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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.

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
Come
Taxes
Take
Pay
Percent
Trouble
Withdraw
Either
Financially
Money
Loan
Stills
Match
Still
Ahead

More quotes by Suze Orman

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Remember to remember your power - everything you've learned with these steps to financial freedom - and put it all into practice everyday, because in the grand scheme of life, you'll never really know how things are meant to turn out until they turn out.
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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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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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The world needs another vehicle to get people to pay in cash.
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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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Private student loans should be avoided at all costs.
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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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Many of the good things would never have happened if the bad events hadn't happened first.
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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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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 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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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.
Suze Orman
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Make yourself worthy of money and money will make itself worthy of you.
Suze Orman
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I grew up thinking that because I couldn't read, I was stupid and would never amount to anything. I worked my way through college as a waitress and thought I wasn't capable of doing anything else. My grades in English were horrible, and I barely got through.
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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.
Suze Orman
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To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
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.
Suze Orman
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The happiest moment of my life happens once a day.
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When you've been battered down and battered down and battered down, your spirit gets broken.
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If you're financially responsible, your children have a much better chance to grow up financially responsible.
Suze Orman