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

401K8 month emergency fundSuze changed my lifeloan is giftcredit utilization ratePost-DivorceDurable Power of Attorney for Health Caregift up to 14,000healthy aging do not pay allowance for good behaviorkids schedule paymentscontribution financial independence8 month safety netverify retirement plan with HR or plan sponsorloan no longer than 36monthsEmergency SavingsMinor Children be good exampleshorter payback periodretirementMoney Marketraise your deductibleunsubsidized Stafford loanpay off debtStudent DebtLong Term Care premiumsGay Couplesdental insurance 20 year level term emergency fund AARP Social security calculatorteens40% toward financial goalpay interest while in schoolStudent LoanPrime Rate Increasesame-sex marriagetaxesThe Suze Orman Showthree year car loanemployer funding HSAunder 18 financial giftAshley Springerdon't extend mortgage Financial Awarenessinterest on student loanshousing marketmental healthdoctor no longer in networkdental savings planreal estate mistakesInfluentialsraise deductiblesstudent loan debtrising home pricesrefundwomen long term carehealthy youFederal PLUS loancost of capitalization calculatorlearn good financial choicesFinancial Awareness Video Festival20% down payment avoid feescredit unioncredit reportRichbetter loan dealsUS Tax Codemortgage interest tax deductionsocial security never insolventnot enough life insurancelife insurance name trust as beneficiaryfinancial goal phrase50 over 50lousy investmentpowerfulhigher insurance deductiblerolloverCD'sincreased auto insurance premiumsave lower premiumLTCSuze Orman ScholarshipAmericans don't use all paid vacation timeritual scheduleInvest for savings growthsame sex marriage band end Floridacut monthly cellular billprovider of financial supportbudgetprotect dependent 4 Must Have Documents College of Veterinary Medicinemake saving a pleasureat worst still pay 75% benefitpercentage men widowed 75-84confidentSelfishloan necessityhigh FICO scoreburn outfraudulent returnadult childrendebit cardForbes Top 10community bankretain separate credit cardscomparison shoppingplanrepay student loansrent vs buyborrowing plan push yourself to save more for retirementPay Off Debt Before RetirementFundshealthy teethhealthy gumsAccuQuote.comleave a legacySchool of Social Workwould you decline a bonuslong-term care premiumsidentity fraudincrease emergency savingscar leasingcompare monthly expensesFinancial Educatorcalculate dependents annual income needsexercise reguarlyanticipated salarydebtbetter termsyours, mine & ours740 credit scorelower interest ratecostly legal 10% donate to charityearn more on savingsretirement plandon't do five year car loanbecome member Prime Rate Rise 2015Spendingovercome financial fearsOne Wallet At A TimeCivil Rightslet them have 50% controlcar buying mistakesis it necessary?Influential Celebrityback-to-school budgeteliminate credit card debtDeath Benefitcommissionsvalentines dayfour steps to retirement savings Financial Advicerequired disclosureEmployer Matched Contributionlife insuranceMust Have DocumentsinsuranceCiti Simplicity Card family save at least $100 monthlyLifestyledon't charge a pennyARM CautionFRAno apologyallowanceknow before you owesuccessinitial tax break emergency fund savingsno negativityschedule vacationSelectQuote.comoverspend on nights outautomatic paymentPhyllis Shelton expert long-term careworst financial mistakeMarlo ThomasHolidayannual cost of living adjustmentTelepicturesFinancial Power of Attorneybest interest of investorSuze approveddon't use allowance as bribeRevocable Trustget health insurancephysical healthnot gender specific incentives for health care wellness screeningwomen outlive menSuze Orman's Money WarsFinancial Cliffdoctors in networkpaying for collegebill paying prioritiesBaby Boomersbuying a carno waiting periodcommunity collegedon't spend buy down require chore in exchange for allowancecar loanstaycationbad decisionslowest cost fund optiondon't defer interest paymentsclosing costs 2% of loanrefinanceemotional stakesFederal Stafford loanpaid in fullhome loan credit score below 740 Warner Bros Television Groupreferrals Fixed Rate Mortgageno splurge credit cardverify wellness screening and programsFinancial Systemapproved medical 100% tax-free30 year mortgage retirement accountsspeak new goal20% down paymentlong-term care protect loved ones affordable premiumallowance taskget the most out of social security graduationtax refund fraudorigination feesUniversity of Illinoissavings pleasureloved ones dependent on incomebetter loan ratesfull retirement agedangerous retirement planTeachHDHP raising mortgage rates compare provider pricingclosing disclosurestandard ratekid borrow firstlow down paymentLong Term Care shoppingno retirement funds for down paymentFinancial Solutions For Youwomen longer life spanpurely financial standpointstretch out haircut appointmentsmeet monthly manage student loansenjoy saving Swap Older Annuities or Life Insurance derailed plancreate new truthadvice for college graduatesmoney-aware childmax benefit coveredbe kind to yourselfWillbuy homeonly refinance if it paysHSA tax savingsfinancial concernengaged in financeslong term goalWashingtonCredit Card Interest Ratetelevision hostadjust allocations Roth 401(k)big results Urbana-Champaignfiduciarypermanent life insurancehighest possible benefitCommencementRevocable Living Trustnegotiate points with bank or sellerfile taxes quickly401(k) Contributionsmarriage inequalitycollege studentETF'stax ID theftInterestresponsible with moneyCombo Insurance Productszero rate transfer dealsdon't blow tax refundno late fee workaholicletter to suzegift grandchild IRA contributioncontribute household expenses charges on credit carddon't buy wantshealthy retirement weightFiscal Responsibility15-year refinance deal20% equityno tax on withdrawlsFICO credit score credit card mortgageshort term goal Save Us Moneysocial workpositiveno fee transferautomate student loan paymentscostly insurance mistakeitemized deductionFICO ScoreBill and PennyOverspendingpay down student loan debtcouple financesmonthly benefit be true to yourselfunexpected expensesuitablekeep a schedulewaive home inspection bidchildren under 18cnbc alarm clockteens and moneysetup automatic savings withdrawpublic service loan forgiveness programGracebalance transfer overspend on dining out3 bucket approachmaintain standard of livingavoid burn outsecured cardFederal Funds Ratelow credit scoresocial security not going brokeis it necessarymoney vowsgift not loanInflation Benefitbad retirement planningPersonal Financemonthly dental insurance premiumalternative FICO scorewrite new goalescrowspecial saving accountlow-cost index mutual fundMoney-SavingGiftsdon't cover cosmetic dentistrystudent loan repayment planonly offered while employed get credit card19 years cash flow problemiffy incomereplace permanent life insurance with termprotect your familydebt freemultiple lendersMost Influential Celebrities ListUniversity of Floridastay positivenew carnear historic lowsFinal GoodbyeHDHP's are not badCredit Card Rate IncreasesavingsMoneyNew York LifeSuze is my biggest mentorgay marriage ban end Florida children's bookFinancialmortgage disclosureterm insuranceLTC shoppingAmy LacyetMortgage Credit Availability Indexreduce withholdingFICO at least 720one credit cardhealthy retirement blood pressurehome ownershipstudent loan repayment estimatorlower overall drug costpremiumno sneaking in feesBeautyincrease retirement savingsHDHP/HSALovePBS Specialinsurance mistakeclosing fees3 savings buckets Young Adult reduce interest ratelive below your meansaccelerate dental work10 year repayment plan grandchild summer job IRA contribution2017 Taxesfinancial fearsvalue moneyreal estate market2015 record year car salesnon conventional routelower mortgage interestlong term careschool pay 100% cashwomen live longerCory BookerAlarm Clockstudentterm life insurancetoo expensive schoolStaffords this year have a fixed 6.8% interest rateHow To Build CreditSatisfyingfederal student loan deferment pay down car loanswitch to roth 401(k)focus on needsCNBCpublic service career student loan repayment Holiday SeasonMass MutualFederal Reserveborrow each year, capitalization is going to pile up Newtownpay credit debt ASAPpay high rate off firstloan big picture 3% debt transferred store credit cardsJose RodriguezGiftno private loandeath benefit needs for familysave moneyFHA loan feeshome budget after tax costconfident of solutionCOLAAARPIRA contribution gifted moneysummer job match income get over life insurance phobiapercentage of women widowed 75-84High FICO Score = Better Rateeight month living expense dangerous money seasoncredit managementgrandparent IRA contribution high premiumsteach importance of helping othersno private loansinterest capitalizationaffordabilityco-sign HDHP'sage appropriate goalsfinancial argumentsconsider roth 401(k)home buying budgetjanuary billsEric Dodge juggle multiple financial goalsteach your child good money habitsadd teenForeclosurefocus on new truth breakdown projected monthly housing costAuto Savings commitLegal Guardian2016 adjust withholdingpaid vacationpoint cost offset by savingsForbes!00% tuition paidultimate compounding giftHoliday ShoppingConventional loan PMIARMtraditional vs roth 401(k)heartacheGoodbyehome buying seasonstrained relationshippresident Obamafinancial aidChanging Lives8 Rulesmax employer matched 401(k) contributionstandard deduction no life insurance financially irresponsiblecollege graduatedon't ignore open enrollmentroth iraStudent Debt CrisisNew american Dream quick closing20 to 25 times annual incomehigher monthly paymentswitch to spouse coverageVeterinary Schoolmax employee matchhome buying mistakesAdequate Auto and Home Insurancehigh down paymentface your financial fear15 year mortgagehigh credit score discountis it kind?mortgage brokeridentity theftopen enrollment review automatic withdraw to savings pay more than minimumoverspend on giftsFree Debt Eliminatorearn allowanceRetirement SavingsLong Term Care Insurance age appropriate choreCPI-W6 month waiting periodsidelinedresponsibleVital Documentshome related tax break bonus Credit scoreFinancial Gift Cliffspring summer raising interest ratesLTCi ASAPSuze Orman spouse Kathy Travis2015 financial roadmaplow mileage discountpreexisting condition not coveredHDHP's are good for youdream schoolraise insurance deductibleMothercan you afford itis it true? mortgagebuying car 2016death benefit 20 to 25 times annual incomepeace of mindprotect and provide for minor child professional advisorGay Rightsemployer offered life insuranceshop online guaranteed level term policySandy Hook Elementary SchoolSuze Ormandon't derail retirement savingsEasy Life Insurance universal college accessproperty tax3 step financial road mapsocial securitydo you need life insuranceignore 6 month grace period increase retirement contribution ratestudent loan repayment2016 adjust estimated taxreduce monthly paymentCommunication Skills back door Roth IRAHeartsmall changes buy home you can affordinsurance yearly reviewWall Streetlower ratebest interest ratescut monthly cable billExhibitionbest loan deal prescription tierBankruptcyBankone annual feealways use all paid time offSandy Hook Promisedental discount plansecure creditfile asapno interesthigh deductible health care planretirment savingsmobile appmarriage financial responsibilityHigh Credit Scorefinancing car dear suzewives should be involved in retirementhome insurancedepreciating asset take actiontitle insuranceStock Investmentsholiday spendingRetirement Income


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