Over the past four or so decades we have seen a huge increase in the number of women working in paying jobs outside the home.
I was saddened, but not terribly surprised, to hear that just one in three adults recently surveyed by New York Life say they are hopeful about their finances.
On this episode of Ask Suze & KT Anything, Suze answers your questions about inheriting, converting Series I Bonds to T-Bills, monitoring your investments, splitting assets during a divorce and more!
On this episode of Ask Suze & KT Anything, Suze answers your questions about debt, gaining access to a deceased loved one’s accounts, T-Bills, starting out saving money and more!
What makes you truly happy? As we begin a new year, Suze shares a story about looking for the right signs, so we can create a peaceful, joyful and loving world.
On the final edition of Ask Suze and KT Anything for 2022, Suze answers your questions about teaching young children about money, buying T-bills from a broker, bankruptcy and more.
On the final Suze School of 2022, Suze starts out with a reflection of the many lessons we learned this year.
On today’s edition of Ask Suze and KT Anything, Suze answers your questions about paying off debt with a retirement account, what to do with the money from a mature annuity, pre-paid funerals and more
Today’s episode features two questions you have to ask yourself, about money matters of the heart; what is the best way to buy a former partner out of a home and managing the cost of caring for aging
On this episode of Ask Suze & KT Anything, Suze answers questions about the best ways to start saving money, designating a beneficiary of an IRA, life insurance, inheriting from overseas and more.
A few months ago I explained the confusing situation the IRS had put some of you in, regarding required minimum distributions for an IRA that you inherited.
I know it’s still early fall, but I hope you will hear me out on why it is essential to figure out your holiday spending strategy ASAP.
On this episode of Ask Suze & KT Anything, Suze answers questions from you all about FFEL loans, taxes on retirement accounts, a special “Can I Afford It” quizzie and more.
In this week’s Ask Suze Anything, Suze answers questions from Mary Jane, Kari, Linda, Donna, Ann, and a very special listener in need.
On this very special episode Suze invited her friend Dr. Mary Gardner to talk about the real costs in owning a pet.
On this episode of Ask Suze & KT Anything, Suze answers questions from you all about where to save your emergency fund, dollar cost averaging, tax credits on a home sale and more.
Suze Orman explains why everyone needs a living revocable trust to protect their health and finances.
Suze and KT celebrate Independence Day with Colo and KT’s twin sister, Lynn and have a meaningful conversation about personal independence and family.
The recent rise in interest rates means paying for college is about to get more expensive for households that intend to take out federal student loans.
More than 4 in 10 parents who are working say they are reducing what they are saving for retirement because they are also saving for a child’s college education.
Today’s podcast is a little different. Suze starts out reflecting about her 71st birthday and an important message about parents.
On today’s podcast Ask Suze & KT Anything, Suze answers questions about dividend paying stocks, student loans, what cost basis means, inheritance, store credit cards and so much more!
In a recent survey, nearly every teen and parent agreed that teens need financial knowledge to achieve their life goals.
In today’s podcast, Suze explains all the steps we need to follow, during these turbulent markets, plus what we can do now with our retirement accounts, so we can control our own financial destiny.
When you’re busy raising kids, it’s all too common to fall into a financial trap. While everyone knows it is best to prioritize saving for retirement, many parents struggle with that strategy.
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.
I hope this holiday season finds you and your loved ones in good health and strong spirit.
For the annual Thanksgiving episode, Suze and KT talk about being grateful for some special people in their lives, with two members of the Women & Podcast family; Colo and Robert.
Here’s my simple holiday wish for each and every one of you: I hope that you are able to truly enjoy the holidays.
Now that Fall is in full motion, you and I know that we’re soon heading into the dangerous holiday season. Dangerous because your heart tugs at you to spend more than you should for gifts.
If your parents are enrolled in Medicare I want you to help them check if they can pay less for their prescription drug medications.
