Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

8 Rules for Holiday Spending From Suze Orman

December 17, 2012 at 8:51 PM

Each year, when the holidays roll around, it's always tempting to spend more money than we actually have. We get swept up in the excitement of the season -- and the buying and the giving -- and we lose track of what we're doing. And that is exactly when those high-interest credit cards start to wink and smile at us. And the next thing you know, you end up with a major financial headache in the new year.

But the spirit of giving should never result in financial anxiety. So, I reached out to my dear friend Suze Orman, the smartest woman about money I know! And I asked her for some simple tips and ideas to keep us all from going over that financial gift cliff during the holidays!

Her advice, as always, was great. There are so many ways that you can make this holiday a financially enjoyable one, not only for you, but for all of your friends as well. Just keep these eight ideas in mind.

8 Rules for Holiday Spending

And Happy Holidays, everyone, from Suze Orman and me!

Marlo Thomas
Award-winning actress, author and activist


Read Full Article

Tag Cloud

overspend on dining outis it kind?approved medical 100% tax-freeInfluential Celebrityrolloverstandard deduction bill paying prioritiesAmericans don't use all paid vacation timeadd teenpurely financial standpointanticipated salarylow mileage discountpaid vacationnon conventional routeCommunication Skills no private loanPBS SpecialFundscommunity banklive below your meansnot enough life insuranceemployer offered life insurancefinancial fearsstore credit cardsdebt freeno late fee HolidayHoliday Seasonallowance taskdream schoolnegotiate points with bank or sellergift grandchild IRA contributiondangerous money seasonInvest for savings growthburn outsame-sex marriageRevocable Living Trustcouple financesGiftHeartUS Tax CodeFinancial Power of Attorneyschedule vacationpay down student loan debtCOLAidentity theftno tax on withdrawlsteens and moneychildren's booklong term careLong Term Care Insurance protect dependent budgetpowerfulHDHP/HSAlife insurance name trust as beneficiaryForeclosurethree year car loanForbesWarner Bros Television Groupexercise reguarlyHow To Build Creditroth iraearn allowanceterm life insurancepay more than minimumlet them have 50% controlhealthy youwould you decline a bonusresponsiblemortgageGay CouplesPersonal Financedon't buy wantsfinancial independencepoint cost offset by savingsbreakdown projected monthly housing costmoney vowsdon't defer interest paymentsgift up to 14,000Roth 401(k)doctors in networkGay RightsFederal Funds Ratesummer job match income no private loansBankruptcyno interestincrease retirement contribution rate8 month emergency fundadvice for college graduatesfile taxes quicklyeight month living expense Fiscal ResponsibilitySuze OrmanWillFICO credit score credit card mortgagesocial workfinancial concernloan necessityfamily save at least $100 monthlystudent loan repayment estimatorraise deductiblesEric Dodge depreciating asset 50 over 50learn good financial choicesmanage student loansonly offered while employed Suze Orman's Money Warssave credit utilization ratevalue moneylow down paymentAuto Savings Moneybuy down 4 Must Have Documents high deductible health care planescrowterm insuranceno splurge can you afford itdental insurance Minor Children no waiting periodstudent loan repaymentsecured cardiffy incomehigher monthly paymentbest loan deal Telepicturesproperty taxfinancing car reduce interest rateidentity fraudavoid burn out2015 financial roadmapgrandparent IRA contribution 20 to 25 times annual incomepay 100% cashSpendingFinancial CliffSandy Hook Promisehigh credit score discountget health insuranceno negativityYoung Adult Fixed Rate Mortgagefocus on needshealthy retirement blood pressureHDHP'sconfident of solutionignore 6 month grace period don't do five year car loanmarriage financial responsibilitydon't ignore open enrollmentwomen long term carecnbc alarm clockphysical healthPrime Rate IncreaseOverspendinglow credit scoreHigh FICO Score = Better RateETF'sBill and PennyFinancial