Ask Suze (and KT) Anything: April 1, 2021
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.6 • 4K Ratings
🗓️ 1 April 2021
⏱️ 36 minutes
🧾️ Download transcript
Summary
On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Michael, Laura, Anita, Taxi Cat, Carmen, Nicole and Tycee, selected and read by KT.
This week’s questions:
- I have an eight month emergency fund and my only debt is my mortgage. How can I make the extra money I have saved grow?
- Why do the number of people owning a stock help dictate it’s share price?
- At 47, is it too late for me to own a home, especially if I am working to get out of debt?
- What can I do about my anxiety about falling back into financial distress?
- Should I claim bankruptcy to reset after financial setbacks beyond my control?
This week’s Quizzie (from Dee): I’m retired. Should I take the money from my 403(b) and roll it into a ROTH or traditional IRA?
Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast!
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Transcript
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| 0:00.0 | Hi everybody, Susie O'Hare. And I just want to say how proud both KT and I are that once again |
| 0:07.6 | a Lyon Credit Union is supporting the Women and Money Podcast. I want all of you to go to my |
| 0:16.4 | alliant.com. That's M-Y-A-L-L-I-A-N-T.com. And you will find their high interest rates on your |
| 0:26.2 | savings accounts. You're going to find that their CDs are offering great rates and we have a lot |
| 0:32.2 | of surprises for you this year. So be a member and be a member right now. |
| 1:02.2 | April 1st 2021. April Fools Day. This is Asusie and KT. Anything. I want to know what KT asked |
| 1:20.5 | me before we went on to start this podcast this morning. I do like my new haircut. I do like your |
| 1:26.6 | new haircut. Is that what you were going to say? Yes. April Fools, I really don't. That's not true. |
| 1:34.6 | You told me you liked it. I do. I like it a lot. I really like when her hair is short because then |
| 1:41.0 | she looks kind of punky and cool. I have very white shiny hair. And we just have to tell this one |
| 1:48.8 | story. Do you know why KT doesn't color her hair anymore? And why she just let it grow in to be |
| 1:56.0 | white and silver and beautiful like it is? Tell my KT. Do you remember? Yeah. Suzy yelled at me. |
| 2:04.0 | Why? Because she said I wasn't... If the roots of my hair were starting to come in gray, |
| 2:11.1 | if I didn't do anything about it, then either save the money and just let it grow out or spend |
| 2:17.0 | the money and get it done. So what do you think I opted to do? Yeah. She opted out. That's one I |
| 2:22.8 | knew. I got to marry this woman. She opted not to get her hair colored anymore. And how much did |
| 2:29.6 | that save us per year? It's just saved us a ton of money. I loved it because it saved us |
| 2:35.9 | seriously a few thousand dollars a year. It did KT because it was crazy. Which is crazy. Which I |
| 2:44.1 | so loved. Okay, a little rainbow colored head. Happy April fool, Suzy. Okay, my first question. |
| 2:52.9 | Are we ready because I have a great question. I have a great opening question. They're all great |
| 2:57.2 | questions. This one is from Michael. I picked Michael because I'm going to tell you why. He said |
| 3:04.5 | hi KT and Suzy. Oh, now here's what's happening everybody. You're all putting KT's name first. |
... |
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