The rich are depressed because they realize their money can't buy them out of their issues. Michelle Singletary More Quotes by Michelle Singletary More Quotes From Michelle Singletary Once you finish paying for college you could reduce your life insurance. Michelle Singletary college 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 motivated debt progress 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 balance keys cards 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 growth sick worry You are NOT a financial failure if you rent. You are getting something for your money. A roof over your head. Michelle Singletary roof-over-your-head financial ifs 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 college jobs people When you give people who are being financially responsible money, you are enabling them to continue a bad habit. So you are actually helping by saying, "Love you but no." Michelle Singletary love-you giving people If we don't want the companies to cheat on us, we shouldn't be cheating on them. Michelle Singletary company want cheating I just don't like people taking debt into retirement. Michelle Singletary debt retirement people My grandmother was extremely smart when it came to money, but she also worried a lot about not having enough. So it's with her in mind that I aim to explain complicated financial things so the folks like her won't be afraid to make certain money moves. Michelle Singletary grandmother smart moving I knew I had found my life's passion after writing my first column for The Washington Post. The response was like nothing we had seen in the business section. Everyday people were writing that finally someone was speaking to them in a way that was understandable. I think we were all shocked at how many readers wrote in to say that they too had a Big Mama who taught them about money. Michelle Singletary passion writing thinking 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 poor choices moving 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 choices want mean Always keep an eye out for other opportunities. Michelle Singletary eye opportunity Sometimes your gut is right. And sometimes not. Michelle Singletary guts sometimes Many debt collectors offer a lump sum option so ask. And if you get it, make sure it's in writing and you keep the payoff statement FOREVER. Michelle Singletary debt forever writing 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 parent may children 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 hurt kids school My kids have to maintain good grades. They have to be involved in activities. They have to report to me how thing are going. I watch for any activity that would steer them wrong - drinking, drugs, etc. So their skin in the game is knowing the money won't be there if they don't do their part. Michelle Singletary drinking games kids If you'll have enough saved and nobody has to take on debt and you want to retire, shoot go for it. Michelle Singletary debt enough want
