Top 1200 Financial Literacy Quotes & Sayings - Page 2

All financial success comes from acting on a plan. A lot of financial failure comes from reacting to the market

If you look at literacy tests in the South, for example, they were absurdly difficult and didn't measure literacy. They were simply measuring whether or not you were black. So at every moment when we've said, hey, we don't want certain people to vote because they are not educated enough, it is often simply become a way of excluding black and brown people.

For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.

I would teach how science works as much as I would teach what science knows. I would assert (given that essentially, everyone will learn to read) that science literacy is the most important kind of literacy they can take into the 21st century. I would undervalue grades based on knowing things and find ways to reward curiosity. In the end, it's the people who are curious who change the world.

So the misplaced assumption is that we have this whole new institutional element where these [financial] institutions are looking after their own financial interests before the financial interests of the principals, princi-pals whose interests they are really bound to observe first.

At the 1894 ALA conference it was fairly well agreed that the primary goal of the public library must be to teach good citizenship. Libraries recognized that such "Americanization" could be achieved through literacy. Thus, teaching immigrants to read was not just a benefit in and of itself; literacy would also serve the interests of democracy.

No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system.

I've been fortunate enough to experience financial success on a large scale through both my music career and my many business ventures. With this type of financial success comes financial responsibility.

And financial problems are exactly the same thing. You're humiliated. You're ashamed. You're embarrassed about telling anyone that you are suffering financial difficulties.

Without doubt, timely and democratic access to financial and market information contributes to smoothly functioning financial markets.

The financial crisis revealed important weaknesses in many areas of our financial system.

Smart financial planning - such as budgeting, saving for emergencies, and preparing for retirement - can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.

My biggest financial fear is dying and not leaving enough to see my daughter through to adulthood and financial independence.

Some of these biggest financial institutions are out there trading in commodities. They're buying oil tankers. This is not a financial system that has calmed down and is there to serve the American people.

One measure for promoting both stability and fairness across financial market segments is a small sales tax on all financial transactions.

In Selma, Alabama, in 1965, only 2.1 percent of blacks of voting age were registered to vote. The only place you could attempt to register was to go down to the courthouse. You had to pass a so-called literacy test. And they would tell people over and over again that they didn't or couldn't pass the literacy test.

To be the best CEO you can be, you have to be passionate about the business you're running. And I have true passion for the financial markets and the financial industry.

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets.

Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.

The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because CEOs and financial managers simply want to take their money and run. That is the financial mentality.

The industry financial advisers, on average about 85% male, tends to be a more mature financial adviser - so I think in their 50s, really. For so many companies, in their 60s. In fact, there is one company that was telling me they had more financial advisers over the age of 80 than under the age of 30.

You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.

Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.

The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.

Reading is like breathing in and writing is like breathing out, and storytelling is what links both: it is the soul of literacy. The most powerful tool that we have to strengthen literacy is often the most underused and overlooked, and that is a child's own stories.

The difference between both is that social entrepreneurship has a much more financial transparency. There is no financial viability and that is where a corporate sector makes a difference because we maintain a balance between both the financial status and the social service.

The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.

There?s a clear and strong connection between fertility reduction and women?s literacy and empowerment, including women?s gainful employment. If you look at the more than 300 districts of India, the strongest influences in explaining fertility variations are women?s literacy and gainful economic employment.

In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.

The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.

I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.

I think 'austerity' is a much abused word. I prefer to call it 'fiscal discipline' or financial, 'financial competency.'

The current system is organized around financial values over life values. We need to shift that locus of power down to the community level because the financial markets recognize only money and thereby only financial values.

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.

The financial markets tend to be just a backdrop for a novel, for a heist or something that isn't necessarily integral to it. On the whole, I don't think the financial world has been well served by novels.

Financial regulators should be particularly attentive to the financial consequences of their actions.

All financial doors are open; all financial channels are free, and endless bounty now comes to me.

In the wake of the 2008 recession, Congress and the Obama Administration rightly focused financial regulation on protecting the nation's financial system from itself.

We should think about what we mean by literacy. If you say, "He's a very literate person," what you really mean is that he knows a lot, thinks a lot, has a certain frame of mind that comes through reading and knowing about various subjects.The major route open to literacy has been through reading and writing text. But we're seeing new media offer richer ways to explore knowledge and communicate, through sound and pictures.

This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for a considerable period.

A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

Getting small things like Visa or driving licence should be made easier as we, in financial service sectors, are dealing with financial regulations and tax constraints.

Literacy is much more than an educational priority - it is the ultimate investment in the future and the first step towards all the new forms of literacy required in the twenty-first century. We wish to see a century where every child is able to read and to use this skill to gain autonomy.

Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that's wrong.

People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.

It is my vision that we all will dedicate the next decade to achieve universal literacy and education for all children, especially for girls. More than 145 million of the world's children are deprived of education due to poverty, exploitation, slavery, gender discrimination, religious extremism, and corrupt governments. May Three Cups of Tea be a catalyst to bring the gift of literacy to each of those children who deserves a chance to go to school.

With government deregulation and the triumph of financial liberalization, the dangers of systemic risks, the possibility of a financial tsunami, sharply increased.

A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.

In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.

FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.

The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.

By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.

During the Jim Crow era, poll taxes and literacy tests kept the African-Americans from polls. But today, felon disenfranchisement laws accomplished what poll taxes and literacy tests ultimately could not, because those laws were struck down. But felony disenfranchisement laws had been allowed to stand.

A financial plan is a way to take all of the money advice you come across and figure out how it applies to your specific financial situation.

Business leaders regularly complain that young people don't leave school with the right skills. Encouraging young people to be entrepreneurs makes the connection between school and the world of work, teaching them about practical thinking, team-work, communication and financial literacy.

Dr. King organized the Poor People's Campaign in 1968 to shut down Washington, D.C. and force legislators to tackle poverty. His efforts to shift focus from civil to silver rights were interrupted by his untimely death. He fought ardently for Black rights, but he also recognized financial literacy as the key to an America that was truly free for all people.

Anyone interested in the past, present, or future of banking and financial crises should read The Bankers' New Clothes. Admati and Hellwig provide a forceful and accessible analysis of the recent financial crisis and offer proposals to prevent future financial failures. While controversial, these proposals--whether you agree or disagree with them--will force you to think through the problems and solutions.

The United States' poetry emerged when there was a high literacy rate in the United States, even in the 19th century. People read the poetry when it was written. In Ireland, there was a poor literacy rate and people remember that poetry. That was handed on as a memorial tradition.

Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead.