Monday, February 2, 2015

How to know if you are financially prepared to have a baby

Let’s play baby. The average cost of having a baby today is about $1,300 a month. 

So let’s pretend you have already had a baby to see if you can afford to quit your job. Take 100 percent of the mom's salary and put it in the bank. Then take $1,300-$1,500 a month from the dad's salary and put that in the bank. 

If you can make it on what's left over from the father's salary, you know you can afford a baby without the mom having to return to work. 



Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Monday, January 26, 2015

Paying for Kids college education

Why do you feel that you need to be obligated to pay for your children? 

We make it when we have to do it on our own. It’s an honor to take care of your parents, but kids? This isn’t about desire to help, it's about guilt. Say ‘no’ out of of love for yourself, versus ‘yes’ out of fear that they won’t love you.


Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Wednesday, January 21, 2015

Get a prenup early

Do you have a prenup? You should get a prenup when you're in a state of love, not when you're in a state of hate. 


Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Monday, January 19, 2015

What hurts credit score

What hurts your credit score is if you pay your bills late or if you spend too much on credit in comparison to what you have. The best way to save your FICO score is to pay your bills on time, don’t charge those credit cards and don’t worry about the rest in terms of savings.


Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Monday, January 12, 2015

When to start contributing to retirement plan

It’s never too soon[to start contributing to retirement plan]. If you put $2,000 into a Roth IRA at 8 percent interest today, you will have $94,000 in 40 years. If you put $2,000 per year into a Roth IRA, you can have more than $1 million in 50 years.



Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Monday, January 5, 2015

Quote on making mistakes

Mistakes aren't half as important as what you do to correct them. Don’t be afraid to go out on a limb, because that is where the fruit is.



Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.

Monday, December 29, 2014

Suze Orman says Student loan debt is dangerous



Suze Orman is a award winning certified financial planner and author of several books including 'The Road to Wealth'. She went from being a waitress at age 30, making $400 a month, to now having her own TV show and a net worth of $30 million dollars.