Jeff Raikes Quotes

You have no control over the market. You can't predict where it will go, and you can't bring it back from the depths. What you can do is save more. Make sure you have cash on hand - an emergency fund of at least six months of expenses.

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.

Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.

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

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

Much of the traditional thinking about cash is well intentioned but unrealistic. Should you have six months of living expenses in the bank for emergencies? Sure. Do you? Probably not.

It may take you months or even a few years to build up an adequate emergency savings fund. That's okay.

it is easier … to stave off adversity than to preserve prosperity.

First, you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days.

When you don't spend or invest in the future, you can't always get away with it.

It doesn't matter how big of a company you have: I always tell people that you are one job away from being broke. And if you don't live that way, you'll be broke.

I must know every aspect of my personal finances. Managing your money will help you make your money work for you.

Financial security and independence are like a three-legged stool resting on savings, insurance and investments

Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.

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

Keep your shop, and your shop will keep you.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

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.

I do not give money for just mere hopes.

Money demands that you sell, not your weakness to men's stupidity, but your talent to their reason.

If you're not staying on top of your money, you are putting your financial well-being at risk.

Do not leave yourself or your family unprotected against financial storms... Build up savings.

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.

My giving is discretionary, but keeping the business going is not.

I've always been terrified about not having money. I've been a big saver and a big earner. When I've been out of work, I've always found another job. I never wanted to get into debt, because money was very tight when I was growing up. I never felt deprived, but I couldn't have the things I wanted.