1 00:00:09,199 --> 00:00:12,960 Robert: July 16th, 2026. Welcome to the Women and Money podcast 2 00:00:12,960 --> 00:00:17,069 Robert: as well as everyone smart enough to listen. Hi, everybody, Robert, 3 00:00:17,120 --> 00:00:21,000 Robert: the producer here. Hope you're staying cool and safe. For 4 00:00:21,000 --> 00:00:24,239 Robert: today's classic Suze School, we are reaching way back to 5 00:00:24,239 --> 00:00:28,139 Robert: the very first year of the podcast from June of 2019. 6 00:00:28,399 --> 00:00:31,040 Robert: I want you to keep that in mind, and Suze 7 00:00:31,040 --> 00:00:32,519 Robert: will mention the month and the year in the middle of the show. 8 00:00:33,735 --> 00:00:37,144 Robert: This was before we added, and everyone's smart enough to 9 00:00:37,145 --> 00:00:39,625 Robert: listen to the title of the show, and this was 10 00:00:39,625 --> 00:00:44,264 Robert: also before KT started being your avatar and reading your 11 00:00:44,264 --> 00:00:47,424 Robert: emails to Suze. So you'll hear Suze mention the original 12 00:00:47,424 --> 00:00:49,224 Robert: title of the Thursday episodes. 13 00:00:49,909 --> 00:00:54,400 Robert: The lesson is what's important, so please enjoy this classic 14 00:00:54,400 --> 00:00:58,200 Robert: Suze School called Don't Make This Mistake. 15 00:01:02,759 --> 00:01:06,800 Suze: So today I want to talk about finances with you. 16 00:01:07,160 --> 00:01:09,680 Suze: And the reason I want to do this is I 17 00:01:09,680 --> 00:01:14,160 Suze: am pissed. I am pissed at the number of emails 18 00:01:14,160 --> 00:01:21,239 Suze: that I am getting from teachers and nurses, two groups 19 00:01:21,239 --> 00:01:22,300 Suze: of women. 20 00:01:22,949 --> 00:01:25,989 Suze: Mainly women, and I understand there are men in this 21 00:01:25,989 --> 00:01:28,750 Suze: group as well, but the emails are all from women, 22 00:01:28,870 --> 00:01:31,069 Suze: so I'm going to address women on the Women in 23 00:01:31,069 --> 00:01:37,250 Suze: Money podcast that are talking about you are being suckered 24 00:01:37,389 --> 00:01:42,410 Suze: into investing your money in life insurance policies, 25 00:01:43,000 --> 00:01:47,559 Suze: for you to save for your future. How many times 26 00:01:47,559 --> 00:01:50,400 Suze: do I have to tell you that life insurance is 27 00:01:50,400 --> 00:01:55,059 Suze: life insurance, investments are investments, and they never, ever, ever 28 00:01:55,239 --> 00:01:57,760 Suze: should be combined? It's one thing, 29 00:01:57,875 --> 00:02:01,474 Suze: when you're getting a life insurance policy or an annuity 30 00:02:01,474 --> 00:02:04,815 Suze: or something like that, that's giving you lifetime income, and 31 00:02:05,035 --> 00:02:08,154 Suze: that gives you security, there are places for that in 32 00:02:08,154 --> 00:02:12,815 Suze: your life. But there are no places in your financial life, 33 00:02:13,449 --> 00:02:18,529 Suze: for you to purchase an insurance policy where you invest 34 00:02:18,529 --> 00:02:22,600 Suze: in this policy to get tax-free income later on in life, 35 00:02:22,809 --> 00:02:26,949 Suze: to get growth, and to replace retirement savings for you. 36 00:02:27,520 --> 00:02:31,449 Suze: It is driving me crazy. I don't like getting the 37 00:02:31,449 --> 00:02:36,050 Suze: emails that I am currently getting, which tells me so 38 00:02:36,050 --> 00:02:40,948 Suze: much about the bad financial advice that happens to be 39 00:02:40,949 --> 00:02:41,809 Suze: out there. 