1 00:00:41,459 --> 00:00:45,150 Robert: June 29th, 2024. Welcome to the Women and Money podcast. 2 00:00:45,159 --> 00:00:48,990 Robert: As well as everyone smart enough to listen, Robert, the 3 00:00:49,000 --> 00:00:53,619 Robert: producer here. So there is a Travis family gathering this 4 00:00:53,630 --> 00:00:57,069 Robert: weekend in the lovely garden. State of New Jersey with 5 00:00:57,080 --> 00:00:59,270 Robert: 40 members of KT's family. 6 00:00:59,740 --> 00:01:02,040 Robert: You know, it's kind of interesting that KT is from 7 00:01:02,049 --> 00:01:06,819 Robert: New Jersey and she loves gardening, but that's beside the point. Today, 8 00:01:06,830 --> 00:01:09,319 Robert: what we're gonna do is feature highlights from a previous 9 00:01:09,330 --> 00:01:13,199 Robert: episode about what to do with inheritance. Now, Suze and 10 00:01:13,209 --> 00:01:16,360 Robert: KT will be back with a brand new Ask KT 11 00:01:16,370 --> 00:01:20,370 Robert: and Suze Anything episode this coming Thursday, July 4th. You know, 12 00:01:20,379 --> 00:01:22,870 Robert: maybe something you can listen to as you prepare your 13 00:01:22,879 --> 00:01:24,839 Robert: own family gathering. 14 00:01:25,580 --> 00:01:28,400 Robert: All right, we're gonna pick up with Suze and the 15 00:01:28,410 --> 00:01:33,029 Robert: heart of the inheritance Suze School from last fall. Enjoy. 16 00:01:34,940 --> 00:01:36,870 Suze: What do you do 17 00:01:37,739 --> 00:01:44,000 Suze: when you have received an inheritance? And maybe it is 18 00:01:44,010 --> 00:01:45,550 Suze: the first time 19 00:01:46,250 --> 00:01:49,879 Suze: that you have gotten a large sum of money and 20 00:01:49,889 --> 00:01:53,900 Suze: now you don't have a clue what to do with it. 21 00:01:54,209 --> 00:01:57,699 Suze: All right, take out your little Suze notebooks. 22 00:01:58,760 --> 00:02:02,940 Suze: You have to look at your financial situation and you 23 00:02:02,949 --> 00:02:08,259 Suze: need to write down everything that you have. Let's start 24 00:02:08,270 --> 00:02:09,660 Suze: with debt. 25 00:02:10,529 --> 00:02:13,809 Suze: I want you to write down how much credit card 26 00:02:13,820 --> 00:02:17,279 Suze: debt you have. I want you to write down how 27 00:02:17,288 --> 00:02:25,580 Suze: much student loan debt you have car loan debt, 401k 28 00:02:25,589 --> 00:02:28,698 Suze: or any retirement loan debt 29 00:02:29,470 --> 00:02:32,000 Suze: and then mortgage debt 30 00:02:32,619 --> 00:02:37,369 Suze: and also any personal debt. If you've borrowed money from 31 00:02:37,380 --> 00:02:38,839 Suze: any single person 32 00:02:39,679 --> 00:02:42,660 Suze: and you have not paid them back yet. 33 00:02:43,389 --> 00:02:46,690 Suze: And I want you then next to each one of 34 00:02:46,699 --> 00:02:51,690 Suze: those categories to put down the average interest rate that 35 00:02:51,699 --> 00:02:55,169 Suze: you are paying on that debt. 36 00:02:56,160 --> 00:02:59,339 Suze: That's the first thing that I want you to do. 37 00:03:00,320 --> 00:03:06,429 Suze: Second topic is emergency savings accounts. 38 00:03:07,538 --> 00:03:14,289 Suze: How much do you have in an emergency savings account? Now, 39 00:03:14,300 --> 00:03:19,850 Suze: I want to make a distinction here between an emergency 40 00:03:19,860 --> 00:03:21,250 Suze: savings account 41 00:03:22,550 --> 00:03:29,770 Suze: and a must pay savings account. An emergency savings account 42 00:03:30,110 --> 00:03:35,889 Suze: is for true emergencies such as your car breaks down 43 00:03:35,899 --> 00:03:38,729 Suze: and it's gonna cost you $400 to fix it up. 44 00:03:38,740 --> 00:03:42,570 Suze: Maybe you blow a tire, your air conditioner started to 45 00:03:42,580 --> 00:03:47,289 Suze: go wonky your refrigerator. I want you to write down 46 00:03:47,880 --> 00:03:52,428 Suze: all the possible little emergencies that would have to be 47 00:03:52,440 --> 00:03:58,639 Suze: fixed right away. That's why it's an emergency. You don't 48 00:03:58,649 --> 00:04:03,550 Suze: have a choice. You have got to fix it. Right away. Now, 49 00:04:03,559 --> 00:04:08,089 Suze: why am I concentrating on that? Because do you know 50 00:04:08,679 --> 00:04:13,350 Suze: that almost 74% of the people in the United States 51 00:04:13,960 --> 00:04:20,570 Suze: don't have $400 to fix an emergency? 