orman Quotes

“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.”

“I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.”

“The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.”

“If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.”

“So many financial dreams are thwarted by the failure to act upon good intentions.”

“Who would you want to be giving you advice? Somebody who doesn't have any money?”

“People first, then money, then things.”

“It's easy to underestimate the real cost of home ownership.”

“No one's ever achieved financial fitness with a January resolution that's abandoned by February.”

“You must recognize, embrace, and be honest about what is real for you today and allow that understanding to inform the choices you make. Only then will you be able to build the future of your dreams.”