A Quote by Suze Orman

Financial advice needs to change according to what is happening in the economy. — © Suze Orman
Financial advice needs to change according to what is happening in the economy.
When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.
The rest of the world needs the U.S. economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe.
The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe.
As a young kid, I wasn't really interested at that stage - getting financial advice was far from my mind. I was focused on playing football. But I got onboard with this financial adviser and I heeded his advice, and that was my smartest money decision.
I change my techniques according to what the child or the parent needs, or the family as a whole needs, but as a professional, I do not move with a trend or a fad.
If all is happening perfectly then all that we are feeling is also perfect, which means if there is something happening that feels like it needs to be changed, then change it.
Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.
I've passed along some advice that Oprah [Winfrey] gave to me: When something bad is happening, it's not happening to you; it's happening for you.
People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.
I believe that the American people ought to be part of the conversation about what's happening in our economy, and what's happening in Washington and what's happening on Wall Street.
People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren't going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren't going to change.
When you have an attorney giving you advice, it would be nice to know what their financial relationship is to the advice.
I believe we now have a glorious opportunity: we can pass our laws and set our taxes entirely according to the needs of the U.K. economy.
In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.
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