Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card. — Suze Orman Copy Share Image
A reverse mortgage is available to anyone who is at least 62 years old and owns a home outright, or has a… — Suze Orman Copy Share Image
“Some of the most important things to look for when checking underneath a fund’s hood are its fees.” — Suze Orman Copy Share Image
Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to… — Suze Orman Copy Share Image
The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major… — Suze Orman Copy Share Image
If you make any trades during the year, keep a record of each transaction for at least three years. — Suze Orman Copy Share Image
You must trust yourself more than you trust others. Pay attention to your inner voice - it will tell you if how… — Suze Orman Copy Share Image
“You want to make sure you have many different types of stock funds (large-, mid-, and small-cap, as well as growth and… — Suze Orman Copy Share Image
If you're saving for the long run, it's actually a good thing when the market is down because the more shares you… — Suze Orman Copy Share Image
I generally encourage people to make good on debts when they have enough money to repay them. But once a delinquency has… — Suze Orman Copy Share Image
Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could… — Suze Orman Copy Share Image
For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix… — Suze Orman Copy Share Image
Money you won't need to use for at least seven years is money for investing. The goal here is to have your… — Suze Orman Copy Share Image
If you have credit card debt and credit card companies continue to close down the cards, what are you going to do?… — Suze Orman Copy Share Image
Credit card companies are jacking up interest rates, lowering credit limits, and closing accounts - and people who have made timely payments… — Suze Orman Copy Share Image
I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to… — Suze Orman Copy Share Image
“I’m going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and… — Suze Orman Copy Share Image
“How long have you been a financial advisor? At least ten years is what you want to hear. Experience is an important… — Suze Orman Copy Share Image
A cash advance on a credit card is one of the worst types of borrowing because the interest rate is typically 21… — Suze Orman Copy Share Image
Credit unions are often a better deal than banks and tend to pay higher yields on deposits. — Suze Orman Copy Share Image
People often panic when the markets go down and sell off their stocks - but then they aren't in the game when… — Suze Orman Copy Share Image
To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or… — Suze Orman Copy Share Image
Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've… — Suze Orman Copy Share Image
“You want your diversified stock portfolio to include stocks from different industries, large companies, small companies, companies here in the United States,… — Suze Orman Copy Share Image
But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you… — Suze Orman Copy Share Image
I've never believed unemployment numbers because the way that they calculate unemployment makes no sense whatsoever. It's not how many people are unemployed. It's… — Suze Orman Copy Share
Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward… — Suze Orman Copy Share
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… — Suze Orman Copy Share
Believing you are worthy of love means that you believe I deserve to be treated well - with respect and dignity. I deserve to… — Suze Orman Copy Share
If you're not staying on top of your money, you are putting your financial well-being at risk. — Suze Orman Copy Share
When you understand that your self-worth is not determined by your net-worth, then you'll have financial freedom — Suze Orman Copy Share
I think Oprah's [winfrey] learned from me that it's OK to be harsh on people because in one's harshness you can see transformation happen… — Suze Orman Copy Share
No well-planned retirement should be without long term care insurance. It is the very cornerstone of retirement security. — Suze Orman Copy Share
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… — Suze Orman Copy Share
True generosity is an offering; given freely and out of pure love. No strings attached. No expectations. Time and love are the most valuable… — Suze Orman Copy Share
I'm a big advocate of a work-for-pay setup rather than an allowance that isn't attached to chores - it's a great way to impart… — Suze Orman Copy Share
