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1 " Once you are debt-free except for your mortgage, bump your starter emergency fund up to three to six months' worth of expenses. That will be your fully funded emergency fund. "
― , Love Your Life, Not Theirs: 7 Money Habits for Living the Life You Want
2 " Once you're a homeowner, your house will probably be the biggest, long-term investment you have. Every dollar you spend on a mortgage or down payment is like putting money in a house-sized piggy bank, so it makes sense to look at home buying through the lens of saving. "
3 " Every dollar you spend is a reflection of your values. "
4 " you have to realize the long-term implications of choosing to finance your present with your future. Debt steals the very thing that helps you win with money—your income. "
5 " The bottom line is, it doesn’t matter how much money you make; it matters how much you keep. "
6 " Until we accept the reality that the freedom money brings also comes with the responsibility to manage it well, we’ll never get to pursue the life we truly want. Instead, we’ll always be playing catch-up with our random desires and whims. "
7 " Practice doesn’t make perfect; practice makes permanent.” And permanent, positive change is what we’re after. "
8 " It made me realize how important it is not just to be aware of your habits but also to take control of them if you want to truly take control of your life. "
9 " I’m proud to lead her in the work she’s doing—but I’m even more proud to be her dad. "
10 " Humility is not thinking less of yourself, but thinking of yourself less.” I love that quote. Too often, humility gets a bad rap. Many people equate humility with weakness or self-diminishment. That’s not what it is at all. "
11 " My decision to live debt-free is no longer because “Mom and Dad told me to” but because it is a choice I have made for my life. "
12 " When you have debt, you don’t get to decide what you do with your money. Your lenders decide that for you. You can’t choose to take your money and save it, invest it, spend it, or even give it away. You lose the ability to make choices about your money when you have debt. "
13 " adopting a lifestyle of debt means you’ll be managing your debt, not your money. "
14 " think of habits as healthy disciplines that enhance their lives. "
15 " A budget gives you the permission to spend your money in ways that will take you where you want to go. A budget means you can actually spend money on stuff you want. The purpose of a budget is not to limit your freedom but to give you freedom—with some boundaries in place. "
16 " Make sure you have four basic areas covered before you do anything else: "
17 " Those are your top priorities because you need to have food to eat, a roof over your head, clothes to wear, and transportation to take you where you need to go. "
18 " Once you have those four basic areas covered, move down to other areas where you spend money—like insurance, cable, entertainment, and, of course, room for miscellaneous expenses. Life is going to happen. "
19 " The point of this book is to learn the money habits that will enable you to live the life you want. In order to do that, you’ve got to know what you value. That’s right—what you value, not what your friends value and not what the culture says you should value. Your values are up to you, but too many people never take the time to figure out what’s really important to them. They just go with the flow and chase the life everyone else is chasing without ever stopping to ask what they want for themselves. "
20 " When you get caught up in social media comparisons, you’re comparing yourself to make-believe. And when you compare yourself to make-believe, your real life will never feel good enough. "