Jean Chatzky Quotes

Debt settlement companies work as a middleman between you and your creditor. If all goes well (and that's a big if), you should be able to settle your debts for cents on the dollar. You'll also pay a fee to the debt settlement company, usually either a percentage of the total debt you have or a percentage of the total amount forgiven.

Get rid of debt now.

The idea that somebody is going to come in and make your debt go away and all be well for the future is really a fantasy.

At the end of every 7th year you must make a remission of debts…. Everyone who holds a pledge shall return the pledge to the person indebted to him. He must not press a fellow countryman for payment, for the Lord’s year of remission has been declared. You may press foreigners; but if it is a fellow countryman that holds anything of yours, you just renounce all claim on it.

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

You really don't need to hire a debt settlement company to negotiate with your creditors.

Let us avoid debt as we would avoid a plague; where we are now in debt, let us get out of debt; if not today...tomorrow.

Each cent you apply toward diminishing your debt replenishes you.

A debt may get mouldy, but it never decays.

Hee that gets out of debt, growes rich.

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

A man in debt is so far a slave.

There are no shortcuts when it comes to getting out of debt.

When debts are not paid because they cannot be paid, the best thing to do is not talk about them, and shuffle the cards again.

You'll get the biggest bang for each buck by paying off the highest interest rate debt in your portfolio first, while making minimum payments on the remainder. It's called the avalanche method, and it gets you out of debt cheapest and fastest.

You know the most important thing the Americans did for Iraq apart from liberating the country from Saddam was helping Iraq reduce its debt. The United States worked very hard to reduce 80 percent of Iraqi debt.

You need some quick wins in order to stay pumped enough to get out of debt completely.

I can tell you this, if it wasn't for my book royalties, I'd be in debt.

Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.

If you're trying to get out of debt, you have to be willing to treat everything as expendable.

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

It's an open secret that if a debtor is willing to wait long enough, he can probably get away with paying almost nothing, as long as he doesn't mind hurting his credit score.

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.

We all think we're going to get out of debt.

To bring down your credit card balances, write down the benefits of reducing your debt. No more gnawing feeling that you're throwing money away, perhaps. More money flowing to other financial objectives. Then consult the list when you have doubts.