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

Trusting Yourself

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

Suze Orman Media

Investing, Business

4.84.2K Ratings

🗓️ 18 October 2018

⏱️ 27 minutes

🧾️ Download transcript

Summary

In this highlight from Season 1, Suze speaks with Laura, who took some bad advice from a financial advisor. Also, lots of great questions are asked and answered about how to determine if your friend, family, colleague, or financial advisor is giving you good advice about your money questions.


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Transcript

Click on a timestamp to play from that location

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 myalientaliant.com slash

0:35.3

ultimate and check it out now.

0:44.9

I, it's Susie. As we prepare for season two of the Women in Money Podcast,

0:49.1

Sarah Mike Co. Host and I wanted to share some highlights from season one.

1:04.8

In today's podcast, I want to talk about something that is very, very important to every single

1:11.6

woman listening. And it's the concept of trusting yourself more than you trust others. So often,

1:21.2

we listen to what everybody else has to say. And what we think doesn't matter, it's what everybody

1:27.5

else tells us to do. We call up our friends and say, what do you think about this? What do you think

1:31.9

about that? And whether they say this or that, we do this and that, even if that's not what we

1:36.9

feel we really want to do. This is the time, especially when it comes to our money, that we all

1:43.3

need to be financial grown-ups. And we need to know what we need to do with our own money. You work

1:51.3

20, 30, 40, 50, 60, 70, possibly 80 hours or more a week to earn it. And maybe you just let it sit there.

2:00.8

Maybe you listen to a loved one as to what to do with it. And chances are they don't even know what

2:05.6

they're talking about. And possibly you also seek financial advice because you just think that

2:12.9

other financial professionals, of course, would know better than you. First of all, I doubt that's

2:19.6

true, but let's just say you go to a financial advisor. Here's what I want you to promise me.

2:27.1

If you ever find yourself sitting in a financial advisor's office and they tell you to do something,

2:34.4

and in your gut, you're feeling, but I don't like this. I don't want to do it. You have got to trust

2:42.4

your gut. You have got to trust yourself more than you trust others, even if the others are

...

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