40 00:02:42,758 --> 00:02:46,520 Suze: Now I get that people love to make a target 41 00:02:46,520 --> 00:02:48,339 Suze: out of me. I get that. 42 00:02:49,110 --> 00:02:52,389 Suze: I get that sometimes magazine articles can be written about 43 00:02:52,389 --> 00:02:55,580 Suze: me and just say, what does Suze Orman know? Well, 44 00:02:55,660 --> 00:02:56,690 Suze: here's what I know. 45 00:02:57,419 --> 00:03:01,179 Suze: I know that I care about you. I know that 46 00:03:01,179 --> 00:03:08,460 Suze: there isn't one other financial expert at my stature that 47 00:03:08,460 --> 00:03:13,119 Suze: takes their personal time to answer your emails. 48 00:03:15,250 --> 00:03:18,809 Suze: I know that most of the money podcasts that are out 49 00:03:18,809 --> 00:03:22,770 Suze: there are out there for what? For getting your money 50 00:03:22,770 --> 00:03:25,288 Suze: so they can make you their client, they're talking to 51 00:03:25,288 --> 00:03:27,809 Suze: you about this, they're talking to you about that. But 52 00:03:27,809 --> 00:03:29,929 Suze: most of them are not talking to you about the 53 00:03:29,929 --> 00:03:32,440 Suze: fact that you don't have any money. All you have 54 00:03:32,440 --> 00:03:34,960 Suze: is credit card debt. You've been in a relationship for 55 00:03:34,960 --> 00:03:37,320 Suze: 30 years and now that relationship is down the drain, 56 00:03:37,330 --> 00:03:40,770 Suze: and how do you start over without absolutely nothing? 57 00:03:41,889 --> 00:03:46,529 Suze: Now, this is a one of a kind podcast. This 58 00:03:46,529 --> 00:03:52,850 Suze: is a valuable podcast because in this podcast, you and 59 00:03:52,850 --> 00:03:57,470 Suze: I talk about the things that most other podcasts don't 60 00:03:57,470 --> 00:04:02,029 Suze: even go near. Most other magazine articles don't even go near. 61 00:04:02,250 --> 00:04:07,089 Suze: It's about you, your money, what your money reflects in 62 00:04:07,089 --> 00:04:11,589 Suze: your life, how you never fix a financial problem with money. 63 00:04:11,919 --> 00:04:16,000 Suze: And the gift of understanding who you are and becoming 64 00:04:16,000 --> 00:04:18,239 Suze: the strong, smart, and secure women I all want you 65 00:04:18,238 --> 00:04:18,700 Suze: to be. 66 00:04:19,510 --> 00:04:24,010 Suze: That gift can turn your life into solid gold. 67 00:04:24,890 --> 00:04:28,890 Suze: But that can't happen if our teachers and our nurses 68 00:04:29,089 --> 00:04:32,570 Suze: are all being taken advantage of. Now, here's what I'm 69 00:04:32,570 --> 00:04:37,649 Suze: gonna do today. Two people have written me, and here's 70 00:04:37,649 --> 00:04:41,429 Suze: the first email. It's from Denise. She says, Hi, Suze, 71 00:04:42,019 --> 00:04:44,859 Suze: This product was sold to me as a savings account 72 00:04:44,859 --> 00:04:49,519 Suze: for nurses. It is actually a whole life insurance policy. 73 00:04:49,779 --> 00:04:54,000 Suze: I bought it as a new grad nurse in 1992. 74 00:04:54,299 --> 00:04:59,940 Suze: It is $75 a month. What do I do with it? 75 00:05:01,230 --> 00:05:07,200 Suze: The reason that I chose Denise's email and question to 76 00:05:07,200 --> 00:05:10,279 Suze: read to all of you, even though I know this 77 00:05:10,279 --> 00:05:14,309 Suze: isn't Ask Suze, this is about Suze's pissed off about 78 00:05:14,309 --> 00:05:16,920 Suze: something today, and I want us all to go to 79 00:05:16,920 --> 00:05:17,618 Suze: Suze School. 