American - Author | June 5, 1951 -
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
Suze Orman
MoneyEndCreditGoalCredit Card
Thoughtful financial planning can easily take a backseat to daily life.
LifeDailyDaily LifePlanningTake
If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.
CreditYouBuildWayNeedPay
Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.
MoneyFreeThinkRetirementYear
I do not think I am successful just because I have money. I'm successful because I love who I am and I have no regrets, and I'm successful because I have a great heart and I have compassion and I care and I would be happy with or without money.
LoveHeartGreatMoneyCompassion
Your credit score affects the interest rates you're offered on credit cards and loans, can be used to vet your job application, and in some states may influence your insurance premiums.
JobInfluenceInsuranceCreditYou
The new American dream is one of responsibility. What is the bottom-line number that you're going to be able to pay back toward a student loan responsibly if you're doing it yourself after you have a job? That dictates the amount of money you can borrow. That dictates the school you can go to, if you can even go to a four-year college at all.
ResponsibilityMoneyJobYourself
I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has been reported to a collection agency, paying it off won't help your FICO score. The damage has already been done, and the blemish will remain on your credit report for seven years.
GoodMoneyPeopleHelpCreditDone
Credit card issuers and HELOC lenders are like fair-weather friends: They cozy up to you in good times, but when the economy heads south, they abandon you faster than Usain Bolt runs the 100 meters.
GoodGood TimesFriendsCreditYou
If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.
ChildrenMoneySchoolSpringWait
The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.
GoodBusinessInsurancePennyOut
Understand and accept the cycles of money. The setbacks you may have today or next year will not keep you from financial freedom. If you hold on to your goals and dreams, you will get there.
GoalsDreamsTodayFreedomMoney
Copyright © 2024 QuotesDict Suze Orman quotes