1 00:00:00,519 --> 00:00:00,939 Music: Music In. 2 00:00:29,370 --> 00:00:36,759 Suze: May 7th 2023 welcome everybody to Suze School. But I 3 00:00:36,770 --> 00:00:43,180 Suze: have an announcement for Suze School, which is Suze decided 4 00:00:43,189 --> 00:00:49,369 Suze: to go to Suze School. So starting last Monday, all 5 00:00:49,380 --> 00:00:54,599 Suze: last week and it will go until Wednesday of next week. 6 00:00:54,610 --> 00:00:56,220 Suze: This coming week, actually. 7 00:00:56,610 --> 00:01:02,099 Suze: I have gone to school and I am learning from 8 00:01:02,110 --> 00:01:09,440 Suze: the brightest, most intelligent, most successful finance people in the 9 00:01:09,449 --> 00:01:14,300 Suze: world about every single aspect of the economy 10 00:01:14,919 --> 00:01:18,730 Suze: because there's no way that I can continue to educate you, 11 00:01:19,389 --> 00:01:25,690 Suze: answer your questions correctly. If in fact, I feel like 12 00:01:25,699 --> 00:01:29,870 Suze: I don't know everything that I need to know to 13 00:01:29,879 --> 00:01:33,349 Suze: be able to do so. And we live in incredibly 14 00:01:33,360 --> 00:01:36,589 Suze: complicated times right now. But the truth of the matter 15 00:01:36,599 --> 00:01:41,500 Suze: is we've always lived in complicated times and we've always 16 00:01:41,510 --> 00:01:47,120 Suze: found a solution financially speaking to what has been going on 17 00:01:47,169 --> 00:01:48,720 Suze: and we will do so 18 00:01:49,139 --> 00:01:52,970 Suze: this time as well. But to find that solution and 19 00:01:52,980 --> 00:01:56,209 Suze: should we do this, should we do that? It's important, 20 00:01:56,220 --> 00:02:01,709 Suze: at least for somebody like me to hear the ideas 21 00:02:01,720 --> 00:02:07,150 Suze: and the concepts that the brightest economists in the world 22 00:02:07,709 --> 00:02:12,138 Suze: are offering. So I am not going to really be 23 00:02:12,149 --> 00:02:16,038 Suze: here today. Now, what's going to happen, however, is Robert, 24 00:02:16,240 --> 00:02:20,750 Suze: it is up to you to choose which episode that 25 00:02:20,758 --> 00:02:24,559 Suze: you want to play for everybody to listen to. 26 00:02:24,645 --> 00:02:29,175 Suze: So until Thursday, when you will be able to hear, 27 00:02:29,184 --> 00:02:35,413 Suze: Ask KT and Suze Anything... Robert take it away. 28 00:02:35,425 --> 00:02:37,964 Robert: Thank you very much, Suze. Hi, everyone. We're gonna go 29 00:02:37,975 --> 00:02:42,964 Robert: back right now to March of 2019 for some highlights 30 00:02:42,975 --> 00:02:48,085 Robert: from an episode called The Six Most Valuable Words in Life. 31 00:02:48,095 --> 00:02:48,734 Robert: Enjoy 32 00:02:51,529 --> 00:02:54,520 Suze: As I've been going through all the emails and I've 33 00:02:54,529 --> 00:02:59,080 Suze: been going through a lot of emails, I've noticed that 34 00:03:00,008 --> 00:03:04,699 Suze: you sometimes have a problem of being able to tell 35 00:03:04,710 --> 00:03:08,500 Suze: those that are closest to you what is on your mind. 36 00:03:09,320 --> 00:03:12,710 Suze: And it eats at you and it eats at you 37 00:03:12,720 --> 00:03:17,500 Suze: and it prevents you from being a strong, smart and 38 00:03:17,508 --> 00:03:18,570 Suze: secure woman. 