Suze and KT are still experiencing some weather related issues, so we’re going to revisit part of an episode from July of 2020.
If your employer automatically provides you with life insurance coverage, I want you to listen up. The life insurance you get at work as a no-cost benefit is not going to protect your loved ones.
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Jill, Christine, Leslie, Gina, Jasmine, Marlena and Pamela selected and read by KT.
On this podcast, Suze gives us an update on the ramifications of The Supreme Court's decision regarding the eviction moratorium.
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Brent, Beth, Lena, Dereck, Mo, Rena and Tiffany, selected and read by KT. Plus, a quizzie for KT.
In its most recent survey of how couples handle household money decisions, Fidelity reports that couples find talking about estate planning to be a very difficult conversation.
On today’s episode, Suze shares a heartbreaking email from a friend seeking advice. As Suze relates her friend's story, she asks us about our own story.
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Laura, Maureen, Florence, Julie, Lisa, Jackie, Claudia and Stephanie selected and read by KT.
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Rita, Rose, Ryan, Lori, Mary Beth, Erica, Joan, Rob and more selected and read by KT.
On this podcast, Suze shares a story about a friend who learned the lesson of why letting go of things can lead to financial stability.
Suze and KT share a deeply personal email from a listener named Sharon, highlighting why it’s so very important to prepare for the worst, while always hoping for the best.
For our annual Mother’s Day podcast, Suze and KT revisits a podcast episode from May 12, 2019 where Suze shared a very personal letter she wrote to her mother.
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
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Pam, Penny, Christina, Larry, Kate, Julie and Arlene selected and read by KT.
Today, KT is taking Suze on a special adventure, so we’re revisiting an episode from November, 2019 called “Let’s Talk About Money.”
On today’s podcast, Suze tells two powerful stories about how having faith, integrity and courage makes anything possible for us all.
On this podcast of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Kelly, Joyce, Nicole, Kim, Marcia, Tommy, Jessica, Robert, Zoya, Lori, and others selected by KT.
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
The holiday season is here, which also means it’s the time of year when there is a dangerous tug to splurge.
Let’s be real. This has been one awful year. The coronavirus has upended everything. My heart breaks for those of you who have lost a loved one, a friend, a colleague.
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.
It doesn’t come as news, but is nonetheless depressing: women with school age children are bearing the brunt of the fallout from the pandemic.
A recent survey conducted by Schwab asked Americans what they think are the most important “lessons” parents should teach their kids.
On this podcast of Ask Suze Anything, Suze answers questions from Women & Money listeners about last Sunday’s “The Life Of Flowers” episode concerning the Must Have Documents.
One of the most harmful blind spots women have is a tendency to be too generous.
On this podcast of Women & Money, Suze shares an email from podcast listener Natalie, who describes her heartbreaking experience with financial abuse.
Now that another college year is beginning, I want to make sure that all the Moms and Dads have packed off the kids with one very important item:
It has been a frustrating time for households with college-age students.
In this podcast, Suze and KT share special stories about their dads. These great and important memories shed some light on how they became the successful women they are today!
Now that some colleges have begun to announce that they will continue to keep campus closed this fall and deliver classes only online, families with college students are rightfully wondering what to d
Even before this crisis upended our lives, building financial security was something many of you struggled with. The bills get paid, maybe a little gets saved, but you feel like you can never really g
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.
In this special Passover / Easter podcast, Suze talks about how faith can help us remain strong during these difficult times.
In this podcast of Ask Suze Anything, we hear questions and stories from Women & Money listeners Judy, Steve, Stephanie, Joan, Trish, Jim, Sophia, Suzy, and Patricia.
Okay, I know you love your family. Yet so many of you are absolutely failing at what I consider a very important expression of that love: You haven’t yet created your four Must Have Documents.
I hear from so many of you who are at least 50 that you are worried you won’t be able to have a great retirement. And those of you who are retired are anxious if your money will last.