52 00:04:21,308 --> 00:04:26,699 Suze: That if in an emergency happened for $400 the only 53 00:04:26,709 --> 00:04:29,329 Suze: way they would be able to pay for it would 54 00:04:29,338 --> 00:04:33,278 Suze: be a credit card, a 401k loan, 55 00:04:33,950 --> 00:04:38,238 Suze: maybe asking friends and family for money or payday loan, 56 00:04:40,059 --> 00:04:46,250 Suze: three quarters of the people in the United States got that. Everybody. 57 00:04:46,959 --> 00:04:50,529 Suze: I don't want you to be one of those people. 58 00:04:50,890 --> 00:04:54,618 Suze: It is very important that you know how much liquid 59 00:04:54,630 --> 00:04:56,700 Suze: cash do you have 60 00:04:58,250 --> 00:05:02,409 Suze: to pay for in an emergency? And I would like 61 00:05:02,420 --> 00:05:08,410 Suze: to see you have at least 1 to $2000 in 62 00:05:08,549 --> 00:05:09,709 Suze: that account. 63 00:05:10,600 --> 00:05:16,790 Suze: Next, I want you to have another savings account called 64 00:05:16,799 --> 00:05:20,779 Suze: your Must Pay Savings account. 65 00:05:22,440 --> 00:05:27,929 Suze: What must you pay every single month? You must pay 66 00:05:27,940 --> 00:05:33,190 Suze: your mortgage, your rent, your car payment, your insurance premiums, 67 00:05:33,200 --> 00:05:35,420 Suze: things like that. 68 00:05:36,190 --> 00:05:39,719 Suze: So yes, I know you have a paycheck coming in. 69 00:05:40,010 --> 00:05:45,169 Suze: Everything is ok. Maybe you've been living paycheck to paycheck, 70 00:05:45,178 --> 00:05:49,119 Suze: which is why it's incredibly important that you first have 71 00:05:49,130 --> 00:05:53,649 Suze: an emergency savings account in case even while you're working, 72 00:05:53,660 --> 00:05:56,859 Suze: your car breaks down or something is needed where you 73 00:05:56,869 --> 00:06:00,200 Suze: need the money, you didn't expect to need it. It's 74 00:06:00,209 --> 00:06:01,849 Suze: an emergency but you need it. 75 00:06:02,869 --> 00:06:07,769 Suze: However, what happens if you lose your job? 76 00:06:08,809 --> 00:06:12,349 Suze: All of a sudden, you don't have income coming in. 77 00:06:12,500 --> 00:06:16,269 Suze: Maybe you were laid off, maybe you got sick. Maybe 78 00:06:16,279 --> 00:06:17,869 Suze: you were in a car accident. 79 00:06:18,619 --> 00:06:25,349 Suze: You need eight months of expenses of must pay expenses 80 00:06:25,540 --> 00:06:29,549 Suze: in a must pay savings account. 81 00:06:31,089 --> 00:06:40,299 Suze: So, those are three categories there. Right. Next is retirement accounts. 82 00:06:41,299 --> 00:06:45,140 Suze: I want you to write down all the retirement accounts 83 00:06:45,149 --> 00:06:50,239 Suze: you have and how much money you have in each 84 00:06:50,250 --> 00:06:52,799 Suze: and the answer to this question. 85 00:06:53,600 --> 00:06:59,940 Suze: Are you maxing out your retirement accounts or are you not? 86 00:07:01,329 --> 00:07:05,149 Suze: All right. So you'll put a yes or no there. 87 00:07:06,470 --> 00:07:11,230 Suze: All right. So let's just stay with these categories, these 88 00:07:11,239 --> 00:07:13,690 Suze: four categories right now. 89 00:07:14,570 --> 00:07:18,429 Suze: And you have gotten an inheritance. 