Dmitry Medvedev Quotes

I don't like being in debt, and I wouldn't borrow money for anything.

Remember that credit is money.

Will I be sensible and pay off the mortgage? Not a chance.

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.

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.

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.

Credit is an 'I love debt' score.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

Families out there know that if they get in trouble and they've spent up a bunch of money and they've borrowed and they are up to hock to their necks, the thing they've got to do is start paying off what they owe and cut back their spending.

When I was young I would spend more money than I should with my credit card but my father cut it off, so I had to find creative ways of making money.

I've always had an aversion to debt.

I have never had personal debt and never will.

If you put a purchase on a charge card, you're paying it off forever. You have to know how to pay it off before you go deeply in debt.

If you don't have the money management skills yet, using a debit card will ensure you don't overspend and rack up debt on a credit card.

I have only ever borrowed money for investment. I have been sound money all my life.

The answer to too much debt is not more debt; it is less debt.

It takes some discipline and hard work, but relying on credit when things go wrong is a trap.

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

You can get in and out of credit cards in a hurry. Not so easy to get in and out of mortgages.

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.

When you get to college, they're never teaching you how to start a credit line or get a loan on a car, things of that nature.

A lower interest rate doesn't make a debt go away.

We often pay our debts not because it is only fair that we should, but to make future loans easier.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

I say all the time I think there should be some courses in the regular schooling system that isn't, even like about credit, things that matter later in life. I learned the harder way: 'Look, I got a $500 credit card in the mail, let's go shopping!'