Family has always been at the heart of the American Dream. We work, we strive for the sake of our family. We want our children to have endless opportunity,
In this podcast of Ask Suze Anything, we hear questions from Women & Money listeners Elizabeth, Jeff, and Ada.
‘Tis the season of gathering and spending quality time with our loved ones. All of that extra time together often leads to everything from big announcements, to bickering, to getting asked to borrow m
In this podcast, Suze shares three recent conversations she’s had with friends and family about their finances.
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.
One of the focuses of the Women & Money podcast is shining the light on financial abuse. In 2018, The National Domestic Abuse Hotline teamed up with Avon & asked Suze to speak with several survivors.
Why are we so afraid to talk with our family about our money?
I know many of you are helping out your adult kids financially. I also know that many of you are worried you won’t be in great shape when it comes to retirement.
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
Are your finances a family affair? Do you have the right perspective when it comes to caring for your parents in their old age?
In this Ask Suze Anything podcast, we get questions about financing education from Women & Money listeners Amy, Alyssa, Pat, Don, Samantha, and Rayne.
In this podcast, Suze talks about the “money mind.” What are the three simple steps you need to do in order to live within your means?
One focus of the Women and Money Podcast is shining the light on financial abuse. About a year ago, The National Domestic Abuse Hotline teamed up with Avon and asked Suze to speak with survivors.
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
In this special episode of Women & Money, Suze introduces you to a very special person, her spouse, KT! Suze and KT share how they live together and make their financial decisions.
On this Memorial Day Weekend, Suze offers a priceless message of gratitude and a new way to think about the money that you inherit as well as the money that one day will be inherited from you.
In this episode of Ask Suze Anything, we hear from Cali, Crystal, Rene, Jodie, and Robin.
In this podcast, Suze shares her tears and heartfelt confusion about financial suffering.
What do you think the six most valuable words in life are?
In this episode, Suze reads a very moving story about a woman who was in an abusive relationship and did not realize it.
This episode includes a special Valentine from Suze.
Over the last two episodes, Suze explored financial abuse. In this very special episode, you’ll hear a very candid and emotional conversation between Suze and her friend, Sarah.
In this episode, Suze tells a fascinating real-life story about choosing death over life and how your life is really in your owns hands.
In this episode, Suze shares correspondence she had with two financially abused women.
In this episode, Suze tells a powerful and heartbreaking story of a women she met on vacation and how this woman lost everything as a result of financial abuse.
Suze delves into a form of abuse that often goes unnoticed: financial abuse.
As we head into the heart of the holiday season, I know many of you are focused on finding the right gift for loved ones, friends, and colleagues. I have a shopping tip that is guaranteed to make your
For all of you who are happily married, or in a committed relationship with a man, I have two thoughts:
This One Move Will Automatically Improve Your Financial Life
As a new academic year begins, I want to make sure that parents understand the important lessons that will not be taught in school.
Financial stress is a multigenerational issue. Young adults look at high home prices in many parts of the country and wonder when –or if– they will ever be able to afford to buy.
According to a national survey, more than half of Americans don’t use all their vacation days. I think that’s a bad career move. Vacations aren’t an indulgence, they are a necessity.
Nearly two thirds of participants in a recent survey said they think it is the job of an adult child to provide care for an aging parent. And about half of participants said that extends to the
As we head into the heart of home buying season I am concerned some of you may be caught up in the “buy now!” frenzy.
As we head into a new year, I am sending my wishes for a year full of happiness, to all of you.I know your life is busy.
More than 90 percent of people who provide caregiving support to a loved one help out with the financial stuff, according to a recent survey.
U.S. Army officials hope to capture the attention of soldiers on financial health issues through a new partnership with money expert and TV personality Suze Orman.
Parents, way too many of you are still getting it all wrong when it comes to college. A recent survey by T. Rowe Price reports that 68% of parents think saving for their kids’ college
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.
