23 Burst results for "Orman"
Is Car Leasing is a Scam?
"I have been holding on getting car until i had some other finance stuff worked out and i finally have that under control So feel good about that. And i feel like i can finally get a car and i was just a leasing place and i just seems like they have very cool. Options for cars and the leasing agreements seem really great And like such bargains and So it seems like a cool offer. But i just wanted to see what. Your thoughts on leasing are thinks so christina. I totally get. Why leasing looks like a magical deal for your budget. You're paying less monthly for a new car and you would on alone or whether you buy a crappier car outright. You don't have to deal with maintenance. Ray it could be beneficial if you have a business. I know that's what a lot of people like to argue back to me with. So i get why it's so tempting but this is one of the most upsetting things to me in the financial world. Leasing is one of the biggest scams out there. Why do you think the car. Companies created leases for funsies for charity. Just for ship the giggles l. They did not they did it to make money consumer reports actually backs me up on this one as well. They say that leasing is the most expensive way to get a car. And why is that. Because you're essentially buying a used car at its new car price. They did it for them and not for you. And i am not on their side. I am on your side. Hello the researcher. Is so so clear. I mean suzie orman like og financial guru. She and i agree on this. She said that leasing. And i quote is the most stupid thing i've ever done with my money.
"orman" Discussed on Women Amplified
"orman" Discussed on You Can Heal Your Life
"Fifties till eighty four. That's when you enter then you will for one or two years in a nursing home but the key is you have to know that you're getting the right policy because some policies you shouldn't do and also if you cannot afford it every single year from the day you buy it all the way until you're eighty four or older. Just don't buy it at all because it is a waste of money but in the book and in the Audiobook as well. I give the name of the nation's expert and how you should contact her and she will help you to make sure you get the right policy and do not get a referral fee at all for doing that. I don't want you to make a mistake. That's the great thing about Susie is she's always looked at see and she says. I'm looking out for you all the time but the reality is she is. I can tell you having been around for twenty years. Her main question to me always is. How do I give this away for Free? And we laugh about it but it's true. Do you remember read when when I did. Have the Suzie Ormond show. I had such a conflict of interest going on within me. People would call in and they would say Suzie. I know you say that we need a will and and living revocable trust in advance directive in a Gerbil poverty for healthcare. But suzie. I can't afford to go to an attorney and spent two thousand five hundred dollars. Can you help? What where would I go? Suzy and I'm sitting there going. Oh my God I have the most magnificent state of the art must entrust kit good in all fifty states creating created by my own. Trust lawyer there my documents. They're what they're what I have and you could get them in their sixty nine dollars. But I don't want to sell you something on my show and so remember read. I would say all right. Listen to me everybody. You have twenty four hours to go to this and this you know you are l. and you can download my will and trust for free and then I would have to call read everybody. I would say read. I gotTa tell you something I just gave out the will and trust kit for free on my show and it was the number one rated challenge. Cnbc's just think about how many people were watching that show. I'm a sit down that four or five times or more until we finally said. Suzie says they stop this. Stop this already but I never could stop it. Because I didn't want to say to people go to my website and you could buy. It just felt such a conflict about that. But anyway you're right vulgar will also we have it? It's less than half the price of anyone else's and it's way better than everyone else is always closely away. When I go on all the other sites that sell will and trust skits and a will is like one hundred sixty nine dollars and the great thing about ours really you and I wanna just thank you for letting me do. This is that you allowed me to say to people and even now if you venture into getting it Is that you know is that they can share it with all their family members so they can do it. Their mother can do it. Their father can do it. You know I think you can share it up to five times or times. Whatever it is right and so you know so I always get such pride in telling people that you know they should just go to Suzie. Orman DOT com slash offer and pick it up. And then after you've done it give it to your mother give it to your whatever. I just emptied so thanks for letting me share it and thanks also for letting everybody to get updates and use it over and over again every time they want to make a change without having to spend one more penny. I love that you allow that to happen. I love it too and we both know how important it is for sure. When Louise's passed away she had her will and trust that all the paperwork that you recommended and even though we missed her so much that everything was made easy by that paperwork and I know you have the same experience with your mom when she passed away and especially with. Kt's mom who had only sixty thousand dollars to her name and she passed away and two weeks later we were able. We had a little service for her and dinner for her brothers and sisters. That really are doing as well as we are financially but then very few people are doing as well as financially but that's a whole nother story have but we were able to give them each a check for like fifteen thousand dollars two weeks later. If she hadn't had a trust we wouldn't have been able to give them that money that they really needed. They needed that money for maybe six months or two years. It's so sad you know and the truth is the less money you have the more you need a living revocable trust but again in the ultimate retirement guide there's a whole section on why the understanding of them how you can get the whole thing so. I cover this in great detail as well in that book. We go through all the documents in that book. So you know but I can tell you like my buddy Wayne Dyer. He didn't have those documents. And I know and you know how many times I told them you probably told Munoz told them but and and it took I think three years to settle everything and you know. Princeton have one instant have trust aretha. Franklin didn't have one it will take fifteen years before they settle and I'm like what is wrong with all of you. Why don't why don't they want to do something today to protect their tomorrow's and the other heartbreak that's out there is that. I don't think people know. Read that if they have a minor child because so many tons on the women and money podcast grandmothers right in and they say to me. Susie. I want to leave the money to my grandkids. You know they're minors. I really don't want to leave it to my daughter or my don. I WANNA leave it to my grandkids and and so I said they say I created a will and left it to them and I always try them back and go well. How old are your grandkids? And go five seven and I don't you know that kids can't inherit money so if you're a minor you can't leave your money to your minor you can inherit money so it gets put into a blocked account until they're eighteen years of age and they can't access it unless somebody petitions the court and they're always go. I didn't know that and then I say this to them. Do also know that once those kids turn eighteen. You don't have any legal authority over them whatsoever. So if you have a one thousand nine hundred and eighteen year old. That's in a car accident and they're in the hospital and you go to the hospital and you WanNa make health decisions for them. The doctors can't talk to so your kids once they turn eighteen. They all need an advanced directive and Gerbil power attorney for healthcare. And they should assign it to you. Mommy and Daddy and grandma and if you don't.
