QUOTES by Jean Chatzky
Find most favourite and famour Authors from A.A Milne to Zoe Kravitz.
Whether it's fly-fishing, taking your camper to the Everglades, or just traveling, everyone has got a little retirement dream.
Quote by -Jean Chatzky
It doesn't help to follow every rise and fall of your portfolio. It's better to tune out the day-to-day shifts, in fact. But getting a handle on the larger picture will make you feel more secure, and that goes a long way in calming your fear.
Quote by -Jean Chatzky
I give out similar advice all the time: Take a month to write down where your money is going. By the end, you'll have a road map that tells you where you can cut back.
Quote by -Jean Chatzky
You can cut the fat from your spending: Stop taking taxis, call your cable company and ask for the same deal new subscribers get, have dinner at home and then a drink out instead of a $100 meal with wine.
Quote by -Jean Chatzky
In a relationship where finances are shared, it's important that both people know what's going on. If one spouse likes being the family accountant, it's fine for that person to take the lead, but the other spouse shouldn't be in the dark.
Quote by -Jean Chatzky
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.
Quote by -Jean Chatzky
If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan or 20% for a jumbo loan - you might not be able to refinance at all, at least with a loan that's packaged and sold to Fannie Mae and Freddie Mac. That means you may have to pay a much higher rate.
Quote by -Jean Chatzky
If you're closing in on age 62 and intend to apply for a former spouse's Social Security benefit, don't remarry. You have to be single at the time you apply.
Quote by -Jean Chatzky
If you live in a yard sale kind of neighborhood - in good weather, most neighborhoods are crawling with them on weekends - do a sweep to see what the competition is charging. No one is going to buy your $7 book if they can get it down the block for $1.
Quote by -Jean Chatzky
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.
Quote by -Jean Chatzky
You may be basing a portion of your self-worth on your bank account without even realizing it. Try to pinpoint the activities and qualities that, free of charge, fulfill you.
Quote by -Jean Chatzky
Anticipating a boomerang child seems the odds-on thing to do. Think about furnishing - hello, sleeper sofa - with this in mind.
Quote by -Jean Chatzky
No purchase is so urgent, no bargain so rare, that you don't have time to research it thoroughly, despite what they might have you believe. This applies, in particular, to infomercials that urge you to 'Call now, while supplies last,' or 'Call in the next 10 minutes for a free gift.'
Quote by -Jean Chatzky
I've never been a fan of loans between relatives or friends. They can divide relationships.
Quote by -Jean Chatzky
It's not exactly a big surprise that women mature earlier than men do. As a result, they tend to display better judgment, particularly when it comes to money.
Quote by -Jean Chatzky
Eliminating or substantially lowering just one major monthly expense can give you enough cushion to move into a more comfortable place financially.
Quote by -Jean Chatzky
At the time of my second marriage, my husband was in his early 50s, I was in my mid-40s, and we each had two kids. We maintained our individual accounts and opened one for the house. We each kick the same percentage of our incomes into the house account and have a joint credit card. But we pay for our children separately.
Quote by -Jean Chatzky
In money, and in life, you are very often your own worst enemy. You promise yourself you're going to diet, then eat not one or two French fries but a whole plate. You decide to really commit to saving for retirement, only to wind up with a new pair of shoes in your closet.
Quote by -Jean Chatzky
I've gotten emails from people who purchased items from an infomercial, only to find out that the shipping was more expensive than the item itself. The lesson: If you truly want to order something you see on TV, go online to the product's website and see if you can find out more information.
Quote by -Jean Chatzky
Being charitable provides a boost to your psyche that is tough to replicate in any other way. But note that although any charity will happily take your money, you can give in other ways and still reap the same happiness reward. Volunteering and donating your old or unused belongings have the same result.
Quote by -Jean Chatzky
I love a hotel that offers Wi-Fi Internet access, especially if it's free. But I never access sensitive information, like my bank account or an online shopping site that stores my credit card information, on a public Wi-Fi connection.
Quote by -Jean Chatzky
Show your kids that needs and wants are two different things. The best way to teach our kids to be smart consumers - and savvy savers - is to model good behavior for them.
Quote by -Jean Chatzky
Garnishments tend to happen when people hide from their debts and stop making even minimum payments. Eventually, creditors sell the debt to a collection agency.
Quote by -Jean Chatzky
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.
Quote by -Jean Chatzky
Many of us, if pressed, would admit that we'd prefer a cash gift to another pair of pajamas or bestselling novel. But giving the green can make even the best of us uncomfortable - the etiquette is confusing, and those who relish picking out the perfect something can miss some of the fun.
Quote by -Jean Chatzky
I'm big on setting goals, but I also think that if you have too many lofty ambitions and set goals for everything, you can sabotage your efforts by overextending your brain.
Quote by -Jean Chatzky
Your retirement comes before your children's tuition. That's because there's no financial aid for retirement, and there's still a good deal available for college.
Quote by -Jean Chatzky
If you're just starting out in the workforce, the very best thing you can do for yourself is to get started in your workplace retirement plan. Contribute enough to grab any matching dollars your employer is offering (a.k.a. the last free money on earth).
Quote by -Jean Chatzky
If you have had the same dishwasher for 10 years or more, don't bother repairing it. The average dishwasher is expected to last nine years, and you've most likely squeezed as much life out of it as you can.
Quote by -Jean Chatzky
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.
Quote by -Jean Chatzky
Weak passwords are a crook's best friend. Make yours long and complex, and change them often - not just on your bank account but on your email and social media, too.
Quote by -Jean Chatzky
When something you use again and again is on sale, take advantage. This strategy doesn't apply to perishable items, and you don't want to buy so much more than you need just to get a deal, but if you know you're going to use a product eventually, it pays to take advantage of the cheaper price.
Quote by -Jean Chatzky
I know it's exciting to get an item on sale. But if you're buying for the discounts and not because it's something you need or want - either for yourself or for a gift - you're going about things the wrong way. Think of it this way: Saving 30% is great, but if you didn't buy at all, you'd be saving 100%, which is even better.
Quote by -Jean Chatzky
If salary is your most important consideration, make sure you don't take too much time off beyond the allotted 12-14 weeks of maternity leave - and certainly don't leave altogether.
Quote by -Jean Chatzky
No one anticipates divorce when they're exchanging vows, and it can be devastating emotionally and financially. To ease the financial side of the blow, you need to maintain your financial identity in your relationship. That means having your own credit history - you need your own credit card - and your own savings and retirement accounts.
Quote by -Jean Chatzky
Our culture highlights the desire to always have more, even when we should be grateful for what we have.
Quote by -Jean Chatzky
Nontraditional students often have the misconception that aid is intended only for high school students entering college. Luckily, that's not the case.
Quote by -Jean Chatzky
Do you have an emergency fund? If not, build one - aim for three months of expenses to start, then boost it to six. It will ease your anxiety and get you out of a potential jam.
Quote by -Jean Chatzky
July is high burglary season because so many people leave town. To help avoid making that obvious, suspend your newspaper subscription and have your mail held. Another clear indication is if all your lights are off for an extended period. To fix that, you can buy a timer for about $30.
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You can refi your car loan just like you can refi your mortgage. It's even easier and less expensive. There's no appraisal process, and fees are minimal for a new car title. A couple of caveats: Most lenders require that the car be less than five years old and have a minimum loan balance of $7,500.
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Knowing where you stand in your quest to accumulate enough money for retirement is an incredibly important part of the planning process.
Quote by -Jean Chatzky
When you're setting up a budget, a general rule is to start with your fixed expenses - your housing and insurance payments, and car payment, if you own one.
Quote by -Jean Chatzky
Many people focus on the 4 percent rule, which essentially says that as long as you withdraw no more than 4 percent from your retirement accounts each year, the money should last you 30 years.
Quote by -Jean Chatzky
Every minute you spend looking through clutter, wondering where you put this or that, being unable to focus because you're not organized costs you: time you could have spent with family or friends, time you could have been productive around the house, time you could have been making money.
Quote by -Jean Chatzky
Once you're retired and are no longer counting on earned income to live on and supplement your nest egg, you're done with disability insurance. At that point, though, the need for long-term care insurance - which protects you from spending that nest egg too fast - takes over.
Quote by -Jean Chatzky
You'll get the biggest bang for each buck by paying off the highest interest rate debt in your portfolio first, while making minimum payments on the remainder. It's called the avalanche method, and it gets you out of debt cheapest and fastest.
Quote by -Jean Chatzky
One of my rules is: If it's good for the planet, it's usually good for your wallet.
Quote by -Jean Chatzky