Jean Chatzky Quotes

If you'd asked me a few years ago about debt settlement companies, I probably would have told you to avoid them.

You really don't need to hire a debt settlement company to negotiate with your creditors.

If you're filing bankruptcy, you will likely want to hire an attorney. But for debt settlement, a company is sufficient, or as I said, you can often do the legwork on your own.

When debts are not paid because they cannot be paid, the best thing to do is not talk about them, and shuffle the cards again.

I have always advocated doing everything possible to pay off credit card balances; it's good financial management and the ticket to a strong FICO credit score.

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.

It's never been more important for borrowers to arm themselves with knowledge and build sound financial-management skills.

Get rid of debt now.

I don't think a bankruptcy is a good thing.

For all of us, it's very hard to think about money, and because of that, we need help. In the same way that for all of us, it is hard to eat well, and we need some help. The poor have a particular challenge, which is that their life is actually much more complex - and they're much more complex cognitively.

Nobody can solve debt problems like me.

Think What You Do When You Run in Debt: You Give to Another Power over Your Liberty

Lend less than you owe.

Hard work, careful planning, and realistic financial advice will be required by many to regain solvency.

Don't react with fear and panic in the face of debt collector threats. Talk to them and explain your situation. See if you can work out a compromise.

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

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

There's a great lack of financial literacy and understanding in this nation, even among college-educated people.

What I'm most proud of is that I paid off all the debts of my household.

When I bought my first house I had all these red flags on my credit report because I bounced a bunch of checks to places like Pizza Hut and stuff like that for $13 or $15 because I was trying to feed my O-linemen.

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.

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.

I've had to take out a couple of loans; I'm not gonna lie. I want to pay off my debts. I want to start stacking some cash and set myself up for the future.

I do think that all economies need a sense of fiscal discipline especially over the midterm and if you are in the middle of a debt crisis you can't borrow your way out of a debt crisis. That's logically impossible.

Right now I think I'm the smartest I've ever been. I'm doing everything great now and everything perfect. Like with this taxes stuff. I'm getting better at that. I'm making sure everything is a write-off. Every single thing.