Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Don’t Take Investment Advice From a Friend
Aug 21, 2025
Learn the crucial role of emergency savings for financial security, while mixing in personal stories that resonate. Delve into the intricacies of SIPC insurance and distinguish between brokerage failure coverage and market losses. Gain insights into securing stable living for loved ones with disabilities and protecting assets from fraud. Explore the complexities of estate planning in blended families and the importance of clear financial communication. Finally, discover essential proactive planning strategies, including must-have legal documents to safeguard your future.
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Prioritize Emergency Savings
- Build an emergency savings account as the foundation of financial security.
- Suze recommends the Ultimate Opportunity Savings Account at Alliant Credit Union to start that emergency fund.
Understand SIPC Limits
- Know SIPC protects assets if a brokerage fails but not against market losses.
- Ask your brokerage about any excess insurance and consider splitting large balances across firms.
Protect A Disabled Spouse
- Buy term life insurance now if needed and prioritize saving and investing for your spouse's future.
- Consider disability insurance and explore independent living options you can buy into for long-term security.