Suze Orman
Suze Orman
Susan Lynn "Suze" Ormanis an American author, financial advisor, motivational speaker, and television host. Orman was born in Chicago and pursued a degree in social work. She worked as a financial advisor for Merrill Lynch. In 1983 she became the vice-president of investments at Prudential Bache Securities. In 1987, she founded the Suze Orman Financial Group. Her program The Suze Orman Show began airing on CNBC in 2002. In 2006 she won a Gracie Award for Outstanding Program Host on...
NationalityAmerican
ProfessionAuthor
Date of Birth5 June 1951
CountryUnited States of America
If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.
Live below your means but within your needs.
Absolutely invest in retirement. You can always get a loan to get kids through school. I do not know of any loans to get you through retirement. The markets are seriously low from where they were (even though they've gone up 30 percent recently). Now is the time to be dollar cost averaging; the more money you put in, the more shares you buy. Save for your retirement, people.
What women need to understand is that you cannot save a child if you can't save yourself.
How you end something as profound and important as a marriage is a reflection of how you live your life--financially, emotionally, and spiritually.
If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.
It's impossible to map out a route to your destination if you don't know where you're starting from.
Many people are dreaming. Let me rent. Let me have a job. Let me work until I'm 70. That's not what the American Dream used to be. It used to be, let me own a home. Let me retire at 59 and a half or 65 at the latest. Let me do this. And now, really, given what's happened, good luck with anything happening unless you do it yourself.
Never cosign a loan. Once you have cosigned, you cannot get out of it - even on your deathbed.
The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.
True generosity must benefit both parties. No woman can control her destiny if she doesn't give to herself as much as she gives of herself.
Remember that in most cases, student loan debt is not dischargeable in bankruptcy. So you continue to pay it off anyway. Those who have very low interest rates (2-2.5 percent) on student loans and know everything is secure, great.
True generosity is an offering; given freely and out of pure love. No strings attached. No expectations. Time and love are the most valuable possession you can share.
When you are starting out in your 20s, it is natural to think about all that you will have and do once you start making money, and making more money. That gives money way too much power over your life. It's not about how much you make, but the life that you make with the money you have.