumble of a distant Drum! — Steven Weinberg

It is only the poor who pay cash, and that not from virtue, but because they are refused credit. — Anatole France

Lucas seemed to have realized our prediciment at the same moment I had. "I haven't got my credit card with me. Kinda left in a hurry. We just spent the only cash I had in my pocket." Too-bright signs from the few open stores made mee squint. "We'd have been better off with a slingshot and Oreos. — Claudia Gray

When Steve Eisman stumbled into this new, rapidly growing industry of specialty finance, the mortgage bond was about to be put to a new use: making loans that did not qualify for government guarantees. The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned. — Michael Lewis

Unlike traditional retailers, Amazon boasted what was called a negative operating cycle. Customers paid with their credit cards when their books shipped but Amazon settled its accounts with the book distributors only every few months. With every sale, Amazon put more cash in the bank, giving it a steady stream of capital to fund its operations and expansion.14 The company could also lay claim to a uniquely high return on invested capital. Unlike brick-and-mortar retailers, whose inventories were spread out across hundreds or thousands of stores around the country, Amazon had one website and, at that time, a single warehouse and inventory. Amazon's ratio of fixed costs to revenue was considerably more favorable than that of its offline competitors. In other words, Bezos and Covey argued, a dollar that was plugged into Amazon's infrastructure could lead to exponentially greater returns than a dollar that went into the infrastructure of any other retailer in the world. — Brad Stone

One of the popular fallacies in connection with commerce is that in modern days a money-saving device has been introduced called credit and that, before this device was known, all purchases were paid for in cash, in other words in coins. A careful investigation shows that the precise reverse is true. In olden days coins played a far smaller part in commerce than they do to-day. Indeed so small was the quantity of coins, that they did not even suffice for the needs of the [Medieval English] Royal household and estates which regularly used tokens of various kinds for the purpose of making small payments. So unimportant indeed was the coinage that sometimes Kings did not hesitate to call it all in for re-minting and re-issue and still commerce went on just the same. — David Graeber

There is a strange idea abroad, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan. The banker is not giving something for nothing. — Henry Hazlitt

If you have loans, the first thing you want to do is say, Okay, look I have a credit card, if I really need to borrow, I have this emergency money that I can get, but for now there is no reason for me to keep cash at zero percent interest rate and at the same time, pay all of this money out. So, I think people need to figure out quickly how to pay loans and how much cash they should really keep. — Dan Ariely

Apollinaire said a poet should be 'of his time.' I say objects of the Digital Age belong in newspapers, not literature. When I read a novel, I don't want credit cards; I want cash in ducats and gold doubloons. — Roman Payne

The fact that he didn't get credit for a while is more the story of social injustice. But his own spirit wasn't driven by that, and wasn't dependent upon that. He just wished he had the cash to go to medical school. — Mary Stuart Masterson

Love's an illusion. It's a dream you wake up from with an enormous hangover and net credit debt. I'd rather have cash. — Janet Fitch

You stick a credit card in a machine, and you pay $3 or whatever it is to get cash - your own money. — Bill Janklow

In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop credit systems. It happened precisely the other way around. What we now call virtual money came first. Coins came much later, and their use spread only unevenly, never completely replacing credit systems. Barter, in turn, appears to be largely a kind of accidental byproduct of the use of coinage or paper money: historically, it has mainly been what people who are used to cash transactions do when for one reason or another they have no access to currency. — David Graeber

When you walk into a store and you want to buy something, you give them cash and they sell it to you. But very often, you walk into our "store" and you want something - a credit card, maybe, or a loan - and very often the answer is "No," even if you're a large corporation. — Jamie Dimon

Stupid to keep cash, there was no reason for it other than his dislike of credit cards and checks and stocks and instruments of transfer, all the tempting chains that tied people to America's overwhelming and ultimately destructive debt-and-spend machine. But the cash might be his salvation. Cash could be replaced. The notebooks, over a hundred and fifty of them, could not. — Stephen King

What the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right. — John Redwood

