Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze School: Savings vs. Consumption

9 snips
May 18, 2025
Explore the vital role of emergency savings in financial health. Discover how disciplined saving and strategic investments can build wealth from the ground up. Understand market trends and the impact of political events on your portfolio. Learn to navigate the stock market's cyclical nature while prioritizing relationships over material gains. Plus, get insights on innovative savings accounts that can boost your financial security.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Suze's 40-Year Investment Story

  • Suze Orman invested $700 monthly into a 5% annuity for 40 years, totaling $336,000 invested.
  • The investment grew to over $1 million, demonstrating the power of disciplined saving and compounding interest.
ADVICE

Savings Over Consumption

  • Focus on consistent savings over consumption to build financial security and true wealth.
  • Prioritize saving for times when you can no longer work instead of spending on material items.
INSIGHT

Stock Market Secular Bull Insight

  • The U.S. stock market remains in a long-term secular bull market despite short-term downturns.
  • Diversify within U.S. assets rather than moving money overseas for better risk management.
Get the Snipd Podcast app to discover more snips from this episode
Get the app