"orman" Discussed on You Can Heal Your Life
"This conversation. Hello everybody read Tracy and I'm so excited to have with me my long time. Good Buddy Suzie Orman. Hi Susie really. How long has it been? I think it's been like twenty years. We've been working. God made it through. We're going to have an anniversary. That's crazy I mean it's it's amazing like so many people don't even realize your association with Hay House. 'cause we're just doing our very first book with you. The ultimate retirement guide to fifty plus. And we're GONNA talk all about retirement but we've been working together on helping people do their will and trust and other things like that and you know the truth is read to really live your ultimate retirement and talk about that in this book. Every single person needs what I call the must-have documents. You need a will you need to trust you? Needed an advanced directive in poverty for healthcare. And they're just too expensive to go out there and get a lawyer to get you a mediocre one so really between the two of us read. We've helped millions and millions of people at a price that everybody can afford. Have the documents that protect them and it so important especially as you start to get older version? I was just With some friends skiing in one of my friends. He's a fireman and he hadn't done that yet. I'm he goes. I was just talking to a lawyer but they wanted to charge three thousand dollars to do it. I said well I have it for you. And I gave it to him an hour later. He had the will trust everything done so amazed you know and really. I think the price is sixty nine dollars and everybody says susie. Why is it so cheap? I said that isn't cheap to some people. That's a lot of money so we decided to price it at a level where there wasn't one person that would have an excuse not to be able to protect their families as well as themselves. So it's probably out of all the things I've ever created. It's probably the thing really that I'm most proud of our love. It we love it and people don't know but like you went to every Louise's birthday party from sixty five. Seventy seventy five eighty. It's amazing all the connections and you know what outside bet they don't know. I bet they don't know that. There was a day that I was out to dinner with you and Louise and it was years ago and Louise looked at me and said Susie. You have to write a children's book. I and I said Yes said. You promise me you write a book for children and I said okay. Louise and I'll never forget. Read Waking up about you know in the morning about a year or so before Louise died and I thought Oh my God. I haven't kept that promise to Louise. So right then and there. I wrote the book the adventures of Billy and Penny. Kt illustrated it. And for those of you don't know. Katie is my spouse of twenty years and then we gave it to Louise on her last birthday party. That you guys had and it's probably one of the best children's book to teach values of money out there of all of them but at least. I kept my promise our exactly and Louise Really understood because she grew up not knowing anything about money and and had a suffer some consequences until she learned about it or she got me to help her with it just helping everybody around her. Exactly exactly well today. We're going to talk about retirement and you. I wrote your first book about retirement in Nineteen Ninety four and I guess it came out in Nineteen Ninety five so about twenty five years ago and it was called. You earned it. Don't lose it and you had been working with a whole bunch of people on retirement and you worked for a couple of different brokerage firms and used to do a lot with retirement and you mentioned retirement and your other books that you've done but now you decided to to address the topic again and and in the book you talk about all the things that you're gonNA need to do the details and we'll get into some of those As we go through but things like do I have enough money to retire and should I get long term care insurance and what should how should I invest my money in retirement? How do I find the right person to help me invest and when should I take social security and a whole bunch of different things like that you cover in the book but one of the things that I love about Susan. I've seen you work with so many different people. Is You not only handle all the details of those specific things but you also talk about all the emotional elements of money and retirement? And I'd love for you this this share some of your thoughts about that. You know so. Many people have said to me why Suzy. Wie At this point after you know. This is my eleventh book. So why after ten books? Have you come back to where you started and the name of the first book was? You've earned it. Don't lose it mistakes. You can't afford to make when you retire but as I started to look around and you know the truth is read. It's been nine years since I wrote my last book and all the publishers. You everybody have been like you got to write another book. Susie and insane but I've said it all what more can I say? I don't want to write a book just to sell somebody a book. When the information is the in the other books that I have and then as I started to look around two things started to happen. I realized read that that number one. Nobody focuses on you. Once you become fifty sixty and seventy it's like they put you out to pasture. And all they care about are the millennials kids that are younger and whatever it may be. But nobody's telling those people who are about to retire in ten or twenty years or they have retired what to do that was number one and number two. It was also retirement. Today is very different than it was back in thousand nine hundred ninety five it was even different now versus what it was like nine years ago because the stock market is at. Its all time. High interest rates are at their all time. Low Housing is at their all time high and on and on and on. So what do you do if you want to? Just be safe and sound with your money. There's no place for you to invest it anymore. Like there was a long time ago. And then you start to freak out and then you don't know what to do and then emotionally speaking. You just become a wreck. The other thing has happened is that not only. Has the economy changed? But I've changed read. I've changed happens and the way that I've changed his this. It's very different on. You're forty five years of age and you're writing a book. Which was how old I was. When you've earned it out. Music came out for somebody who is sixty five. Seventy and seventy five. Then when I'm now approaching in a year more than a year I'm going to be seventy so now. I'm writing a book facing the emotional. Not Problems but the emotional abuse tickles. That one confronts when they start to get off because read. I know that I'm seventy or about to be and then my next. Big One is eighty and ninety so I know I have less years left to live. Then what I've lived and now I bring a whole different perspective to this book. I bring not only the financial knowledge of almost forty years of really probably talking to people about their money than any single financial. Pungent out there for sure but not only my pundit but I've worked with people and their money one on one for years and you know earlier you mentioned it in that you know when I was a stockbroker for Merrill Lynch from Nineteen Eighty to nineteen eighty-three. I specialized in retirement. Planning when I then went to be vice president of investments for Prudential Bache securities. I specialized in retirement planning when I ran the Suzie Ormond Financial Group from one thousand nine hundred eighty seven thousand nine hundred ninety seven. I specialized in retirement. Planning and the reason is that my degree is in social work with with you know real interest in geriatrics so it was just where. I felt at home. So for those of you listening right now as you may be getting older. How do you define who you are when you don't have a job or a title anymore or you're no longer really raising kids in the homes and even your grandkids now have gotten older? So how do you define yourself every day and so many times you will find that you don't feel relevant anymore that you don't matter and you're afraid so this book reed brings that a motion of life that understanding of life to this work but just doesn't bring it to say you're going to be afraid or you're not afraid it actually gives you a way to work through any emotional obstacle. That could possibly be there that keeps you from being more and therefore having more and those emotions read that make you sell at the wrong time by at the wrong time go to some financial advisor and get really bad advice and then you just listen to them and before you know it there goes all of your retirement money so there's never been a more important book that I have ever written and this one because this is a book that you cannot afford to make any mistakes at this point in your life emotionally or financially that's for sure and I know like lots of retirement books. They're they're advises. Start when you're twenty and start saving money and by the time you're sixty five seventy allow lots of money but the problem is most people. Don't take that advice and there's not a whole lot of retirement books. In fact I couldn't find any on Amazon that. Start when you're fifty you know so. I think that's such a unique approach. That really noticed that this is when people need it like the reality is we all put it off. And then we're fifteen go shit. Maybe I do WANNA retire sometime. We put off retirement planning in the same way we put off paying and doing our taxes. I mean I think it's so crazy that everybody waits until April fifteenth to to do their taxes because they just put it off and put off as if you know that date will never come retirement Welkom hopefully for all of you because you really don't want the alternative. You really want that time to happen. And so what's interesting about all of that? Is that as you know. Read I have a podcast called the women and money podcast as well as the men smart enough to listen the official title of it. And what's fascinating to me? I ask everybody to write an email and I'll either read their question on the podcast or I'll answer it personally. You never know. And most of the people writing are fifty seven. Sixty five seventy one. And they're all people mainly women who are saint. Suzy I need help. My husband unexpectedly died. My spouse unexpectedly died. You know I got a divorce now all on my own. Oh my God. I was told to do this. This and I realized that women and men now don't have any place to go read. They have no place to go to get seriously good information. That's good for them. Versus in most cases the financial advisor. That's giving it to them so I couldn't stand it anymore. I couldn't take it seeing all these people who've worked all their lives search a lose their money made bad financial decisions.
"orman" Discussed on The Dr. Gundry Podcast
"I just need you to think about what's happening right now. What's happening right now is this I know. Interest rates are low but if you think interest rates are going anywhere in the next six months years or so I got news for you. They're going to be low for a long long time. They cannot afford to go up. They have got to stay low to keep the economy solid hearer or a solid possibly be real estate. Do you know how many people are going to be forfeiting on their mortgages. How many homes are GONNA be foreclosed upon even if you think you have a multi multibillion air living next door to you? You have no idea. Do they just lose their company? What happened to them? Your home is only worth as much as the neighborhood. The houses on your black are worth if somebody next door from you. Claims Bankruptcy sells their house for fifty. Percents off what it is now. Guess What Your House is going to be valued at so just wait. This is not the time to be barring money. Borrowing money to do what nothing. This is not the time to be buying a home. You're going to have plenty of chances in my opinion to buy a home if you want to. For far less than what it is right now. Cars cars the industry is down twenty five percent right now. You'll have a chance but right now. Can you just stay solid? Can you just stay healthy and wealthy or as much money as you possibly can have? This is not the time to be buying anything great advice so you know. I think people because of credit card crises been the past have been very wary about maxing out their credit card. But you're saying this may be the time to make that exception..
