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
Your credit score affects the interest rates you're offered on credit cards and loans, can be used to vet your job application, and in some states may influence your insurance premiums.
For seven years after college, I was a waitress at the Buttercup Bakery in Berkeley, and from there I got a job at Merrill Lynch as an account executive, from where I went to vice president of investments for Prudential-Bache Securities. I started my own firm in 1987.
I've never believed unemployment numbers because the way that they calculate unemployment makes no sense whatsoever. It's not how many people are unemployed. It's how many people are actively looking for a job.
Once you stop looking for a job, you are no longer considered part of the unemployment number.
The dream of having one's dream job turned into "Oh my God, I'll take any job. I've been out of work for two years now. I don't care what I do. I'll do anything because I don't have any money".
If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.
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.
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.
Courage is not always about action. It takes courage to do nothing rather than do something that you do not believe in or understand.
Raise your auto and home deductibles to $1,000 or more, and your premium cost falls at least 10 percent.
Sometimes your mind lets you do things with your money that make no sense.
While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home.
We never had it as rough as the kids have it today, ... Look at the price of a gallon of gas or a piece of real estate or a college education.
Give a portion of your money to others. By releasing an anxious grasp on your money, you will open yourself to receive all that is meant to be yours.