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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.
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
Percent
Card
Worst
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Interest
Advance
Cash
Cards
Credit
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Borrowing
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Typically
More quotes by 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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Time and love are the most valuable possessions you can share.
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Private student loans should be avoided at all costs.
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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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If you're financially responsible, your children have a much better chance to grow up financially responsible.
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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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It's not selfish to give TO yourself as much as you give OF yourself
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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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When you've been battered down and battered down and battered down, your spirit gets broken.
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Liking who you are and liking what you do can make you an incredibly successful person.
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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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Owning a home is a keystone of wealth - both financial affluence and emotional security.
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Many of the good things would never have happened if the bad events hadn't happened first.
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The way to build your savings is by spending less each month.
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Put your financial life on autopilot as a form of 'forced' saving.
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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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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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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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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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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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