"orman" Discussed on The Oprah Winfrey Show: The Podcast
"For one hundred fifty thousand dollar mortgage correct. Joanna that's correct so the banks say she can afford one hundred fifty thousand dollar mortgage. The truth of the matter is the lending institution should have denied you because you didn't have the money. Shame on them. Shame on them. But good for you girlfriend that you're not gonNA get yourself in trouble antastic. Thank you Joanna. Millions of people are stressed watching their retirement savings disappear into thin air. I want you to meet a woman who says she's tried to do everything right. So you're questioning Suzie as well Suzie. I'm fifty years old. I absolutely love my job but I'd like to know if I'm able to retire. I really WANNA retire. Fifty six fifty six. Oh Kansas years so currently my income is a little over ninety one hundred dollars. My expenses are a little over eighty one hundred dollars and I've got retirement savings of three hundred and ninety three thousand dollars so the question is thousand dollar month. Excess approximately can shave Ford it and you say and I say before we go there. Just tell me what will be your income and your expenses after retirement whereabout even are we not well. I know that I'm going to have to reduce my expenses so I expect my retirement income to be somewhere around sixty five hundred. Yes and my expenses in retirement to be sixty three hundred a month so she's still got an excess so we're looking good aren't we? We're looking good. You are deny. Let me tell you why you know we do a lot of research and all these people that you're not really seeing so I just don't pull this my hat what you're also not seeing that you have sixty two hundred dollars of credit card debt. At fourteen percent interest rate fourteen point two percent be exact. Sixty two hundred two hundred dollars. We have fifty thousand dollars in a savings account but that is not my eight months now. Here is the reason why. What was the three hundred ninety? Three thousand dollars a retirement account that she can't touch okay because she wants to retire at fifty six so she still giving the stock market today. Maybe it's ninety three thousand dollars but anything can happen at any time. But here's the real reason you're denied. Outta love ready for this. I'm ready women will spend more years. You will spend more years in retirement than you did working for IBM so you will have worked for. Ibm for thirty years. At the age of fifty six from fifty six. You'll have another thirty to thirty five forty years of life. She will spend more years. She retires at fifty-six in retirement than she did working. What you did not factor in. Was inflation as you get older. You take more medication. You need more help. Things become more expensive things. Go wrong and in today's economy when you're counting on pensions and things from corporations. We don't know when they'll have to cut that back when they will all of a sudden stop it. They won't pay for your health benefits so I don't have enough cushion there for you to be able to retire at the age of fifty six but the good news. Is You love your job. Trust me when you get to be fifty fifty-seven you ain't got to want to retire. But the other thing is in this goes back to the other guests to you to everybody you live in an exorbitant lifestyle. You real two hundred dollars a month manicures. You have nine thousand dollars a month of expenses. I was looking through every one of your expenses going is. She really wanted to retire. She would not do that. And you wouldn't have six thousand dollars. Credit card debt meant. You should have seen before I cut back. I know I'm thinking is sixty two hundred dollars a credit card debt a lot. That's not alive. It's but I'll tell you the problem. It's not a lot but that means that you don't really have emergency saving so don't really have everything you need. We're living in deficit. Used to hearing these big numbers like making this kind of money. Yeah you shouldn't have any credit card debt whatsoever. Okay thank you Marilyn retiring at sixty four more years four more years. Marla joins us from our home audience from our Living Room in Boston. Hi Friend Susie I Emma Lebron delivery nurse and I work really long nights and I have to come home in the middle of the night and since I live in Boston. There's a lot of snow so I'm wondering if I can afford an SUV to get me home. Late nights in the snow will SUV in this. Now show me the money girlfriend. I take home about thirty four hundred dollars a month. My monthly income. My monthly expenses are twenty five hundred which includes my three hundred sixteen dollar car payment and I have about eight hundred dollars. On zero percent. Credit Card and savings is about twelve hundred dollars. Yes yes so. The question is do you think. Currently she has a three hundred sixteen dollar a month car payment. That's because she'd laces the car that lease is up next March. I believe so Kanshi afford to buy an SUV. You think with heated seats. Now you've been approved. What what let me tell you why. Her she'd leases a car. Her car has to be returned in when in the next few months. She is out on the roads herself at night as a nurse delivering its. She's afraid she's a woman alone and she has snow sometimes people before money. Remember people first then money then things. She needs a new car anyway when she gets rid of police car if you can find an SUV that you can spend three hundred dollars a month on just like you are now than you. I think that's exactly what you should do. Because you're Chicago since wow I mean. I'm thinking should go to do that. I'll tell you where she's GonNa do that. The Oprah producers actually found for you some. Suv's in her area that are approximately ten thousand dollars. If she and she they must be used of course there you go right right of course but then that meets her needs and the truth of the matter is if you decide. You don't want to do that and you just want to keep the car that you do. Have you can negotiate big time with them right now when you turn it back in. But here's the rule of thumb. Everybody if you're going to finance a car do not finance a car for more than three years. If you can't afford the monthly payments on a three year loan you cannot afford it. Start working overtime now over time. Now Save money so you have a little money you can put down. Get yourself out of credit card debt and when the time comes girlfriend you're going to be driving down those streets in the middle of the night with heated with a heated little push and your leather heated seats. And you're going to feel safe in a used. Suv Thank you. This has been great fun. Wasn't this interesting only two out of three times one out of three. That's but it gets US thinking about what you can or cannot afford. Yeah and just no. If you can't afford it just don't buy it. Isn't that simple? You bet it is by everybody. I'm Oprah Winfrey and you've been listening to the Oprah Winfrey. Show the podcast if you haven't yet go to apple podcasts. And subscribe rate and review. This podcast. Join me next week. For another Oprah show the podcast. I thank you for listening..
