Debt Motivational Quotes

Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery

But I can't say that gratitude was my motive for infringing on the Law of Cultural Embargo. I was not paying my debt to him. Such debts remain owing. Estraven and I had simply arrived at the point where we shared whatever we had that was worth sharing.

As I would learn later on, developed countries will always welcome the Einsteins of this world -- those individuals whose talents are already recognized and deemed to have value. This welcome doesn't usually extend to the poor and uneducated people seeking to enter the country. But the truth, supported by the facts of history and the richness of immigrant contribution to America's distinction in the world, is that the most entrepreneurial, innovative, motivated citizen is the one who has been given an opportunity and wants to repay the debt.

Kindness is a currency that can cover a multitude of interpersonal debts.

An honest man is a debtless man, he doesn't owe anyone anything.

There is tremendous satisfaction in working your tail off to hit a goal, then winning. It is worth the work.

People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.” -Zig Ziglar

There was my personal debt of knowing that her singular motivation had always been to give her children a life of opportunity, but there were also societal debts—American society’s debt to the immigrants who make their food, clean their toilets, raise their children; Korean society’s debt to the droves of young women who put their bodies and sexual labor on the front lines of national security, to whom no one would ever speak the words “thank you for your service.”1 In neither case were the debtees treated with gratitude. Instead, the debtors would make them into the cause of society’s ills, the very things that needed to be eradicated.

The first step towards improving your finances, is to avoid bad choices that have a high consequential financial liability attached to them.

Money itself is too weak to motivate much discipline. This is one reason so many people are deep in debt.

The motives of the troika and Greece's domestic oligarchy are obvious. Debt is creditor power, and unsustainable debt gives creditors exorbitant power.

I like my players to be married and in debt. That's the way you motivate them.

The motivation for taking on debt is to buy assets or claims rising in price. Over the past half-century the aim of financial investment has been less to earn profits on tangible capital investment than to generate “capital” gains (most of which take the form of debt-leveraged land prices, not industrial capital). Annual price gains for property, stocks and bonds far outstrip the reported real estate rents, corporate profits and disposable personal income after paying for essential non-discretionary spending, headed by FIRE [Finance, Insurance, Real Estate]-sector charges.

In Debt, the anthropologist David Graeber tells the story of Tei Reinga, a Maori villager and “notorious glutton” who used to wander up and down the New Zealand coast, badgering the local fishermen by asking for the best portions of their catch. Since it’s impolite in Maori culture (as in many cultures) to refuse a direct request for food, the fishermen would oblige—but with ever-increasing reluctance. And so as Reinga continued to ask for food, their resentment grew until “one day, people decided enough was enough and killed him.” This story is extreme, to say the least, but it illustrates how norm-following and norm-enforcement can be a very high-stakes game. Reinga flouted an important norm (against freeloading) and eventually paid dearly for it. But just as tellingly, the fishermen who put him to death felt so duty-bound by a different norm (the norm of food-sharing) that they followed it even to the point of building up murderous resentment. “Couldn’t you just have said no to Reinga’s requests?!” we want to shout at the villagers.

Normally, the easiest way to [use money to get more money, i.e. capitalism] is by establishing some kind of formal or de facto monopoly. For this reason, capitalists, whether merchant princes, financiers, or industrialists, invariably try to ally themselves with political authorities to limit the freedom of the market, so as to make it easier for them to do so. From this perspective, China was for most of its history the ultimate anti-capitalist market state. Unlike later European princes, Chinese rulers systematically refused to team up with would-be Chinese capitalists (who always existed). Instead, like their officials, they saw them as destructive parasites--though, unlike the usurers, ones whose fundamental selfish and antisocial motivations could still be put to use in certain ways. In Confucian terms, merchants were like soldiers. Those drawn to a career in the military were assumed to be driven largely by a love of violence. As individuals, they were not good people, but they were also necessary to defend the frontiers. Similarly, merchants were driven by greed and basically immoral; yet if kept under careful administrative supervision, they could be made to serve the public good. Whatever one might think of the principles, the results are hard to deny. For most of its history, China maintained the highest standard of living in the world--even England only really overtook it in perhaps the 1820s, well past the time of the Industrial Revolution.

When you left me I was lost. I didn’t know what to do, who I was or what I was going to do. Time froze for me. I woke up every morning with you in my head. That feeling of being lost, not knowing who I was, was terrible. It was so bad that I spent everyday numbing my pain with drugs and alcohol until I passed out. Not because I enjoyed it but because it was the only way I could sleep. When I look back, you had every reason to leave me. I was no good for you. We rotted at my place, didn’t do anything, treated you bad, picked everything over you. I had no motivation to do begin work, debt stacked up higher and higher. Until finally, welcome to rock bottom. Heck im surprised you stayed as long as you did. But when you left and I realized what I did to cause this, I thought to my self that when I look back at this I want to know I tried to get her back. I couldn’t let you go without a fight, I wanted to know that I tried to get you back. And I tried. After I saw you with another person my heart broke in pieces and like pieces of glass it felt stuck in my throat. You told me its what you wanted to do from the beginning and I didn’t want to believe it. But after that I gave up on you and decided to pick up whatever pieces I had left and move on. At least I tried, that’s what I told my self. If I could go back and do it all over again, would I do it differently? Of course, but that’s not reality. I focused on what was. In a way im glad things happened this way. It opened my eyes to a different world, it made me who iam today. It gave me the best motivation possible, to prove to you and my self that I could be better. I used you everyday to get to that extra mile. Waking up every morning at awkward times thinking about you and not being able to fall back asleep. I used that to motivate me to start work everyday at 6am. And now I sit here with my successful career, my new girl friend, debt free and a fat bank account in less then a year and I have no one else to thank but MY SELF! To everyone that has made a mistake, im here to tell you that it always gets worse before its gets better!

