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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
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More quotes by Suze Orman
Cut back your spending now.
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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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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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Once your kids are grown and you know that you're completely healthy, consider canceling your life insurance policy.
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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.
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
When it comes to tackling your financial goals, whatever they might be, there's no time like the present.
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
You will never be powerful in life until you are powerful over your own money. How you think about it, how you feel about it and how you invest it.
Suze Orman
Live below your means but within your needs.
Suze Orman
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.
Suze Orman
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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If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.
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
Money is such an amazing teacher: What you choose to do with your money shows whether you are truly powerful or powerless.
Suze Orman
Private student loans should be avoided at all costs.
Suze Orman
With success comes unhelpful criticism - ignore it.
Suze Orman
I answered her spiritually. And that is where Oprah [Winfrey]comes from. She comes from a place of the truth within her. And I think that's why we clicked. And I think that's why we still continue to click.
Suze Orman
I'm in a relationship with life. My life is just out there. I'm on the road every day. I love my life.
Suze Orman
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?
Suze Orman