"orman" Discussed on The Oprah Winfrey Show: The Podcast
"We're not saying this is your but I'm saying everybody WHO's nodding their head here and says well. I wonder how much my deficit every month is or hadn't even look because most people as we've seen with many shows with you in the past they don't look because they don't really want to know and as long as Hannah could actually charge on a credit card. Pay The minimum. Every month. She could afford to continue to live the lifestyle that she was living because she could so. Suzie met with Hannah and her mom. Lois before I can solve you financially. We have to find out. Why did you make the wrong choices to begin with? I don't know you are not allowed again for the rest of your life but definitely in my presence to use the words. I don't know you absolutely no. You absolutely know why you choose to get manicures all the time why you choose to buy a snowboard when you are behind payments on your student loan. Don't you dare say again. Please start over now. I spend the money on things. I know I shouldn't spend because I think I'm young and still have time to fix it so I know that I'm getting further in but I think it's okay because I can fix it what I want to. You are lying to yourself. You are lying so that you can make a justification as to why you bought a fourteen hundred dollar bed why you drive a car. I have gone through every single penny that you spend. These are the most horrible fico scores. I have ever seen every time you decide to pay your rent versus your student. Loan a bed versus your student. Loan eating out versus your student. Loan what you are doing to yourself is really committing financial suicide. What has prevented you from getting a job in the area that you got your degree in have no interest in it. I don't care not an acceptable. Answer Hannah do you have interest at working at starbucks for the rest of your life? No you don't have interest here. You don't have interest here. Why are you choosy to go here? Rather than here. Why because of delays you to look for a new job Bingo. Thank you for being honest and good. Feel good wow so what's happened. Since obviously that was extremely difficult to talk about and have on national television. I had to go home to my roommates and my friends and tell them what a financial disaster I really was. She had set the record straight. That was a lot so when I was honest about what kind of trouble. I was in financially. I made the decision to get my car out of Boston. I want to sell it but I knew that keeping it in Boston while I tried to sell it was expenses that I really couldn't afford so the cars now in Florida saves about. I've cut about seven hundred dollars off my monthly expenses in just three weeks. So pretty excited about that. I no longer get manicures. Pedicures I'm doing the myself. My friend cuts my hair for free. It's an an expense. I no longer have. I Walk to work. Bring my lunch and definitely not ordering in not going out. I didn't celebrate my twenty fifth which called my mom and tears because it's a day that I had looked forward to and wasn't able to go out eight stop. She celebrated her twenty fifth birthday but not by eating out and going further in debt. How did you celebrate your twenty fifth birthday? I'm starting my twenty fifth year off in a good place. I'm moving forward and getting myself came over and cooked for you. They did. I was just listening to this and I hope everybody else is listening habit listening with us since of discernment even before. I knew that suzy had that talk with you. Which was a real smackdown. You handle that. We did great though. We're now getting it out but I thought what was so interesting. You are crying because you can't get a pedicure. You're crying you're saying I can't. I can't get a pedicure and it's so hard it's so hard I feel. I feel liberated now that I don't have my car. I'm not worried about getting parking tickets because I have to move my car every two hours you know. I'm walking everywhere. I noticed my surroundings a lot more. I'm just a big weight that's been lifted off. And it's just from you know getting my car out doing my own manicures. Pedicures thought was interesting in not not to pick on you just our example for everybody else to help us ourselves more clearly is you're you're you're bemoaning the fact that you can't keep up with the Joneses right. You're not even talking about anything of real value. You're saying I can't be around my friends. Who because they're doing this and then they'll think that I'm not? It's all about status and that which it wasn't real to begin with. Yeah the pretend that so now. The question that Hannah has his can afford to stay in Boston. She has cut her expenses down dramatically. Now she's really only about three hundred dollars a month in deficit versus what we saw before her income is still two thousand and ten dollars a month. Her expenses are still about twenty-three hundred. She doesn't have a car payment anymore. We're three hundred dollars a month in deficit however Boston is the number one place according to Forbes to live for utilities for oil the most expensive place. So you everything's GonNa go up that way for you. So the question is with a three hundred dollar a month deficit. Everybody can Hannah afford to stay in Boston or does Hannah have to leave Boston and move home with her mother in Florida? They're great friends their best friends. Mama wants it. What is that what Hannah needs to do? Now you are all going to be shocked and I'll tell you why I've approved you to stay in Boston and let me tell you. Why twenty five year old has made some of the hardest decisions in her life. She has chosen honesty over deceit. She has chose to do things now. Out of integrity versus impressing everybody and irresponsibility to herself. You need to be rewarded for that. Now we have you on in my opinion. A three month probationary period. You have kept your word to me more. Importantly you kept it to yourself. You need to make more money. You need to look for a job there. You have three months if you can pull it together and I know you can stay if you can't Mama move on over surprise right shocked shocked so am I because I was out of there man I. It's not just based sometimes on money. Look how great she's done and when you see somebody pulling themselves up. That's not when you get a smackdown from susie. That's one like you are going for it. You are going forward and I have to let her try to go for it and I think you're going to do and so what you're saying. Go for it but give yourself a time limit. We've got three months months. Thank you Hannah. Thank you thank you. Joanna is a second grade teacher. She is single in her thirties and she is not waiting around for Mr Right to buy her. First House. Good for you. That's what the movement was all about joins us from our home audience. John what you WANNA buy High Oprah. I'm actually interested in buying my first house It's always been my dream to have a family and so I'm looking to buy a home so that I can adopt a child or two and I just WanNa know if I can afford a home right now. Okay good I say. Here's the question Joanna. Show me the money okay. Well I have a monthly income of about two thousand nine hundred dollars. My monthly expenses come to about eighteen hundred dollars. I had eight thousand five hundred dollars saved which doesn't include retirement or money to get me through the summer when I don't have an income and Right now my utilities and rent come to nine hundred fifty dollars so can I afford to buy a home so you want to buy a home for approximately one hundred fifty thousand dollars. Is that correct? Yeah I so the question then becomes everybody before I render my judgment. Which is we have a monthly excess. That's pretty good of a thousand dollars a month here. She has a great little emergency fund. Find she wants to buy one hundred fifty thousand dollar home which means mortgage payment and everything will be about twelve hundred dollars a month when it said and done K. Putting down how much putting down Oprah wants to know how much are you putting down Actually I ran some numbers and the with the New Jersey Grant I would need to put down about five thousand dollars our to get that money from that would be from the Emergency Fund. Good question good question of are you going to put down five thousands of then you're only going to have thirty five hundred in your emergency fund. Next question should be. What are you going to use for closing costs to move? You are denied and the reason is this. You can't use your emergency fund to put down as a down payment on a home because if anything goes wrong you have a refrigerator that breaks your heating breaks you get flooded. Whatever it is you have no money to get you by. So the rule of thumb is this. You need at least an eight month. Emergency Fund besides your down payment so that if something goes wrong you have a place to go and continue to make the mortgage payments so that you don't lose everything that you have so I'm sorry to say you're not quite ready to do it. However here's the good news. Real estate prices in my opinion aren't going anywhere right now. Now they're gonNA stay right about sorry real estate but they're gonNA stay approximately where they are. Just keep saving. Just keep doing exactly what you're doing and then when you're ready you'll buy a home that you really can afford an enjoy because I got news for you. If you buy a home that you can't afford it's going to be anything but enjoyable. Trust me on that one is time for other people who do have the savings account and they do have a little extra cash is this. Is this a buyer's market now? I will forever believe that buying a home. You can call your own an any market if you can afford. It is a great investment. Because why you can't live in a stock certificate right. Joanna bring you some relief so you need to do a little more work building up that savings account. So you're not barring the money for the savings account for your down payment. That's that's what Suzy's saying and I agree with that. Okay so the interesting thing about Joanna is that she'd already been approved. Although suzy denied her. She's been.
