Robert E. Rubin Quotes

We all need to save money to send our kids to college, to buy our first house, and to retire. But the truth is that most of us don't save very much.

What is the alternative to Social Security for those at the lower end of the income distribution whose personal savings by definition are not going to be that high? There really isn’t any.

Saving for the future shouldn't be a privilege for the wealthy.

The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.

It's important to save your money. We need it for the long haul but too many Americans don't save and don't invest. It used to be that people would be proud of the fact that they were middle class. You'd have your church and buy a house and you had a car and everything else. Now, it's really, really tough. Everybody has financial issues except for the one percent.

Couples that do save have stronger, more stable, less stressful unions. In other words, you don't want to be fighting about saving; you just want to be saving, period.

I have enough money to last me the rest of my life unless I buy something.

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.

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.

And, I believe that if a man dies with a single penny still sitting in the bank, he's a fool.

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.

Some say the economy means that you have to persuade people to invest in clothes - to buy less things but more expensive things. I disagree - invest in jewelry, or a house, maybe, but not in fashion.

I'm no economist. I don't even play one on TV. I'm just a husband, a father, a taxpayer.

If you go and stop people at a supermarket and ask them for their receipt and say, 'Hey how much did you just spend?' middle class shoppers have no idea. The poor know what they just spent.

Now's the time to teach your 5-year-old kid about financing. If they can add, I suggest that you start teaching them about saving that money. And how their money can add up in the future. I think the more you prepare your children for the future, the better off they'll be.

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

The time to save for the future is now. Thanks to compounding interest, the earlier you start putting money away for the future, the more you will save.

This is a simple change that will provide a huge financial boost for many Americans, particularly low- to moderate-income families. It is an important step in making sure we do everything we can to encourage all Americans to save and plan for the future.

I never saved my money. Whenever I worked in the past, I would spend it on my family or my husbands.

When you have a lot of money, there's so many places you can go to manage your money. But when you don't have money, mathematically you actually need a financial plan more. You can't really afford to make mistakes. So why is this such a luxury product?

I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security.

Increased awareness and education could be a great help toward improving spending and saving habits and increasing participation and contribution levels to retirement plans.

You can be out of slavery and have the right to vote, but unless you have access to capital, industry and technology, you can't fulfill your dreams.

Research by James Poterba at the Massachusetts Institute of Technology finds that the wealth of the U.S.'s elderly is highly skewed. About half of retirees have little or no financial wealth when they retire and depend almost entirely on Social Security for their income.

People's - most people's job is talking about the future or like money not even in the present tense. It's not even paper.