Quote

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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Michelle Singletary
Age: 54
Columnist
Financial Planner
Journalist
Writer
Enough
Retire
Retiring
Shoot
Saved
Debt
Nobody
Take

More quotes by Michelle Singletary

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My writing is definitely influenced by and speaks to African-Americans because that is who I am. I'm black. I'm a black woman. I'm a black mother, wife, churchgoer, etc. I am the legacy of slavery.
Michelle Singletary
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We have to protect ourselves by doing our own homework.
Michelle Singletary
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Priorities lead to prosperity.
Michelle Singletary
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A foreclosure does not define you financially.
Michelle Singletary
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I love teaching people how to handle their money and I've built a brand on that skill.
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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The key to making sure your credit stays good is paying the bill on time. If you are paying the balance off even if there is something on the card in recent purchases, you are good.
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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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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You'll feel better when you get all that debt off your back.
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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There's nothing wrong with having a 9-to-5 job, but figure out a way to have another stream of income.
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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Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are carrying.
Michelle Singletary
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There are some dark days when I do receive some racist mail or emails. But overall the response to me has been very positive. Readers relate to me not just as an African-American, but as an American trying to make sense of her personal finance, just like them.
Michelle Singletary
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Once you finish paying for college you could reduce your life insurance.
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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If we don't want the companies to cheat on us, we shouldn't be cheating on them.
Michelle Singletary
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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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You shouldn't invest the money if you are looking to use it within five years. Too much risk.
Michelle Singletary