Warren campaign fires senior staffer for inappropriate behavior
"In a report from politico Elizabeth Warren's presidential campaign has fired its national organizing director rich McDaniel after an investigation into allegations of what it called inappropriate behavior over the past two weeks senior campaign leadership received multiple complaints regarding inappropriate behavior by rich McDaniel according to campaign spokeswoman Kristen Orman in a statement over the same period the campaign retained outside counsel to conduct an investigation based on those results the campaign determine that is reported conduct was inconsistent with its values and he could not be part of the campaign moving forward a person familiar with the investigation said there were no reports of sexual assault but could not comment further don't forget you can listen online anytime at USA radio dot
We Are Using So Much Sand and We're Running Out
"So sand. There's a lot of it so much so the way back in the day archimedes one of our favorite people mm-hmm used it in a thought experiment called the sand reckoner and in the sand reckoner he basically he created the to start figuring out how to how to create eight numbers to express extraordinarily large values because Eddie used for still yeah just because there's so much of it. It's either depends. There's the world is divided into two types of people chuck people who point to the stars as an enormous number example of enormous enormous number of people who point just sand and then people like us that use big. MACs that's right. That's true that size though not number it size it could be length member. We've stacked them to the moon before your but so archimedes came up with the base of one hundred million that's what he started with and he figured out how to how to express the numbers up to eight times ten to the sixty third power with the sand reckoner thing and the point of it is is like yes. There is a ton of sand a lot of sand so much so I've seen that there's seven and a half billion billion grains of sand just on the world's beaches that's from University of Hawaii. I saw another one from a Chris Flynn from to Orla Observatory in Finland. He estimated a million billion billion grains of sand just on the world's beaches so I'm just going to say it could Jillian Jillian bazillion because apparently yes yeah but there's a lot but the point point is this there is a lot of sand especially depending on the math and the green of the grain size that kind of stuff but there's a finite amount of sand end and what's been going on behind the scenes for decades now is a very rapid depletion of the the available sources of saying so much so that it is literally being shuffled from one part of the world to another from poorer countries to wealthier country sometimes from some inland areas out to other areas from the rural areas to the cities There's a huge sand shuffled going going on and it is proving pretty rough for the environment as a result. Yeah I mean first of all. I'm forty eight years old and this is the first I've really heard of this like I I don't know I thought that was just enough sand for all the time you would think so. I mean look at a desert. That's a lot of saying right right but here's the deal we use about fifteen billion tonnes for just construction every year and they are mining worldwide about forty billion tons of sandy year. I think that sand and gravel but still well. I do know that it is I think with gravel. There's a UN report called sand and sustainability. I love that report from UNICEF United Nations Environment Programme so crushed rock sand and gravel account for the largest volume of extracted solid material. We'll worldwide okay so you're saying like more than oil more than natural gas more than any other as solid material yeah okay. I think so. I'm not sure what they mean by. That is is oil a solid. I don't know so I saw also put his like as far as extractable raw material sand and gravel aval is by far the most extensively mined said and we'll get to it in detail but the spoiler here is although new sand is being made constantly by erosion which also gonNA cover not nearly nearly quickly enough are used as far far or out basing it yeah which makes sand non-renewable resource technically just like oil like yeah is is if you know the the environmental conditions are right over time new oil will be made but we're talking over very long periods saying doesn't take nearly as long to form as oil does but it's still takes way longer to replenish itself than and then we're using it up. That's right so let's talk a little bit about thing yeah so we get sand. Santa's the final product I guess I even hate calling it a product but I don't mean it in the sense of something to be bought and sold even though it is but it's the final product of erosion from everything I'm from water and wind of course to ice and land liking glaciers grinding against own graduates sand and volcanic lava even when that stuff chills and then shatters when it makes contact with air. That's how you get lava sand like the black sand in Hawaii. Yeah and that's that's really good is a soil soil mentor apparently because it's like a locked in carbon. I believe right yeah I mean I'm sure it's at the red clay here in Georgia. Sure in your cooking you're you're cooking with volcanic ash that's right there's also rain the mile bid of like acid that isn't rain instill even though we we beat acid rain beat it bad there there's still some in there always whether's rock so that helps her road rocks and create sand two and then you've got geological sources of saying which is just straight up rocks you also have biological sources of sand things like coral four. ORMAN era. I believe four Minera no forum Farah I got it. I got very very very tiny shelled creatures that that produce like white or pink San sometimes and then there's also we get sand from the poop of the Parrot Fish did you did you hear about about that yeah. We talked about that before did we. It didn't strike me It didn't ring a bell at all yeah it was it was either. I don't think it was doing. I feel like it was further. It must have been coral reefs. Yeah Yeah Yeah Yeah. That's it because they actually eat parts of the coral reef accidentally while they're eating food and there's guts grind up the reef and then they poop out pure beautiful white sand like hundreds of pounds of white sand a year yet but when you really are talking about sand most of us think of a sand we're thinking wind and Water Generale Array rivers and then in the desert of course wind right and then the desert we must have talked about this in San Dunes that the desert's are just ancient beaches teaches them old like seabeds and things like that riverbed sometimes it's right and as far as what sand is literally you know it's parts of Rock seventy percent the hardest parts of rock seventy percent of sand is courts but you've also got gypsum in there. You Got Limestone. we already we talked about lava like there are other compositions and it really depends on what kind of Sandra GonNa have on obviously what kind of rock it came from like where you are in the world right and then if you're an engineer or somebody who makes use of sand they they typically don't classify or categorize it by composition they more interested in the size so sanders if there's not one universal definition which I found kind of surprising thing but depending on who you ask it is civil engineering today says it's a small grain of rock finer than gravel coarser within silt the American Society for testing materials they produce their standard practice for classification of soils for engineering engineering purposes unified soil classification system. That's all when title they say that. Sand is particles of soil between seventy five microns in and four point seven five millimeters in size. That's a big piece of sand and it comes in course medium and fine and this is extraordinarily boring. I understand that fully but it points out the fact that sand is still a rock. It's just a very very tiny size rock right like there's gravel their silt sand in between but it's still rock. It's just a different size as far as like engineers and construction people are concerned right and depending on again and what kind of rocket came from and what it's made of where you get it and how it was formed. The shape is going to be different. it can be very rough. It can be very smooth around the river sand which is what's mainly used in construction is irregular and they need that irregular shape for that kind of construction. Yep because the the the middle sort of sand which is the smoother ocean sand isn't as good and desert sandwiches. The Creme de la Creme of sand very very polished very uniform and smooth around turns out is not good at all for construction no so so the three types of San that we find on earth are river which is irregularly shaped ocean which is smooth and desert which is Billy Dee
"orman" Discussed on KSFO-AM
"Orman has a podcast, and it's called women and money to greatness, doesn't just come when you get everything that you want to great discounts when you've lost something and you rise above when something has been taken and you find the energy to replace it with what you need Suzie Orman, women and money downloaded free and easy to apple podcast, Google podcast. Listen it Suzie Orman dot com or you get your podcast from the Westwood One podcast network. With your Mayo Clinic Radio Health Minute. I'm Jeff Olson hearing aids because their digital can be adjusted over a wide range of hearing loss. That's one reason. Why audiologist Dr Cynthia HOGAN says with hearing aids one-size-fits-all does not apply. So there isn't one best hearing aid for older people versus younger people. Basically, we try to choose a hearing aid that's gonna fit the person's needs important decisions include whether the device will have rechargeable batteries or ones that need to be replaced and whether to hearing aid will sit behind or in the ear one of the benefits of an inner devices whereas can answer and listen to a phone call as they have their whole life. Some hearing gates can even connect to a person's cell phone. They can watch videos or things like that directly from their phone to their hearing and audiologist Dr HOGAN can help you sort through all the options and create a personal solution for your hearing problem. For more information talk with your healthcare provider or visit. Mayoclinic dot org. Warning. If you're drowning in debt you can't afford, do not let the credit card companies trick you into thinking that you have to pay it all back because you don't what the credit card companies don't want you to know is that there's actually.
