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About this quote

What does it mean?
Guaranteeing debts for those unable to pay is as futile as one disabled person vouching for another's ability to walk.
In plain terms
It is pointless for someone who cannot pay to have someone else who cannot pay guarantee it.
What can you take from it?
Guarantees are useless if the guarantor also lacks ability.

Where it applies

  • financial planning
  • risk assessment

Putting it to work

  • evaluate the guarantor's ability before relying on them

Questions to consider

  • What makes a guarantee valuable?
  • Who should take responsibility for debts?

Another view

Sometimes guarantees are symbolic or have legal weight beyond ability.

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