Business quote by J. Paul Getty

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If you owe the bank 100 thats your problem. If you owe the bank 100 million, thats the banks problem
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"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem"

- J. Paul Getty

About this Quote

This quote by J. Paul Getty is a pointer that money and financial obligation can be a powerful force in our lives. It suggests that when we owe money, the quantity we owe can determine who is responsible for the financial obligation. If we owe a percentage, such as $100, then it is our responsibility to pay it back. However, if we owe a big amount, such as $100 million, then it is the bank's duty to manage the financial obligation. This quote is a reminder that we should bear in mind our financial obligations which we should not take on more financial obligation than we can manage. It also functions as a warning that if we do take on too much financial obligation, it can end up being a problem for both us and the bank.

About the Author

J. Paul Getty This quote is written / told by J. Paul Getty between December 15, 1892 and June 6, 1976. He was a famous Businessman from USA, the quote is categorized under the topic Business. The author also have 17 other quotes.

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