Ric Edelman quotes
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“Hope is not a financial plan.”
-- Ric EdelmanSource : "Financial Futures". Live chat, www.washingtonpost.com. March 24, 2008.
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“The people who are taking these loans because it's the only way they can afford their house are exposing themselves to a lot of risk. They're not saving money and they're not building equity, which means they could find themselves in a scenario where they owe more money than their house is worth.”
-- Ric Edelman -
“I think that the consumer is generally unaware of certain material facts, particularly the tax risk and compensation issues.”
-- Ric Edelman -
“Poor is a state of mind. Broke is a state of wallet. You can fix being broke; it's not so easy to fix being poor.”
-- Ric Edelman -
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Source : "The Impossible Conundrum" by Alexa Von Tobel, www.huffingtonpost.com. March 1, 2012.
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“Debt, n. An ingenious substitute for the chain and whip of the slavedriver.”
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“College is part of the American dream. It shouldnt be part of a financial nightmare for families”
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“My home is in Moscow and I have no plans to change this.”
Source : Interview with Ian Cobain, www.theguardian.com. November 18, 2007.
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