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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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Michelle Singletary
Age: 54
Columnist
Financial Planner
Journalist
Writer
Students
Parent
Child
Loans
May
Loan
Take
Student
Children
Saved
Work
Havens
Never
Haven

More quotes by Michelle Singletary

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Money may not buy love, but fighting about it will bankrupt your relationship.
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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My husband and I are pretty good at leaving money alone until we need it for what we've saved it for.
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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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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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
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You are rich if you have enough to meet your most basic needs. You are rich if you have access to clean water, food, shelter, love, a roof over your head.You have to count your blessings to see that you are richer than you think.
Michelle Singletary
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I've decided to keep working until my last kid is thu college.
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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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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Once you finish paying for college you could reduce your life insurance.
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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Having fun time is a good use of your money.
Michelle Singletary
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We all only have a certain amount of money and that means yes, we have to make choices and sometimes those choices mean we don't get what we want.
Michelle Singletary
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You still need to save but being debt-free in retirement is and should be a goal.
Michelle Singletary
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We all fall - even me.
Michelle Singletary
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It's why this election was HORRIBLE. It was either Hilary is the devil and Trump a saint. Or Trump the devil and Hilary a saint. Can't we all have a decent, civil conversation without throwing shade?
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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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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The rich are depressed because they realize their money can't buy them out of their issues.
Michelle Singletary