80 00:05:18,709 --> 00:05:23,059 Suze: I'm reading this to you because this is what will 81 00:05:23,059 --> 00:05:27,029 Suze: happen to you 27 years from now, because that is 82 00:05:27,029 --> 00:05:30,789 Suze: how long Denise has been paying for this. This is 83 00:05:30,790 --> 00:05:35,029 Suze: what will happen to you if you don't understand right 84 00:05:35,029 --> 00:05:41,730 Suze: here and right now why whole life insurance is not 85 00:05:41,820 --> 00:05:45,470 Suze: an investment that you want to touch on any level. 86 00:05:46,779 --> 00:05:50,779 Suze: Denise sent to me all of her illustrations that she 87 00:05:50,779 --> 00:05:54,678 Suze: was given when she purchased this, and if you look 88 00:05:54,899 --> 00:05:57,660 Suze: at the illustration that she was given. 89 00:05:58,640 --> 00:06:01,079 Suze: You would see, and I want you to learn from 90 00:06:01,079 --> 00:06:06,140 Suze: this now, you would see that there's a guaranteed cash value, 91 00:06:06,359 --> 00:06:09,959 Suze: a guaranteed death benefit on the illustration. 92 00:06:10,709 --> 00:06:16,109 Suze: And there's also a projected cash value illustration and a 93 00:06:16,109 --> 00:06:17,950 Suze: projected death benefit. 94 00:06:18,959 --> 00:06:25,480 Suze: Her projected illustration showed her that after 27 years of 95 00:06:25,480 --> 00:06:32,279 Suze: putting in $75 a month, that she would have $52,000 96 00:06:32,279 --> 00:06:34,799 Suze: of cash value for her to take out. 97 00:06:35,690 --> 00:06:40,058 Suze: Fabulous when you look at it. She also looked, I'm sure, 98 00:06:40,178 --> 00:06:46,839 Suze: at the projected death benefit of this illustration, which was $200,000. 99 00:06:47,988 --> 00:06:55,320 Suze: After we communicated for a bit, Denise actually contacted this company, 100 00:06:55,660 --> 00:06:59,779 Suze: and here's what she found out. She found out that 101 00:07:00,059 --> 00:07:05,959 Suze: she put in $24,300 over 27 years. 102 00:07:07,309 --> 00:07:11,559 Suze: And if she was going to cash out that policy today, oh, no, no, 103 00:07:11,709 --> 00:07:21,829 Suze: she would not be getting $52,000. She would be getting $28,399. 104 00:07:22,070 --> 00:07:30,660 Suze: In 27 years, she made $4,000. You, you think you 105 00:07:30,660 --> 00:07:33,350 Suze: could retire on that, that kind of returns? You really 106 00:07:33,350 --> 00:07:34,029 Suze: think so? 107 00:07:34,529 --> 00:07:40,750 Suze: And the death benefit was only $136,000. 108 00:07:41,820 --> 00:07:48,220 Suze: Now the question is, what could Denise have done if 109 00:07:48,220 --> 00:07:52,220 Suze: she simply had gotten great financial advice? 110 00:07:52,739 --> 00:07:58,899 Suze: So pretend now that you are Denise, that somebody is 111 00:07:58,899 --> 00:08:03,089 Suze: trying to sell you a whole life insurance policy, that 112 00:08:03,089 --> 00:08:05,739 Suze: you are a nurse, you are a teacher, you are 113 00:08:05,739 --> 00:08:08,940 Suze: anybody out there, and they're telling you what a fabulous 114 00:08:08,940 --> 00:08:13,660 Suze: investment this is, and they're showing you the projected illustrations 115 00:08:13,660 --> 00:08:15,160 Suze: of what it's going to be worth. 