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

What’s really causing your recurring debt?

September 22, 2013 at 8:04 PM

CNBC – Published: Friday, 20 Sep 2013
By: Sakina Spruell | Producer

Do you keep finding yourself with debt that just won't go away? Every time you pay off your credit card, do you feel compelled to run out and charge it back up again? If so, your problem may not be financial at all.

“Over the 30 years I have been working with people and their money, I have come to believe you can't fix financial problems with money,” Suze Orman said.

On an upcoming episode of “The Suze Orman Show,” viewers will hear Randee of Raleigh, N.C., tell Orman that, despite multiple attempts to stop, she keeps running up $20,000 in credit card debt. After Orman asks a few questions, it becomes obvious that the guest is grappling with more than debt.

 

Read Full Article

What’s really causing your recurring debt?

Tag Cloud

charges on credit cardemployer funding HSAteensbig results grandchild summer job IRA contributionphysical healthCredit Card Interest Ratedon't charge a pennytake actionresponsible with moneychildren under 18lower premiumescrowovercome financial fearsdon't ignore open enrollmentYoung Adult money-aware childreduce monthly paymenttitle insurancemoney vowsdental discount plancar buying mistakesEmergency Savingsbetter loan ratesFRACommunication Skills closing disclosurePay Off Debt Before Retirementloved ones dependent on incomeprovider of financial supportinterest capitalizationpublic service loan forgiveness programraise deductiblesone annual feeopen enrollment review Civil Rightsincrease retirement savingsHolidayno splurge student loan debtfederal student loan deferment Retirement SavingsLTChome related tax break bonus can you afford itdangerous money seasonpresident Obamadear suzeavoid burn outfull retirement age19 years cash flow problemSuze approvedlearn good financial choicesLong Term Care Insurance Holiday ShoppingHDHP'shome loan credit score below 740 financial argumentsreal estate marketBeautyGiftJose RodriguezCredit Card Rate Increaseage appropriate goalsemployer offered life insurancestudent loan repaymentpositiveno private loanprotect loved ones tax ID theftretain separate credit cardstraditional vs roth 401(k)Commencement15-year refinance dealwrite new goalkid borrow firstSuze is my biggest mentorleave a legacyGay Couplescompare monthly expensesbest interest ratesworst financial mistakeLoveLong Term Care shoppingAmericans don't use all paid vacation timecredit reportstudent loan repayment estimatordoctor no longer in networkallowance taskgay marriage ban end Florida gift not loangrandparent IRA contribution teach importance of helping others8 Rulesis it kind?increase emergency savingsLifestylemeet monthly Durable Power of Attorney for Health CareConventional loan PMIdo not pay allowance for good behaviorhome insurancebuying car 2016Financial Gift Cliff10 year repayment plan school reduce interest rateno negativityshop online guaranteed level term policysave moneybuying a carpreexisting condition not coveredUniversity of FloridaSpendingFree Debt Eliminatorstretch out haircut appointmentsStudent Loan4 Must Have Documents iffy incomenegotiate points with bank or selleremotional stakesalways use all paid time offmarriage financial responsibilitycar leasingtelevision hostAmy LacyetHow To Build Creditsave better terms3 bucket approachswitch to spouse coveragelet them have 50% controlCredit scorePost-Divorcesocial workreferrals Suze Orman Scholarshipdon't do five year car loannear historic lowsUS Tax CodeNew american Dream couple financesverify retirement plan with HR or plan sponsoryours, mine & oursbe kind to yourself40% toward financial goalBanksavingsFundsfraudulent returnEasy Life Insurance quick closingraise insurance deductibledebtstandard ratenot gender specific confident of solutionconsider roth 401(k)cost of capitalization calculatorfinancing car Prime Rate Increasecreate new truthstandard deduction financial independencedon't blow tax refundhome budget after tax costMortgage Credit Availability Indexsecured cardcommunity bankwaive home inspection biditemized deductionorigination feesWarner Bros Television Grouppush yourself to save more for retirementfocus on needsmental healthbalance transfer HDHP real estate mistakesCollege of Veterinary Medicinepurely financial standpointcontribute household expenses focus on new truth automatic withdraw to savings sidelineddo you need life insurancebad decisionsUrbana-Champaigncommitstore credit cardshigh deductible health care planwomen outlive men2015 record year car salesget credit carddon't spend high FICO scoregraduationmortgageis it necessary?20% down paymentcalculate dependents annual income needsSave Us Moneylong-term care kids schedule paymentslong-term care premiumsborrowing plan Goodbyebe good examplerequire chore in exchange for allowancecredit managementno life insurance financially irresponsibleMass Mutualconfidentautomatic paymentoverspend on nights outfinancial goal phraseallowancecredit cardterm life insuranceearn allowance20% down payment avoid feespowerfuldon't defer interest paymentsemergency fund savingsonly refinance if it paysoverspend on dining outholiday spendingcommunity collegeInterestInfluential Celebrityverify wellness screening and programsclosing feeslow credit scoremortgage disclosurehigher insurance deductiblemaintain standard of livingidentity fraudfamily save