Andre Iguodala Quotes

Remember that credit is money.

You don't need credit.

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!'

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.

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.

When you borrow money, you should always think how you're going to pay it back.

You should be able to do anything you can afford as an adult.

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

Financial literacy is just as important in life as the other basics.

High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.

Many kids come out of college, they have a credit card and a diploma. They don't know how to buy a house or a car or health insurance or life insurance. They do not know basic microeconomics.

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.

Credit is an 'I love debt' score.

A person's credit report is one of the most important tools consumers can use to maintain their financial security and credit rating, but for so long many did not know how to obtain one, or what to do with the information it provided.

I'd say the main way people get into terrible financial trouble is just to spend too much money relative to their income, and that is an endemic problem in the United States of America, and that's the kind of thing that should be taught about in schools.

I want parents to teach that academic intelligence is essential, but so is financial intelligence.

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.

Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

The education system should teach us about money; it's an incredibly big subject. I run into people all the time that don't have the first clue of what they should do about money.

I am all for trying to teach household finance in schools, starting as early as possible. And when it comes to high school, I think learning about compound interest is at least as important as trigonometry or memorizing the names of all 50 state capitals.

I have kids in high school that don't know how to balance a checkbook. We need to have that fundamental understanding of economics as we move forward to develop the next generation of young people.

Because the American credit reporting system relies on both good and bad reports of creditworthiness, a consumer must have some kind of credit - not just the absence of bad credit.

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 am certain, from experience, of the immense advantage of strict account-keeping in early life. It is just like learning the grammar then, which when once learned need not be referred to afterwards.