Alexa Von Tobel Quotes

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

It takes some discipline and hard work, but relying on credit when things go wrong is a trap.

I've had to take out a couple of loans; I'm not gonna lie. I want to pay off my debts. I want to start stacking some cash and set myself up for the future.

If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.

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.

Some people are just stuck in their ways and have been brainwashed into believing that credit cards and debt are an unavoidable part of life.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

I don't like being in debt, and I wouldn't borrow money for anything.

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.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

Make this the year you tackle that credit card debt once and for all.

Pull in your belt, spend less, and reduce debt.

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.

You can't be in debt and win. It doesn't work.

It's not surprising so many people end up with credit-card debts. Saving for your retirement and buying a house are difficult things, and we don't educate people about them at all.

I've always had an aversion to debt.

It's never been more important for borrowers to arm themselves with knowledge and build sound financial-management skills.

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

Get rid of debt now.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

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.

You cannot continue to pay what you don’t have.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

We need to have a goal of becoming debt-free as soon as possible.

Borrowing isn't inherently bad; it depends a lot on what the debt is financing.