Steve Jobs: Effective debt management is key to financial success. It’s important to prioritize debt repayment and cut unnecessary expenses to reduce liabilities.
Elon Musk: Debt can be a useful tool for business growth, but it’s crucial to have a clear plan for repayment and not take on more debt than you can handle.
Jack Ma: Managing debt requires discipline and a focus on long-term financial goals. It’s important to avoid excessive borrowing and prioritize paying off debts with high interest rates.
Plato: Debt can be a burden on the soul and hinder one’s ability to live a virtuous life. It’s important to live within your means and avoid borrowing beyond what is necessary.
Warren Buffett: Debt should be used strategically and sparingly. It’s crucial to have a solid plan for repayment and not rely too heavily on borrowed funds for financial stability.
Master Hui Neng: True financial freedom comes from living simply and within one’s means. Debt should be minimized and managed responsibly to avoid unnecessary stress and burden.