Suze Orman Quotes

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.

If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.

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.

I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.

I'm not broke. Like everybody else, I owe money.

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.

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

Find $50 a month for savings. No excuses!

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

Pull in your belt, spend less, and reduce debt.

If you're trying to get out of debt, you have to be willing to treat everything as expendable.

Too often, we make budget cuts - then blow the savings. Instead, think about your financial picture. Do you have high-interest rate debt? Paying it off faster will save you a bundle.

You don't want to have so much money going toward your mortgage every month that you can't enjoy life or take care of your other financial responsibilities.

I have never had personal debt and never will.

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.

One valuable lesson I learned is that buying cheap is very important. Buying without debt is also very important. Leverage is your enemy.

You want 21 percent risk free? Pay off your credit cards.

The way to build your savings is by spending less each month.

By working toward a financial objective, you'll start to see the money add up for retirement or the credit card balance go down. But it doesn't have an immediate impact on your day-to-day life, and when it does - like when you're pinching pennies to save more - the immediate impact could feel negative.

It takes as much imagination to create debt as to create income.

I very rarely use a credit card, but I do if I know I have big bills coming and I need to stagger payment.

Make this the year you tackle that credit card debt once and for all.

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

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.