Kenneth Langone Quotes

For the vast majority of Americans who work hard and play by the rules, paying the bills may be hard some months, but it's something we always do.

There can be no freedom or beauty about a home life that depends on borrowing and debt.

I'd say the main way people get into terrible financial trouble is just to spend too much money relative to their income, and that is an endemic problem in the United States of America, and that's the kind of thing that should be taught about in schools.

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.

I'm constantly questioning the effects technology has had on our lives and the effect that monetary debt has had on all of us. We keep this as a dark little secret: 'This is how much interest I owe.'

Today, there's no excuse for not learning how to get our financial houses in order. Some of us close our eyes, take a deep breath and say a prayer when it comes to managing our finances.

Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.

Let us all be happy, and live within our means, even if we have to borrow the money to do it with.

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

It takes as much imagination to create debt as to create income.

I had my electricity turned off three times because I never had time to pay my bills. It was a joke. I'm making a ton of money, and I'm walking around my apartment with flashlights.

I'm more of a debit card person, and I live in the 'now'. I don't like credit cards anymore. I try to live with whatever I can afford and don't try to put myself in an awkward position. I've done that before.

My eye muscles hurt now when I read our MasterCard bill.

Part of the problem I find with money books is that there's this whole set of money books that make you feel almost guilty to spend a dollar.

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.

I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.

My dad was fiscally conservative, and I was influenced by that. He didn't believe in spending more than you had because it gets you into trouble.

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

I was brought up in an environment where my parents expressed their financial concerns in front of their children.

I have to tell you, I live paycheck to paycheck like most Americans. It's very difficult for me to say, 'Hey, I can give up my paycheck,' because the reality is, I have financial obligations that I have to meet on a month-to-month basis that doesn't make it possible for me.

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

People willy-nilly borrow for consumption. Civil servants willy-nilly borrow for consumption and then wonder why they don't have enough money at the end of the month.

Let us all be happy and live within our means, even if we have to borrow the money to do it with.

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.