Suze Orman: 6 Bad Pieces of Money Advice

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Suze Orman: 6 Bad Pieces of Money Advice

^{Published on 2025-01-03 20:04:09 - AOL}

There has always been bad advice out there about what to do with our money. But now, in an increasingly digital age where many of us are glued to social media apps, inhaling particle after particle

The article on AOL, written by Suze Orman, discusses six common financial mistakes that people often make, which can hinder their financial well-being. These include: 1) Not having an emergency fund - Orman stresses the importance of having savings to cover unexpected expenses. 2) Ignoring high-interest debt - She advises against letting credit card debt accumulate due to its high interest rates. 3) Overlooking small daily expenses - Small, regular purchases can add up significantly over time. 4) Failing to invest - Orman points out the missed opportunity for wealth growth by not investing, especially in retirement accounts. 5) Not having a budget - Without a budget, it's easy to overspend and lose track of financial goals. 6) Neglecting insurance - She highlights the necessity of insurance to protect against catastrophic financial loss. Orman's advice focuses on proactive financial management to secure a stable financial future.

Read the Full AOL Article at:
[ https://www.aol.com/suze-orman-6-bad-pieces-130007603.html ]

N@N

Suze Orman: 6 Bad Pieces of Money Advice