Stephen Karam Quotes

My philosophy is to live below your means.

When money was plentiful, I was the first one who told you to stack it. Live your life with it. Now that money slowed up, I'ma be the one telling you to save it like they ain't gon' make it no more.

I've always saved. I believe in keeping money back for a rainy day and living within my means. I don't buy expensive clothes; I have a 10-year-old car I'm hoping to replace when a big job comes in. I suppose when we do go on family holidays, I am quite happy to spend when we are there.

I own nothing of value at all. I spend money on experiences.

The most important thing is to not waste your money.

I was never stupid with my money, because I grew up without it. So when I started to make some, I was like, 'Okay, first rule of thumb, I'm not buying it unless I've got the money to buy it,' so I have no debt.

If saving money is wrong, I don't want to be right!

I know that you've got to watch how you spend all the dollars. That's not the easiest thing to do. That's not what people think is the most fun thing to do, but it's the right thing to do.

I used to buy nice clothes and drive a nice car when I couldn't afford it. But I spent all my money doing it, and now I don't have to. I like nice things. I like to travel in a certain style. I like to live in a nice place.

Whatever you have, spend less.

The best money advice ever given me was from my father. When I was a little girl, he told me, 'Don't spend anything unless you have to.'

I try to do the right thing with money. Save a dollar here and there, clip some coupons. Buy ten gold chains instead of 20. Four summer homes instead of eight.

You have got to be the masters of your own financial future.

If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. Do this, and you will have calm and drowsy nights, with all of the good business you have now and none of the bad. If you have time, don't wait for time.

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 don't believe in spending money lavishly, now that I'm making money.

After two decades of personal finance reporting, I've heard every excuse in the book for not saving money. That said, none of them really hold up - at least over the long term.

Spend not on hopes.

When it comes to tackling your financial goals, whatever they might be, there's no time like the present.

It is thrifty to prepare today for the wants of tomorrow.

Frugality, when all is spent, comes too late.

It's always possible to spend more money.

My family wasn't rich, so when it comes to money, I tend to think, 'Err on the side of caution.'

When you get that signing bonus, don't start thinking about all the things you can do with $1 million.