Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Toward
Rent
Spend
Payment
Balance
Savings
Wants
Paying
Money
Saving
Haves
Must
Debt
Payments
Things
Rule
Thumb
Like
Car
Thumbs

More quotes by Elizabeth Warren

Image
Look at the big-ticket items, in your budget. Your home or apartment. Your car. Your insurance. If you are overspending on these big monthly bills, then money's draining out of your pocket a lot faster than you can replace it by clipping coupons or buying cheaper coffee.
Elizabeth Warren
Image
You know, the old version was about balancing a checkbook. The new version is about the risks of debt, which is so much more widely available. So I think it's important that we design relevant financial literacy courses, and teach them starting early in grade school.
Elizabeth Warren
Image
Credit cards are like snakes: Handle 'em long enough, and one will bite you.
Elizabeth Warren
Image
Donald Trump is a threat economically to America.
Elizabeth Warren
Image
My mother said, if you don't have the cash, don't buy it. And on that, my mother was right.
Elizabeth Warren
Image
I don't like credit cards. They make overspending very easy. They can make life a lot more complex and stressful.
Elizabeth Warren
Image
The choice before us is simple. Will we continue to subsidize the dirty fossil fuels of the past, or will we transition to 21st century clean, renewable energy?
Elizabeth Warren
Image
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
Image
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
Image
Good for Warren Buffett that he can afford to do that! Some people, sometimes, need to finance a purchase or rent a car, and a credit card becomes a necessity.
Elizabeth Warren
Image
This country isn't working for working people. It's working only for people at the top. That's not the American dream. That's the American nightmare.
Elizabeth Warren
Image
That's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow it with opportunity. And we build it together.
Elizabeth Warren
Image
I'm really concerned that 'too big to fail' has become 'too big for trial'.
Elizabeth Warren
Image
I once had half a cup [of coffee], twenty years ago, and I'm still working it off.
Elizabeth Warren
Image
Now look, you built a factory and it turned into something terrific or a great idea, God Bless, keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and paid forward for the next kid who comes along.
Elizabeth Warren
Image
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
Image
It's powerfully important that our kids get an education in personal finance.
Elizabeth Warren
Image
Look around. Oil companies guzzle down the billions in profits. Billionaires pay a lower tax rate than their secretaries, and Wall Street CEOs, the same ones the direct our economy and destroyed millions of jobs still strut around Congress, no shame, demanding favors, and acting like we should thank them. Does anyone here have a problem with that?
Elizabeth Warren
Image
Our number one responsibility is to protect Americans from terrorism, that’s our job, so being tough on terrorism is enormously important.
Elizabeth Warren
Image
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