Alan Greenspan Quotes

Our main concern is that demand for credit be fulfilled in ways that are actually beneficial to consumers and not harmful to them.

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.

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.

There's an awful lot of us who don't quite speak finance, speak money.

This filing spike is a result of bad information being pushed on people, and then they file for bankruptcy out of fear.

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.

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.

The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing.

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

A person's credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for so long many did not know how to obtain one, or what to do with the information it provided.

As problems like identity theft become more prevalent, now more than ever, Americans need to take their financial health seriously - and this information is of the utmost importance.

We are not going to be the agency where large businesses can masquerade as a small business and get a contract. We are closing down on fraud, waste and abuse.

Many folks think they aren't good at earning money, when what they don't know is how to use it.

Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.

We think nothing of protecting consumers from faulty toasters or unsafe cars. Is it unreasonable to suggest that investors are entitled to information they can trust before investing their hard-earned money? I don't think it's unreasonable at all.

If there is anything I would do differently in my life, it is that I would study business more. I'm trying to teach my daughter Chloe at an early age about investing and money so she's not afraid of it.

I am one of those artists who knows where their money is. I pay my bills; I take care of my mama. I handle my business. I am a businessman. I go to meetings and take care of things, so it's a lot more than just partying and turning up.

I can tell you that when you're counting every penny, knowing that you are a single bad decision away from bankruptcy, you inevitably lose focus on what really matters for your business.

Capitalist systems function less well without state protection of investors, lenders, and companies against monopoly, deception, and fraud.

I'm a big advocate of financial intelligence.

Studies indicate that most of young adults struggle to grasp even the most basic financial principles that will allow them to manage money and prepare for their future.

Financial literacy is just as important in life as the other basics.

People should not expect the state to protect them from fraudsters. If we do, we get into the habit of neglecting our own powers of intellectual discernment.

I believe that through knowledge and discipline, financial peace is possible for all of us.

The people who don't know personal finance have TV shows about it.