Financial guru Suze Orman is a trusted authority on all kinds
of personal money matters. Her books, newspaper articles and television shows
offer words of wisdom to anyone seeking advice on financial issues.
Here’s just a small selection of her famous quotes.
1. A big part of
financial freedom is having your heart and mind free from worry about
the what-ifs of life.
Financial insecurity makes you vulnerable even to minor life events. Something
as small as a broken boiler can send you into a spiral of debt for years to
come. Having financial freedom means not having to worry about such things.
2. If you have debt I'm willing to bet that general clutter is a problem for
Managing your finances is similar to organizing your house. It is easier to
control you debt once you know exactly how much you owe and to whom.
3. In all realms of life it takes courage to stretch your limits, express your
power, and fulfill your potential. It's no different in the financial realm.
Making money sometimes requires you to take calculated risks. Fortune favors
4. Many people are in the dark when it comes to money, and I'm going to turn on
Some people think that they don’t understand money. Once
you learn the basics, it’s no longer a mystery. Even the most complicated
subjects can be explained in clear, uncomplicated terms.
Owning a home is a keystone of wealth... both financial affluence and
A home is more than just a possession. It’s security. As a major asset,
it can be used to secure a loan. But it also gives you a less tangible feeling
of security, independent of its financial value.
6. People first, then money, then things.
Debt and affluence have one thing in common. They both have a way of making
people forget what is truly important. It’s not about how much stuff you
have. It’s about the people in your life.
7. When you undervalue who you are, the world will undervalue what you do and
Do you project a positive image of yourself to the outside world? The people
around you can pick up on the subconscious signals that you send out. If they
see that you do not value yourself, they will not value you, either.
8. Opposites may attract, but I wouldn't put my money on a relationship of
Marriage is more than just a union of two souls. It’s a merger of two
sets of finances. It’s important that both people can agree on long-term
financial goals. If one of you is a saver and the other is a spender, there is
a good chance that you will end up fighting over money.
Money is a topic that touches all races, all religions, all sexes, all ages,
all tax brackets.
Being in debt can feel very lonely. You may think that
you’re all alone, trying to cope with an avalanche of money problems. But
money is universal. The rich have the same money as the poor, they just have
more of it. Debt is universal, too.
10. True financial freedom is not only having money, but having power over that
money as well.
It’s not enough just to have money. You have to know what to do with it.
You cannot have true financial freedom without intelligent money management.
11. Each cent you apply toward diminishing your debt replenishes you.
If you can pay off some of your debt, do it. It will make you feel better. Even
if it’s only a small amount, it’s a step towards your financial
12. If you show money the respect it deserves today, and carry it through in
all your actions, then one day, when you can no longer take care of it, your
money will take care of you.
Money management is a long-term undertaking. If you invest your earnings
wisely, that money will be there for you when you can no longer work.
13. If shame, fear, or anger is at the wheel, then I can promise you, you are
not on a course toward richness. By having the courage to face and overcome
your inner obstacles, however, you will change the outer trappings of your
financial life forever.
It’s hard to stay positive in the face of mounting debt. Do it anyway.
Negative thoughts will not help you with your financial problems. They will
only make them worse.
14. Be careful not to let the money you spend become a badge of your success.
Success is not measured in the number of things you can buy. If you start to
equate purchases with achievement, then not being able to afford something will
feel like failure.
15. Just because one of you earns the paycheck doesn’t
mean that person should lord over how the money is handled.
Each member of the family fulfills a role. If you are the breadwinner, this
does not automatically entitle you to also be the banker.
16. We never had it as rough as the kids have it today. Look at the price of a
gallon of gas or a piece of real estate or a college education.
The economic climate today is unlike anything faced by the previous generation.
It’s too easy to fall into debt. These new challenges require a new
approach to personal finance.
17. There’s nothing wrong with saying, “I want to have more,”
“I want to be more,” “I did this for money.”
Money is not something dirty. Everyone uses money. There is nothing wrong with
wanting to earn money, then using that money to buy things.
18. Financial freedom is our birthright, rather than the “slave
walk” of the Monday through Friday grind.
Everyone is entitled to financial freedom, even if it doesn’t always feel
19. It’s better to do nothing with your money than something you
They say that a fool and his money are easily parted. If you’re going to
invest, make sure that you know what you are doing. Otherwise, you would be
better off just keeping the money in the bank. It’s easier to lose money
than to make it.
20. Be aware of the language of poverty as it's spoken around you; "I
don't care about money; I don't understand it; I'll never get out of
debt." This is the language that will keep you poor.
Poverty is more than just a financial state. It’s a state of mind.
Negative thinking leads to negative bank balances.