Balance Quote by Suze Orman
“I have always advocated doing everything possible to pay off credit card balances; it's good financial management and the ticket to a strong FICO credit score.”
About This Quote
Source Book: The Money Book for the Young, Fabulous & Broke, Suze Orman, 2005
Paying off credit cards fully improves financial health and boosts credit scores.
In simple terms: Clear debts improves credit score.
Key Takeaway
Pay balances in full each month.
Themes
financial health
credit scores
responsibility
Mood
practical
motivational
Type
advice
financial
When to use this quote
- personal budgeting
- loan applications
- financial planning
- credit card use
Key Concepts
budgeting
debt management
credit scoring
Questions to Reflect On
- How can you create a budget to pay off balances?
- What strategies help avoid new debt?
A Different Perspective
Only works if you can afford full payments; interest rates may vary.
![“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 right before your very eyes.” quote by Suze Orman](https://sms4smile.com/quotes/img-quotes/6ca/suze-orman-1007_change_i-think-oprah-s-winfrey-learned-from-me_75357.jpg)
