“Nine out of ten adult Americans have a checking account. It's the most widely used financial services product in the United States.” StatesUsedUnitedUnited StatesProductsTenAdultsAccountsFinancialNineFinancial ServicesChecking Accounts Author:Carolyn Maloney
“In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.” FirstsHardAgeTroubleConditionsInformationThousandAccountsFinancialCurrentsInvestorsAccurateReservesVeilsMonetaryFleeingAccurate Information Author:Lawrence Summers
“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies” WorldHelpingGrowthTechnologyEconomyEconomicMissingEasierPercentAccountsFinancialPhonesAccessSignificantFinanceEmpoweringPortionsContinentsMobileEmpowering WomenEconomic GrowthPoorestBank AccountsMobile PhonesMissing OutFinancial ServicesAfrican Women Author:Ngozi Okonjo-Iweala
“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.” LongGoalTermAccountsInvestmentFinancialSavingLong TermBuyingFundTargetRetirementCashEmergenciesInflationShort TermFundingSavingsCdsDepositsPurchasingPurchasing PowerSavings AccountsBuying Stocks Author:Suze Orman
“Technologies, including cell phones, have the potential to help millions of poor people out of poverty by enabling access to a range of safe, affordable financial services - most importantly, savings accounts - that have long been out of reach.” PeopleLongHelpingPoorPovertyMillionsTechnologySafeAccountsIncludingFinancialPhonesAccessSavingCellsRangePoor PeopleSavingsCell PhoneAffordableEnablingSavings AccountsFinancial Services Author:Sylvia Mathews Burwell
“Big banks churn out page after page of incomprehensible fine print to obscure the cost and risks of checking accounts, credit cards, mortgages and other financial products. The result is that consumers can't make direct product comparisons, markets aren't competitive, and costs are higher. If the playing field is leveled and the broken market fixed, a lot more money will stay in the pockets of millions of hard-working families. That's real stimulus - money to families, without increasing our national debt.” IfsRealHardBigsResultsMillionsRiskFieldsProductsHard WorkBrokenFineHigherCostPagesDirectAccountsFinancialCreditDebtCardsConsumersFixedPocketsComparisonPrintMore MoneyObscureStimulusMortgageCredit CardPlaying FieldsNational DebtFine PrintChecking Accounts Author:Elizabeth Warren
“The banks should give a full, fair, and accurate account of their financial positions and they are failing that test.” GivingShouldFailingPositionFairsTestsAccountsFinancialAccurate Author:Kevin Warsh
“For the individual, as I can testify, a brief grounding in semantics, besides making philosophy unreadable, makes unreadable most political speeches, classical economic theory, after-dinner oratory, diplomatic notes, newspaper editorials, treatises on pedagogics and education, expert financial comment, dissertations on money and credit, accounts of debates, and Great Thoughts from Great Thinkers in general. You would be surprised at the amount of time this saves.” I CanPhilosophyWould BePoliticalIndividualEconomicTheoryAmountSpeechAccountsNotesFinancialCreditDinnerDebateNewspapersExpertsCommentThinkerDiplomaticEditorialsOratoryGroundingSemanticsEconomic TheoryGreat ThinkersDissertationPolitical Speeches Book:Tyranny of Words Source: Tyranny of Words
“The worst financial decision you can ever make in your life, is to steal something. The second is like it, and that is to cheat someone. Even, if it would appear that you were never brought to account for it.” IfsLife IsDecisionWorstAccountsFinancialStealingCheat Author:Strive Masiyiwa
“People will make worse financial decisions for them if they're choosing from a lot of options than if they're choosing from a few options. If they have more options they're more likely to avoid stocks and put all their money in money market accounts, which doesn't even grow at the rate of inflation.” PeopleIfsGrowsDecisionAccountsRateFinancialInflation Author:Sheena Iyengar
“A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.” MayMeanValuesThreeTermWealthPayGoldAccountsFunctionFinancialStoresGoodsAssetsProvidingCurrencyUnitsPaymentGroceriesGoods And Services Author:Nouriel Roubini
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” KnowsWealthMoneyCasesAccountsInvestmentInvestingFinancialSavingWealthyDo You KnowInvestorsSavingsMillionaireRisk ManagementFinancial FreedomPersonal FinanceWise MoneyDiversificationBest InvestmentFinancial SuccessInvesting MoneySavings AccountsLong Term SuccessFinancial InvestmentInvesting Your TimeGreat Financial Book:Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth Source: Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth