“A Bank Is A Place That Will Lend You Money…”

Bob Hope (above) said (below):
“A Bank Is A Place That Will Lend You Money… If You Can Prove That You Don’t Need It.”

The KnowHowToEarn.Com Researched And Selected
Make Money Motivation Quote Or Phrase Of The Day

[There are millions of Quotes, And/Or Phrases, available online today, but there
is only one chosen, analyzed, and posted here often @ Know How To Earn. So,
Tune In Each Day to get your mind-set and focused to gain money knowledge.]

*[Today’s Featured Quote Or Phrase]*
“A Bank Is A Place That Will Lend You Money,
If You Can Prove That You Don’t Need It.”
–Bob Hope

(Thoughtful Or Funny Variations Below)
“Work until your bank account balance
looks like a phone number.”
-Author Unknown

*Opinion, History, Or Definition Of Today’s Featured Quote/Phrase -Admin
“In my opinion, the Bob Hope phrase is the ultimate Catch-22… For example, right now,
at this time, you might need a bank loan to Grow Your Business, to Purchase A Car, to
Consolidate Your Debt, and/or to Pay Off Your Mortgage… However, in order to qualify
for a bank loan; you must first prove that you actually don’t need the loan, because you
have more than enough Qualifying Assets [retirement savings, stock investments, etc],
plus an Excellent Credit History… In other words, the bank wants to know that you do
not desperately need the loan, although you do, and that you can easily pay it back…”

PS Do you agree or disagree with the Bob Hope, or Author Unknown, quotes above?

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[updated Dec 31, 2020]