39 00:03:19,429 --> 00:03:24,000 Suze: And it's really important that when you think something that 40 00:03:24,008 --> 00:03:28,800 Suze: you're able to say it, even if you've done something wrong, 41 00:03:28,809 --> 00:03:32,259 Suze: it is really important for you to admit that you 42 00:03:32,270 --> 00:03:36,419 Suze: made a mistake because sometimes it's you, it's not others, 43 00:03:36,429 --> 00:03:41,389 Suze: it's you. And then I started to realize that you 44 00:03:41,399 --> 00:03:44,160 Suze: tell me so much personal stuff about you 45 00:03:44,669 --> 00:03:47,520 Suze: and what you're going through and what you're thinking and 46 00:03:47,529 --> 00:03:49,839 Suze: you become so vulnerable with me. 47 00:03:50,830 --> 00:03:56,320 Suze: And I also want to become vulnerable with you because 48 00:03:56,380 --> 00:04:00,100 Suze: I am you in many ways. And I know you 49 00:04:00,110 --> 00:04:02,479 Suze: look at me and you think I'm this strong woman 50 00:04:02,490 --> 00:04:06,940 Suze: and this powerful woman. But even I make mistakes and 51 00:04:06,949 --> 00:04:12,320 Suze: it's through our mistakes that we make, that I make 52 00:04:12,330 --> 00:04:16,540 Suze: that I grow to be even a stronger woman. 53 00:04:17,588 --> 00:04:21,049 Suze: And in life, if I were to think about the 54 00:04:21,058 --> 00:04:26,479 Suze: six most powerful words that I could ever say 55 00:04:27,670 --> 00:04:34,730 Suze: they would be these words, I admit that I was wrong. 56 00:04:35,940 --> 00:04:39,549 Suze: So many times, we hold on to our opinion, we 57 00:04:39,559 --> 00:04:43,750 Suze: defend what we've done. We just refuse to acknowledge that 58 00:04:43,760 --> 00:04:49,929 Suze: maybe just, maybe we made a mistake and just simply saying, 59 00:04:50,079 --> 00:04:53,178 Suze: I admit that I was wrong. I'm sorry, I admit 60 00:04:53,190 --> 00:04:54,190 Suze: that I was wrong. 61 00:04:55,220 --> 00:05:01,190 Suze: So today's podcast is about the six most important words 62 00:05:01,200 --> 00:05:05,929 Suze: you can ever say, which happens to be: I admit 63 00:05:06,149 --> 00:05:08,670 Suze: that I was wrong. 64 00:05:10,070 --> 00:05:12,190 Suze: It was one week ago yesterday 65 00:05:13,010 --> 00:05:16,760 Suze: and I went to an art opening that was a 66 00:05:16,769 --> 00:05:21,299 Suze: benefit for an organization, a nonprofit in South Florida. 67 00:05:21,880 --> 00:05:28,880 Suze: And this organization deals with children of foster care, teaching 68 00:05:28,890 --> 00:05:34,140 Suze: them how to be strong, loving them, being there for them. 69 00:05:34,149 --> 00:05:38,419 Suze: And my sister in law who is an extraordinary artist. 70 00:05:38,428 --> 00:05:42,190 Suze: In fact, for 25 years now, or something like that, 71 00:05:42,329 --> 00:05:46,349 Suze: she has been teaching people, mainly women how to paint 72 00:05:47,079 --> 00:05:50,549 Suze: and how to envision their lives as being an artist 73 00:05:50,559 --> 00:05:53,070 Suze: when they thought they never even could draw a straight line, 74 00:05:53,079 --> 00:05:58,409 Suze: let alone paint and to find your own power in painting. 75 00:05:59,329 --> 00:06:02,950 Suze: And Lynn, by the goodness of her heart started to 76 00:06:02,959 --> 00:06:07,700 Suze: teach these kids one at a time, maybe three would come, 77 00:06:07,709 --> 00:06:12,229 Suze: six would come but would teach these kids how to paint. 78 00:06:12,260 --> 00:06:15,320 Suze: Many of them never had held a brush before. Many 79 00:06:15,329 --> 00:06:18,899 Suze: of them had never done anything like that before. And 80 00:06:19,339 --> 00:06:23,969 Suze: last year when she did this, they all exhibited their 81 00:06:23,980 --> 00:06:28,329 Suze: artwork and it was fabulous and I was there and 82 00:06:28,339 --> 00:06:31,809 Suze: the kids sold their artwork and, and money was raised 83 00:06:31,820 --> 00:06:34,700 Suze: and I got up and I spoke and I have 84 00:06:34,709 --> 00:06:36,109 Suze: to admit I was so eloquent, 85 00:06:36,678 --> 00:06:39,539 Suze: I gave the kids hope or I wanted to, at 86 00:06:39,549 --> 00:06:44,170 Suze: least as to that your past doesn't determine your future. 