116 00:08:15,989 --> 00:08:21,429 Suze: You need to disregard what they are projecting and look 117 00:08:21,429 --> 00:08:26,769 Suze: at the guaranteed cash values and the guaranteed death benefit, 118 00:08:27,019 --> 00:08:30,690 Suze: and if those numbers impress you, fine, but they won't, 119 00:08:31,149 --> 00:08:31,829 Suze: they won't. 120 00:08:32,549 --> 00:08:34,929 Suze: Because all of that money is going to pay what 121 00:08:35,150 --> 00:08:39,750 Suze: for the insurance agent's commission, for the insurance company, for 122 00:08:39,750 --> 00:08:42,570 Suze: everybody else to make money off of you than you. 123 00:08:43,109 --> 00:08:48,109 Suze: Do you know that if Denise simply had taken $75 124 00:08:48,109 --> 00:08:51,770 Suze: a month and invested it month in and month out 125 00:08:51,969 --> 00:08:56,190 Suze: for 27 years in a good no load Standard and 126 00:08:56,190 --> 00:08:59,090 Suze: Poor's $500 index fund like a Vanguard fund, 127 00:08:59,750 --> 00:09:03,429 Suze: that just returned an average annual interest to her or 128 00:09:03,429 --> 00:09:05,750 Suze: returned to her of 8% a year, she would have 129 00:09:05,750 --> 00:09:14,140 Suze: $82,000 today versus $28,399. oh, but you're thinking to yourself, 130 00:09:14,429 --> 00:09:17,890 Suze: but Suze, she didn't have any insurance. Do you know 131 00:09:18,309 --> 00:09:23,630 Suze: that back then she could have purchased a $200,000, 30 132 00:09:23,630 --> 00:09:26,010 Suze: year level term policy. 133 00:09:26,690 --> 00:09:29,809 Suze: And that would have cost her $15 a month. 134 00:09:30,599 --> 00:09:35,159 Suze: And she could have invested the $60 a month difference 135 00:09:35,159 --> 00:09:38,919 Suze: between the $75 she was giving this company. And after 136 00:09:38,919 --> 00:09:43,919 Suze: 27 years, she'd have $65,000 invested in that Vanguard fund. 137 00:09:44,640 --> 00:09:49,909 Suze: Really? 65,000 versus 28,000? 138 00:09:50,809 --> 00:09:55,099 Suze: The point that I am making here is if anybody, 139 00:09:55,219 --> 00:09:58,319 Suze: and I mean anybody, approaches you. 140 00:09:59,130 --> 00:10:02,130 Suze: And I don't care if they get to come into 141 00:10:02,130 --> 00:10:05,348 Suze: your hospital and speak to you. I do not care 142 00:10:05,530 --> 00:10:08,330 Suze: if they get to come into your school and speak 143 00:10:08,330 --> 00:10:11,489 Suze: to you. I do not care if they show up 144 00:10:11,489 --> 00:10:13,108 Suze: on a military base. 145 00:10:13,780 --> 00:10:17,150 Suze: They are not sanctioned by the hospital. They are not 146 00:10:17,150 --> 00:10:20,549 Suze: sanctioned by the school. They are not sanctioned by the 147 00:10:20,549 --> 00:10:23,789 Suze: military or the church or the synagogues or wherever you 148 00:10:23,789 --> 00:10:27,589 Suze: go and you hear these people. These are people wanting 149 00:10:27,590 --> 00:10:29,150 Suze: to make money off of you. 150 00:10:29,900 --> 00:10:33,260 Suze: So if you ever hear anybody say to you, oh, 151 00:10:33,580 --> 00:10:37,059 Suze: I have a great way for you to save for 152 00:10:37,059 --> 00:10:41,859 Suze: your future tax-free, and they mention the word insurance in 153 00:10:41,859 --> 00:10:47,659 Suze: there on any level, you get up and you walk out. 154 00:10:48,020 --> 00:10:50,059 Suze: Just that simple. 