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The sad thing is many people learn how to manage money after they've made a lot of financial mistakes, some that take decades to fix.

Michelle Singletary

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Michelle Singletary
Age: 54
Columnist
Financial Planner
Journalist
Writer
Take
Many
Manage
Thing
Decades
Made
Mistakes
People
Financial
Mistake
Learn
Money

More quotes by Michelle Singletary

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I use my financial values to set my limitations. I have three children I want to put through college debt free. So that means I can't spend wildly or with disregard.
Michelle Singletary
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You'll feel better when you get all that debt off your back.
Michelle Singletary
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I think you can save and spend to live for however long you live. You just have to be flexible if things don't go as plan.
Michelle Singletary
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I've found that when you can quickly knock out debt you get motivated because you see progress. Then you attack the other debt so fast that even if it's at a higher interest rate, you don't end up paying much more because you've gotten rid of it.
Michelle Singletary
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You made a decision given your life circumstances and you have to be ok with that. Regrets that can't be change is just torturing yourself.
Michelle Singletary
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That's is life. You move and change according to things that happen to you and things that you make happen because of poor choices.
Michelle Singletary
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If you'll have enough saved and nobody has to take on debt and you want to retire, shoot go for it.
Michelle Singletary
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Once you finish paying for college you could reduce your life insurance.
Michelle Singletary
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My rule is when in doubt hire a professional. You could do it just this year and then you have direction to resume doing it yourself after the consultation. What you don't want is to do it wrong and be hit by a huge tax bill. Remember the old saying, Don't be pennywise and pound foolish.
Michelle Singletary
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Don't let people scare you from a career that may not net you a six figure salary. If you want to be a teacher, teach. But knowing that your salary may only reach a certain level, do all that you can to become the best money manager you can be.
Michelle Singletary
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A foreclosure does not define you financially.
Michelle Singletary
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We know intellectually that money can't buy happiness yet we spend and go into debt as if it does.
Michelle Singletary
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If you haven't saved, your child may have to work. But do what you can to NEVER take out student or parent loans.
Michelle Singletary
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Not all Trump supporters are bigots. They believe he had something to offer. I may disagree. You may disagree but we need to be civil to each other. Use the facts to make your point. I had read that the clothes made by some of the brands use sweatshops. Facts folks not feelings. We all have to live with each other and our choices.
Michelle Singletary
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Set up rules for when you will give not lend money. Never lend. My people know that I'll help with college. I'll help if they lose they job thu no fault of their own.
Michelle Singletary
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You shouldn't invest the money if you are looking to use it within five years. Too much risk.
Michelle Singletary
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Priorities lead to prosperity.
Michelle Singletary
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There are other ways to motivate students than requiring them to take on debt or work long hours taking away from their studies. For example, we don't allow our kids to work during the school hours their freshman year. After that, they can work a little but not so much that it hurts their education.
Michelle Singletary
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Save what you can toward the emergency and life happens fund. But don't worry yourself sick at the slow growth. The point is it's growing even it's just one dollar at at time.
Michelle Singletary
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The schools can't cover all the values that go along with how you handle your money. For example, a financial literacy class might not teach me to hate debt the way my grandmother, Big Mama did.
Michelle Singletary