87 00:06:44,178 --> 00:06:46,380 Suze: And I talked to them about my past and how 88 00:06:46,390 --> 00:06:50,290 Suze: it didn't matter where I came from... what I was, 89 00:06:50,299 --> 00:06:53,500 Suze: all that matters is where I am going and what 90 00:06:53,510 --> 00:06:56,988 Suze: I wanted to be. So I was into this organization 91 00:06:57,869 --> 00:07:02,790 Suze: and this year we go, all these people had come 92 00:07:02,799 --> 00:07:06,480 Suze: to not only see the kids' artwork, but to see 93 00:07:06,488 --> 00:07:10,359 Suze: Lynn's artwork as well. There were like 135 pieces, if 94 00:07:10,369 --> 00:07:14,980 Suze: somebody purchased it, proceeds would go to her program. And 95 00:07:15,320 --> 00:07:19,540 Suze: I was watching and I was there and it started 96 00:07:19,549 --> 00:07:20,640 Suze: at six o'clock 97 00:07:21,290 --> 00:07:25,670 Suze: and now it's 6:30 now it's seven now it's 7:15... 98 00:07:26,190 --> 00:07:28,899 Suze: It's starting to end. I see people are leaving and 99 00:07:28,910 --> 00:07:30,260 Suze: I'm getting anxious. 100 00:07:31,109 --> 00:07:35,119 Suze: You gotta start this, you gotta do this. Now, come on, 101 00:07:35,130 --> 00:07:38,660 Suze: get up there, show the kids artwork. Tell everybody to 102 00:07:38,670 --> 00:07:42,299 Suze: buy the paintings so that the money can help the kids. 103 00:07:42,309 --> 00:07:45,119 Suze: And I was watching people leave and I was getting 104 00:07:45,130 --> 00:07:48,760 Suze: so anxious about it because I was so passionate about this. 105 00:07:49,260 --> 00:07:51,920 Suze: Sometimes passion isn't a good thing. 106 00:07:53,029 --> 00:07:53,679 Suze: And 107 00:07:54,320 --> 00:07:57,820 Suze: the two women who run the program spoke, 108 00:07:58,660 --> 00:08:01,630 Suze: but in my opinion, it was like, no, no, tell 109 00:08:01,640 --> 00:08:05,709 Suze: everybody more, tell everybody why they had to participate in this. 110 00:08:05,980 --> 00:08:08,290 Suze: But that wasn't their way. They did it the way 111 00:08:08,299 --> 00:08:10,980 Suze: they wanted to do it. Not how Suzie Ormn thought 112 00:08:10,989 --> 00:08:13,829 Suze: they should do it. And then Lynn spoke 113 00:08:14,239 --> 00:08:16,850 Suze: and spoke about the kids and it was so eloquent, 114 00:08:16,859 --> 00:08:20,760 Suze: it was so fabulous, but still I wanted somebody up 115 00:08:20,769 --> 00:08:24,519 Suze: there simply to say, come on, come on, we can 116 00:08:24,529 --> 00:08:27,309 Suze: all do this. We can all give money to this organization. 117 00:08:27,320 --> 00:08:31,329 Suze: We can do it by buying artwork by doing whatever donating. 118 00:08:31,480 --> 00:08:34,770 Suze: But nobody came out right and said that. 119 00:08:36,200 --> 00:08:41,848 Suze: And again, my passion was growing. Plus anger, I have 120 00:08:41,859 --> 00:08:44,709 Suze: to know a little anger because I wanted them to 121 00:08:44,719 --> 00:08:45,650 Suze: say that 122 00:08:46,349 --> 00:08:48,039 Suze: and then it was over 123 00:08:48,700 --> 00:08:51,979 Suze: and I knew I could feel that they wanted me 124 00:08:51,989 --> 00:08:55,429 Suze: the money lady to go up there and say something. 125 00:08:56,570 --> 00:08:59,440 Suze: And that's when I made probably one of the biggest 126 00:08:59,450 --> 00:09:01,859 Suze: mistakes I've made in a long time 127 00:09:02,690 --> 00:09:05,919 Suze: because when I went up there, I had so much 128 00:09:05,929 --> 00:09:09,900 Suze: passion and like I said, anger, I didn't present in 129 00:09:09,909 --> 00:09:10,780 Suze: the right way 130 00:09:11,799 --> 00:09:16,289 Suze: I presented in a way and said things that, that 131 00:09:16,299 --> 00:09:18,599 Suze: just didn't come across the way that it should have 132 00:09:18,609 --> 00:09:19,700 Suze: come across. 133 00:09:20,739 --> 00:09:23,390 Suze: And I could tell that that had happened and I 134 00:09:23,400 --> 00:09:28,169 Suze: could tell that I hurt Lynn, my sister-in-law a lot 135 00:09:28,780 --> 00:09:32,309 Suze: because nobody said anything. I could just see that for 136 00:09:32,320 --> 00:09:35,049 Suze: that moment. I was so inappropriate 137 00:09:35,799 --> 00:09:39,409 Suze: and it was over and we went home. All right. 138 00:09:40,000 --> 00:09:42,590 Suze: And now it's bugging me in a way that I 139 00:09:42,599 --> 00:09:47,330 Suze: haven't been bugged about something in a long, long time. 140 00:09:48,559 --> 00:09:52,089 Suze: And I'm sitting with it and I'm like, I need 141 00:09:52,099 --> 00:09:53,150 Suze: to say something. 142 00:09:53,799 --> 00:09:57,510 Suze: I need to call Lynn. I need to write Lynn, 143 00:09:57,520 --> 00:09:59,330 Suze: but I need to say I'm sorry to the kids. 144 00:09:59,340 --> 00:10:01,150 Suze: I wish I could say I was sorry to everybody 145 00:10:01,159 --> 00:10:03,900 Suze: who came and maybe nobody even noticed it. Maybe it 146 00:10:03,909 --> 00:10:06,710 Suze: was just in how I perceived it, but it was 147 00:10:06,719 --> 00:10:08,729 Suze: making me crazy. 148 00:10:09,820 --> 00:10:13,650 Suze: But even Suze Orman, I was afraid to say something. 149 00:10:13,869 --> 00:10:17,829 Suze: I didn't know what to say. I didn't know how 150 00:10:17,840 --> 00:10:22,390 Suze: to express how sorry I was about being so wrong. 151 00:10:23,440 --> 00:10:25,200 Suze: And then just yesterday, 152 00:10:25,979 --> 00:10:29,239 Suze: it took me one week from the day of the 153 00:10:29,250 --> 00:10:29,969 Suze: event 154 00:10:30,700 --> 00:10:32,750 Suze: to write Lynn an email 155 00:10:33,739 --> 00:10:37,738 Suze: not justifying my actions because you know, when you justify something, 156 00:10:37,750 --> 00:10:42,349 Suze: who cares if you did something wrong, just admit that 157 00:10:42,359 --> 00:10:45,270 Suze: you did something wrong. And of course, I said I 158 00:10:45,280 --> 00:10:49,299 Suze: was sorry, but I also told her that I admitted 159 00:10:49,309 --> 00:10:50,669 Suze: that I was wrong. 160 00:10:51,760 --> 00:10:54,169 Suze: And I said that from my heart. 161 00:10:54,950 --> 00:10:57,119 Suze: And then for the first time 162 00:10:57,890 --> 00:11:02,090 Suze: in over a week, Lynn who always writes me, wrote 163 00:11:02,099 --> 00:11:05,109 Suze: me back and says, thank you so much for saying this. 164 00:11:05,119 --> 00:11:08,789 Suze: We'll talk about it tomorrow. Just know I love you. 165 00:11:10,130 --> 00:11:13,439 Suze: Just know I love you. I stared at that email 166 00:11:13,450 --> 00:11:15,699 Suze: and I said, wow, great. 167 00:11:16,750 --> 00:11:20,760 Suze: But then the next emotion came up and that emotion was, 168 00:11:20,770 --> 00:11:24,598 Suze: oh my God, Lynn's gonna come over today. She's gonna 169 00:11:24,609 --> 00:11:27,450 Suze: come over today right after I'm recording this. And what 170 00:11:27,460 --> 00:11:30,439 Suze: am I gonna say to her? And she's gonna talk 171 00:11:30,450 --> 00:11:31,039 Suze: to me? 172 00:11:31,659 --> 00:11:37,119 Suze: And that fear is still in me. Now, what does 173 00:11:37,130 --> 00:11:42,949 Suze: all of this have to do with women and money? 174 00:11:44,030 --> 00:11:46,640 Suze: Obviously, the event was to raise money 175 00:11:47,520 --> 00:11:48,968 Suze: for the past week, 176 00:11:49,789 --> 00:11:52,820 Suze: the fact that I wasn't able to talk about this 177 00:11:52,830 --> 00:11:55,400 Suze: and I still have this fear and I still feel 178 00:11:55,409 --> 00:11:56,619 Suze: bad about it. 179 00:11:57,219 --> 00:11:59,960 Suze: And I know after I talk to Lynn, I won't 180 00:11:59,969 --> 00:12:01,140 Suze: feel bad anymore, 181 00:12:02,080 --> 00:12:04,609 Suze: but it's almost paralyzed me. 182 00:12:05,469 --> 00:12:09,559 Suze: It's paralyzed me. I haven't been happy. I haven't felt strong. 183 00:12:09,570 --> 00:12:12,570 Suze: I haven't felt secure. I haven't taken the actions that 184 00:12:12,580 --> 00:12:14,580 Suze: Suze Orman normally takes. 185 00:12:15,369 --> 00:12:17,409 Suze: And yes, even though I have to go and I 186 00:12:17,419 --> 00:12:19,108 Suze: have to give this talk and I can do this 187 00:12:19,119 --> 00:12:24,098 Suze: inside of me inside of me. I feel less than 188 00:12:24,380 --> 00:12:28,939 Suze: something happened to my self-worth just because I made that 189 00:12:28,950 --> 00:12:34,109 Suze: little mistake. Now, obviously that self-worth will come back, I 190 00:12:34,119 --> 00:12:36,909 Suze: will overcome this. Trust me. It's not that big of 191 00:12:36,919 --> 00:12:40,929 Suze: a deal. But do you all understand what my mind 192 00:12:40,940 --> 00:12:43,440 Suze: has done to what I did? 193 00:12:43,849 --> 00:12:46,270 Suze: And again, aren't sure if we talked to the people 194 00:12:46,280 --> 00:12:48,598 Suze: that were there, they would look at me and go. Huh? 195 00:12:48,609 --> 00:12:51,299 Suze: Oh Yeah. It was a little awkward what you said, Suze. 196 00:12:51,309 --> 00:12:54,479 Suze: But they went on, they're not thinking about it anymore. 197 00:12:54,599 --> 00:12:56,989 Suze: They don't, they're not dwelling in it. I'm the one 198 00:12:57,000 --> 00:12:58,080 Suze: who's dwelling in it 199 00:12:59,049 --> 00:13:02,260 Suze: and because I'm dwelling in it, it's keeping me from 200 00:13:02,270 --> 00:13:05,858 Suze: being a powerful woman that I was born to be. 201 00:13:05,869 --> 00:13:09,659 Suze: What are you dwelling in? What are you thinking about? 202 00:13:09,669 --> 00:13:14,309 Suze: What are you? You know, just obsessing about that. Maybe 203 00:13:14,320 --> 00:13:17,559 Suze: nobody else is thinking about, are you thinking that others 204 00:13:17,570 --> 00:13:20,659 Suze: are thinking something about you and that's rendering you powerless? 205 00:13:20,669 --> 00:13:23,289 Suze: Do you need to say something to somebody and you're 206 00:13:23,299 --> 00:13:24,679 Suze: just afraid to do it 207 00:13:25,140 --> 00:13:28,330 Suze: just because you were wrong and it means so much 208 00:13:28,340 --> 00:13:30,710 Suze: to you and, and you don't know what to do. 209 00:13:31,229 --> 00:13:36,409 Suze: So I wanted this podcast to be about you, about 210 00:13:36,419 --> 00:13:37,030 Suze: me 211 00:13:37,799 --> 00:13:42,289 Suze: about saying what's on our mind and not being afraid 212 00:13:42,299 --> 00:13:44,890 Suze: and being able to say, I admit that I was 213 00:13:44,900 --> 00:13:45,608 Suze: wrong 214 00:13:46,309 --> 00:13:48,750 Suze: and boy, do I know that I was wrong? 215 00:13:49,520 --> 00:13:54,190 Suze: But after you say it, eventually you will recover from it. 216 00:13:54,200 --> 00:13:59,090 Suze: If you take the correct actions and if you take 217 00:13:59,099 --> 00:14:04,789 Suze: the correct actions, just make sure those actions start with 218 00:14:04,799 --> 00:14:09,530 Suze: the six most valuable words in life, which are I 219 00:14:09,539 --> 00:14:13,520 Suze: admit that I was wrong. 220 00:14:18,349 --> 00:14:19,659 Music: Music Out.