If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance. Suze Orman childdependincome Change image and share on social
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. Suze Orman adequatebalancebank share on social
When someone chooses to value herself over the things she can buy, true transformation begins. Suze Orman beginbuychoose Change image and share on social
Thoughtful financial planning can easily take a backseat to daily life. Suze Orman backseatdailyeasily Change image and share on social
Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income. Suze Orman billfixincome Change image and share on social
While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home. Suze Orman costgeneratehome share on social
So many financial dreams are thwarted by the failure to act upon good intentions. Suze Orman actdreamfailure Change image and share on social
Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus. Suze Orman bonuscompanycontribute share on social
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. Suze Orman bankruptcydebtdischarge share on social
