Meaning of the word "he that goes a borrowing, goes a sorrowing" in English

What does "he that goes a borrowing, goes a sorrowing" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

he that goes a borrowing, goes a sorrowing

US /hi ðæt ɡoʊz ə ˈbɑːroʊɪŋ, ɡoʊz ə ˈsɔːroʊɪŋ/
UK /hiː ðæt ɡəʊz ə ˈbɒrəʊɪŋ, ɡəʊz ə ˈsɒrəʊɪŋ/
"he that goes a borrowing, goes a sorrowing" picture

Idiom

a proverb meaning that people who borrow money or items often end up regretting it or facing difficulties

Example:
I told him not to take that loan; he that goes a borrowing, goes a sorrowing.
Remember the old saying, he that goes a borrowing, goes a sorrowing, before you use your credit card again.