Children
How to Start Building for Retirement When You're Young
Okay my friends, this is for every 20-something you love. I can guarantee you they aren’t thinking about their retirement, but this is exactly the age when they can give themselves a huge leg up o
Podcast Episode - Ask KT & Suze Anything: Should I Use AI to Play The Market?
On this edition of Ask KT and Suze Anything, Suze answers questions about investing for a child, financial security in one’s 50s, bond ladders, funding trusts, using AI to invest and more.
Podcast Episode - Ask KT & Suze Anything: Can I Afford to go on Vacation?
On this edition of Ask KT and Suze Anything, Suze answers questions about emergency funds, credit card debt, leaving assets to children, reverse mortgages, plus a “Can I Afford It?” quizzy and so
Podcast Episode - Ask KT & Suze Anything: Can I Use my HSA While I’m on Medicare?
On this special Sunday edition of Ask KT and Suze Anything, Suze answers questions about when to collect Social Security, credit cards for teenagers, LIRPs as investments and so much more.
Podcast Episode - Ask KT & Suze Anything: We’re in our 50s, should we get married?
For this episode of Ask KT and Suze Anything, Suze answers questions about opening investment accounts for children, catching up on a ROTH, maintaining retirement savings and so much more.
How to Help Your Kids Without Hurting Yourself Financially
According to a new survey from the Pew Research Center, many young adults are still reliant on a parent for financial help. Just 45% of young adults between the ages of 18-34 say they are complete
Should You Give Your Kids Financial Gifts?
One in four homebuyers under the age of 30 said they got help with the down payment from their parents, according to a Redfin survey.
How to Make Gift-Giving Generous
With Thanksgiving upon us, we are now in the heart of the holiday season, and I hope you will hold one of my most important lessons close:
Podcast Episode - Ask Suze & KT Anything: Financial Infidelity
On this edition of Ask KT & Suze Anything, Suze answers questions about choosing the right financial advisor, helping grandchildren with debt, wills and more.
Podcast Episode - Ask KT & Suze Anything
On this podcast of Ask KT & Suze Anything, Suze answers questions from listeners Gabrielle, Tinece, Jessica, Rebecca and more, selected and read by KT.
Podcast Episode - Starting The Year With Grace
For the first episode of 2022, we’ll hear about correcting unspoken hurts from our past and how we can be in the right place to start a new year.
Child Tax Credit Payments Start Soon. What's Your Plan?
Beginning in July, most households with children under the age of 18 will begin receiving a sizable monthly check from the U.S. government. And that makes right now the best time to hatch a plan for h
Top Way to Financially Help Adult Children
I have been hearing from so many of you who are worried about how your adult kids are faring, and will fare, in our current economy. Some of those kids have moved home. Some are struggling to make end
Let’s Talk About Holiday Spending…Right Now
Yes, I know the calendar says it’s only Halloween. But this is the perfect time that you and I have a serious chat about your spending budget for the upcoming holiday season.
What Are You Teaching Your Kids About Money Right Now?
A recent survey conducted by Schwab asked Americans what they think are the most important “lessons” parents should teach their kids.
Podcast Episode - Happy Mother's Day 2020 From Suze and KT
In this special Mother’s Day 2020 podcast, Suze is joined, once again, by KT! Together, they share stories about their own moms and the lessons they learned from each.
What to Do When Your Child Receives a Cash Gift
Teaching your children the pleasure of saving is going to be one of your hardest tasks, since chances are you do not enjoy it either. If you force them to save, they might grow to resent it.
Is Your Family Putting Your Retirement at Risk?
Oh, the things we do for love! A recent survey reports that more than half of U.S. investors provide financial assistance, or personal care to adult children or other family members. The financial aid
What’s Your Financial Education Plan for the New School Year?
I hope you and your family have had a fantastic summer full of fun, adventure and most of all, relaxation. With the academic school year starting soon, it’s an important time for parents –and grandp
Podcast Episode - Tell Them To Help You
In this podcast, Suze shares her tears and heartfelt confusion about financial suffering.
The Important Lessons Your Kids Won’t Learn in School
As a new academic year begins, I want to make sure that parents understand the important lessons that will not be taught in school.
Your Kid’s Summer Job Can be an Amazing Financial Opportunity
If your child or grandchild is getting paid for a summer job, it is an amazing opportunity for you to teach two of the most powerful financial lessons.
Now is the Time to Get Your Family on Board with a Smart Holiday Plan
If you’re honest, I am confident you would tell me that you wish you could spend less around the holidays. This has nothing to do with being a Scrooge. But you also know from experience, that you end up spending way more than you intended. Not necessarily because you were extravagant. Quite often it’s just the sheer number of people in your life that you exchange gifts with, that can add up.
How to Get the Best Bang for Your College Buck
I am a big believer in college education, and an even bigger believer in getting a return on your investment. But I don’t know any financial advisor who can guarantee that a $180,000 investment in a
What Every Woman Needs to Get Schooled On.
When the American College of Financial Services recently quizzed retirement-aged people on the basics of how to make their money last, just 35 percent of men passed the test. As troubling as that is, only 18 percent of women passed.
Are You Ready to Declare Your Financial Independence?
I hope you have a fantastic July 4th, and that it includes some time to reflect on the principles of our democracy that are celebrated on this holiday. We have so much to be grateful for.
Suze’s New Children’s Book
#1 New York Times best-selling author and world-renowned financial expert Suze Orman makes her children’s book debut in this story of a one-dollar bill named Billy and penny named Penny.