"orman" Discussed on The All New Suze Orman's Women and Money
"Jackson is proud to present Suzie Orman women in money podcast empowering women to take charge of their finances. Suzie Orman here, and you are listening to the women in money podcast. Now, this is not your ordinary money podcast for there is nothing that I do that is ordinary. So if you wanna be the powerful woman that you were born to be in every aspect of your life. Then you have come to the right place. We are. Here. We will. They are. The how happy I that. You are all loving the difference of our theme song from where we changed it from. We will survive to we will arise love that getting so many emails about that. Who knew you hated the original version so much few like that song? It's by F E together, we will rise and it is on Spotify. Let's talk on talk about two things today. The first thing I want to talk about is anger. And how anger is the main internal obstacle to wealth. And I wanna talk about it in terms of Email that I got as you know, if you wanna ask a question, you can right into ask Susie podcast edgy, mail dot com. And I personally I do nobody else does. I do. I look at all of your emails, and as you also know I answer many of them directly or I'll call you or get around to them and literally answer them on air, or if I feel like I've already answered it so similar than I just thank you in my heart for sending it in knowing that if you listen to the podcast, you will absolutely find the answer. So now it is around March seventeenth. Of two thousand nineteen and this woman. Julie she writes in and asks what rights do I have as a mother to my children's five twenty nine college savings plan, I'm separated and getting a divorce the checks were written to my children from my inlaws, and he's been controlling the fund the entire time. That was her question to me. And I wrote her back in answer as to what I thought she should do. She writes me back and says that you know, I'm just wrong that my answer to hers, absolutely wrong. And I'm like, are you telling me that I just gave you a financial answer that is wrong. Usually you you are telling me and how I'm getting angry. I'm getting angry, but I'm getting angry because of how. She speaking to me, I write her back Suzie Orman Bright's her back to help her. 'cause I want to be there for you. And now she is writing me back in the most insulting way. But I don't let it bother me. It's like, okay. Okay. I get it. Your anger isn't really at me. Julie it is at your ex husband and the situation that you're in. So I write her back again to clarify to really clarify state everything about how five twenty nine plans work, and what she needed to know. And she then again writes me back and says ridiculous answer, totally confusing. I'm going to show my count this answer. This is wrong. I'm like, okay. No problem. And I again, right? Her back on a fool. Oh, was I like, you know, I just don't want to give up on you. I want to say, no, no, no. I know what I'm talking about high promise, you I know what I'm talking about. So I write her back again with the correction of what she needs to understand. But at the end of what I write her. I tell her do me a favor show, everyone you want. And hopefully, you'll find the answers you want. And she writes me back again and says I most certainly will your answers are bogus and not clear. I'll get the answers that are correct. From someone who understands financing can explain that's what this E mail was attended for. Can you imagine can you imagine? And so I'm like, I am never answering this woman. Again, I am not going to correspond with her. Again. Why would I do? That when I know that I am one hundred percent, correct. And she does not have a clue about what she's talking about. And then just last night at practically ten PM. I get another Email from her that says, I just read
"orman" Discussed on KLIF 570 AM
"Orman has a podcast, and it's called women and money. This is a podcast that interacts with you and gets you involved with your money. So if you always feel like you're broke, no matter how much money you're making no matter what you do. This is the podcast for us. Suzie Orman women in money, downloaded free and easy. Apple podcast, Google podcast. Listen, it's Suzie Orman dot com or get your podcast from the Westwood One podcast network. One eighty over one eleven and I had a stroke. Speak walk. This is high blood pressure. Get back on your plan. Go to lower your HP dot org. Brought to you by the American Stroke Association American Medical Association and the Ad Council. When did it become ok for men to be Lazier softer fatter? We need to bring the men of this country back to gray this, and it's easier than ever with ageless male max, a patent pending formula with an ingredient that helps boost your total testosterone promoting greater increases in muscle size and twice the reduction of body fat percentage that exercise alone. Plus an amazing sixty four percent increase in nitric oxide, which can be handy in gym and in the bedroom. Take your manhood to the max by trying your first thirty days bottle free just pay shipping and handling not ten days not fifteen days, but a full thirty day supply free. When you text the word fast to seventy nine seventy nine seventy nine finally a formula that boosts total testosterone if you'll results with ageless male, max are two and tents, please decrease. Use for your free bottle text fast to seventy nine seventy nine seventy nine text f a s t to seventy nine seventy nine seventy nine..
"orman" Discussed on The All New Suze Orman's Women and Money
"Jackson is proud to present Suzie Orman women in money podcast empowering women to take charge of their finances. Suzie Orman here, and you are listening to the women and money podcasts. Now, this is not your ordinary money podcast for there is nothing that I do that is ordinary. So if you wanna be the powerful woman that you were born to be in every aspect of your life. Then you have come to the right place. We will. The Valentine's Day everybody. Great day. Right. This is the day that you wake up, and that you're really nice to the people that you love, and you give them little hearts little cards, and flowers and candy, and all of these things and you celebrate year love I love that. But for today's podcast. I wanna talk to you about me. I know it's like why should we hear about you Suzie Orman on Valentine's Day because number one I love telling you stories, and it really is my wish and desire that you learn that we all learn through storytelling. These are stories that will literally I hope save your financial lives, which means they save your life. And as I'm sitting here. And I'm recording. This. My back is out. I've totally just gotten over one week of the most horrific cold in my life. And I can barely move because of my back, and I'm thinking to myself. Why would I want you to know about how really crappy I feel odd Valentine's Day? Well, let me tell you a story. So as just about a week and a half ago, and I was hired to do a talk in Kabo in Mexico. And I thought I know will go to Kabo I'll give this talk, and then KT and myself and Columbia the man who lives with us on the island. Well, all go together. And we'll all go fishing because I've never really fished in the Pacific, and as many of you may know, I seriously love fishing, but I only catch fish that. We can eat not only that we can eat. But that we can share. With lots of people and that they can eat it as well. So that our efforts and the fishes life isn't wasted. And it feeds people so I go, and we have a great time. We're on the plane going there, the three of us and we'd land, and I give my talk, and it's a fabulous talk. Everybody loves it. And I'm so excited. And so we think all right. Let's go explore. Now. Let's go see San Jose. Let's go see cap of some Lucas, by the way, San Jose is far better. If you speak. Let's go explore. And we're out exploring an as we're exploring little by little. I'm starting to really feel horrific. I'm sweating. I'm having aches everywhere. My nose is running. And by the way, I should have known something was going wrong because on stage when I was giving my talk my nose started to drip. So I needed to ask the audience. Does anybody have a Kleenex because you know, you don't wanna stand up there on stage and white beer self in. You know, how it is on your sleeve, you gotta act kind normal. So then obviously everybody wants Suzie Orman to use their Kleenex. All these people rushed the stage. I take one white my nose, and I continue, but that should have been a sign. So again later on. I'm feeling really really horrific. My energy goes my body's aching. It's like what the heck? And I say to KT we really need to go back to the hotel. We go back to the hotel and KT says to me, but Seuss, you know, tomorrow morning, we are scheduled to go fishing, please. We gotta go fishing. We brought Columbia here. Just so he could fish. We gotta go Suzy. And I'm sitting there going, okay? I'll try and I get up the next morning and. Still not feeling great. But I'm like, I can do this. I can do this because I love KT so much. I actually love Columbia so much like my son. Now, it's I can't disappoint them for them. I have to do this. So I go fishing were on the boat already at six thirty AM in the morning. And it's windy, and it's cold and were fishing and everybody's having a good time. And yes, we caught tuna and everything, but I'm feeling like this was not the best thing for me. I'm glad I did it for them. But I should not have done it for myself. All right. We come back. We then do, you know pack up and everything because we have to now go back to Florida because now I'm scheduled to give a nother talk. The very next day in front of about two thousand people. All right. We fly back. I come home. Now. I have a fever. I'm really feeling horrific. I barely can speak and yet I have to go and give a talk. All right. I go and give a talk the next day. Somehow, I managed to get through it. I have to do a photo shoot with everybody. And I'm thinking grade all these people are gonna get sick. So one by one I'm telling them, you know, I have a horrible cold. I don't think you should come close to me. They don't care. I do the photo shoot. I have to go to an after party with everybody. And then I get to go home. And then the very next day we leave to come to the island right now back on the island. We haven't been on the island for at least a month. And the weather is perfect. I'm still feeling horrific. But the. The weather is perfect. And now Colombian KT. They wanna go wa who fishing, and there's only two days that I can see that we can go who fishing because the weather's going to change. And because I love them so much so much. I say, okay. And the first day we go out, and we catch two big ones in it's fabulous. And I come home that night. And I'm now still feeling so horrible. I can't tell you. But I got through it. I got through it. I did it for them. And the next morning we get up, and it's again a beautiful day. And they look at me. And they say, let's go again, and I go, okay. And I go again for them because I love them and love them so much and now it's rough this day. And now we're being banged all around up and down. And we don't catch anything. We come back and I get out of the boat. And now I'm coughing and I'm coughing and I'm coughing. Because I still have the cold the virus. And now I pull the muscles from coughing so hard in my right back and now I can barely walk. And now, I'm like going. Okay. I got a really take it easy because it another week. I have to do five hours of live television. Like how you going to do that Suzie Orman? Now, why am I telling you this story on Valentine's Day, I'm telling you this story because just because you love somebody. So so much doesn't mean that you should do things that you know, will be harming yourself. Sometimes when you really love somebody. You just say I love you so much, but I just can't do this. I have to take care of myself. But I didn't have the strength to do that. Because for a second. Somehow, I lost it. And I thought love to love is me doing this for them. So that they. Went to Mexico. So that they can do this. So they could take advantage of. Wow. Who fishing all of that? And now, not only my suffering, but truthfully Katya suffering as well because now KT s to take care of me. And now I can see KT is coming down with a cold. And here we go. So on Valentine's Day on this day. I just want you to think about love unconditional love. Unconditional love not for observers, but for yourself, I want this to be a Valentine's Day where you celebrate the love that you have for you that you find new love for you that you take actions that enhance who you are out of love for yourself that you make sure that you put yourself first before others. Now, I know women, especially we all wanna put others. I I did last week. And look what happened. But if you really want to put others first, you would put your self first yourself, you know, I've always used this example, even though many people have copied it, but the example of sitting on an airplane, and before you take off you hear an announcement that when the oxygen masks fall down put it on your. Face first, then your child's women they're talking to us. They're talking to us because you know, that you would take that oxygen mask and put it on your child's face. I before yours, but as something happened to you what's going to happen to your child. So true. Love would be putting the oxygen mask on your face. I not only when it comes to money when it comes to every single aspect of your life because you are the one who holds everything together, you are the one who takes care of your parents, your children, your brothers your sisters, your spouses, your employers, your employees, you take care of everybody your pets, your plants everybody. And when you go down what happens to all of them? What happens to all of them? So Valentine's Day, I love Valentine's Day. I want you to write a Valentine to yourself telling yourself how much you love yourself. How? You mean to yourself, and how you vow that starting today you are going to be your own Valentine, you're going to take care of yourself. And you're going to make sure that you love yourself more than you love every buddy out happy Valentine's Day, everybody.
"orman" Discussed on WMAL 630AM
"Reduce risk after you've taken advantage of opportunities in one of the problems for people is they're giving a false choice that they need to be risk on all the time or risk off all the time. And I understand there's financial planners. There's Dave Ramsey and Suzie Orman that tell you have zero debt at all times. Well, you can have zero DAT. But what's going to happen is you're not going to be able to leverage to take advantage of opportunities. And if debt is manageable, it can be totally appropriate and allow you greater return. Now, the other side is all sorts of folks that have been totally risk on people in business people in real estate that are always pushing the envelope and the even the financial advisors. The idea is you should always be invested. You should always be one hundred percent exposed to the market. Well, that's an incredibly high risk perspective. And if your risk on all the time whenever we have these market befall Bax whenever we have the market getting cut in half. You're gonna Zohrab all that risk. And we're gonna spot in the market. We're at an inflection point right now. This is a great opportunity if you haven't done it already to take your risk off and severely reduce your exposure to this this market that doesn't have any wind behind it and has no volume behind it. And there's nothing wrong with waiting last year. If you'd wait it out, you have lost the money that you lost and this year, if you wait it out there probably will be a better time for you to invest that money into the market as the market goes through its Mackin nations and crashes down again. And so what we want to do. Let's be smarter with those assets and not just expose those assets to risk with no plan for return. What I want you to be very intentional with your assets. And take a look at your your assets and say what have you done for me lately? And if your assets are not in a position to get you double or triple digit returns, you need to take a look at what you're doing. It's okay to have some money and preservation mode that gives you peace of mind and lets you sleep at night..
"orman" Discussed on WMAL 630AM
"Financial planners. There's Dave Ramsey and Suzie Orman that tell you have zero debt at all times. Well, you can have zero DAT. But what's going to happen is you're not going to be able to leverage your assets and take advantage of opportunities. And if debt is manageable, it can be totally appropriate and allow you greater return. Now, the other side is all sorts of folks that have been totally risk on people in business people in real estate. That are always pushing the envelope and even the financial advisors. The idea is you should always be invested. You should always be one hundred percent exposed to the market. Well, that's an incredibly high risk perspective. And if your risk on all the time whenever we have these market Paul Bax whenever we have the market getting cut in half. You're going to absorb all that risk. And we're gonna spot in the market. We're at an inflection point right now. This is a great opportunity if you haven't done it already to take your risk off and severely reduce your exposure to this this market that doesn't have any wind behind it and has no volume behind it. And there's nothing wrong with waiting last year. If you'd wait it out, you wouldn't have lost the money that you lost and this year, if you wait it out there probably will be a better time for you to invest that money into the market as the market goes through its Mackin nations and crashes down again. And so what we want you to do. Let's be smarter. With those ask. Sets not just expose those assets to risk with no plan for return. What I want you to do is be very intentional with your assets. And take a look at your your assets and say what have you done for me lately? And if your assets are not in a position to get you double a triple digit returns, you need to take a look at what you're doing. It's okay to have some money in preservation mode that gives you peace of mind and lets you sleep at night..
"orman" Discussed on Newsradio 1200 WOAI
"Susan arm Orman who's the financial commentator a lot of people have heard in syndicated radio. And I want to share something that Suzie Orman said he said she said that she believes that people shouldn't retire too early. We don't agree with that you need at least five or six million dollars. Really, you might even need ten short of that. It's just not going to be enough for most people. And I personally think that it's the biggest mistake financially speaking you will ever make in your lifetime, quote, Suzie Orman. Well, let me break that down. Hall backwards and out of touch with reality. A statement like that is especially from somebody that thousands of people listen to for advice. See these comments miss one key strategy of achieving your dreams and real estate is the vehicle that you I and wealthy. People used to beat those odds to further illustrate how audit touch Susie is with better options that are available for retirement. I found another quote from her in a Wall Street Journal article that was back in December of two thousand fourteen written by Kansas Jackson, were Suzie Orman said she doesn't try to invest in real estate saying it's not my forte. Instead, she buys places that she likes relatively modest homes in nice locations, and she's willing to pay market rate for them despite what the current low interest rates are for home. She likes to pay cash if I can't write a check for it. I can't afford it. She said, well there you have it folks. This old school approach is never gonna. Get.
"orman" Discussed on KLIF 570 AM
"Here's an article of Suzie Orman wrote. There was in money. And it says Suzie Orman says this is the biggest mistake you can make with your retirement saving, and I'm not gonna read article. But what she talks about is. Sometimes people will take money out of their 4._0._1._K, and they'll go pay off their debt that could be a huge mistake for you. I'm a big fan of getting rid of debt. I just don't think that's the correct way to do it and neither to Susie. But. We do things very very different. And you know, I was talking about the people don't like change. And if you've listened to me before you might have heard me use an analogy of of an ostrich sticking his head in the sand. And I read recently that ostrich don't really do that Travis. They don't really stick your head in the sand. Really? But we've heard that all of her life, and and ostriches may not stick their head in the sand. But a lot of people do they just again, they don't like change. Oh, gosh. I made so much money eighties nineties, and my my current advisor dish says it I just have to ride out down on the back of your mind. You're thinking, hey, there's another crash around the corner. But gosh this adviser so nice now I've been with them for twenty years, and and they got all my money back since two thousand eight they got it. All back should not be happy with that. Well, had you been with us and for the last five or six years, you.
