A Quote by Suze Orman

It may take you months or even a few years to build up an adequate emergency savings fund. That's okay.

Suze Orman

Quote Topics

Adequate Build Emergency Even Few Fund May Months Okay Savings Take Up Years

Quote Author

Suze Orman
American - Author
Born: June 5, 1951

Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.

Suze Orman

Do you have an emergency fund? If not, build one - aim for three months of expenses to start, then boost it to six. It will ease your anxiety and get you out of a potential jam.

Jean Chatzky

If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.

Suze Orman

Women who have it all should try having nothing: I have no husband, no children, no real estate, no stocks, no bonds, no investments, no 401(k), no CDs, no IRAs, no emergency fund - I don't even have a savings account. It's not that I have not planned for the future; I have not planned for the present.

Elizabeth Wurtzel

If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.

Suze Orman

Bridges and roads take years to build, but too often, states and communities haven't known if funding will be there for them more than a few months at a time.

Anthony Foxx

I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.

Suze Orman

If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.

Suze Orman

You have no control over the market. You can't predict where it will go, and you can't bring it back from the depths. What you can do is save more. Make sure you have cash on hand - an emergency fund of at least six months of expenses.

Jean Chatzky

The nation's largest savings and loan, Washington Mutual, has become the biggest bank failure in history. See, the problem with the savings and loans? Not enough savings, too many stupid loans, okay In fact, they changed their name from WaMu to 'screw you.'

Jay Leno

Having a separate fund for the things in life that happen, helps keep the emergency fund in tact in case you lose your job or income.

Michelle Singletary

The habits of a lifetime when everything else had to come before writing are not easily broken, even when circumstances now often make it possible for writing to be first; habits of years - responses to others, distractibility, responsibility for daily matters - stay with you, mark you, become you. The cost of discontinuity (that pattern still imposed on women) is such a weight of things unsaid, an accumulation of material so great, that everything starts up something else in me; what should take weeks take me sometimes months to write; what should take months, takes years.

Tillie Olsen

Finding initial funds is the primary barrier most entrepreneurs face. Many people don't have three or six months' worth of savings to free themselves up to do months of unpaid legwork.

Andrew Yang

Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.

Suze Orman

Most new moms, and even experienced moms, have questions in the months after giving birth. Pregnancy books don't explain everything, and you may be caught off guard by some things that are happening both to you and to your baby in those first few months.

Molly Sims

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

A Quote by Suze Orman

Quote Topics

Quote Author

Related Quotes

Related Authors