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Goals work. Pick one debt, and then put every dime into paying down that one debt. Once that debt is paid off, start paying down the next debt. Pretty soon it's time to move from paying debt to building savings.

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
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Picks
Moving
Debt
Dime
Next
Soon
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Paid
Savings
Every
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Pick

More quotes by Elizabeth Warren

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I'm really concerned that 'too big to fail' has become 'too big for trial'.
Elizabeth Warren
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President Obama believes in a country where we invest in education, in roads and bridges, in science and in the future, so we can create new opportunities so the next kid can make it big, and the kid after that, and the kid after that. That's what president Obama believes.
Elizabeth Warren
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We have to rethink how to teach financial education in the 21st century.
Elizabeth Warren
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The game is rigged to work for those who already have money and power.
Elizabeth Warren
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Donald Trump is a person who is an insecure money-grubber who cares about nothing but himself.
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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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
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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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Student loan debt is crushing young people. And so they're not doing the things we would expect them to do. They're not moving out of their parents' homes in as big a numbers, they're not saving up money for down payments, they're not buying homes or cars or starting small businesses or doing any of the things that help move this economy forward.
Elizabeth Warren
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College students today are drowning in debt, and it is hurting them and hurting our economy. We must find a way to help families pay for college without condemning them to a lifetime of indebtedness.
Elizabeth Warren
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Cars, toys, aspirin, meat, toasters, water - nearly every product sold has passed basic safety regulations well in advance of being marketed and sold. But consumer credit is a kind of buyer-beware, wild west. That is partly the result of history.
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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You built a factory out there, good for you. But I want to be clear. You moved your goods to market on the roads that the rest of us paid for. You hired workers that the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for.
Elizabeth Warren
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Nobody's safe. Health insurance? That didn't protect 1 million Americans who were financially ruined by illness or medical bills last year.
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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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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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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Part of my job is to make sense of all that I hear, and to retell it in a forceful way so that the decision-makers at Treasury can hear it. At least that's how I see it.
Elizabeth Warren
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There are a lot of things that people say about Hillary Clinton. But nobody says that she doesn't know how to throw a punch.
Elizabeth Warren