Suze Orman Quotes

Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?

But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.

Believe it or not, when we were first married, our combined monthly student loan bills were actually higher than our mortgage.

A man in debt is so far a slave.

Anybody who has ever been in business, anybody who has ever paid bills, anybody who has ever lived in a serious adult life knows that indebtedness is a killer.

Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.

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.

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

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

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

Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.

Remember this: debt is a form of bondage. It is a financial termite.

The federal government requires that its loans be paid back within 10 years of graduation, and Harvard has pegged its loans to the same 10-year timetable. Yet despite Harvard's low default rate, the idea of years of loan debt is daunting for some students even before it's time to pay back.

If you've got a mortgage, and you've got bills to pay, you might tend to do some stupid things.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

I promise not to take my thousands of dollars in student loan debt and move to Mexico. At least not right away.

If you're one of the millions of people who have student debt right now, I'll help you refinance your loans at better rates.

Just like credit card companies, or those student loan people. Now there's evil for you.

First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.

Everyone has a salary. Everyone has hopes and dreams for where they can invest their money. Everyone wants to do the best they can with it, and they don't want to be subjected to any sort of predatory lending.

One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy.

Loans are a different experience for everyone, but the mentality you have to have is not to feel relaxed. You have to have a mindset that you're going to try harder and work harder than anyone.

The cost of money rises dramatically if you can't afford to keep it in a bank.

Borrowing isn't inherently bad; it depends a lot on what the debt is financing.

Unfortunately we were living beyond our means. I didn't do the bills, I didn't have any idea what our financial situation was. We had the cars, the boat, the motorcycles and the houses. I didn't even know. And then when we got a divorce there wasn't a lot of money to split up and what there was, was spent on the divorce. It was really difficult.