Sometimes your best investments are the ones you don't make.
Money often costs too much.
Being a smart shopper is the first step to getting rich.
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.
If you can, you will quickly find that the greatest rate of return you will earn is on your own personal spending. Being a smart shopper is the first step to getting rich.
If you would know the value of money, go and try to borrow some.
The strongest force in the universe is Compound Interest.
Family is the most important thing in the world.
There are some dark days when I do receive some racist mail or emails. But overall the response to me has been very positive. Readers relate to me not just as an African-American, but as an American trying to make sense of her personal finance, just like them.
Automating some of your finances can be incredibly convenient and is a great way to save time, but automating everything makes it too easy to go on autopilot and forget to pay attention to your personal finances.
Unlike most experts in her field, Erika Andersen has an approach to being strategic that's sensible and accessible. With her, you feel capable of creating the business, career and life you want. She's to strategy what Suze Orman is to personal finance!
It's powerfully important that our kids get an education in personal finance.
My Big Mama is my No. 1 financial role model. Much of my advice stems from what she taught me. She never made more than $13,000 a year, yet she paid off her home before she retired. She saved money from every paycheck. She taught me to be skeptical. It makes me cry to think that I'm a nationally syndicated personal finance columnist for one of the world's best newspapers and my core advice comes from my black grandmother who was a nurse's aide with just a high school education.
A majority of students who come into community colleges are still stuck at high school level or remedial math. And when they take it in college, they still don't pass it. So the Carnegie Foundation got together and created two accelerated courses that focus on real-world applications of numbers like for health, for civics, for personal finance - concepts that you and I use every single day.
I don't really consider myself to be a personal finance expert compared with some others. There are quite a few that know a lot more than I do.
Without any formal personal finance instruction in our high school or college curricula, many college seniors who graduate in the red will continue to make common financial mistakes that only exacerbate their debt burdens.
One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
The thing I have discovered about working with personal finance is that the good news is that it is not rocket science. Personal finance is about 80 percent behavior. It is only about 20 percent head knowledge.
Personal finances are like people’s personal health, crucial and tragic to the sufferer but tedious to the listener.
People used to ask me for advice, and I'd say, 'Please, don't ask me!' Yes, I did economics at Oxford, but that's not the same as having a broad knowledge of personal finance
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