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Once kids get older, the list is longer. So here goes: Stay out of debt. Sometimes debt is necessary, to buy a home or to get an education, but not to buy a sweater or to eat out.

Elizabeth Warren

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Elizabeth Warren
Age: 75
Born: 1949
Born: June 22
Economist
Jurist
Lawyer
Politician
Teacher
United States Senator
University Teacher
Writer
Oklahoma City
Oklahoma
Elizabeth Ann Warren
Senator Warren
Elisabeth Warren
Education
List
Kids
Lists
Home
Debt
Sometimes
Older
Necessary
Stay
Longer
Sweater
Goes
Sweaters

More quotes by Elizabeth Warren

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Get your money in balance. One rule of thumb is 50/30/20. Spend about 50% of your money on must-haves - things like rent, car payments - and about 30% on wants, while 20% should go toward savings and paying down debt.
Elizabeth Warren
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We should be talking about expanding Social Security benefits - not cutting them.
Elizabeth Warren
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Refinancing won't fix everything that's broken with our [American] higher education system. We've got to bring down the cost of college. And we need more accountability for how schools spend federal dollars.
Elizabeth Warren
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Accountability for the largest financial institutions on Wall Street is the bedrock for a strong economy. Hard-working families and honest businesses cannot survive in a world where the rules don’t keep the marketplace honest.
Elizabeth Warren
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Credit cards are like snakes: Handle 'em long enough, and one will bite you.
Elizabeth Warren
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My advice is to treat [credit cards] like what they are: little plastic grenades that must be handled very carefully.
Elizabeth Warren
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I'm willing to throw my body in front of the bus to stop bad ideas.
Elizabeth Warren
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Donald Trump is a threat to who we are as a people.
Elizabeth Warren
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It's pretty much how we get anything added to the curriculum. When parents said children needed to be computer literate, the schools started responding. The same thing is true of basic financial literacy.
Elizabeth Warren
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What do the Republicans say? Donald Trump? They say they're just going to roll back the Dodd-Frank regulations. They want to undermine the Consumer Financial Protection Bureau.
Elizabeth Warren
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The Republicans underestimated and underestimated and underestimated Donald Trump. And look where that got them. They kept saying, no, no, no, that's not going to happen, we don't have to worry about that.
Elizabeth Warren
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We don't win what we don't fight for.
Elizabeth Warren
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The bankers might not have said it in so many words, but gradually their strategy emerged: Target families who were already in a little trouble, lend them more money, get them entangled in high fees and astronomical interest rates, and then block the doors to the bankruptcy exit if they really got in over their heads.
Elizabeth Warren
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What we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.
Elizabeth Warren
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Keep a little space in your heart for the improbable. You won't regret it.
Elizabeth Warren
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I don't like credit cards. They make overspending very easy. They can make life a lot more complex and stressful.
Elizabeth Warren
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You didn't have to worry that marauding bands would come and seize everything in your factory and hire someone to protect against this because of the work the rest of us did.
Elizabeth Warren
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Adjusted for inflation, somebody going to college today to a state university, is paying about 300 percent of what her mom or dad did just 30 years ago.
Elizabeth Warren
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My daddy's response [to fear of being poor] was to never talk about money or what might happen if it ran out.
Elizabeth Warren
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You have two pages, that's the whole credit card agreement. The terms are clear and flat and easy to see so anyone can read them. So you could lay four credit cards in front of you and say, 'Oh, that's the one that has the highest rate, that's the one that has the really scary provision that could hurt me.'
Elizabeth Warren