17 Quotes by Gary Schatsky

Basically, the concern of NAPFA is the extraordinary expense often associated with these insurance policies, ... The problem with a lot of these high cost products is that they attempt to push hot buttons with consumers. They ask, 'do you want to pay taxes?' Obviously, you don't. But the NAPFA approach is to look at your overall financial picture and do it on an unbiased, non-partial basis.

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

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.

War gets people thinking about mortality even if they aren't going to be doing any fighting themselves. Now's a good time to look at whether you have the right life insurance coverage and to make sure your estate plan is in order.

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.

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

Now more than ever people's financial futures are in their own hands.

Bad debt is debt that is used to enhance consumption.

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