Quote

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.

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
Rate
Borrowing
Type
Typically
Percent
Card
Worst
Types
Interest
Advance
Cash
Cards
Credit

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I'm in a relationship with life. My life is just out there. I'm on the road every day. I love my life.
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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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I think Oprah's [winfrey] learned from me that it's OK to be harsh on people because in one's harshness you can see transformation happen right before your very eyes.
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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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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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Each cent you apply toward diminishing your debt replenishes you.
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I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded.
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Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.
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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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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.
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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.
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I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.
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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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... 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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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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We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.
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Liking who you are and liking what you do can make you an incredibly successful person.
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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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If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.
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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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