at least $100 monthlyrising home pricesclosing costs 2% of loan8 month emergency fundprotect dependent ForbesNewtowndeath benefit 20 to 25 times annual incomegift up to 14,000School of Social Work6 month waiting periodapproved medical 100% tax-freeincrease retirement contribution ratecut monthly cable billMost Influential Celebrities Listcollege graduaterent vs buyloan no longer than 36monthstaxes3% debt transferred Alarm Clock8 month safety netbecome member same sex marriage band end Floridamake saving a pleasureAuto Savings Washington3 step financial road mapsummer job match income under 18 financial giftlong term goalpaying for collegesocial security never insolventdream schoolSuze changed my lifebuy homeloan is giftLong Term Care premiumsHoliday SeasonStudent DebtSuze Orman spouse Kathy TravisInfluentials2016 adjust withholdinglive below your meanswomen live longerlong term carebe true to yourselfprotect and provide for minor child AARP Social security calculatoris it true? no fee transferpaid vacationzero rate transfer dealsWall Streetalternative FICO scoreknow before you owe401(k) ContributionsFICO ScoreSelectQuote.comLTC shoppingdon't derail retirement savingshome ownershipinsurancebuy down Money Marketsetup automatic savings withdrawuniversal college accessletter to suzeSandy Hook PromiseAshley Springerreplace permanent life insurance with termadd teenretirment savingsspeak new goalmax benefit coveredInvest for savings growthpay down car loanstudentinsurance yearly reviewpay interest while in schoolBaby Boomersback door Roth IRAdon't cover cosmetic dentistry20% equityterm insuranceanticipated salaryMoneyTelepicturesSuze Ormanprotect your familycredit unionignore 6 month grace period ultimate compounding giftsuccessPhyllis Shelton expert long-term carecomparison shoppingStudent Debt CrisisEric Dodge pay high rate off firstMarlo ThomasTeachVeterinary Schoolbest loan deal derailed planget health insurancekeep a schedulepercentage men widowed 75-84pay down student loan debtget over life insurance phobiaStaffords this year have a fixed 6.8% interest rateFinancial Awarenessrequired disclosurelousy investmentdeath benefit needs for familyFinancial SystemUniversity of IllinoisCory Bookerroth iramonthly dental insurance premiumlower rateis it necessarysame-sex marriagesavings pleasureloan big picture One Wallet At A TimeFinancial Power of Attorneygift grandchild IRA contributionretirementheartachejanuary billsBankruptcy401Kdoctors in networkone credit cardface your financial fearno tax on withdrawlsCiti Simplicity Card Suze Orman's Money Warscut monthly cellular bill50 over 50The Suze Orman Showpay credit debt ASAPMotherAARPborrow each year, capitalization is going to pile up depreciating asset Employer Matched Contributionfour steps to retirement savings public service career student loan repayment retirement planadult childrenunsubsidized Stafford loanwives should be involved in retirementMoney-SavingCNBCshort term goal buy home you can afforddebit cardco-sign no late fee 2016 adjust estimated taxdebt freeautomate student loan paymentsrepay student loansadvice for college graduatesmobile appFinancial Solutions For Youback-to-school budgetvalue moneydon't use allowance as bribebreakdown projected monthly housing costFinancial Educatorhousing markethome buying mistakesno waiting periodproperty taxfinancial concernhigh premiumslow down paymentcostly insurance mistakethree year car loanHeartGay Rightsfile asapno interestonly offered while employed ritual scheduleHDHP's are not baddon't buy wantsemergency fund pay off debtstay positivecar loanno retirement funds for down paymentdon't extend mortgage bad retirement planningChanging Livesage appropriate choreGraceincentives for health care wellness screeninginsurance mistake10% donate to charitypercentage of women widowed 75-84Financial Cliffbill paying prioritieslife insurancemultiple lenders2015 financial roadmapSatisfyingPrime Rate Rise 2015dangerous retirement planbudgetExhibitionmax employer matched 401(k) contributionhome buying budgetFiscal Responsibilitydental insurance valentines dayteach your child good money habitscnbc alarm clockrefinanceSandy Hook Elementary SchoolRevocable Living TrustFinancial Advicemonthly benefit IRA contribution gifted moneyretirement accountsnot enough life insurancemarriage inequalityFederal Funds Ratewomen longer life spanplannew carswitch to roth 401(k)FHA loan fees!00% tuition paidloan necessitymortgage interest tax deductionwomen long term carepay more than minimumAccuQuote.comNew York LifeAdequate Auto and Home Insurancemanage student loansGiftspermanent life insuranceHSA tax savingsunexpected expensesocial security not going brokepoint cost offset by savingsinitial tax break interest on student loansdental savings planHDHP's are good for youRetirement Incomepay 100% cashno sneaking in feesspecial saving accountPBS SpecialPersonal FinanceForeclosureFinancialjuggle multiple financial goalsget the most out of social security small changes would you decline a bonusStock InvestmentsFinancial Awareness Video Festivalstudent loan repayment planLTCi ASAPlower mortgage interestmortgage brokerForbes Top 10financial fears3 savings buckets Richat worst still pay 75% benefitFinal Goodbyeenjoy saving teens and moneyOverspendingoverspend on giftsFICO credit score credit card mortgage


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
© 2016 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel