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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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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
Balance
Savings
Wants
Paying
Money
Saving
Haves
Must
Debt
Payments
Things
Rule
Thumb
Like
Car
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Rent
Spend
Payment
More quotes by Elizabeth Warren
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
People feel like the system is rigged against them, and here is the painful part, they're right. The system is rigged.
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I can remember riding in the car with [my daughter] Amelia, when she was very small, and we'd talk about money the same way we'd talk about sparkly shoes or what had happened at school.
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We should be talking about expanding Social Security benefits - not cutting them.
Elizabeth Warren
We lose eight children and teenagers to gun violence every day. If a mysterious virus suddenly started killing eight of our children every day, America would mobilize teams of doctors and public health officials. We would move heaven and earth until we found a way to protect our children. But not with gun violence.
Elizabeth Warren
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
We need to remind politicians they don't work for the big banks - they work for us.
Elizabeth Warren
I once had half a cup [of coffee], twenty years ago, and I'm still working it off.
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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.
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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
No, Governor Romney, corporations are not people. People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters. That matters because we don't run this country for corporations, we run it for people.
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We have to rethink how to teach financial education in the 21st century.
Elizabeth Warren
There is nobody in this country who got rich on his own.
Elizabeth Warren
My mother saved our home with a minimum wage job. But in the 1960s, a minimum wage job would support a family of three above the poverty line. Not today. Not even close. I understood right then that people can work hard, they can play by the rules, and they can still take a hard smack.
Elizabeth Warren
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
I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.
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Why is the Keystone Pipeline the very first, #1 item on the Republicans' agenda? We know that this pipeline runs terrible environmental risks and it just won't do much for the American people. So why is this bill so urgent? Money and power.
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Keep a little space in your heart for the improbable. You won't regret it.
Elizabeth Warren
Сount dollars, not pennies. Look at the big-ticket items, in your budget.
Elizabeth Warren
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