Timothy Griffin Quotes

We should expand health savings accounts so people can save in a tax-advantaged way for more routine healthcare needs.

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

Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.

If poor people are spending their own money, it is amazing how fast they will figure out how to keep a lid on medical bills.

If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.

What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.

The best advice that I can offer is that being proactive and a careful planner is key. Think about the major things that could shake up your financial life, and I'll bet there are some great ways to protect yourself.

Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.

I have a personal prosperity plan. I know where my money goes, and how I can spend it more fruitfully. A prosperity plan is something fluid that may alter month to month.

With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings.

Anything that gets people to think harder about their financial security and take some responsibility is a good thing.

To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.

Make sure to save for the future and keep making money!

A financial plan is a way to take all of the money advice you come across and figure out how it applies to your specific financial situation.

I think the number one safe haven where people put their money is to invest in yourself first.

In my mid 30's, after a decade or so of giving full time to the music thing and finding myself with about $10 in the bank and no assets other than my musical equipment, I realized I needed to get serious about making a living.

Healthcare costs are rising, and not just Medicare and Medicaid, but healthcare in general.

A good financial plan is a road map that shows us exactly how the choices we make today will affect our future.

Almost every economist agrees that the American health care system is unsustainable. Medical care is so expensive that it is busting all of our budgets - government, business, and personal. Eventually, the medical price bubble will pop. What, then, are the alternatives?

My first objective is to invest, and if I have anything spare, then I spend.

I like putting my money into things like food and shelter. I'm probably a bad example of an investor.

It is never too early to encourage long-term savings.

I don't really think about my future. I don't really worry about anything. I just try not to spend all my money.

There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.

Not only am I a spender, I have had a couple of business people in the past who have been spending my money quite happily.