19 Quotes by Phil Cook

The debt-free mentality is largely the product of emotion - how nice it would be to never make a mortgage payment again. Good debt gives you some leverage that helps you increase your net worth.

You are to be commended for aggressively putting money into your 401(k) accounts. Do not stop doing this.

Reach out to other people who are affected in a less personal way, both professionals and good friends, ... They can help you sort out your thoughts. Try to avoid irreversible decisions, such as selling your house, quitting your job, or selling off large portions of investments.

The most important resolution people can make is one to create and stick to a sound budget.

This emotional justification allows her to mentally feel better about doing something she knows does not jibe with what she wants long term.

Create a net worth statement - add up all your assets, then see how close you are to where you want to be when you're 65.

I'm not saying this is good, but it is more accurate and provides a clearer picture of what's going on.

If you add this chemical to that chemical, you will get this result.

If you just keep going up, you lose your perspective. It just helps remind people. It gets their head straight.