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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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Suze Orman
Age: 73
Born: 1951
Born: June 5
Author
Businessperson
Financial Adviser
Motivational Speaker
Restaurateur
Screenwriter
Television Presenter
Writer
Chicago
Illinois
Idea
Insurance
Business
Chances
Around
Bank
Ideas
Extremely
Sums
Going
Majors
Backed
Every
Major
Slim
Good
Spread
Penny
Always
Chance
Pennies

More quotes by Suze Orman

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The world needs another vehicle to get people to pay in cash.
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What happens to your money directly affects the quality of your life -- not your stockbroker's life or your banker's life, but YOUR life.
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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.
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The less money you owe, the less income you'll need and the less you'll have to save for tomorrow.
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... true financial freedom doesn't depend on how much money you have. Financial freedom is when you have power over your fears and anxieties instead of the other way around.
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The way to build your savings is by spending less each month.
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Writing is hard work, not magic. It begins with deciding why you are writing and whom you are writing for. What is your intent? What do you want the reader to get out of it? What do you want to get out of it. It's also about making a serious time commitment and getting the project done.
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Women need to turn their attention from saving their spouse, their mothers, their this, their that, their kids, to putting that financial oxygen mask on their face first. When they're solid, they can pick up the whole world.
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people's feelings about themselves change when they change the way they handle their money. Once they begin treating their money with respect, their self-respect shoots up as well.
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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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We each focus on what we're going to buy, but that's an incorrect focus. Focus instead on why you want to spend the money on this or that. What feeling in you does it satisfy?
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Focus on what you have.
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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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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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Each cent you apply toward diminishing your debt replenishes you.
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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.
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Cut back your spending now.
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It's only when we give to ourselves as passionately as we give of ourselves that we create the life we want and deserve.
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Try handling problems in the office as dispassionately as you can and I guarantee you will have a better time of it not least because when you bring emotion into the conversation, you furnish your colleagues with an easy out for dismissing you. If you are able to strip out the emotion, however, people have to deal with you based on the facts.
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In order to live a rich life, everything about who you are must be one, in alignment, and in pure harmony.
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