90 00:07:19,149 --> 00:07:19,839 Suze: Ok? 91 00:07:20,859 --> 00:07:24,079 Suze: If I got a substantial inheritance, 92 00:07:24,950 --> 00:07:28,089 Suze: the very first things that I would do with it 93 00:07:28,140 --> 00:07:31,420 Suze: is I would do what I would get rid of 94 00:07:31,429 --> 00:07:34,989 Suze: my credit card debt. If there was enough money, I 95 00:07:35,000 --> 00:07:37,619 Suze: would get rid of my car loan debt, I would 96 00:07:37,630 --> 00:07:40,640 Suze: absolutely get rid of my personal debt that I owed 97 00:07:40,649 --> 00:07:43,769 Suze: anybody money to. I would get rid of my student 98 00:07:43,779 --> 00:07:47,809 Suze: loan debt. I would get rid of my 401k debt 99 00:07:48,179 --> 00:07:51,570 Suze: and depending on the interest rate that you are paying 100 00:07:51,579 --> 00:07:52,730 Suze: on your mortgage 101 00:07:53,119 --> 00:07:55,380 Suze: and if you are going to be staying in your 102 00:07:55,390 --> 00:07:59,609 Suze: home forever and you're older, you're in your sixties. When 103 00:07:59,619 --> 00:08:01,820 Suze: this happens, I would get rid of my mortgage debt. 104 00:08:02,820 --> 00:08:06,649 Suze: By the way that you categorize, this is the highest 105 00:08:06,660 --> 00:08:09,679 Suze: interest rate to the lowest 106 00:08:10,429 --> 00:08:13,570 Suze: and that is how you would do it. Except for 107 00:08:13,579 --> 00:08:14,309 Suze: one thing 108 00:08:15,260 --> 00:08:21,739 Suze: if I inherited money and somebody lent me money that 109 00:08:21,750 --> 00:08:25,019 Suze: I haven't been able to pay them back, even if 110 00:08:25,029 --> 00:08:30,519 Suze: it's at a 0% interest rate, I would pay them 111 00:08:30,529 --> 00:08:36,000 Suze: back before I did anything else with any of my inheritance. 112 00:08:36,330 --> 00:08:41,159 Suze: Once that was paid back, I would then categorize my 113 00:08:41,169 --> 00:08:44,869 Suze: debt from the highest to the lowest interest rate, 114 00:08:45,419 --> 00:08:49,000 Suze: depending on how much money you inherited. And I would 115 00:08:49,010 --> 00:08:53,210 Suze: get rid of as much of that debt as I could. 116 00:08:53,400 --> 00:08:57,039 Suze: If the inheritance was totally taken up by getting rid 117 00:08:57,049 --> 00:09:01,159 Suze: of my credit card debt, student loan debt, car loan debt. Great. 118 00:09:01,169 --> 00:09:02,919 Suze: Then if that's it, it's over. 119 00:09:03,609 --> 00:09:05,650 Suze: You don't have that debt anymore. 120 00:09:06,330 --> 00:09:10,359 Suze: That if it's a large inheritance, I would seriously look 121 00:09:10,369 --> 00:09:14,359 Suze: at getting rid of all debt. The only debt I 122 00:09:14,369 --> 00:09:17,710 Suze: would think twice about would be the mortgage debt, depending 123 00:09:17,719 --> 00:09:20,710 Suze: on the interest rate, the tax write off. And if 124 00:09:20,719 --> 00:09:22,829 Suze: you're going to stay there forever, 125 00:09:23,539 --> 00:09:26,950 Suze: the next thing I would do is fund my emergency 126 00:09:26,960 --> 00:09:32,140 Suze: savings account to 1 to $2000 minimum. The next I 127 00:09:32,150 --> 00:09:37,840 Suze: would do what I would multiply if it's a large inheritance, 128 00:09:38,190 --> 00:09:42,200 Suze: I would multiply my monthly expenses of what it takes 129 00:09:42,210 --> 00:09:47,359 Suze: me to live every single month. And let's say it's 130 00:09:47,369 --> 00:09:49,599 Suze: $10,000 a month. 