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Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

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
Cards
Payment
Saving
Savings
Credit
Card
Balance
Carrying
Months
Minimum
Making
Month
Money
Scale
Back
Scales

More quotes by Suze Orman

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I don't care how far we've come with women's liberation, with all these things. In a man's mind, he still needs to be the support of his family. He needs to hold up the world.
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Make it a priority to have at least eight months of living costs set aside in a federally insured bank or credit union account.
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I've learned an encyclopedia version of life from Oprah Winfrey.
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I look around and there are needs that people have. Places have needs. These times have needs, and I have the education and the ability to communicate with it and help to solve those needs.
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Money is such an amazing teacher: What you choose to do with your money shows whether you are truly powerful or powerless.
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Ignore the annual percentage rate when shopping for a mortgage.
Suze Orman
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Whenever you're confronted with a tough work situation, stop for a second and try to honestly answer this question: Am I approaching this emotionally or am I approaching this professionally?
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People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.
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Each cent you apply toward diminishing your debt replenishes you.
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If you have a 50 percent match and you get in trouble financially, you can either withdraw money as a loan, or withdraw the 50 percent match. If you take it out, you have to pay taxes on it, but you still come out ahead.
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When you've been battered down and battered down and battered down, your spirit gets broken.
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Cleanliness is a state of purity, clarity, and precision
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Rather than saying, 'My checking account is a wreck,' change it to 'I will learn how to track my spending and balance my checkbook.'
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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.
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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
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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.
Suze Orman
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One has to ask what is the goal of life? What is the goal of life? My interpretation of it for myself, a very wise teacher once taught me this, is to meet the needs of the people, places and the times around you and offering those services to God.
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The things that matter most in this world are those that carry no price tag, for they can neither be bought nor sold at any price.
Suze Orman
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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.
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Money is the only thing you can use even if you don't have any. ... There's always a credit card.
Suze Orman