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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Fees and Patience Matter

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Investing, Business

4.84.2K Ratings

🗓️ 29 November 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this episode, Suze talks about how we need to pay attention to the fees we pay for banking and investing.  Plus, she discusses why patience is important when it comes to that investing.

If you’d like to take part in the webinar Suze mentioned, you can visit: Buddyins.com/suze-orman


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Transcript

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0:00.0

This is your man here and you are listening to the Women in Money podcast.

0:30.0

We will rise above the liberal light we love.

0:40.5

November 29th, 2020. Welcome to the Women in Money podcast as well as the men's smart enough to listen.

0:49.5

I love this thing giving more than almost anything is giving we have ever had.

1:03.5

I know I know normally we have like 20 or 22 people and this time it was just myself and KT and Columbia.

1:12.5

If you don't know who Columbia is you just best find out and we made a turkey we did everything and it was just the three of us and it was so easy.

1:23.5

It was so easy to serve it was so easy to clean up and we got to connect with our entire family in a way than different than we ever did before.

1:36.5

Obviously it was by Zoom and we connected with all of KT's family and then we also for the first time believe it or not connected with my own family.

1:50.5

My cousins my you know relatives over the years I've kind of really drifted into being part of KT's family more than my own.

2:02.5

Because KT's family was always used to getting together and doing things as a family and as my family as we started to get older and our parents died we kind of all drifted apart.

2:16.5

Obviously when we were younger we did Thanksgiving and all of that together but then as we got older we just kind of dissipated and I drifted into the Travis clan versus the Orman not can clam.

2:31.5

So it's been years and years now since I've had a gathering with my own cousins, first cousin, second cousins, brother the whole thing and we did that.

2:45.5

We had a Zoom Thanksgiving on the Orman not can side and I have to tell you I loved it because we also when all of us were there took time to listen to one another.

3:00.5

To hear what we had to say to tell everybody what we were grateful for but in a very different way than I don't know even when we were all physically together years ago or even last year when I was all physically together with the Travis family.

3:17.5

So it was really something that I loved very, very much but it's not just family that comes together on Thanksgiving.

3:30.5

It's also friends and people who you haven't heard from in a long time tend to email you or send you a text and tell you what they're doing and how things are going and things like that.

3:43.5

Which brings us to the title of two days podcast, the theme of it, which happens to be fees and patients matters.

3:57.5

Interesting don't you think I do and here's why so many people that I've connected with over the past did text me and they told me obviously things that were going on in their lives and many of these people especially the women the abused women that we've talked about in the past financially abused women.

4:24.5

I tend to connect with me especially on Thanksgiving to give me a recap of their year and one of the women in particular was saying Susie it's hard.

4:37.5

It's really hard.

4:39.5

How do I save money? How is it possible for me to save money Susie? I bring home $1,500 a month and I'm so grateful at least that I still have a job but I have a 15 year old I have like a seven or eight year old and my rent is $600 a month and then she goes through every single item.

5:02.5

And it's true with the phone and with the cable and with everything she is spending more than what she is bringing home.

...

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