Revisiting You’ve Earned It, Don’t Lose It
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.6 • 4K Ratings
🗓️ 23 September 2021
⏱️ 33 minutes
🧾️ Download transcript
Summary
For today's podcast, we’re going to revisit part of an episode from February 2020, where Suze shared stories of different correspondences she had with several listeners about the importance of knowing how to manage our money so we don’t lose it.
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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 all L I A and T dot com open an account and deposit $100 |
| 0:30.9 | a month every month for 12 consecutive months. What's going to happen Katie? Alliant is going to pay |
| 0:36.5 | you a bonus of $100. That is the place that both of us want you to save. So go to myalliant.com |
| 0:45.8 | and do what Katie? Look for Suzy and start saving now. September 23rd 2021. Hi everybody, |
| 0:54.7 | it's Robert Suzy's podcast producer. There are some weather issues that affected the transmission |
| 1:01.2 | of Suzy and Katie's files coming to me to be able to put the podcast together for today. |
| 1:07.0 | Now we don't want to leave you without a show. So what we're going to do is revisit a poignant |
| 1:13.2 | episode from February of 2020 called you earned it. Don't lose it. Hearing this episode again, |
| 1:21.7 | it's a great accompaniment to this past Sunday's episode about financial danger signs. Again, |
| 1:29.6 | I want you to remember when you hear the facts and figures that Suzy quotes in this episode. |
| 1:34.6 | They were current as a February of last year. So February of 2020. But the overall message |
| 1:40.8 | that Suzy has for us in this episode still very, very important. Thank you very much for listening and enjoy. |
| 2:10.8 | So on to today's podcast. I really want to talk to you about how it is better to do nothing |
| 2:31.9 | than something you do not understand. Now I know that I have talked about this topic before |
| 2:38.4 | and I've said that it's one of the laws of money. However, I'm finding by the emails that I'm getting |
| 2:48.1 | that many of you, far too many of you are doing things that you don't understand. And that will |
| 2:57.9 | probably end up seriously hurting you in the long run. So let me just give you an example. |
| 3:05.8 | As time is going on and over the past 10 years, these markets have gone up and up and up. |
| 3:13.4 | And a lot of you have acquired a lot of money in your IRAs and your 401ks. And I had one woman |
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