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
Understand and accept the cycles of money. The setbacks you may have today or next year will not keep you from financial freedom. If you hold on to your goals and dreams, you will get there.
Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.
Make this the year you tackle that credit card debt once and for all.
Never, ever invest money that you will need prior to three to five years - minimum.
For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.
The truth will always lead you to a better place and a bigger place. And every single setback, every single one, has led me - not in my time, but in the time that it was meant to happen - to a place that I never in a million years could have imagined that I could go or become.
Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.
If you make time each month to give your money some attention, you'll start the next year in fabulous financial shape.
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.