Abracadabra," Roarke stated, and opened it.
"Now that's more like it." Hunkered down beside him, Eve studied the neat stacks of cash. "This is how he stayed out of a cage so long. No credit, no e-transfers. Cash on the line. And a file box, loaded with discs and vids."
"Best of all." Roarke reached in, took out a PPC. "His personal palm, very likely uninfected and chock-full of interesting data."
"Let's load it up, get it in." She pulled out her memo book.
"What're you doing?"
"Logging the entry. I better not see any of that green stuff or those baubles go into your pockets, Ace."
"Now I'm offended." He straightened, brushed at his shirt. "If I nipped anything, you can bet your ass you wouldn't see me do it. — J.D. Robb

Here's my rule: You always want to pay cash for your own books, because if they look at the name on the credit card and then they look at the name on the book jacket, then there's this look of such profound sympathy for you that you had to resort to this. It really is withering. — Carl Hiaasen

Goldman Sachs itself - and so Goldman was in the position of selling bonds to its customers created by its own traders, so they might bet against them. Secondly, there was a crude, messy, slow, but acceptable substitute for Mike Burry's credit default swaps: the actual cash bonds. According to a former Goldman derivatives trader, Goldman would buy the triple-A tranche of some CDO, pair it off with the credit default swaps AIG sold Goldman that insured the tranche (at a cost well below the yield on the tranche), declare the entire package risk-free, and hold it off its balance sheet. Of course, the whole thing wasn't risk-free: If AIG went bust, the insurance was worthless, and Goldman could lose everything. Today Goldman Sachs is, to put it mildly, unhelpful when asked to explain exactly what it did, and this lack of transparency extends to its own shareholders. If a team of forensic accountants went over Goldman's books, they'd be shocked at just how good Goldman is at hiding things, — Michael Lewis

Too many land users and too many conservationists seem to have accepted the doctrine that the availability of goods is determined by the availability of cash, or credit, and by the market. In other words, they have accepted the idea always implicit in the arguments of the land-exploiting corporations: that there can be, and that there is, a safe disconnection between economy and ecology, between human domesticity and the wild world. Industrializing farmers have too readily assumed that the nature of their land could safely be subordinated to the capability of their technology, and that conservation could safely be left to conservationists. Conservationists have too readily assumed that the integrity of the natural world could be preserved mainly by preserving tracts of wilderness, and that the nature and nurture of the economic landscapes could safely be left to agribusiness, the timber industry, debt-ridden farmers and ranchers, and migrant laborers. To — Wendell Berry

There is a strange idea aboard, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan. — Henry Hazlitt

Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so. — Karl Hess

Banks introduced the installment plan. The disappearance of cash and the coming of the credit card changed the shape of life in the United States. — Jerzy Kosinski

Credit and property and the 8-hour day are great friends of the Establishment. If you must buy things, pay cash, and only buy things of value
no trinkets, no gimmicks. Everything you own must be able to fit inside one suitcase; then your mind might be free. And before you face the troops in the street, DECIDE and KNOW what you are going to replace them with and why. Romantic slogans won't do. Have a definite program, clearly worded, so if DO win you will have a suitable and decent form of government. — Charles Bukowski

If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is. — Robert W. Hemphill

Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently the prices of all commodities will not cease to rise, everybody becomes eager to buy as much as possible and restrict his cash holdings to minimum size ... If the credit expansion is not stopped in time, the boom turns to crack-up boom: the flight into real values begins, and the whole monetary system founders. — Ludwig Von Mises

God sent the Egyptians ten plagues that became increasingly harder, one after the other, starting with blood, and ending with the death of the first born. Similarly, debt sometimes starts with charging just a couple of extra dollars to our credit cards when we want something we can't afford to pay cash for. Before long, it might turn into a second mortgage on our house. Debt can kill our future and take our house with it. — Celso Cukierkorn

If you're in poverty and all you have is a debit card or a prepaid card or you pay in cash, it does not report to a credit bureau. If it doesn't report to a credit bureau, it cannot create a credit score for yourself. — Suze Orman