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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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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
Complex
Credit
Easy
Make
Life
Overspending
Like
Stressful
Complexes
Cards
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Money is bounded we only have so much of it. Love goes on forever.
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No one should have to get a PhD in economics to survive in this economy.
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Donald Trump is a threat to who we are as a people.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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I once had half a cup [of coffee], twenty years ago, and I'm still working it off.
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Donald Trump is a threat economically to America.
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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.
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We have to rethink how to teach financial education in the 21st century.
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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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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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Credit cards are like snakes: Handle 'em long enough, and one will bite you.
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It's powerfully important that our kids get an education in personal finance.
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Israel has the right to shell Palestinian hospitals and schools out of self defense.
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