“Paying off a loan is always your best investment. No matter what the interest rate is, when you pay it off you get a guaranteed return, equal to the interest rate. Paying off a credit card with a 15 percent… — Teresa Ghilarducci Copy Share Image
“Say you owe $7,000 on a credit card. You’re paying 18 percent interest and making the minimum monthly payment of $280. If you continue to pay the minimum, it will take you 11 years and 8 months to pay off… — Teresa Ghilarducci Copy Share Image
We're finding that very well-educated people, people who have done everything right, are behind, really behind. And they are hoping they can stay in… — Teresa Ghilarducci Copy Share Image
My research shows that uncertainty about your income at older ages causes more depression, causes more anxiety, which could lead to more chronic heart… — Teresa Ghilarducci Copy Share Image
“Paying off a loan is always your best investment. No matter what the interest rate is, when you pay it off you get a… — Teresa Ghilarducci Copy Share Image
Over half of people who are working now and over 50 have nothing for retirement savings. They will only have Social Security to rely on. — Teresa Ghilarducci Copy Share Image
We live in a culture where it's just delicious to shame and blame. We have what I call sometimes a "smugtocracy." — Teresa Ghilarducci Copy Share Image
And our conception that the way we can mitigate the fact that people don't have retirement savings can be more work, or working longer,… — Teresa Ghilarducci Copy Share Image
“Say you owe $7,000 on a credit card. You’re paying 18 percent interest and making the minimum monthly payment of $280. If you continue… — Teresa Ghilarducci Copy Share Image