"orman" Discussed on Listen Money Matters
"She's an author, financial advisor speaker, a television and a podcast host. You probably know her best from her guest appearance on season six episode, five of the hit television program, thirty rock starring note. Okay, I'm just I'm just getting that that is an accurate, but it's my favorite. You probably know her best from the Suzie Ormond show or one of her six consecutive New York Times bestsellers, and let's get it straight line rights. You gotta get it straight now and what are you talking about? Thirty rock and she watch Saturday Night Live eight times Kristen wig in personnel and me and urine profile. I just boat. And what is this that it's early? What did it about book I drinking at nine out for like God knows how many hours I should be going sleep by now. And the boys just got up and they're drinking. It's early for drinking, but hey, if if you don't think it's early for drinking, then by all means next time I'm not gonna say that no problem. All right. Nine, nine consecutive New York Times bestsellers, and her latest book is a revised and updated two thousand eighteen version of her popular bestseller women and money. Suzie. Orman welcome to the show. Thank you. And I'm happy to be here because you to sound is crazy. As I know I am. Thank you. That is a that is quite the compliment. I will take it and I'm going to take beer shit. I'll take. I'll take some of my herbal tea. Boozing it a little. Let's. You know when in Rome. So let's start off by asking the question about why a book about money just for women. What do you think are some of the biggest personal finance differences across genders for that? Let's get real. Have you been watching the news lately? Have you been seen all the sexist stuff that is going on. You have been violated the metoo movement now, obviously not everything happened that was related to money, but if you just think about it, everybody, why did many of the women do things that they did not want to do who would have wanted to do with Harvey Weinstein? Are you kidding me? I've seen in person. You have got to be kidding. That's a nice way to describe him. But the truth of the matter is is that women will do anything to take care of their families. Women have the ability to give birth. In most cases, they have the ability to feed that which they've given birth to in most cases. So it is their nature to nurture sweethearts. They will go out there and they'll make more money than you have ever even seen in your life, but they will take that money and they will make sure that everybody else is nurtured with it. And then by the time they are fifty sixty years of age and all these crazy things have happened to them, they will say, what about me? Women can be as powerful as they are meant to be. Women can have the ability to say, no, I'm not doing that with you when they know they don't need the money, you will say, yes. If you want the job, the part, the promotion, the pay. Say to take care of your family, but if you have money, if your powerful over the money that you have, you have the ability to say, are you crazy? So the time has come once again for me to say, all right ladies. You're finding your voice and speaking up and say me too. Now, I want you to say money as well. What do you think that is specifically for women as opposed to say any other gender? Well, the only other gender that's out there is the one that's doing it to the women. You know. So I don't think men have to worry about it too much then are used to for years now. This is obviously changing where I was. I gave a talk the other day in pointed. I've rocked the house to a sold out crowd at the Apollo, which by the way we'll brag. Humble brag, you stand on that stage and you do what I did that night boy. Get up there, but it will be shown Tober first at eight pm on the Oprah Winfrey network. So all of you should Mark your calendars to see house that was Rockin about money..
Complete NASCAR Bristol qualifying results: Kyle Larson takes the pole
"News Larsen will lead, the pack heading into tomorrow's race at Bristol Motor Speedway, was a close call even nearly a qualifying crash with, the number forty two earns the poll in the race go the bottom for, the first time We talked about audio. Courtesy of NBC sports Kyle Larson hanging on at thunder valley to earn his third pole. Of the season starting in, I for Saturday's bass pro shops in our a night race at Bristol Motor Speedway Larson chase Elliott Kyle Busch. Paul Menard and William Byron the front five or Saturday's action at thunder valley which will actually, start an, hour earlier, than, anticipated, at six thirty PM. Eastern time due to severe weather in the
No verdict in Manafort trial Friday, jury will continue deliberating Monday
"News at least for today day two of deliberations at the Paul Manafort trial boxes Peter Doocy at federal, court in Alexandria Virginia jury sent a note to the judge asking if they could leave today at five pm because one of the jurors. Has an event so obviously that suggests that they are not ready to have. A verdict done they just want to end deliberations today by, five pm yesterday jurors had questions including the definition. Of reasonable doubt the defense says the longer they deliberate the. Better for Manafort the president's former campaign chair. Denies any wrongdoing he's charged with eighteen counts over, past business
Puerto Rico utility completes restoration 10 months after Maria
"I'm, Shay Stevens Kansas, governor Jeff call your says he's. Conceding his bid for, reelection tobacco challenger and secretary of state Chris Kobuk as Steve facade of the Kansas news service reports Collier's announcement comes a week after a Jew pre-primary that remained too close to call Khobar. Put pressure on call your in. A press conference earlier. In the day saying they Kansas Republican's needed, to unite and not stole their general election campaign any longer only a few hundred votes separate the candidates and several counties. Still had to report their official tallies the, call your acknowledged, the votes he, needed words. Materializing this election is probably the closest in America but the numbers. Are just not there unless we would go to, extraordinary measures co now moves forward to. A three way general election facing democratic state. Senator lure Kelly an independent businessmen Greg, Orman. Friend PR news I'm Steven visa into peak A Pennsylvania grand jury report is. Accusing the
"orman" Discussed on The Adam Carolla Show
"From corolla one studios glendale california this is the adam corolla show that today from podcast ones women and money suzie orman plus comedians natasha zero and moshe casher gina gina grant grant on on news and bald bryan on sound effects and now if he seems less angry because he's still rolling on from coachella get it on got to get it on choice for the mandate it get it all on man thanks for tuning in and we really do appreciate you finding somebody turn onto this podcast that's your job will do our job over here and your job is turn people onto the podcast day gina grant brian news i miss arly army boy all right i like your peak lapel very sharp jackie's success thanks yeah had to go do a prager you and i always tell you where something nice from the from the from the top was you spouse upon i did the the commencement speech for the graduating or whatever the seniors whatever that you're now you're going into the world graduation eighteen yeah yeah and i sort of took a deep dive into the language of losers with anti commencement speech which all things you shouldn't listen to live by well it's interesting it's very it's very interesting and i never really thought about that the subject obviously i have been thinking about it they're they're they come the language of losers it's language that's created to remove the onus from you know canada and once you remove the onus from you now the onus makes you gotta be some nfl drafty name onus wilson or something.
"orman" Discussed on Rich Dad Radio Show
"And that's kind of and the philosophy in the why rich dead has done so well so very happy to have rene mall born and she ed chan him have have done fantastic worse with the book is called blue ocean strategies in two thousand five and early this book is blue ocean shift and what i'm very happy about is running a has been able to put into words that corporate america and hopefully this education system can here because you don't have to compete you see in the real world you're only competition is the future has nothing to do with tony robbins or for me or dave ramsey or suzy orman or the banks ovalles' it's really what are you going to do in the future your competition lies in the future not in what people are doing today and the good news is if you focus on what's going on in the world today does more opportunity than ever before as long as you don't have to compete against some other persons doing a better job the new that's a so renew welcome to the program raul thank you thanks for having me i love guaranteed action about how you set out to create a below him by now looking to the competition and the other people are dave ramsey or tony robbins you're really started the whole life coaching industry they became a two billion dollar industry many people are in it so the opportunity is there infinite and i think the premise of course russian strategy in our new book and shifted.