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Source identified
“Debt robs a man of his self-respect, and makes him almost despise himself.”

P. T. Barnum

Source
The Art of Money Getting
Date
1880
Attribution
Source identified
Meaning

What does this quote mean?

The rhetoric emphasizes the psychological burden Barnum associated with unpaid consumption debt, linking financial obligation with dependence and loss of confidence.

Source context

Where does it come from?

The Art of Money Getting, “Avoid Debt”; Project Gutenberg #8581. This is Barnum’s forceful moral rhetoric, not a clinical claim about every debtor’s mental state.

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