Quotes About Financial

Two-thirds of the world's population is unbanked or underbanked. Imagine if you had all your bank accounts shut down today, if you had all your credit cards shut off today, Paypal, Venmo, etc. What would life be like? And that's a problem that most of the world faces if you're in Latin America, Africa or South East Asia.

Even if you didn't lose your job, if you're one of the two-thirds of Ontarians who don't have a pension, you lost savings. Even if you've earned most of that back now, you are a changed person. You are less secure, less confident. And I understand that.

About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.

A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21 percent or more.

FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.

Even if a financial institution rejects an initial application by an individual using a synthetic identity, credit bureaus create a record from the transaction based on the fraudulent credentials. Consequently, the record can be used repeatedly by a fraudster to establish a fake identity used to commit financial and other types of fraud.

Growing up, my father was a financial analyst for an oil company. He was just a regular dad. And when I would say, 'Hey, come see my play,' he'd say, 'Sure.' He'd see one, 'Oh, good play' - you know, very typical dad reaction.

While it's not obvious to people now, in the long-run, the permissionless innovation that Bitcoin enables will ultimately improve the lives of billions of people.

My son tried to work in films and he ultimately gave it up, he finally couldn't make a living, he couldn't support himself. He worked all the time and he didn't make enough money to have a house, have an apartment.

Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.

Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.

Liquidity problems can occur in central clearing, even if all counterparties have the financial resources to meet their obligations, if they are unable to convert those resources into cash quickly enough.

To have come of age during and after the global financial crisis of 2008 is to belong to a generation often unable to do what an American could once expect, and to do what was once expected: Get a job, pay off student loans, and find a place of your own.

It turns out that American Express honors recurring payments even if the vendor is unable to supply an accurate card number and expiration date. An Amex phone representative said this is a feature, not a bug, which makes sure my bills are paid.

If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally agree that even a brief default would create potentially catastrophic risks to the financial system, like the meltdown of 2008.

Without federal assistance, most elderly Americans would be unable to afford long-term care - and most nursing homes would be unable to keep the doors open.

I saw Spurs as being a very good fit for me - but we were unable to agree financial terms with them... With hindsight, though, that was not a disaster.

When you've left your children and their mother unable to pay for the roof over their head, it's not acceptable.

I'm afraid sometimes certain individual cases of defaults are unavoidable. What we should do is to step up monitoring, properly handle relevant matters, and ensure there is no regional and systemic financial risk.

The public in many countries is understandably concerned by the commitment of substantial government resources to aid the financial industry when other industries receive little or no assistance. This disparate treatment, unappealing as it is, appears unavoidable.

Digital currencies present a chance for money to truly become information, and for the creation of a global financial system that is truly frictionless, open, and uncensored - the vision we once had for the Internet.

My parents had three kids right after the Second World War, and we were all sort of sickly. Then I had a fourth sibling, with very serious asthma. The medical bills... So my parents always struggled.

There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time.

I know nothing more important to inculcate into the minds of young people than the wisdom, the honor, and the blessed comfort of living within their income.