We convince ourselves that life will be better after we get married, have a baby, then another. Then we are frustrated that the kids aren't old enough and we'll be more content when they are. After that we're frustrated that we have teenagers to deal with. We will certainly be happy when they are out of that stage. We tell ourselves that our life will be complete when our spouse gets his or her act together, when we get a nicer car, are able to go on a nice vacation, when we retire. The truth is, there's no better time to be happy than right now. Your life will always be filled with challenges. It's best to admit this to yourself and decide to be happy anyway. One of my favorite quotes comes from Alfred D Souza. He said, "For a long time it had seemed to me that life was about to begin - real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life." This perspective has helped me to see that there is no way to happiness. Happiness is the way. So, treasure every moment that you have. Stop waiting until you finish school, until you go back to school, until you lose ten pounds, until you gain ten pounds, until you have kids, until your kids leave the house, until you start work, until you retire, until you get married, until you get divorced, until Friday night, until Sunday morning, until you get a new car or home, until your car or home is paid off, until spring, until summer, until fall, until winter, until you are off welfare, until the first or fifteenth, until your song comes on, until you've had a drink, until you've sobered up, until you die, until you are born again to decide that there is no better time than right now to be happy.

This despite the fact that Confucian orthodoxy was overtly hostile to merchants and even the profit motive itself. Commercial profit was seen as legitimate only as compensation for the labor that merchants expended in transporting goods from one place to another, but never as fruits of speculation. What this meant in practice was that they were pro-market but anti-capitalist.

Today my father still sits [in] prison. But what about all of us in our own prisons? For many of us, that's what we choose. There might not be metal bars or orange jumpsuits, but we keep ourselves locked in the prison of other people's expectations. Or we look across the street and put ourselves in the prison of wanting what those people over there have. We imprison ourselves in debt. We stay in our prisons because they're comfortable and don't challenge us.

The key to motivating your kids to take responsibility for earning their way in the world is to limit the amount of spending money you give them. It isn’t a bad idea to give your kids a modest allowance. It’s best if the allowance is tied to doing chores around the house. Even then, be sure to limit the amount of money you give your kids. The whole idea is to leave the kids wanting more money than you give them so they have the desire to earn some money on their own.

The duties, which a man performs as a friend or parent, do not seem merely owing to his benefactor or children; nor can he be wanting to these duties, without breaking through all the ties of nature and morality. A strong inclination may prompt him to the performance: A sentiment of order and moral obligation joins its force to these natural ties: And the whole man, if truly virtuous, is drawn to his duty, without any effort or endeavour. Even with regard to the virtues, which are more austere, and more founded on reflection, such as public spirit, filial duty, temperance, or integrity; the moral obligation, in our apprehension, removes all pretension to religious merit; and the virtuous conduct is deemed no more than what we owe to society and to ourselves. In all this, a superstitious man finds nothing, which he has properly performed for the sake of his deity, or which can peculiarly recommend him to the divine favor and protection. He considers not, that the most genuine method of serving the divinity is by promoting the happiness of his creatures. He still looks out for some immediate service of the supreme Being, in order to allay those terrors, with which he is haunted. And any practice, recommended to him, which either serves to no purpose in life, or offers the strongest violence to his natural inclinations; that practice he will the more readily embrace, on account of those very circumstances, which should make him absolutely reject it. It seems the more purely religious, because it proceeds from no mixture of any other motive or consideration. And if, for its sake, he sacrifices much of his ease and quiet, his claim of merit appears still to rise upon him, in proportion to the zeal and devotion, which he discovers. In restoring a loan, or paying a debt, his divinity is nowise beholden to him; because these acts of justice are what he was bound to perform, and what many would have performed, were there no god in the universe. But if he fast a day, or give himself a sound whipping; this has a direct reference, in his opinion, to the service of God. No other motive could engage him to such austerities. By these distinguished marks of devotion, he has now acquired the divine favor; and may expect, in recompense, protection, and safety in this world, and eternal happiness in the next.

Goldilocks: I'm sorry I didn't flee with the others like you asked me to. Hagetta: I should have known you wouldn't listen to me, but I"ve never been so happy to be disobeyed. You saved us, Goldie-you saved us all. The entire forest will forever be in your debt. But seriously, Goldie! What in the world possessed you to take on an entire army by yourself? Goldilocks: Someone told me once that courage was one thing no one could ever take away from you. Hagetta: Then there's a thin line between your definition of courage and stupidity. Goldilocks: Sometimes we stay and fight, not for our survival, but for our soul. Hagetta. Remind me to stop being so motivational around you. I'ts going to get you killed.