What to Do With an Unused Gift Card
I hope your friends and family hit the bull’s eye with your gifts this holiday season. But I bet there are many of you who received a gift card (or two, or three) that you don’t have a burning desire to use. As much as you love the sentiment of the gift giver, perhaps you just don’t need-or want-anything from the particular retailer your gift-giver chose.
Give Your Kids the Gift of Giving
The run up to the holidays at the end of the month is an especially great time to teach young children some money and life lessons.
Why ETFs Are The Best Choice For Your Retirement Investments
You know I am a big believer that a Roth Individual Retirement Account (IRA) is the best way to save for retirement. And for my money, I think Exchange Traded Funds (ETFs) are an ideal way to invest the money in your IRA.
How to Wring More From Your 401(K)
You may have heard or read recently about some high profile retirement plan sponsors being sued by plan participants for high fees in the plan. Financial service firms-yep, folks who run mutual funds-have been hit with lawsuits, as have the plans run by MIT, NYU and Yale.
My House Rules for Boomerang Kids.
More adult children are living with family than at any time in the past 60 years. Whether your twenty-something bundle of joy is back home (or never left!) because you’re a better roommate with better digs, or because they have yet to find a career job, you still need to lay down some financial expectations:
Money Lessons Every Parent Needs To Teach This School Year:
It’s that time of year again: back to school. While I know there are legions of amazing teachers waiting to educate your kids, I need you to step up and do some important teaching that most schools drop the ball on: personal finance.
Teach your Children Well-Part 3: Give Your Kid’s Credit
Young adults are making a big mistake with their finances. Survey after survey reports that most millennials do not have a credit card. I am wholeheartedly on board with preferring a debit card. But everyone needs to also have a credit card and use it responsibly.
Teach Your Children Well-Part 2: Instill the Pleasure of Saving
You know your kids are sponges. So let me ask you a question: what lessons about saving are they absorbing from you?
Teach Your Children Well-Part 1: Bill Pay Together
Sitting down with your children once a month and having them help you pay the family bills is an incredibly valuable life-lesson opportunity that sadly few families use.
Turn a Child/Grandchild’s Summer Job into a Retirement Windfall.
If you have a child or grandchild who is going to get paid for work this summer, I want you to consider a way to gift them a valuable retirement stake.
Financial Fear No More! Three Steps Toward Financial Freedom
Your money challenges are very personal. You may have a large credit card balance gnawing at you, while your best friend is awake at night worrying about being able to keep working through her 60s,
Money Gifts to Kids: 3 Rules Every Parent Must Follow
As we are heading into the holiday season, I know plenty of kids will be receiving a check from a grandparent, aunt or uncle. So I want to review how every family with kids under 18 should handle financial gifts year round.
3 Rules for Doling Out Allowances
Parents, we have a problem. So many of you make a mess out of allowances. You reward the wrong thing, and totally miss out on the big picture: beginning to teach your child about the value of money. Here are my 3 Suze-Approved Rules for Allowances:
Five Easy Moves to Save At Least $100 a Month
I’ve spent a lot of time poring over the finances of families who come to me for help. No matter what problem they are trying to fix, a universal step in my review is to go through their monthly spending in detail and show them how trimming back on certain expenses can add up to substantial savings.
The Massive Mistake 4 in 10 Parents With Young Children Make …and how to fix it in four easy steps
A new survey makes me sad, mad and very nervous. According to Bankrate.com, 37% of parents with children under the age of 18 have no life insurance. And even the parents with life insurance aren’t really protecting their family, as one-third have policies with death benefits that do not exceed $100,000. That may sound like a lot of money, but it’s woefully little once you sit down and run the numbers.
How Grandparents Can Make the Most of a Grandchild’s Summer Job
So often grandparents come up to me and ask how they can best help their grandchildren get a leg up. My favorite move is to gift a grandchild money to open a Roth IRA. Here’s what you need to know:
A Message for Husbands: Your Wife Should Drive the Retirement Planning
One of the most common things I hear from many couples is that the husband likes investing and planning, and thus wives are all too happy to let him handle the retirement strategizing. Big mistake. Not because I am doubting the skill and intentions of men. Rather, my concern is that it’s women who typically are the most at risk in terms of retirement security for a very simple fact: Women tend to outlive men.
Emergency Fund 101 - How Much Should You Have Saved?
It makes me so sad to read reports that many households don’t have even $1,000 set aside to cover an unexpected expense. What’s so sad is that I know that must cause such stress.
The Four Steps to Retirement Saving
Saving for retirement is a no-brainer. But knowing the smartest ways to do that saving is anything but easy to figure out, given all the choices. Don’t worry, I’ve got you covered. Here’s exactly what you should do, in the order I list:
Suze Orman's road rules for car buying
The car you're driving could be driving you into poverty, says Suze Orman. While lenders are relaxing terms and offering longer periods for borrowers to pay, Orman is sticking by her rules of the road.
Suze Orman: Don’t put your retirement on a credit card
As the economy slowly recovers, Americans are struggling to get out of credit card debt they amassed during tougher financial days...Out of desperation to stay current, or to rid themselves of their debt, people are looking at their retirement accounts as a cash source. But Suze Orman says that's the biggest mistake you could make.
The 8 Qualities of a Successful Life
Years ago, after my first book came out and I had made a few television appearances, I was nearly accosted on the street by a very animated woman who kept pointing at me and then exclaimed "I know who you are... you are the... Money Lady!" I've adopted that as a nickname of sorts. I am indeed the lady whose passion is to help people make the most of their money.
