21 ordspråk av Gary Schatsky

Gary Schatsky

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They are signing on for large debts with low initial interest rates that can skyrocket ultimately.

Keep the bulk of your money in the fund, then transfer a few thousand to checking whenever you need it.

This is something I approach delicately with my clients.

Consumers are biting,

This is a very complex area. In setting up a trust, I would always seek professional help?trusts are a lot more complicated than doing a tax return.

Consumers are biting. They're biting because the opportunities are good and in part because they see that the bank is making a statement to them: 'You can afford it' -- when, in reality, most cannot.

There's no good rule of thumb for insurance since people have such different situations.

[To be sure, you should pay attention, and move once the bills are enacted.] Understand (the plan). Know what you might want to do, ... it would be reckless to make any financial moves predicated on the proposals.

You should get good, unbiased advice. It's an intricate analysis.

If you have a choice, pick a different departure date.

With or without the proposal, you have to act decisively and you have to begin saving immediately upon hitting the workforce. Not only is the present up to you, so is your future.

At the time you are most vulnerable, you want to make sure people know what you want to have happen to you. You don't want people to guess about it, or in some cases, not even be able to do what you want.

Bad debt is debt that is used to enhance consumption.

It's not like law or medicine where there are extraordinary standards.

If there is a positive thing to say about war, [it's that] it can be a wake-up call for people to get their financial life in order.

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