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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.
Suze Orman
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Suze Orman
Age: 73
Born: 1951
Born: June 5
Author
Businessperson
Financial Adviser
Motivational Speaker
Restaurateur
Screenwriter
Television Presenter
Writer
Chicago
Illinois
Dues
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Emergency
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Emergencies
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Card
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Minimum
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Fund
More quotes by Suze Orman
Liking who you are and liking what you do can make you an incredibly successful person.
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In January we start saving money, getting out of credit card debt, funding our retirement accounts, and we're doing wonderful. Then, every single year like clockwork, starting in November, all of you fall into this trap that says, 'I have to buy this gift... I can't show up at this party and not have something for everybody.
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The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.
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It pays to be a fee fiend.
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I love, love, love that you want to use your debit card. But to keep your credit score solid, you still need to keep a few credit cards and use them at least once every few months.
Suze Orman
I answered her spiritually. And that is where Oprah [Winfrey]comes from. She comes from a place of the truth within her. And I think that's why we clicked. And I think that's why we still continue to click.
Suze Orman
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.
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I grew up thinking that because I couldn't read, I was stupid and would never amount to anything. I worked my way through college as a waitress and thought I wasn't capable of doing anything else. My grades in English were horrible, and I barely got through.
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The world needs another vehicle to get people to pay in cash.
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A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
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You will never be powerful in life until you are powerful over your own money. How you think about it, how you feel about it and how you invest it.
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If you have debt I'm willing to bet that general clutter is a problem for you too.
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A wise woman recognizes when her life is out of balance and summons the courage to act to correct it, she knows the meaning of true generosity, happiness is the reward for a life lived in harmony, with a courage and grace.
Suze Orman
To enjoy a long, comfortable retirement, save more today.
Suze Orman
Each cent you apply toward diminishing your debt replenishes you.
Suze Orman
Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.
Suze Orman
Money is a living entity, and it responds to energy exactly the same way you do. It is drawn to those who welcome it, those who respect it. Wouldn't you rather be with people who respect you and who don't want you to be something you're not? Your money feels the same way.
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Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.
Suze Orman
A great teacher once taught me that you've got to have faith that everything happens for the best. I have had many setbacks in my career and every setback has led me that much further into my truth.
Suze Orman
Find $50 a month for savings. No excuses!
Suze Orman
