As a self confessed quotes junkie, few things in life can change my thought process or motivate me to change my opinion more than a hard to forget quote.

Not only are they fairly easy to remember and somewhat sexy to interject into everyday conversation, but in a small number of incidents, they can act as kindling to light a fire under someone as motivation to make a change in their life.

Granted, you have to be something of a philosophizer and have an open mind, but it is the mark of an educated mind to be able to entertain a thought without accepting it.

Douglas R. Andrew from Missed Fortune

There are three kinds of people in the world: those who pay interest, those who earn interest, and those who pay interest in order to earn greater interest.

Which one of the three might you you be? Perhaps a better question to ask is: which one would you rather be?

Scott Langmack at PeerLendingWealth.com

Friends don’t let friends leave their money in the banks with 2% CD.

Said in reference to the disintermediation business model that Peer to Peer Lending/Investing is having on traditional bank financing. No longer do everyday citizens have to earn 1% to 3% on bank owned CDs and savings accounts while banks lend out out money earning 5% on mortgages and up to 30% on credit card interest payments.

Henry David Thoreau

The price of anything is the amount of life you exchange for it.

As you can see with this very simple graphic, the stuff you own really does own you!

Zeng Han Jun

He who feels pain when paying off debts is not fit to leverage on debts as an investment strategy.

If you can’t stand the heat, stay out of the kitchen.

Yiddish Proverb

Interest on debts grow without rain.

If you’re interested in learning by example, why not learn a few money management tips from the United States’ wealthiest religion.

Anonymous Banker

Interest is the phenomenon that allows me to create money out of thin air, or foreclose on your assets.

I do not recall the names of the bankers who mentioned this quote on financial television, but if you hold a 30 year mortgage and pay the minimum payment each month, you have more than doubled the bankers investment over the lifetime of the loan (the amortization equation is the lender’s friend, not yours). Otherwise, if you can’t pay your mortgage, he/she acquires your real estate investment via the foreclosure process.

Christian Bible, Proverbs 22:7

The rich rule over the poor, and the borrower is servant to the lender.

Sage words that apply to everyone. If you disagree, I suggest you call your lender and ask what happens if you stop payment.

G. D. Prentice

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

If only some people could use all of their ingenuity to not get into debt in the first place, we’d never have a problem. But that’s far too optimistic considering the lure of consumerism and saturation of advertising in western culture.

Earl Wilson

Today, there are three kinds of people:  the have’s, the have-not’s, and the have-not-paid-for-what-they-have’s.

As with the first quote, you have an option of which one you choose to be.

Jon Stewart from The Daily Show

The bank changes your bill due date [on a credit card] without warning you, which they can do so you’ll incur late fees and a penalty rate hike up to 30% interest, or maybe, they just give you a rate hike up to 30% for no reason at all. Why? F**k you! That’s why!

As always, the debtor is subject to the terms of their master lender.

Got a favorite debt, credit, or interest payment related quote? Please add it to the list in the comments section.