Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze School: Are You Attracted or Repelled by Your Money?
Nov 12, 2023
In this podcast, the hosts discuss the attraction and repulsion people feel towards money. They emphasize the importance of self-worth and understanding money for financial freedom. They also address confusion about I bonds and discuss retirement account limits and financial details.
29:35
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Quick takeaways
- Understanding one's own relationship with money and examining attitudes towards it is crucial for financial well-being.
- Caution should be exercised when investing in Series I bonds, especially for those with a 0% fixed interest rate, as reassessment may be beneficial to potentially increase overall yield.
Deep dives
The Paradox of Money
The podcast episode delves into the paradoxical relationship people have with money. It begins with an experiment where individuals readily accept a red rose when offered, but refuse to take a one-dollar bill when similarly offered. This leads to the realization that people are comfortable with the physical manifestations of money, such as what it can buy, but shy away from discussing or dealing with money itself. The host emphasizes the importance of understanding one's own relationship with money and explores the concept of self-worth and its correlation with net worth. She encourages listeners to examine their attitudes towards money and questions why some are attracted to it while others repel from it.
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