Suze Orman Quotes

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?

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 don't want to have so much money going toward your mortgage every month that you can't enjoy life or take care of your other financial responsibilities.

Get rid of debt now.

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.

If you're able to pay your bills, you pay your bills. It's as simple as that.

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

I need to be able to save some money, so I can buy a house.

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

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

You want 21 percent risk free? Pay off your credit cards.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

Owning a home is a keystone of wealth - both financial affluence and emotional security.

Many people are in the dark when it comes to money, and I'm going to turn on the lights.

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

Some financial advisers say anyone who may move in less than seven years should not take out a reverse mortgage.

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

I'm not broke. Like everybody else, I owe money.

Too often, we make budget cuts - then blow the savings. Instead, think about your financial picture. Do you have high-interest rate debt? Paying it off faster will save you a bundle.

A penny saved is not a penny earned if at the end of the day you still owe a quarter.

I often say that paying off your debt is like dieting. There are no miracle cures; it takes discipline and hard work.

I've been able to pay the bills. I've been able to pay off my student loans. I was a homeowner before anything happened in the larger public eye.

One of the biggest challenges is that once somebody realizes that they're ready to buy a home, then they realize that they haven't prepared properly, and it takes a while.