I recently saw a survey that reported that nearly half of people in a relationship say they argue about money. I was surprised it was not even higher. And money stress is often a major factor in why couples split up.
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
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.
A recent Experian survey reports that more than one-third of people who divorced says it caused them financial ruin. And more than 60 percent of people surveyed said that money issues played a central role in the break up.
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.
When you and your partner make the decision for one of you to be a stay-at-home parent, the tendency is to center all the financial decisions on the person who is still earning an income. Notice I didn’t say “the one who is still working.” Please. Being a stay at home parent is probably the hardest—and certainly the most important-work there is.
I absolutely love my 7-class personal finance course, but I want to share a super short list of Must Dos and Don’ts for recent college grads. Because I know far too many parents have
You know I am a big believer in the value of a college education. With one catch. The cost of obtaining a degree must be affordable for the student. Yes, the student. Parents are to focus on saving for retirement; I can’t endorse parents paying and borrowing for college if it means not saving enough for their retirement.
Look, I love a good party as much as anyone else, especially when there is a great celebration, such as a wedding. But if you’re attending a few weddings a year—and god forbid if one or more is a destination wedding—then I am also worried you may be celebrating your way into a costly situation.
It’s getting close to the pins and needles moments for families with college-bound high school seniors. Acceptance notices will soon be mailed out. I know it will be a relief for your entire
Chocolate and roses are classic Valentine’s Day gifts. But I am dead serious when I tell you that the most caring and loving gift you can ever give your loved ones is to protect them with life insurance.
#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.
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.
WASHINGTON -- Under Secretary of the U.S. Army Patrick J. Murphy, and personal financial advisor Suze Orman will conduct a joint media engagement at 10:00 a.m., January 4, 2017
According to the car data experts at Edmunds.com a record number of Americans are making one of the worst financial moves ever. Edmunds.com says that nearly 1 in 3 new car
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.
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.
I was shopping at Costco recently, enjoying the great value as always. While waiting in line to check out I got to chatting with a few young mothers-with babies in tow-who were waiting as well. Me being me I was curious if these women who obviously knew a thing or two about shopping had bought protection for their family.
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.
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:
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.
In late July, the 3.4% average rate for a 30-year mortgage was near the historic low set in 2013. That’s great news for so many homeowners who were unable to refinance back in 2013 because they didn’t have the 20% equity that most lenders require for the best refi deals. Fast-forward to today and home values are up an average of nearly 30% since early 2013. That means plenty of homeowners can now-finally-refinance at today’s great rates.
I see parents let down their college bound kids all the time. Not because they can’t afford to foot the often insanely high bill for a four-year private college education, but because they
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.
You know your kids are sponges. So let me ask you a question: what lessons about saving are they absorbing from you?
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.
There are two potentially large tax breaks that come with buying a home. But listen to me: I never think it is a good idea to factor in the tax breaks when deciding if you are ready to buy your first home. Nor do I ever want anyone to decide on a mortgage budget based on the after-tax net cost. Here’s why:
Weddings bring out the worst in our bad-money habits. I have known too many couples that have gone into credit card debt to pay for a wedding. Love doesn’t mean paying 15% interest-or more!-for a special day. And I have seen way too many parents nearing retirement who pull money out of their retirement savings, or stop contributing to their retirement accounts for a year or two, or use a home equity line of credit to pay for a child’s wedding. That is insane. Love never means having to jeopardize your future to pay for a wedding.
I am on the record that only couples in great financial shape should spend money on an expensive/large wedding. But for those of you who are just going to plow ahead despite shaky finances, please at least make the most of my money-saving wedding tips.
The average cost of a wedding is now more than $30,000. As I have explained in How to Budget for a Wedding, spending even $3,000 on a wedding is a bad move if you have credit card debt, have yet to build a large emergency fund, or aren’t on pace with your retirement savings.
If you have unpaid credit card balances, your situation could soon progress from very expensive to ridiculously expensive.
When it comes to ranking financial fears, worrying about how your family will fare if calamity strikes is probably at the top of your list. Yet for some reason, no amount of fear has pushed you to the point of (finally!) taking the steps to protect yourself and your family from the “what ifs” that can strike at any time. I am not here to scold. Or guilt you. I just want you to get past this excruciating fear once and for all. Here’s how:
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,
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.
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:
Attention all college freshman, and returning students! If you have taken out an unsubsidized federal Stafford loan to help pay for college, I am betting you are making a big financial
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.
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.
Falling behind on your student loans is one of the worst financial mistakes you can ever make. The penalties and fees if you fall behind, and into default, can add thousands of dollars to your bill.
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:
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.
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.
It’s no secret that money can be a serious wedge issue for couples. Survey after survey reports that when couples argue, finances are often at the heart of the discord. Here’s how every couple can lay the groundwork for financial compatibility.
If you have a low deductible of just $250 or $500 on your homeowner or car insurance policies I want you to listen up right now. You need to call up your insurer and ask for a higher deductible. Yes, I said higher.
Forget all the commencement speeches about your dreaming big, not compromising, and following your passion. That’s all terrific advice, but not nearly as important as the nuts and bolts of four
Life insurance is such a difficult financial hurdle for so many of you. You’re either queasy about pondering the need for it in the first place, or you are rightfully queasy about getting taken by an agent selling you a way-too-expensive policy.
For years I have pointed out how ridiculous it is that people who don’t have credit cards, but responsibly pay-as-they-go with debit cards and cash, are put at a severe disadvantage in our financial system.
President Obama has announced a plan that would pay for 100% of the tuition for anyone who wants to attend a community college and can commit to remain on course to graduate from the two-year program
Last night KT and I were lucky enough to get to go to the courthouse in Del Ray Fla to participate in the first gay marriage ceremonies. Read my thoughts on this historic day.
The personal finance expert’s holdings are in places like New York, the Bahamas and South Africa
I fear many student loan borrowers are flunking out when it comes to choosing the right repayment plan. Here’s a quick quiz to test your repayment smarts:
Far from aspirations that would lead a reporter to refer to me as “a force in personal finance,” my career is the result of a hot tub dream gone bad.
You know how much I hate credit card debt, given the astronomical interest rates you are stuck paying. Though the average is around 14% I know plenty of you pay more than 20% interest. And next year could be even more expensive for anyone carrying credit card debt.
If one were to ask me what I think is the most dangerous threat to our economy, the answer is very simple: STUDENT LOANS.
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.
Student loans are one of the most dangerous types of debt to have, says Suze Orman, who focuses this week's episode of "The Suze Orman Show" on ways to tackle the burden.
The U.S. Department of the Treasury announced Thursday that when it comes to taxes, it will recognize same-sex couples' marriages even if they live in a state that does not.
Sundance Channel announced an impressive list of innovators and leaders from a cross section of professions including music, politics, film, science, journalism and more who will come together to
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.
America's most famous expert on personal finance and star of her own award-winning CNBC television show offers advice for “staying” afloat in these economically turbulent times, thanks to lessons learned at sea.
“Hello Peach, Well much has gone on since we last chatted. Are you ready, better take a deep breath...”
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.
How to teach your teens about money. How do you teach your teens about money—short of lending them your credit card and praying that they don’t hand it back to you maxed out?
Personal finance expert Suze Orman took a break from her soap box at CNBC on Monday to speak candidly about her experience as a gay taxpayer in America. "There is such discrimination [in our tax
Letter From Wynne Sandra Korr, Dean and Professor at the School of Social Work, University of Illinois at Urbana-Champaign. Thanks to the
Marlo: “This week, I was joined by personal finance expert Suze Orman who is a veteran on Mondays With Marlo! Suze is so knowledgeable -- we spoke about everything from maximizing the value of your