131 00:09:50,250 --> 00:09:53,750 Suze: I would multiply that by eight and I would put 132 00:09:53,760 --> 00:10:00,118 Suze: $80,000 in a must pay savings account, that's a high 133 00:10:00,239 --> 00:10:03,348 Suze: yield account or a money market account where you could 134 00:10:03,359 --> 00:10:05,750 Suze: get at it if you needed it. 135 00:10:06,520 --> 00:10:10,270 Suze: After I did that, if there was still money left, 136 00:10:10,400 --> 00:10:14,718 Suze: I would look at my retirement accounts and if I still, 137 00:10:14,729 --> 00:10:18,700 Suze: this year could fully fund them and put money towards them, 138 00:10:18,710 --> 00:10:25,780 Suze: I would absolutely do. So. Now, once you have done that, 139 00:10:26,309 --> 00:10:30,299 Suze: if there is still money left over, 140 00:10:31,250 --> 00:10:34,119 Suze: then what I would be doing if I were you, 141 00:10:34,320 --> 00:10:37,669 Suze: I would be asking myself the question. Do I wanna 142 00:10:37,679 --> 00:10:43,130 Suze: help my Children go to college? And if so I 143 00:10:43,140 --> 00:10:46,468 Suze: might fund, if there was enough money in the inheritance 144 00:10:46,479 --> 00:10:50,909 Suze: to do so, a 529 plan for them. 145 00:10:51,880 --> 00:10:54,809 Suze: If there was still money left over, 146 00:10:55,609 --> 00:11:00,830 Suze: I would, then absolutely. If I was in my fifties, 147 00:11:01,330 --> 00:11:05,250 Suze: I would be looking into long term care insurance, making 148 00:11:05,260 --> 00:11:07,909 Suze: sure that I put enough money aside to fund that 149 00:11:07,919 --> 00:11:09,619 Suze: every single year 150 00:11:10,950 --> 00:11:14,609 Suze: I would then start to look at all. Right. I'm 151 00:11:14,619 --> 00:11:18,580 Suze: fully funding my retirement. I don't have debt. I have 152 00:11:18,590 --> 00:11:22,729 Suze: emergency savings. I have must pay savings. My kids are 153 00:11:22,739 --> 00:11:25,210 Suze: taken care of. I'm taking care of for when I 154 00:11:25,219 --> 00:11:27,250 Suze: get older with long term care. 155 00:11:28,059 --> 00:11:31,419 Suze: Right. Now, if you want to start investing in an 156 00:11:31,599 --> 00:11:37,320 Suze: investment account outside of retirement where you were buying bonds, 157 00:11:37,330 --> 00:11:41,700 Suze: short term and long term dollar cost averaging into ETFs 158 00:11:41,750 --> 00:11:47,880 Suze: or individual stocks. There you go. But that is how 159 00:11:47,890 --> 00:11:49,319 Suze: I would do it. 160 00:11:50,460 --> 00:11:55,419 Suze: One last thing is we normally assume that our inheritance 161 00:11:55,429 --> 00:12:01,840 Suze: came from our parents or an older relative who passed away. 162 00:12:02,549 --> 00:12:08,459 Suze: If our parents are still living and the inheritance came 163 00:12:08,469 --> 00:12:13,250 Suze: from a friend, somebody else and our parents are not 164 00:12:13,260 --> 00:12:18,030 Suze: doing well financially, you have got to put them in 165 00:12:18,039 --> 00:12:19,919 Suze: this equation. 166 00:12:20,340 --> 00:12:24,369 Suze: In fact, right after the debt, the emergency savings and 167 00:12:24,380 --> 00:12:28,289 Suze: the must pay savings in your own retirement accounts, your 168 00:12:28,299 --> 00:12:33,400 Suze: parents have to come before your kids. So that is 169 00:12:33,409 --> 00:12:35,738 Suze: the only caveat there. 170 00:12:36,679 --> 00:12:43,039 Suze: So that is what I would do with large inheritances 171 00:12:43,169 --> 00:12:48,659 Suze: and you can scale that down depending on your needs, 172 00:12:48,669 --> 00:12:54,059 Suze: your health considerations and things like that. Ok, 173 00:12:54,940 --> 00:12:57,549 Suze: I do want to say something. However, 174 00:12:58,799 --> 00:13:03,449 Suze: sometimes we kind of create our own inheritance. What do 175 00:13:03,460 --> 00:13:04,500 Suze: I mean by that? 176 00:13:06,020 --> 00:13:09,739 Suze: We're in a relationship, we're married, it's been a great 177 00:13:09,750 --> 00:13:10,640 Suze: relationship 178 00:13:11,309 --> 00:13:16,169 Suze: and our spouse dies and we get a life insurance policy. 179 00:13:16,520 --> 00:13:20,020 Suze: Maybe that's in effect at that point in time from 180 00:13:20,030 --> 00:13:23,989 Suze: our spouse passing or we get all the money that 181 00:13:24,000 --> 00:13:28,369 Suze: was in his or her or their retirement accounts or 182 00:13:28,380 --> 00:13:32,280 Suze: whatever it may be. So now we find ourselves in 183 00:13:32,289 --> 00:13:38,049 Suze: a situation where we're still alive that we have more 184 00:13:38,059 --> 00:13:39,718 Suze: money than we ever thought 185 00:13:40,609 --> 00:13:44,729 Suze: we own our homes outright. We have a good deal 186 00:13:44,739 --> 00:13:47,789 Suze: of money and now we're thinking, oh, 187 00:13:48,849 --> 00:13:53,069 Suze: I'm getting older. I'm in my seventies maybe. Now is 188 00:13:53,080 --> 00:13:57,189 Suze: the time that I should give my Children who are struggling, 189 00:13:57,299 --> 00:14:00,150 Suze: who are possibly in their late forties 190 00:14:00,820 --> 00:14:04,919 Suze: or even early fifties. Just depends when you had Children, 191 00:14:05,190 --> 00:14:09,358 Suze: I should give them some of this money now so 192 00:14:09,369 --> 00:14:14,789 Suze: they could use it. And I'm citing this example because 193 00:14:15,099 --> 00:14:19,520 Suze: this has happened to somebody that I've had a relationship 194 00:14:19,530 --> 00:14:21,979 Suze: with that I met through the podcast and through a 195 00:14:21,989 --> 00:14:26,239 Suze: talk that I gave and this person happens to be 196 00:14:26,250 --> 00:14:28,520 Suze: in this exact situation, 197 00:14:29,380 --> 00:14:33,799 Suze: she's going to sell her home. She has $2 million. 198 00:14:33,809 --> 00:14:36,719 Suze: She's doing great. We're gonna keep the money that she 199 00:14:36,729 --> 00:14:39,570 Suze: sold her home with to possibly buy another home for 200 00:14:39,580 --> 00:14:46,320 Suze: herself outright. But now she wants to give $150,000 to 201 00:14:46,330 --> 00:14:50,520 Suze: each of her two kids. And she wants me to 202 00:14:50,530 --> 00:14:51,909 Suze: say yes 203 00:14:53,169 --> 00:14:56,190 Suze: and I cannot say yes. 204 00:14:57,250 --> 00:15:00,080 Suze: And I just want you to hear me out if 205 00:15:00,090 --> 00:15:03,159 Suze: you happen to be in a situation like that 206 00:15:04,059 --> 00:15:06,159 Suze: as we get older, 207 00:15:07,010 --> 00:15:10,590 Suze: it becomes more and more and more expensive 208 00:15:11,349 --> 00:15:15,609 Suze: to take care of ourselves. The one question that I 209 00:15:15,619 --> 00:15:17,590 Suze: asked this person, I said, well, do you have a 210 00:15:17,599 --> 00:15:19,369 Suze: long term care insurance policy? 211 00:15:20,109 --> 00:15:23,570 Suze: And she said, no, I don't, they're just gonna eat 212 00:15:23,580 --> 00:15:26,340 Suze: up all my money. It's too expensive now. And really, 213 00:15:26,349 --> 00:15:30,250 Suze: she's only like 71 or 72. So it's not too expensive. 214 00:15:30,969 --> 00:15:34,179 Suze: I've asked her to look into that, but she still 215 00:15:34,190 --> 00:15:37,270 Suze: is like, Susie, I need you to say yes. 216 00:15:38,090 --> 00:15:41,830 Suze: The reason that I am never going to say yes 217 00:15:42,460 --> 00:15:46,109 Suze: is because as I was starting to say, listen, everybody, 218 00:15:46,890 --> 00:15:50,330 Suze: as we all get older, I'm getting older, many of 219 00:15:50,340 --> 00:15:51,510 Suze: us are getting older. 220 00:15:52,570 --> 00:15:54,919 Suze: Things tend to go wrong 221 00:15:55,630 --> 00:16:00,169 Suze: and it becomes more and more expensive to live. 222 00:16:01,200 --> 00:16:04,020 Suze: We never know. Is the stock market gonna crash? Is 223 00:16:04,030 --> 00:16:08,099 Suze: the bond market gonna crash? What is really going to happen? 224 00:16:08,960 --> 00:16:13,880 Suze: So it is essential that while you are alive, especially 225 00:16:13,890 --> 00:16:17,010 Suze: if there's just one of you left. Now, 226 00:16:17,909 --> 00:16:23,289 Suze: it's you and you are responsible for your own being, 227 00:16:24,140 --> 00:16:27,859 Suze: then you have to make sure that you keep, unless 228 00:16:27,869 --> 00:16:31,469 Suze: we're talking about that you have 20, 30 $40 million but 229 00:16:31,479 --> 00:16:37,799 Suze: $2 million is not enough to be giving away more 230 00:16:37,809 --> 00:16:40,799 Suze: than 10% of it. It just isn't 231 00:16:41,950 --> 00:16:45,140 Suze: and I'm not even sure it would do her kids 232 00:16:45,150 --> 00:16:48,340 Suze: any good at this point in time because one of 233 00:16:48,349 --> 00:16:52,099 Suze: them in particular may waste it. They're not very good 234 00:16:52,109 --> 00:16:55,280 Suze: with money and there we go again and now she's 235 00:16:55,289 --> 00:16:57,289 Suze: going to find herself in a situation that is her 236 00:16:57,299 --> 00:17:01,309 Suze: kids are getting older. Her kids may need money more 237 00:17:01,320 --> 00:17:03,140 Suze: than her just wanting to give it to them. 238 00:17:03,799 --> 00:17:07,939 Suze: So I'm asking all of you who are in that 239 00:17:07,949 --> 00:17:14,209 Suze: range and you're thinking about it, please keep it for yourselves, 240 00:17:14,630 --> 00:17:19,410 Suze: your kids as they get older. They're in their seventies, 241 00:17:19,420 --> 00:17:23,099 Suze: they're possibly in their eighties. They're going to need it 242 00:17:23,109 --> 00:17:25,939 Suze: as much as you probably will need it when you 243 00:17:25,949 --> 00:17:28,419 Suze: get that age as well. 244 00:17:29,609 --> 00:17:34,349 Suze: So I'm asking all of you to just think about 245 00:17:34,640 --> 00:17:39,089 Suze: that when it comes to not what to do with 246 00:17:39,099 --> 00:17:42,530 Suze: an inheritance, but what to do with. When you sell 247 00:17:42,540 --> 00:17:45,760 Suze: your home, you get a lump sum, you've hit it 248 00:17:45,770 --> 00:17:48,579 Suze: big in the stock market, you got a stock buy 249 00:17:48,589 --> 00:17:54,510 Suze: out whatever it may be, please be careful about being 250 00:17:54,520 --> 00:17:57,270 Suze: overly generous to your Children. 251 00:17:58,150 --> 00:18:03,079 Suze: The greatest gift your Children can give to themselves is 252 00:18:03,089 --> 00:18:07,530 Suze: the gift of self independence. The gift of self knowledge 253 00:18:07,540 --> 00:18:10,208 Suze: of knowing that they can make it on their own. 254 00:18:11,180 --> 00:18:15,699 Suze: The gift of feeling independent and not dependent on their 255 00:18:15,709 --> 00:18:19,839 Suze: parents when they're 60 or 70 years of age or 256 00:18:19,849 --> 00:18:21,900 Suze: any age for that matter. 257 00:18:23,050 --> 00:18:29,810 Suze: So sometimes helping is hurting, sometimes hurting is helping. But 258 00:18:29,819 --> 00:18:33,300 Suze: my job is to make sure that every one of you, 259 00:18:33,310 --> 00:18:35,949 Suze: especially as you get older, 260 00:18:36,680 --> 00:18:41,010 Suze: that you are safe, you are secure and that you 261 00:18:41,020 --> 00:18:45,739 Suze: are strong and that is the sole purpose of the 262 00:18:45,750 --> 00:18:50,739 Suze: Women and Money podcast. So until Thursday, when Miss Travis 263 00:18:50,750 --> 00:18:54,379 Suze: will join us again with an Ask KT and Suze anything. 264 00:18:54,670 --> 00:18:57,030 Suze: There's only one thing that I want you to say 265 00:18:57,040 --> 00:19:00,939 Suze: every single day and it is this 266 00:19:01,489 --> 00:19:06,800 Suze: today wherever I go, I will create a more peaceful, 267 00:19:06,810 --> 00:19:11,030 Suze: joyful and loving world. And if you do that, I 268 00:19:11,040 --> 00:19:17,589 Suze: promise you you will be unstoppable. See you Thursday, everybody. 269 00:19:17,640 --> 00:19:18,510 Suze: Bye bye.