Thursday, May 23, 2013

Suze Orman on ANC



Takeaways from Suze Orman's interview:

  1. It's easy to pay off credit card debt, the real question is why did you get into debt in the first place.
  2. Normally, when you feel less than, you spend more than. Don't spend money you don't have to impress people you don't even know or like girlfriend!
  3. Know the difference between a need and a want. Before buying anything, ask yourself if this is a need or a want, if it's a want, walk away.
  4. If you don't have enough money to pay your daily necessities, then you shouldn't even think of investing yet. Find a way to make more money or to spend less. That could mean getting a second job or freelancing or doing with less, whatever it takes, just do it.
There are so much more nuggets of everyday wisdom in the interview so do take the time to watch it in its entirety.

I love you Suze! You're my hero.

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