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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
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Chicago
Illinois
Money
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Taxes
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More quotes by Suze Orman
Money is the currency of life because it is the external measurement system that all of us have as to how we judge where we are in our own lives.
Suze Orman
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.
Suze Orman
Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.
Suze Orman
It's only when we give to ourselves as passionately as we give of ourselves that we create the life we want and deserve.
Suze Orman
Oprah deserves the best. I am not the best when it comes to divorce. What do I know about divorce? Nothing at that time.
Suze Orman
People have got to learn: if they don't have cookies in the cookie jar, they can't eat cookies.
Suze Orman
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.
Suze Orman
Just because one of you earns the paycheck doesn't mean that person should lord over how the money is handled.
Suze Orman
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance.
Suze Orman
... 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.
Suze Orman
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.
Suze Orman
The less money you owe, the less income you'll need and the less you'll have to save for tomorrow.
Suze Orman
As our net worth falls, so does our self-worth. Ironically, it's when we don't have it that we most feel we have to flaunt it.
Suze Orman
I get more inspired by seeing everyday people succeed against the odds than anything else in life.
Suze Orman
Every morning I wake up, I can't even wait to go and see what life can I change today. It doesn't have to be a lot of lives, but I can change one life a little bit here, a little bit there, and I hope that everything I create, people know that.
Suze Orman
Like your home's closets, your financial clutter needs an overhaul every now and again, and the payoff will go far beyond the psychic satisfaction of neatening up.
Suze Orman
Each cent you apply toward diminishing your debt replenishes you.
Suze Orman
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
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.
Suze Orman
Women are fighters. They will fight and fight and fight to get what they need, especially if they have children.
Suze Orman