EducatorSatisfyingGraceSave Us MoneySuze changed my life2016 adjust withholdingNew York Lifehome related tax break bonus switch to spouse coverageRetirement Savingspublic service loan forgiveness programbe true to yourselfchildren under 18multiple lendersMarlo Thomasprovider of financial supportMoney Market8 month safety nethealthy retirement weighttake actioninsurance19 years cash flow problem2015 record year car salesmortgage interest tax deductionclosing costs 2% of loandental discount planopen enrollment review permanent life insuranceEasy Life Insurance mortgage broker40% toward financial goalletter to suzeprotect your familyAARPbad retirement planninghigher insurance deductibleshop online guaranteed level term policyBeauty15 year mortgagePost-Divorceconfidentrefund20% equitycredit managementtax refund fraudjuggle multiple financial goalspremiumretain separate credit cardshome buying seasondental savings planFRA401Kvalentines daydoctor no longer in networkLTCdeath benefit 20 to 25 times annual incomeHDHP waive home inspection bidChanging Livesaffordabilityinitial tax break automate student loan paymentsHDHP's are good for youdon't cover cosmetic dentistryworkaholicHSA tax savingsmax employee matchlow-cost index mutual funduniversal college accessbe good examplegraduationget the most out of social security lower overall drug coststudentStaffords this year have a fixed 6.8% interest rateARM CautionCNBCfull retirement agesavingsswitch to roth 401(k)public service career student loan repayment Must Have Documentshigh down paymentadjust allocations Money-Savinglower premium30 year mortgage do not pay allowance for good behaviormonthly dental insurance premiumrising home pricesresponsible with moneydangerous retirement planretirement accountsbetter loan ratespercentage men widowed 75-84co-sign Retirement Incomehealthy aging Financial Awarenessdon't use allowance as bribeMost Influential Celebrities ListCivil Rightsdon't extend mortgage Alarm Clocktitle insuranceget credit cardtraditional vs roth 401(k)age appropriate goalsbig results home budget after tax costlower interest ratekid borrow firstcontribute household expenses real estate mistakesat worst still pay 75% benefithome buying budgetAdequate Auto and Home Insurancejanuary billsunexpected expensemax benefit coveredSuze is my biggest mentormake saving a pleasureenjoy saving pay off debtshort term goal adult childrenUrbana-Champaignretirement plan!00% tuition paidloan big picture WashingtonNewtowngay marriage ban end Florida closing disclosurecollege studentinsurance yearly reviewfocus on new truth college graduatenew carRevocable Trustallowance3% debt transferred FICO at least 720Wall Streetoverspend on gifts15-year refinance dealLTCi ASAPBaby Boomersreduce withholdingCory Bookerstretch out haircut appointmentscomparison shoppingloan no longer than 36monthsInfluentialsCPI-Wemergency fund percentage of women widowed 75-84car buying mistakeslower ratePhyllis Shelton expert long-term careinterest on student loanssocial securityno life insurance financially irresponsiblecommunity college20% down payment avoid feespaying for collegeraise insurance deductiblesetup automatic savings withdrawdebtinterest capitalizationpay high rate off firstStock Investmentsquick closingmarriage inequalityface your financial fearAshley Springercharges on credit card2016 adjust estimated taxSuze Orman spouse Kathy Traviswives should be involved in retirementteensonly refinance if it paysfederal student loan deferment don't derail retirement savingstoo expensive schoolfinancial aidForbes Top 10Commencementstandard ratelong-term care premiumsHDHP's are not badARMsidelinedSelectQuote.comborrow each year, capitalization is going to pile up Credit scorealways use all paid time offreferrals Suze approvedstudent loan repayment planverify retirement plan with HR or plan sponsorFinancial Solutions For Yourepay student loansfinancial argumentsbetter loan dealsalternative FICO scoreThe Suze Orman ShowMothernot gender specific Free Debt Eliminatorworst financial mistakeSelfishzero rate transfer dealsreal estate marketsame sex marriage band end FloridaLifestylespeak new goalcontribution