Why Friendship Isn't a Financial Plan
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 17 May 2026
⏱️ 19 minutes
🧾️ Download transcript
Summary
This re-listen Suze School episode has two very important lessons, starting with why one of the biggest mistakes you can make is basing financial decisions on friendship. Then, Suze explains the correct way to do tax-loss harvesting.
Learn more about the Ultimate Scam Protection program and sign up for Part II of the webinar here: SuzeOrman.com
Watch Suze’s YouTube Channel
Jumpstart financial wellness for your employees: https://bit.ly/SecureSave
Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3G
Get your savings going with Alliant Credit Union: https://bit.ly/3rg0Yio
Get Suze’s special offers for podcast listeners at suzeorman.com/offer
Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links:
CLICK HERE FOR APPLE: https://apple.co/2KcAHbH
CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 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. May 17th, 2026, welcome to the Women and Money podcast, as well as everyone smart enough to listen. |
| 0:46.9 | Hi, everybody. Robert, the producer here. |
| 0:49.5 | Now, as you know, Susie and KT have been in Japan for the past couple of weeks, and they're now on their |
| 0:55.4 | way back to the States. And yes, we did get a bunch of shows pre-recorded, but this one is |
| 1:01.0 | going to be an important re-listen, and let me tell you why I picked this particular episode |
| 1:06.5 | for you today. As you may or may not know, because Susie teases me about it here on the podcast, |
| 1:12.6 | I go to a fair amount of concerts every year. And the other day, I was chatting with a person I met |
| 1:18.1 | at a show while we were waiting for the band to come on, and she mentioned that she wasn't sure |
| 1:23.0 | she'd be able to keep seeing concerts as much because her new financial advisor wasn't performing |
| 1:28.4 | as well as the previous one did. |
| 1:31.2 | So I asked her why she switched and she said, oh, I'm doing a favor for my friend who just |
| 1:35.3 | started their financial planning business. |
| 1:38.4 | So I pulled out my phone and I sent her the episode you're going to hear highlights from |
| 1:41.9 | today and suggested that, you know, if she wants to, maybe she should start following Susie. Now's a good time for friendship |
| 1:49.7 | isn't a financial plan to come back to the top of your feed. We expect to hear all about Susie |
| 1:55.6 | and Katie's trip to Japan this coming Thursday, but for now, here's Susie. |
| 2:11.6 | We're going to start Susie School with a story. And the lesson of the story is this. |
| 2:24.3 | Friendship isn't a financial plan. Friendship isn't a financial plan. Okay? That's the lesson of this story. |
... |
Transcript will be available on the free plan in 10 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Suze Orman Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Suze Orman Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

