Financial Danger Signs

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

Suze Orman Media

Business, Investing

4.6 • 4K Ratings

🗓️ 19 September 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s podcast, Suze shares some lessons on why we should not make emotional financial decisions. Then, Suze walks us through investing in crypto and planning your retirement.

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Transcript

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0:00.0	Hi everybody, Suzy Orman here and Katie and welcome to the Women in Money Podcast and everyone's
0:06.0	smart enough to listen. And both of us are so proud to have this podcast sponsored by a
0:12.5	Lyand Credit Union, the home of the ultimate opportunity savings account. This is where if you
0:19.4	simply go to myalliant.com and why a L L I A N T dot com open an account and deposit $100 a
0:31.1	month every month for 12 consecutive months. What's going to happen Katie? A lion is going to pay you a
0:36.9	bonus of $100. That is the place that both of us want you to save. So go to myalliant.com and do
0:46.2	what Katie? Look for Suzy and start saving now.
1:16.2	September 19th, 2021. Good morning everybody. Now before I even begin today's podcast, I just
1:30.1	really want to say so many of you have already written in and you've said, Suzy, we missed you
1:35.6	last night on HSN. What time are you going to be on HSN today? It will be 3 p.m. East Coast time
1:44.8	12 p.m. Pacific time. Remember it is live. So if you want to an in and really I think all of you
1:54.7	should to see what I have to offer. All right, that's out of the way. Today's podcast really is about
2:02.2	financial danger signs. Because I do think that there is danger out there about how you are feeling
2:10.4	thinking and acting with your money or the money that you don't have. So the very first thing that
2:18.2	I want to talk about actually happened to me a few days ago when I was on the Today Show with
2:24.2	Hoda and Jenna. And the very first caller was a woman who loved her 7 year old child so much and
2:32.4	she said that this child was on the spectrum and he didn't really want to go out and the only
2:36.8	thing he really wanted was an RV he felt safe and that's what that she wanted to buy him.
2:43.2	And so it was like, okay, show me the money. And when the money was shown, what it really said was
2:51.2	that this woman was making a tremendous amount of money. She was making at least $10,000 more a month
2:59.0	than what she was spending. So obviously her paycheck allowed her to buy this RV and the cost of it
3:06.9	by the way was approximately, you know, $120,000. Anywhere from 90 to $120,000. That is a lot of money.
	...

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