Richard Thaler Quotes

I don't know if the money I've earned is going to need to last me for the next few weeks or the rest of my life.

Since I entered the league, half of my checks have always gone into a separate account... I pride myself on doing that. I've done it no matter the size of my contract or salary.

Put all of your savings on autopilot, and you won't likely notice the missing cash.

Youth should be a savings bank.

I have no proper money to invest!

Don't use your advance to buy an antique sports car, diamonds by the yard, or a bottle of wine from Thomas Jefferson's cellar instead of investing in your book.

I always encourage people to pay themselves first, so I really advocate setting up direct deposit for your paycheck and establishing an automatic transfer so that part of each paycheck goes straight into your savings account.

Use visual cues to prompt yourself to put away more. A photograph of the beach house where you and your husband can envision spending your retirement will remind you to bump up the contribution to your 401(k); a snapshot of your child in a college sweatshirt can encourage you to put more into a 529 college savings plan.

There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.

Countries get one chance in history of putting into place a savings retirement scheme on the scale of the Australian superannuation system.

Few people have any next, they live from hand to mouth without a plan, and are always at the end of their line.

To the hard-working people who set a little bit aside each month, to provide for their children, or to fund their own retirement, I say: you should be rewarded not punished.

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.

Find $50 a month for savings. No excuses!

The way to build your savings is by spending less each month.

Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.

I have a nest egg, and I don't buy above my means.

We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.

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.

The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.

Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers.

Have a well-thought financial plan that is not dependent upon correctly guessing what will happen in the future.

To enjoy a long, comfortable retirement, save more today.

Do not leave yourself or your family unprotected against financial storms... Build up savings.