Ask Suze Anything: July 18, 2019
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 18 July 2019
⏱️ 27 minutes
🧾️ Download transcript
Summary
In this episode of Ask Suze Anything, Suze answers questions from Women & Money listeners Katie, Toni, Rose, Donna, Terry, and Edie. They ask:
- Is 47 years of age too old to start building your retirement savings?
- Do I have enough money to start a new business?
- Where is the best place to store my “Must Have" documents?
- Should I put more into savings vs. paying down the principle on my mortgage?
- Should I be with someone who doesn’t have a day job, but is chasing “the next big thing?"
- Should I invest in bitcoin and pot stocks?
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Transcript
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| 0:00.0 | Hey, everybody. I want you all to take advantage of the incredible interest rates that a |
| 0:05.7 | Lyon Credit Union is currently offering 4.5% for a three-month certificate, 4.75% for a six-month |
| 0:15.2 | certificate. But best of all, in my opinion, is 5% for a one-year certificate of deposit. |
| 0:24.4 | You can also purchase these in a retirement account. So go to myeliantaliant.com slash |
| 0:35.2 | ultimate and check it out now. Suzy Orman here and you are listening to the Women in Money Podcast. |
| 0:43.9 | Now this is not your ordinary money podcast, for there is nothing that I do that is ordinary. |
| 0:49.4 | So if you want to be the powerful woman that you were born to be in every aspect of your life, |
| 0:55.4 | then you have come to the right place. |
| 1:19.3 | We will ride. We will ride. |
| 1:49.3 | For now what will happen? I'm getting right to it. |
| 1:53.6 | All right, from Katie, she says, Suzy, can you help me? I'm scared to death. |
| 1:59.9 | For years, I blamed others for my mistakes. Now at nearly 47, I'm owning my SH, you know where she |
| 2:08.4 | says this. But all of the mistakes I've made have left me with absolutely nothing for retirement. |
| 2:15.9 | I have a beautiful wife of nearly three years now in two beautiful gingers, ages 15 and almost |
| 2:23.2 | 18. Never heard that quote before, a ginger. All right, I knew nothing about money. So it's not only |
| 2:31.3 | me I'm worried about, but my kids, they know nothing as well. And I don't want them finding |
| 2:37.6 | themselves in the same boat I'm in right now. In order to help them, I have to help me first. |
| 2:44.2 | True, true, that's true Katie. They deserve it. My wife deserves it. And most importantly, |
| 2:50.8 | I love this. I deserve it. Am I too late to build a retirement? |
| 2:58.0 | Here's what I really need to impress upon you. I really beg you to remember that it wasn't until |
| 3:09.4 | I was 45 years of age until I wrote my first book, the massive wealth that you see me having |
| 3:19.6 | right now really started at the age of 45. It really came into effect when in 1997, 1998 when I was |
... |
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