Militant atheists seek to discredit religion based on a highly selective reading of history. There was a time not long ago—just a couple of centuries—when the Western world was saturated by religion. Militant atheists are quick to attribute many of the most unfortunate aspects of history to religion, yet rarely concede the immense debt that civilization owes to various monotheist religions, which created some of the world’s greatest literature, art, and architecture; led the movement to abolish slavery; and fostered the development of science and technology. One should not invalidate these achievements merely because they were developed for religious purposes. If much of science was originally a religious endeavor, does that mean science is not valuable? Is religiously motivated charity not genuine? Is art any less beautiful because it was created to express devotion to God? To regret religion is to regret our civilization and its achievements.

Sir Thomas, poor Sir Thomas, a parent, and conscious of errors in his own conduct as a parent, was the longest to suffer. He felt that he ought not to have allowed the marriage; that his daughter’s sentiments had been sufficiently known to him to render him culpable in authorising it; that in so doing he had sacrificed the right to the expedient, and been governed by motives of selfishness and worldly wisdom. These were reflections that required some time to soften; but time will do almost everything; and though little comfort arose on Mrs. Rushworth’s side for the misery she had occasioned, comfort was to be found greater than he had supposed in his other children. Julia’s match became a less desperate business than he had considered it at first. She was humble, and wishing to be forgiven; and Mr. Yates, desirous of being really received into the family, was disposed to look up to him and be guided. He was not very solid; but there was a hope of his becoming less trifling, of his being at least tolerably domestic and quiet; and at any rate, there was comfort in finding his estate rather more, and his debts much less, than he had feared, and in being consulted and treated as the friend best worth attending to. There was comfort also in Tom, who gradually regained his health, without regaining the thoughtlessness and selfishness of his previous habits. He was the better for ever for his illness. He had suffered, and he had learned to think: two advantages that he had never known before; and the self-reproach arising from the deplorable event in Wimpole Street, to which he felt himself accessory by all the dangerous intimacy of his unjustifiable theatre, made an impression on his mind which, at the age of six-and-twenty, with no want of sense or good companions, was durable in its happy effects. He became what he ought to be: useful to his father, steady and quiet, and not living merely for himself.

Unlike later European princes, Chinese rulers systematically refused to team up with would-be Chinese capitalists (who always existed). Instead, like their officials, they saw them as destructive parasites—though, unlike the usurers, ones whose fundamentally selfish and antisocial motivations could still be put to use in certain ways. In Confucian terms, merchants were like soldiers. Those drawn to a career in the military were assumed to be driven largely by a love of violence. As individuals, they were not good people, but they were also necessary to defend the frontiers. Similarly, merchants were driven by greed and basically immoral; yet if kept under careful administrative supervision, they could be made to serve the public good.29 Whatever one might think of the principles, the results are hard to deny. For most of its history, China maintained the highest standard of living in the world—even England only really overtook it in perhaps the 1820s, well past the time of the Industrial Revolution.

How Much Money Can We Afford To Give To Charity? Knowing how much money you can safely give to charity is challenging for everyone. Who doesn’t want to give more to make the world a better place? On the other hand, no one wants to become a charity case as a result of giving too much to charity. On average, Americans who itemize their deductions donate about three or four percent of their income to charity. About 20% give more than 10% of their income to charity. Here are some tips to help you find the right level of donations for your family: You can probably give more than you think. Focus on one, two or maybe three causes rather than scattering money here and there. Volunteer your time toward your cause, too. The money you give shouldn’t be the money you’d save for college or retirement. You can organize your personal finances to empower you to give more. Eliminating debt will enable you to give much more. The interest you may be paying is eating into every good and noble thing you’d like to do. You can cut expenses significantly over time by driving your cars for a longer period of time; buying cars—the transaction itself—is expensive. Stay in your home longer. By staying in your home for a very long time, your mortgage payment will slowly shrink (in economic terms)with inflation, allowing you more flexibility over time to donate to charity. Make your donations a priority. If you only give what is left, you won’t be giving much. Make your donations first, then contribute to savings and, finally, spend what is left. Set a goal for contributing to charity, perhaps as a percentage of your income. Measure your financial progress in all areas, including giving to charity. Leverage your contributions by motivating others to give. Get the whole family involved in your cause. Let the kids donate their time and money, too. Get your extended family involved. Get the neighbors involved. You will have setbacks. Don’t be discouraged by setbacks. Think long term. Everything counts. One can of soup donated to a food bank may feed a hungry family. Little things add up. One can of soup every week for years will feed many hungry families. Don’t be ashamed to give a little. Everyone can do something. When you can’t give money, give time. Be patient. You are making a difference. Don’t give up on feeding hungry people because there will always be hungry people; the ones you feed will be glad you didn’t give up. Set your ego aside. You can do more when you’re not worried about who gets the credit. Giving money to charity is a deeply personal thing that brings joy both to the families who give and to the families who receive. Everyone has a chance to do both in life. There Are Opportunities To Volunteer Everywhere If you and your family would like to find ways to volunteer but aren’t sure where and how, the answer is just a Google search away. There may be no better family activity than serving others together. When you can’t volunteer as a team, remember you set an example for your children whenever you serve. Leverage your skills, talents and training to do the most good. Here are some ideas to get you started either as a family or individually: Teach seniors, the disabled, or children about your favorite family hobbies.