retirment savingsGiftslong term goalloan is giftlousy investmentdon't spend Goodbyeteach your child good money habitscut monthly cellular bill3 bucket approachFinal GoodbyeLegal Guardianno retirement funds for down paymentcalculate dependents annual income needscostly legal debit cardincreased auto insurance premiumknow before you owecar loanUniversity of Illinoisone credit cardlower mortgage interestfraudulent returnincrease retirement savingsclosing feessavings pleasurebest interest ratesBankRichfinancial goal phrasetax ID theftbuy homecommitdeath benefit needs for familypreexisting condition not covered6 month waiting periodcredit unionPrime Rate Rise 2015save moneypeace of mindhome ownershipCollege of Veterinary MedicineEmployer Matched Contributiondon't charge a pennyrequired disclosureCredit Card Rate Increasegrandchild summer job IRA contributioncredit cardspring summer heartacheinsurance mistakelife insuranceverify wellness screening and programscreate new truthemployer funding HSAmental healthMass Mutualno sneaking in feesannual cost of living adjustmentstudent loan debtEmergency Savingsbalance transfer 10 year repayment plan costly insurance mistakerequire chore in exchange for allowanceitemized deductionHigh Credit Scorederailed planis it necessary?Exhibitionschool Durable Power of Attorney for Health CareAARP Social security calculatorpay down car loanautomatic paymentprescription tierFinancial Systembecome member social security not going brokebuy home you can affordbad decisionsdear suzeMortgage Credit Availability Indexpay interest while in schoolsmall changes better termscredit report3 step financial road mapdon't blow tax refundmax employer matched 401(k) contributionstay positivepresident ObamaJose Rodriguezno apologybuying car 2016LTC shoppingStudent Loanincrease emergency savingsrent vs buyorigination feesIRA contribution gifted moneyCredit Card Interest Rateshorter payback periodInteresthome loan credit score below 740 University of Florida3 savings buckets 2017 Taxesyours, mine & ourshigh premiums8 Rulesunder 18 financial giftfour steps to retirement savings taxesFinancialprotect and provide for minor child overspend on nights outhousing marketincentives for health care wellness screeninghome buying mistakesFederal PLUS loanreplace permanent life insurance with termback door Roth IRAkeep a schedulecompare monthly expensespay credit debt ASAPSandy Hook Elementary Schoolhigh FICO scorewomen live longerLong Term Care shoppingteach importance of helping othersplanleave a legacycar leasingritual scheduleholiday spendingone annual feeis it true? FHA loan feesconsider roth 401(k)Holiday Shoppingstrained relationship20 year level term compare provider pricingno fee transferovercome financial fearsmortgage disclosureStudent Debtpositivegift not loanmobile appemergency fund savingsreduce monthly payment401(k) ContributionsrefinanceVital Documentsback-to-school budgetAccuQuote.comcost of capitalization calculatorkids schedule paymentswomen outlive menhighest possible benefitspecial saving accountVeterinary Schoolaffordable premiumemotional stakesultimate compounding giftbe kind to yourselfhome insurancestaycationwomen longer life spanbuying a carNew american Dream raise your deductibleis it necessarylowest cost fund optionfile asapwrite new goalunsubsidized Stafford loanautomatic withdraw to savings Teachnear historic lowsFederal Stafford loanLong Term Care premiumsCiti Simplicity Card secure credittelevision hostmonthly benefit Amy Lacyetprotect loved ones push yourself to save more for retirementFinancial Awareness Video Festival740 credit scoreStudent Debt CrisisFinancial Advicesocial security never insolventPay Off Debt Before Retirementdo you need life insuranceLoveget over life insurance phobialong-term care loved ones dependent on incomeFinancial Gift Cliffborrowing plan maintain standard of livingmeet monthly successSuze Orman ScholarshipSchool of Social WorkFICO Scoreage appropriate choreretirementConventional loan PMIcut monthly cable bill20% down payment10% donate to charityOne Wallet At A Timepaid in fullmoney-aware child

View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel