Top 291 Quotes & Sayings by Suze Orman - Page 2

Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?

Focus on what you have.

Opposites may attract, but I wouldn't put my money on a relationship of financial opposites.

Get rid of debt now.

Never, ever invest money that you will need prior to three to five years - minimum.

We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.

Never invest emergency savings in the stock market.

I think they've been baby bummers.

The less money you owe, the less income you'll need and the less you'll have to save for tomorrow.

If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

In all realms of life it takes courage to stretch your limits, express your power, and fulfill your potential... it's no different in the financial realm.

If the only way you can build an emergency fund is to pay the minimum due on your credit card, that is what you need to do.

I love the Roth IRA. Tax-free income in retirement is a truly great deal.

If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.

Private student loans should be avoided at all costs.

I love, love, love that you want to use your debit card. But to keep your credit score solid, you still need to keep a few credit cards and use them at least once every few months.

People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.

A pile of bills and statements - whether paid or not - is a sign that someone is clueless about what's coming in and going out.

We never had it as rough as the kids have it today. Look at the price of a gallon of gas or a piece of real estate or a college education.

Make it a priority to have at least eight months of living costs set aside in a federally insured bank or credit union account.

When someone chooses to value herself over the things she can buy, true transformation begins.

The world does not need another credit card.

Every time you overhear something hurtful, I want you to do something kind for someone else.

One journalist estimated my liquid net worth at $25 million. That's pretty close. My houses are worth another $7 million.

If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.

You must recognize, embrace, and be honest about what is real for you today and allow that understanding to inform the choices you make. Only then will you be able to build the future of your dreams.

I simply want you to give to yourself as much as you give of yourself. By taking care of yourself financially, you will truly be able to take care of those you love.

When you give, give from the place of the heart because it is the right thing to do, not the easy thing to do.

I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded.

The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.

If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.

The world needs another vehicle to get people to pay in cash.

Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

If you're not staying on top of your money, you are putting your financial well-being at risk.

Give to yourself as much as you give of yourself! This means you have to put yourself first.

The way to build your savings is by spending less each month.

Rather than saying, 'My checking account is a wreck,' change it to 'I will learn how to track my spending and balance my checkbook.'

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

The last thing family and friends want is for you to spend money on them that you don't have or that you can't really spare.

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.

I am a big believer that orderliness begets wealth.

A revocable living trust allows your heirs to avoid probate entirely and keeps you in complete control of your finances while you're alive. You can always make changes to what's in the trust and to how you'd ultimately like it managed or disbursed.

The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.

If you have debt I'm willing to bet that general clutter is a problem for you too.

A wise woman knows how to summon her courage and do what is right, rather than what is easy.

It pays to be a fee fiend.

Don't let what others think or say get in your way; their actions reflect on them, not you.

We women know how to take care of everybody so well. But the one person we have written out of the equation is us.

It's impossible to map out a route to your destination if you don't know where you're starting from.

Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments are not exempt. So even if you pay off your balance - and that's tough when interest rates are insanely high - there's a good chance your credit limit will be slashed, and that will hurt your FICO score.

Cut back your spending now.

Opt for a fixed-rate rather than an adjustable-rate mortgage.

I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.

The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.

They got married, they got divorced, and half their money goes out the window.

Put your financial life on autopilot as a form of 'forced' saving.

Everybody in America started to define themselves by all these things they had around them. And all of a sudden it came tumbling down. So the old American dream has died, and that is a good thing.

Find $50 a month for savings. No excuses!