Fake it ’til you make it. Everyone who’s ever done anything big has had to pretend they’re doing well when they’re not. There will be times you’ll have to drag yourself out of the house to deliver pizzas or begrudgingly eat the food in your fridge. But rest assured, if you can push through these moments and keep following through, you will find your motivation again.

There are seven reasons people go to work: (1) Money; (2) Passionate self-expression; (3) Rewarding relationships; (4) Service to improve others’ lives; (5) Egoic achievement, competitive victory, or status; (6) Fear, guilt, obligation, rote habit, or debt to tradition; and (7) Avoidance of boredom or escape from a more unpleasant situation. We might boil this list down to two basic motivations: fear-based lack and joy-based expression.

For almost a century, anthropologists like me have been pointing out that there is something very wrong with this picture. The standard economic-history version has little to do with anything we observe when we examine how economic life is actually conducted, in real communities and marketplaces, almost anywhere—where one is much more likely to discover everyone is in debt to everyone else in a dozen different ways, and that most transactions take place without the use of currency. Why the discrepancy? Some of it is just the nature of the evidence: coins are preserved in the archeological record; credit arrangements usually are not. Still, the problem runs deeper. The existence of credit and debt has always been something of a scandal for economists, since it’s almost impossible to pretend that those lending and borrowing money are acting on purely “economic” motivations (for instance, that a loan to a stranger is the same as a loan to one’s cousin);

To acquire Georgia-Pacific, we took it deep into debt—to the point where unless performance improved, Georgia-Pacific would be in violation of its loan covenants,” Charles Koch later wrote. Now debt became a virtue rather than a burden, a force that established motivation and self-sacrifice among those who carried it. Koch Industries announced its plan to take Georgia-Pacific private in mid-November of 2005. The deal made Koch the largest privately held company in the nation.III Koch would be adding fifty-five thousand new employees to its workforce of thirty-three thousand, more than doubling the company in size once again. Jim Hannan was quickly informed that his services were no longer needed at Invista. He would move to Atlanta and help Koch absorb the largest acquisition in its history.

They had a much more fundamental problem with the market: greed. Market motives were held to be inherently corrupt. The moment that greed was validated and unlimited profit was considered a perfectly viable end in itself, this political, magical element became a genuine problem, because it meant that even those actors—the brokers, stock-jobbers, traders—who effectively made the system run had no convincing loyalty to anything, even to the system itself.

The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.

Markets aren’t real. They are mathematical models, created by imagining a self-contained world where everyone has exactly the same motivation and the same knowledge and is engaged in the same self-interested calculating exchange. Economists are aware that reality is always more complicated; but they are also aware that to come up with a mathematical model, one always has to make the world into a bit of a cartoon.

A promise made is a debt unpaid.

A promise made is a debt unpaid.                          Robert W. Service

The Greek word for ‘self-control’ comes from a root word meaning ‘to grip’. It calls for getting a grip on your spending so that you don’t go into debt for things you don’t need and can’t pay for. It calls for getting a grip on your temper and not saying things you’ll later regret: ‘Better … a man who controls his temper than one who takes a city’ (Proverbs 16:32 NIV 1984 Edition). It calls for getting a grip on your desires. If Joseph had failed to say no to the repeated advances of his boss’ wife, he’d never have seen his life’s dream fulfilled and sat on the throne of Egypt. Understand this: Satan has discerned your destiny and he’s out to stop you from reaching it. So pray for self-control, and practise it on a daily basis.

To Have and Have Not” It was during 1937 that Ernest Hemingway wrote the novel “To Have and Have Not” about Harry Morgan, a fishing boat captain who ran contraband between Havana and Key West. Things didn’t go well for Morgan as he sank ever deeper into debt. Hemingway’s book continued with Harry Morgan running his boat between Cuba and the United States, carrying revolutionaries to Cuba and smuggling Chinese immigrants and rum into Florida. The depression during the early 1930’s and the hunger experienced by the “Conchs” of Key West was Morgan’s motive for ferrying his illegal cargo between the two countries. When Ernest Hemingway moved to Cuba early in 1939, he took his boat the Pilar across the Straits of Florida to Havana, where he first checked into the Hotel Ambos Mundos. Shortly thereafter, Martha joined him in Cuba and they initially rented, and later in 1940, purchased a home for $12,500. Located 10 miles to the east of Havana, in the small town of San Francisco de Paula, they settled into what they called Finca Vigía, the Lookout Farm. After a difficult divorce from Pauline, Ernest and Martha got married on November 20, 1940. Even though Cuba had permanently become their home, they sought writing assignments overseas, including one in China that Martha got for Collier’s magazine. Returning to Cuba just prior to the outbreak of World War II, he convinced the Cuban government to outfit his boat with armaments, with which he intended to ambush German submarines. As the war progressed, Hemingway went to London as a war correspondent, where he met Mary Welsh. His infatuation prompted him to propose to her, which of course did not sit well with Martha.

The Law of Attraction states that the more you complain, the more things will come that you will complain about. Think about this logic and consider the opposite. In its very essence, the Law states the more you are grateful for the things around you, the more things will come that you can be grateful for. So the first step in practicing gratitude is to stop complaining. When you dread your debt, the more debt will come. If you feel negative things with all of your attention, then the more negative things will come. Going back, stop complaining and put all your attention to the things that you should be grateful about. It’s wrong to say that you have no blessings. As a matter of fact, you are abundant with blessings. You are a creature that is full of goodness, destined to prosperity!

