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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
Always
Chance
Pennies
Idea
Insurance
Business
Chances
Around
Bank
Ideas
Extremely
Sums
Going
Majors
Backed
Every
Major
Slim
Good
Spread
Penny

More quotes by Suze Orman

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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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I think they've been baby bummers.
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It's easy to underestimate the real cost of home ownership.
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A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21 percent or more.
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Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.
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Private student loans should be avoided at all costs.
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I've learned an encyclopedia version of life from Oprah Winfrey.
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The truth is that you are nothing more than the custodian of your inner and outer wealth while you are on this planet. All you have to decide is what kind of custodian do you want to be? Do you want to be a good custodian of your inner and outer wealth? Or a bad custodian?
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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.
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What's keeping you from being rich? In most cases it's simply a lack of belief. In order to become rich, you must believe you can do it, and you must take the actions necessary to achieve your goal.
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If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.
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I am a financial planner, not a psychiatrist, but I do know that your net worth will rise to meet your self-worth only if your self-worth rises to accept what can be yours.
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Messages about money are passed down from generation to generation, worn and chipped like the family dishes.
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If there is anyone dependent on your income - parents, children, relatives - you need life insurance.
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Focus on what you have.
Suze Orman
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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.
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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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I am a big believer that orderliness begets wealth.
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The truth is women in the workplace don't have to fight nearly as hard for opportunities, or to dispel stereotypes, as they did before.
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When someone chooses to value herself over the things she can buy, true transformation begins.
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