Skip to main content

Suze Orman Live and Other Notes

This weekend I am quite excited. I will be taking my mom to see Suze Orman give a talk about her new book about Women and Money. This past Christmas I gave my mom Suze's book about the 9 Steps to Financial Freedom which I liked. My mom devoured the book and has been taking steps to get her finances in better shape ever since. This book promises to focus on women's issues and will probably delve more into the emotional/psychological issues that many women have with regard to their money. But I'm ok with that. I think that many people out there need to hear some of these things and I think that changing your thinking is the critical first step to affect a positive change in your life -- whether its financial or otherwise.

In general terms, people are creatures of habit. And yet we expect to do the same things again and again and again and somehow get a different result. It usually doesn't work. Instead we are stuck in cyclical behavior and thought-patterns and then are stuck with the same shoddy outcomes. Personally, when I started taking more responsibility for my financial situation, I started to feel much better.

The market tanked yesterday, but I am generally not worrying about it. Just out of curiousity I wanted to check my 401k balance but it seems that the Fidelity website was down this morning, undoubtedly because of the high amount of traffic. On the upside though, I do have a fairly large contribution coming up, and it may be that this amount could go through when the market is down. Wouldn't that be nice?

Comments

Popular posts from this blog

Do Better With Your Time

Recently, I've been extremely busy with some work commitments. The interesting thing for me is that this increased work activity has really helped crystallize some of my feelings with regard to time. And these ideas are a critical part about my view on personal finance. I'm curious to know if others feel similarly. Time is money. That is, Time, in some way, contains energy. Money, is also energy. In the act of working, I am able to compound and increase the amount of money that I have. I am exchanging my time and effort and thought which are components of my work, for the productivity that I produce. And this production gets me money from my employer. However, the first dollars that I make each day, week, or month are the most valuable. Then the ones that I make at the end are the most valuable. (Forget about taxes for a minute.) The reason is, the first ones help me have a place to live and food to eat. And the last ones are the ones that I can use to really improve my life lo...

Awkward Family Money Situations

I was about to write this as a comment, but its quite long and brings up a ton of issues so here goes. First, check out  <a href=" http://hereverycentcounts.blogspot.com/2007/06/money-and-etiquette-why-are-important.html ">this story at here every cent counts</a>. Now on to my response. I am just mortified by this story. I cannot even imagine that people with kids would expect someone in college to pay for their own dinner. I'm assuming that this is an aunt/uncle/great aunt/great uncle situation and that you are a young college student in late teens, early twenties with no full time job. All of my answers below are based on those assumptions. If that is the case, they should *splurge* the 20 bucks for dinner. They are an adult here and as much as I believe that you should be independent, while you are in college and struggling for money, you should be treated on an occasion like this. Big Question: How do your mom and/or dad and/or other immediate family ...

Suze Orman Goes Too Far!

I've been a fan of Suze Orman for years. When I first started working after graduating college and then I started to make some money, my experience with other members of my family, mostly my grandparents, showed me that I needed to figure this money thing out. So, I set out to understand how money works and I found Suze. Many financial gurus are out there and for the most part, much of the advice overlaps, but Suze really seemed to be right along my line of thinking.  I bought the books, watched the show, and despite the fact that I feel like I've largely outgrown it so long as I follow the lessons, I really wanted to check up on how things were going. I went to the CNBC website and found an interview where she said this: "I do really live within my means. I have absolutely no debt. If I don't have the money to write a check, then I can't afford it. I never, ever, ever spend old money, so I'm only allowed by my own standards to buy something new with new mone...