There’s an old play on the word justified: “just-as-if-I’d never sinned.” But here’s another way of saying it: “just-as-if-I’d always obeyed.” Both are true. The first refers to the transfer of our moral debt to Christ so we’re left with a “clean” ledger, just as if we’d never sinned. The second tells us our ledger is now filled with the perfect righteousness of Christ, so it’s just as if we’d always obeyed. That’s why we can come confidently into the very presence of God (Hebrews 4:16; 10:19) even though we’re still sinners—saved sinners to be sure, but still practicing sinners every day in thought, word, deed, and motive.

You want to know what gets on my nerves? When people say 'you can't be a Christian because you're LGBT+, or you used to be a Muslim/Hindu/atheist/pretty much anything else really'. The reason people say those things is because we believe doing so is sinning, but haven't we all sinned? Aren't we all in the same boat, at the mercy of the storm raging outside? If so, why keep to ourselves in what we think is the safest corner, but the whole boat sinks nonetheless? Every sin, whether it's stealing a cookie from the cookie jar to murdering and robbing an innocent child is sin. Even if you have never done any wrong, except did one thing, isn't your soul still poisoned, still doomed to being a sinner? Why must we separate ourself because we believe we are 'righteous', when in doing so we simply dirty ourselves in sinful dust even more so, yet continue to believe ourselves better then anyone else? If you don't think you are worthy, or can possibly be righteous, well, I'm afraid your not on track. The only reason we are even not-dead-yet is because a perfect soul died after never sinning, Jesus payed the price we so selfishly went into debt for because we wanted temporary satisfaction and worthless paper called money. If we have all been called to be clean, why must we refuse this and say others are dirty, when if that's true we are dirty as well ourselves? We sink the boat we are on to see others drown, yet in the process we drown ourselves. We have been selfish, lazy, prideful, and sinful, every one of is, and yet are so blind we cannot even see the great light that calls us to be clean and perfect. There is no such thing as too far gone, so why do we say others are too far gone yet set the bar lower for ourselves? Are we more perfect, more righteous, more forgiven then people who don't know God as well as we do? Surely not! If we know God, instead of keeping him to ourselves we are quite clearly instructed to give freely in the Bible, and yet we refuse to do so for the sake of our sinful pride. Why do we not reach down, and get our knees dirty to help the poor? What is stopping us from going that extra mile, from giving more then you have, from reaching out with the great news of the savior? We are too prideful, we don't want our silken robes to get muddy in someone else's sin even when they're already disgusting in ours. We tell ourselves we're are too tired to walk the extra mile, yet powerful enough to strike down the needy and ones in poverty. We are too greedy, we would rather keep the Savior to ourselves then give it, even though in giving you get even more. What right do we have to choose who should come with us into heaven? What heavenly authority gave us the power to say 'you sin, you cannot come to heaven', even though we sinners think we can when there is no difference between us? Any one can truly believe, there is no 'special requirement' to be a Christian other then to know God exists (well, duh you didn't need to tell us that) and to know you are a sinner and to try to not sin, even though we all fail miserably at that, and to love God with all your heart and soul and mind, and to love your neighbor as much as God loves them. (No, autocorrect is not a human, I hate it too). There is no human on earth who is perfect, if you believe yourself to be so you are even more wrong then before. If there is anyone reading this, who is suicidal or LGBT+ and have been bullied or just don't know, trust me, there is nothing, NOTHING preventing you from believing except for your own will. I don't know if this is a quote or a rant ;;

Most children don't know freedom, because their life is a never-ending debt to their parents.

Tyson experimented with the model of owning farms outright and staffing them with well-trained workers. This seemed like a natural fit for Tyson, because it left the farm within the company’s control. But the limitations showed up quickly. It was hard to motivate hired hands to do the work, which involved hauling loads of dead chickens out of a barn where the ammonia fumes were so strong they burned the eyes. Hired hands just didn’t raise the best birds, no matter how much you paid them or what kind of incentives you provided. They didn’t have skin in the game. Owning farms also had another downside: Chicken houses were a terrible investment of the company’s money. The buildings served only one purpose, and they lost their value quickly as they wore out. A quick set of calculations revealed that Tyson Feed and Hatchery would never have the kind of capital it would need to buy all the land and build all the houses required to supply itself with chickens. To counter these problems, Tyson settled on the model of using independent contract farmers. A farmer who owned his chicken houses was deeply motivated to care for the birds. He had a mortgage and debt from the chicken houses hanging over his head. It made a man get up early in the morning, and it kept him going until late at night.

Debt is like ice. Icebergs are dangerous, but once you apply a bit of heat (attention), the giant insurmountable force becomes something harmless that you can put in a cup and drink.

These conditions were all provided for by the Boomers’ elders, who worked and saved to ensure that the fiscal house was in reasonable order when it was passed down. Doing so required older generations to tax themselves at rates that no politician today, however far Left, would dare propose. When possible, it was pay as you go, so unlike more recent wars, the Korean War was substantially financed out of current tax receipts, as were many of the great infrastructure projects, whose costs were overwhelmingly borne by earlier generations even though later generations would reap so much of their benefit. In cases where no level of tax could balance the budget, as was the case with World War II, prior generations retired the debt as quickly as possible. Motivated by fiscal probity, Americans paid extraordinary taxes for two decades, with the highest marginal rate a downright confiscatory 94 percent in 1945 (against which today’s 39.6 percent, the source of so much present angst, seems modest).17 The result of these sacrifices was that, by the 1960s, World War II debt had been reduced to a manageable size. Taxes could therefore be lowered, though the top rate remained a hefty 70 percent.

Figuring out why you want to pay off your debt is key to paying it off. Retirement was not enough of a reason for me. Having nice things and a nice house didn’t motivate me. But the thought of being able to stay home with my future kids got me going. And when I was discouraged during the middle period of our debt payoff, imagining long-term work flexibility kept me going.

The Upanishads have minutely classified every stage of spiritual advancement: - Jivanmukta ("freed while living") - a siddha ("perfected being") has progressed from the state of jivanmukta ("freed while living") to that of: - a paramukta ("supremely free" - full power over death); the latter has completely escaped from the mayic thralldom and its reincarnational round. The paramukta therefore seldom returns to a physical body; if he does return, he is: - an avatar, a divinely appointed medium of supernal blessings on the world. An avatar is unsubject to the universal economy; his pure body, visible as a light image, is free from any debt to Nature. The casual gaze may see nothing extraordinary in an avatar's form; but, on occasion, it casts no shadow nor make any footprint on the ground. These are outward symbolic proofs of an inward freedom from darkness and material bondage. [...] Krishna, Rama, Buddha and Patanjali were among the ancient Indian avatars. [...] Agastya, a South Indian avatar. - Mahavatar (Great Avatar) - Babaji's mission in India has been to assist prophets in carrying out their special dispensations. He thus qualifies for the scriptural classification of Mahavatar (Great Avatar). [...] Babaji is ever in communion with Christ; together they send out vibrations of redemption and have planned the spiritual technique of salvation for this age. The work of these two fully illumined masters is to inspire the nations to forsake wars, race, hatreds, religious sectarianism, and the boomerang evils of materialism.[...] Only one reason motivates Babaji in maintaining his physical form from century to century: the desire to furnish humanity wit ha concrete example of its own possibilities. Were man never vouchsafed a glumpse of Divinity in the flesh, he would remain oppressed by the heavy mayic delusion that he cannot transcend his mortality. - pg305-310, Chapter 33, Babaji, Yogi-Christ of Modern India

Paul felt a debt of service to that person until he did come to know Him. But the chief motivation behind Paul’s service was not love for others but love for his Lord. If our devotion is to the cause of humanity, we will be quickly defeated and brokenhearted, since we will often be confronted with a great deal of ingratitude from other people. But if we are motivated by our love for God, no amount of ingratitude will be able to hinder us from serving one another.

Mum always said that both Christmas and birthday gifts should create neither an imbalance nor a debt in a relationship, they should reflect both the giver and the giftee, and they must always be free of conditions and hidden motivation. Dad’s advice was simply to remember that the gift isn’t for you but should elicit a smile of joy, pleasure, or laughter from the other person. He said it should be memorable enough that they never forget the occasion where they received it. Bottom line is they should reflect your relationship.

The effect of “sleep deficit” is cumulative. If you sleep less one night, you feel its ill effects the next day. Missing sufficient sleep many days in a row builds up a “sleep debt.” A “sleep debt” seriously hampers the following: •Information processing •Motivation •Judgment •Reaction time •Short-term memory •Alertness

It is interesting to note that Mesopotamian legal codes guaranteed property rights to an even greater extent than they guaranteed what we now call human rights. For instance, a person had the right to sell him- or herself into slavery or pledge his or her liberty as collateral for a loan. This seems cruel and exploitive, but it may have been efficient. A study by the economist M. Darling of the rural economy of the Punjab in modern times suggests a disturbing thing about human nature—people work harder and produce more when they are in debt.2 Darling found that crop yields for farmers in debt typically exceeded yields from unencumbered farmers. Farmers in the Punjab may have faced foreclosure, but for the ancient inhabitant of Ur, the motivation was even greater. Debtors were often forced to sell themselves into slavery.

Is there a small habit that can support a major habit?” (For example, packing your exercise clothes in the morning so they’ll be ready for the gym in the evening.) “Do I often end the day frustrated because I didn’t complete the most important tasks?” (Identify the most important tasks for the next day and then schedule them into your calendar.) “What quick activities make me feel inspired or happy?” (For example, watching a short motivational video each morning.) “What five goals are the most important to me right now?” (What can you do daily to support all five of these goals?) “What are the activities that I love to do?” (Think of tasks that can support hobbies, like running, knitting, traveling, or reading.) “What areas of my financial life do I need to improve?” (If you’re in debt, then address this first. But if you have money in the bank, then you should build a habit that focuses on building up your investment portfolio.) “Can I improve the quality of my interpersonal relationships?” (Think about your interactions with your parents, children, significant other, and closest friends. Is there anything you can do daily to make these interactions better?) “What makes me feel great about myself?” (If something brings you enjoyment, then you should either do it every day or schedule time for it each week.) “How can I become more spiritual in my daily life?” (For example, read from a book of prayers, practice a bit of yoga, or recite positive affirmations.) “What is a new skill I’ve always wanted to master?” (For example, make a habit of researching and learning about talents like home brewing, playing a musical instrument, learning a new language, or anything that sounds fun.) “Is there anything I can do to support my local community or an important cause?” (We all believe in something. So if you schedule time daily for this activity, then it’s not hard to consistently help others.) “Is there something that I can do to improve my job performance and get a raise?” (For example, build a skill that will become valuable to the company.)

