financial pitfalls Quotes

I made a lot of money, but you can dangerously let it lead you on. It depends what company you keep.

When we have money, we start making mistakes.

Investing in renter's insurance is hugely worthwhile. It protects you from a whole load of financial pitfalls around your home. Your home should be the center of your sense of security - not the cause of you losing financial security.

There is no practice more dangerous than that of borrowing money; for when money can be had in this way, repayment is seldom thought of in time, the interest becomes a loss, exertions to raise it by dent of industry cease, it comes easy and is spent freely, and many things (are) indulged in that would never be thought of if (they were) to be purchased by the sweat of the brow.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

When you get a lot of money thrown at you, you can make some dumb decisions without the right advice.

The biggest financial pitfall in life is divorce. And the biggest reason for divorce is marriage.

Quick riches are more dangerous than poverty.

All the things that make us human make us terrible investors and you have to understand what they are and how to avoid them.

In about one-third of credit card consolidations, within a short period of time, the cards come back out of the wallet, and in no time at all, they're charged back up. Then you're in an even worse position, because you have the credit card debt and the consolidation loan to worry about. You're in a hole that's twice as deep - and twice as steep.

The road to riches is never straight and narrow. It can be riddled with financial land mines.