We certainly tightened our belt to do so, but not to the extremes that the pundits always preach. Paid off 17000 in credit card debt in 18 months, that he racked up on my card, paid the 10000 a year over my sons 35000 scholarship for college, and am still living credit card debt free. But of course thats to be expected! By far the best comment Ive ever received! She is loud and obnoxious and can be demeaning at times. Suze Orman Bio (Wiki) - Married Biography Suze Orman leaving CNBC, developing new show - CNNMoney Her experience also drives home the importance of having an emergency fund, especially during the coronavirus pandemic. Compare warnings, and see you future bottom lineincrease! You cant expect her to be 100% accurate all the time. great article , thanks Jeff !! She recommends an eight-month emergency fund, which is more important than getting out of credit card debt right now. After being treated for reflux and having surgery, she thought she was in the clear. Here are 14 other reasons why you shouldnt listen to Suze Orman. No other profession does so much for their client for next to nothing and often absolutely nothing. Fear, shame and anger are the three things that keep you from having more. She has helped a lot of people become aware of their finances. Suze Orman penned a column for LinkedIn describing why she quit CNBC her show, which wraps on March 28 at 9pmET.. Suze Orman Says Most Americans Need o Do This to Survive a Financial Health Insurance: 3 Reasons You Should Pick the HSA Option. Here here. So after a year I said look what I got in the mail she said what I said your 401k statement showing how much you have made on your investing into the 401k. I knew people were going to need it. Like a lot of professions, it really boils down to honesty. 4 Things Suze Orman Is Dead Wrong About - The Motley Fool Her bias is her own piggy bank/portfolio that reflects none of the products she promotes. Own a waterfront beach house outright, two profitable rental houses, and my primary is done in five years. Maybe you can read to the elderly? It makes us feel good, even if deep down inside, we know its not entirely true. In truth, a lot of her advice is really good stuff. For more information, please check out our. Yes, the famous money gurus have some good information but it is mixed in with bad advice and conflicts of interest. But you should never mindlessly take action based on someones advice, least of which that of a financial guru.. Its quite another to take it from someone whos pontificating to a mass audience and has absolutely no knowledge of your situation whatsoever.