The economy is growing, and the economic reports are positive. Corporate earnings are rising and beating expectations. The media carry only good news. Securities markets strengthen. Investors grow increasingly confident and optimistic. Risk is perceived as being scarce and benign. Investors think of risk-bearing as a sure route to profit. Greed motivates behavior. Demand for investment opportunities exceeds supply. Asset prices rise beyond intrinsic value. Capital markets are wide open, making it easy to raise money or roll over debt. Defaults are few. Skepticism is low and faith is high, meaning risky deals can be done. No one can imagine things going wrong. No favorable development seems improbable. Everyone assumes things will get better forever. Investors ignore the possibility of loss and worry only about missing opportunities, No one can think of a reason to sell, and no one is forced to sell. Buyers outnumber sellers. Investors would be happy to buy if the market dips. Prices reach new highs. Media celebrate this exciting event. Investors become euphoric and carefree. Security holders marvel at their own intelligence; perhaps they buy more. Those who’ve remained on the sidelines feel remorse; thus they capitulate and buy. Prospective returns are low (or negative). Risk is high. Investors should forget about missing opportunity and worry only about losing money. This is the time for caution!

I believe that more can be learned of the life of Shakespeare from his plays than from such documents showing that he sued people for small debts. I hold to the theory that a pattern of similar events, concentration on a similar emotion occurring in several plays indicated a strong personal motive. I am however opposed to deducing personal conclusions from an isolated episode or often from a casual remark by a character.

One who gives the knowledge of even a single letter, is a Guru; the student is one who fully understands it; in this world there is no substance that the student can give to repay his debt to his Guru.

A shame culture is one in which the source of moral sanctions and authority is perceived to reside in other people, in their ridicule, criticism, or contempt (so that one is shamed in other people's eyes). The feeling of shame actually occurs in oneself, of course, and can occur when one is alone, but it characteristically perceived as something that occurs before an audience, an external judge in whose eyes (and by comparison with whom) one appears weak, failed, foolish, incompetent, ridiculous, rejected, inferior, contemptible — in short, shameful. Thus, shame motivates concealment of those traits in oneself of which one is ashamed, since shame is only intensified by exposure to others. A guilt culture is one in which the source of moral sanctions and authority is oneself, one's own internalized conscience and the moral law one imposes on oneself, violation of which leaves one feeling guilty and sinful in one's own eyes. By contrast with shame, the feeling of guilt or sin is actually relieved by exposure, which is why guilt cultures institutionalize the practice of confession of sins. This is understandable, since the person who feels guilty perceives his sin (evil) as being "inside" himself, so to speak, so letting it "out" through confession can feel like draining a moral abscess, bringing a relief of painful pressure. But why would the perceived source of moral sanctions and disapproval affect either the likelihood or the direction of violent impulses? The answer, I believe, is that what the feeling of shame motivates most directly is the wish to eliminate the feeling of shame, since it is a very painful feeling; and since shame is seen as emanating from other people, that can be done most directly by eliminating other people. It is true that one could also eliminate the feeling of shame, at lower cost to oneself and others, by means of achievements of which one could feel proud, and which would elicit approval, admiration, respect and honors from others. But that is not always possible, and when it is not, eliminating others may be seen as the only alternative. What the feeling of guilt motivates, correspondingly, is the wish to eliminate the feeling of guilt, since it is a very painful feeling; and since the feeling of guilt emanates from the self, the only way to eliminate it may be by eliminating the self (as in suicide, or by provoking or passively submitting to martyrdom). Another way to understand why shame motivates anger and violence toward others, and why guilt directs those same feelings and behaviors toward the self, is to remember that in a shame ethic the worse evil is shame, the source of which is perceived as other people (the audience in whose "evil eyes" one is shamed). Therefore evil resides in other people, and to the degree that one feels shame, it is other people who deserve punishment. Punishing others alleviates feelings of shame because it replaces the image of oneself as a weak, passive, helpless, and therefore shameful victim of their punishment (i.e. their shaming) with the contrasting image of oneself as powerful, active, self-reliant, and therefore admirable, and unshameable. In a guilt ethic, by contrast, the worst evil is to be guilty or sinful, and guilt and sin (to the degree that one feels guilty and sinful) are perceived as residing within oneself. Thus, people who feel guilty see themselves as deserving punishment. And receiving punishment, whether from oneself or from others, relieves guilt by expiating it. Indeed, that is the purpose of punishment, both in the criminal law (in which punishment is the means by which the criminal "pays his debt" to society and thus discharges his guilt) and in the religious sacrament of penance (the self-punishment by which the sinner expiates his sins, that is, relieves his guilt-feelings). Thus, whereas punishment intensifies feelings of shame, it relieves feelings of guilt.

Christ paid a debt he didn’t owe and one we couldn’t pay. That kind of love should motivate us to pay those debts we can pay to those we do owe.

The Bible speaks negatively of all debt.

All the wealth of the world can’t repay the debt of a breath.

The capitalist-investor class experiences a tremendous loss of “real” wealth during depressions because the value of their investment portfolios collapses (declines in equity prices are typically around 50 percent), their earned incomes fall, and they typically face higher tax rates. As a result, they become extremely defensive. Quite often, they are motivated to move their money out of the country (which contributes to currency weakness), dodge taxes, and seek safety in liquid, noncredit-dependent investments (e.g., low-risk government bonds, gold, or cash).

A debt-creating father is an enemy, an adulteress mother is an enemy, a beautiful wife is an enemy, an uneducated son is an enemy.

Hawkins' mission was to instill Euro-American values and practices in Indigenous peoples - including the profit motive, privatization of property, debt, accumulation of wealthy by a few, and slavery - allowing settlers to gain the land and assimilate the Muskogees.

The gospel is not motivational talks about happy marriages, being debt free, and achieving your destiny.

The loan department of Wells Fargo Bank had a similar experience. When they invited a customer to come into the bank and describe how a loan had changed their life—how it allowed them to buy a house or pay off a debt—it had a dramatic effect on the motivation of bank employees to help more people do the same. They could see for themselves the impact their work was having in someone’s life. This is a significant shift in how the employees perceived their jobs and it is foundational to having a sense of purpose in the work we do. Without necessarily being aware of it, many of the employees stopped coming to work to sell loans and started coming to work to help people. Further proof of how much the quality of our work improves when we can attach a human being to the results was seen in a study that found that simply showing radiologists a photograph of a patient led to a dramatic improvement in the accuracy of their diagnostic findings. Adam Grant conducted another study on lifeguards at a community recreation center.

At Oaktree, we strongly reject the idea of waiting for the bottom to start buying. First, there’s absolutely no way to know when the bottom has been reached. There’s no neon sign that lights up. The bottom can be recognized only after it has been passed, since it is defined as the day before the recovery begins. By definition, this can be identified only after the fact. And second, it’s usually during market slides that you can buy the largest quantities of the thing you want, from sellers who are throwing in the towel and while the non-knife-catchers are hugging the sidelines. But once the slide has culminated in a bottom, by definition there are few sellers left to sell, and during the ensuing rally it’s buyers who predominate. Thus the selling dries up and would-be buyers face growing competition. We began to buy distressed debt immediately after Lehman filed for bankruptcy protection in mid-September 2008 as described on page 235, and we continued through year-end, as prices went lower and lower. By the first quarter of 2009, other investors had collected themselves, caught on to the values that were available, and gathered some capital for investment. But with the motivated sellers done selling and buying having begun, it was too late for them to buy in size without pushing up prices. Like so many other things in the investment world that might be tried on the basis of certitude and precision, waiting for the bottom to start buying is a great example of folly. So if targeting the bottom is wrong, when should you buy? The answer’s simple: when price is below intrinsic value. What if the price continues downward? Buy more, as now it’s probably an even greater bargain. All you need for ultimate success in this regard is (a) an estimate of intrinsic value, (b) the emotional fortitude to persevere, and (c) eventually to have your estimate of value proved correct.

Old people vote. You know who votes in the swing states where this election will be fought? Really old people. Instead of high-profile videos with Cardi B (no disrespect to Cardi, who famously once threatened to dog-walk the egregious Tomi Lahren), maybe focus on registering and reaching more of those old-fart voters in counties in swing states. If your celebrity and music-industry friends want to flood social media with GOTV messages, let them. It makes them feel important and it’s the cheapest outsourcing you can get. Just don’t build your models on the idea that you’re going to spike young voter turnout beyond 20 percent. The problem with chasing the youth vote is threefold: First, they’re unlikely to be registered. You have to devote a lot of work to going out, grabbing them, registering them, educating them, and motivating them to go out and vote. If they were established but less active voters, you’d have voter history and other data to work with. There are lower-effort, lower-cost ways to make this work. Second, they’re not conditioned to vote; that November morning is much more likely to involve regret at not finishing a paper than missing a vote. Third, and finally, a meaningful fraction of the national youth vote overall is located in California. Its gigantic population skews the number, and since the Golden State’s Electoral College outcome is never in doubt, it doesn’t matter. What’s our motto, kids? “The Electoral College is the only game in town.” This year, the Democrats have been racing to win the Free Shit election with young voters by promising to make college “free” (a word that makes any economic conservative lower their glasses, put down the brandy snifter, and arch an eyebrow) and to forgive $1.53 trillion gazillion dollars of student loan debt. Set aside that the rising price of college is what happens to everything subsidized or guaranteed by the government.17 Set aside that those subsidies cause college costs to wildly exceed the rate of inflation across the board, and that it sucks to have $200k in student loan debt for your degree in Intersectional Yodeling. Set aside that the college loan system is run by predatory asswipes. The big miss here is a massive policy disconnect—a student-loan jubilee would be a massive subsidy to white, upper-middle-class people in their mid-thirties to late forties. I’m not saying Democrats shouldn’t try to appeal to young voters on some level, but I want them to have a realistic expectation about just how hard it is to move those numbers in sufficient volume in the key Electoral College states. When I asked one of the smartest electoral modeling brains in the business about this issue, he flooded me with an inbox of spreadsheets and data points. But the key answer he gave me was this: “The EC states in play are mostly old as fuck. If your models assume young voter magic, you’re gonna have a bad day.