Is Owning a Home Really a Tax Savings?
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 21 September 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
Suze reviews the past week in the markets and then we go to Suze School for a lesson about whether you really get a true tax savings, by writing off your mortgage payments.
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Transcript
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| 0:00.0 | Hi everybody, Susio here now. What is the goal of money? The goal of money is for you to be secure. |
| 0:06.6 | And there is no better way for you to be secure than having an emergency savings account. |
| 0:13.2 | It is essential for your financial foundation. So all of you should be participating in |
| 0:19.2 | the ultimate opportunity savings account at Alliant Credit Union. |
| 0:23.9 | Go to MyAlliant.com to find out more and be secure. September 21st, 2025. |
| 0:42.0 | Welcome everybody to the Women and Money podcast, as well as everybody smart enough to listen. |
| 0:48.9 | And today's Susie School. |
| 0:50.6 | So simply get out your Susie notebooks. |
| 0:58.3 | I know you're going to be sad. KT is not here with me. |
| 1:05.4 | Katie's actually out with K.T.'s actually out with K.K.T., believe it or not. You always do it very first thing in the morning. And so anyway, I hear they've already caught three, but that is besides the point. |
| 1:13.9 | KT on Thursday said, Suzy, do a Susie school on real estate. And I was like, really? And then I thought, |
| 1:20.9 | okay, she's always right. So what could I tell you about real estate that would make sense to you and really help you? |
| 1:29.8 | And real estate, obviously, in most cases, also come with a mortgage. And a lot of you are hearing, |
| 1:39.0 | all right, interest rates may go down. You have been waiting for interest rates to go down to buy. You've also been waiting for |
| 1:46.3 | interest rates to go down to possibly sell what you have because you want to buy another piece |
| 1:53.7 | of real estate, but you don't want to go from a two or three percent mortgage rate to a five |
| 1:59.6 | or six percent, so you're still waiting. Everybody's |
| 2:02.0 | waiting for interest rates to come down. But there's more to buying a home than just the interest |
| 2:11.4 | rate on the mortgage. So I'm going to get to that in one second. However, I have to talk about the stock market. |
| 2:22.2 | Stock market's doing exactly what we wanted it to do. We didn't know if it was going to go up, |
| 2:28.1 | was it going to go down, what was going to do. But we said overall, the market will probably |
| 2:34.1 | be good. Next year, it should be even better. |
... |
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