155 00:10:51,340 --> 00:10:55,330 Suze: But it wasn't just Denise that this happened to 27 156 00:10:55,330 --> 00:11:00,770 Suze: years ago. Last October, this happened to a woman by 157 00:11:00,770 --> 00:11:06,590 Suze: the name of Turquoise, and here is what she says. 158 00:11:07,289 --> 00:11:11,520 Suze: Hi Suze, my name is Turquoise. I'm a 32 year 159 00:11:11,520 --> 00:11:13,829 Suze: old nurse from the Bay Area. 160 00:11:14,260 --> 00:11:17,210 Suze: I've started listening to your podcast and I am so 161 00:11:17,210 --> 00:11:22,098 Suze: scared that I made a huge mistake. I had met 162 00:11:22,099 --> 00:11:29,059 Suze: a financial advisor and after several no strings attached meetings, 163 00:11:29,419 --> 00:11:33,679 Suze: decided to invest money in a life insurance policy. 164 00:11:34,619 --> 00:11:39,890 Suze: I opened it with $5,000 and have been giving him 165 00:11:40,150 --> 00:11:43,789 Suze: $600 a month since last October. 166 00:11:44,570 --> 00:11:49,330 Suze: As I am recording this podcast, everybody, it is June, 167 00:11:49,409 --> 00:11:53,479 Suze: the middle of June in the year 2019. 168 00:11:54,630 --> 00:11:58,710 Suze: The way it was explained to me multiple times because 169 00:11:58,710 --> 00:12:02,440 Suze: numbers aren't my thing was that this was to be 170 00:12:02,440 --> 00:12:05,829 Suze: considered like a savings of sorts. Should I need money, 171 00:12:05,950 --> 00:12:08,909 Suze: I would have access to it. If I die, my 172 00:12:08,909 --> 00:12:12,669 Suze: children will get money. I have two young children, and 173 00:12:12,669 --> 00:12:15,150 Suze: it would be there when I retired to use to 174 00:12:15,150 --> 00:12:19,770 Suze: supplement my 401k as tax-free income. 175 00:12:21,080 --> 00:12:25,478 Suze: Warning bells, warning bells. The reason I know I am 176 00:12:25,479 --> 00:12:28,599 Suze: reading you an email, even though it isn't Ask Suze 177 00:12:28,599 --> 00:12:33,539 Suze: Anything on Thursdays, is because you have to learn from this. 178 00:12:33,919 --> 00:12:40,280 Suze: And this is a serious email because this woman, thank God, Turquoise, 179 00:12:40,799 --> 00:12:44,840 Suze: wrote in, and she's only been doing this since October 180 00:12:44,840 --> 00:12:47,080 Suze: and again, we're in the middle of June. So, all right, 181 00:12:47,200 --> 00:12:49,299 Suze: we're not losing that much. 182 00:12:49,900 --> 00:12:52,978 Suze: But at 32 years of age, we do not have 183 00:12:52,979 --> 00:12:57,219 Suze: $9,000 to lose or $5,000 to lose. You don't have 184 00:12:57,219 --> 00:12:59,159 Suze: a penny to lose. 185 00:12:59,950 --> 00:13:02,929 Suze: So therefore, that's why I'm doing this today. 186 00:13:04,140 --> 00:13:08,799 Suze: She goes on to say, I asked about an IRA, 187 00:13:09,380 --> 00:13:12,200 Suze: but it was explained to me that I make too 188 00:13:12,580 --> 00:13:15,460 Suze: much to have one, and I would have to fund 189 00:13:15,460 --> 00:13:18,539 Suze: it in some convoluted way at the end of the 190 00:13:18,539 --> 00:13:23,260 Suze: year instead of just steadily adding money every month. It 191 00:13:23,260 --> 00:13:26,380 Suze: wasn't the first time I've heard that. A rep from 192 00:13:26,380 --> 00:13:29,460 Suze: Merrill Lynch once told me the same. 193 00:13:30,710 --> 00:13:36,020 Suze: The reason The Women and Money podcast is so important, 194 00:13:36,239 --> 00:13:42,159 Suze: is that you have got to understand how everything works yourself. 195 00:13:42,429 --> 00:13:47,000 Suze: If you just decide to rely on financial advisors from 196 00:13:47,000 --> 00:13:48,659 Suze: these major brokerage firms or 197 00:13:48,710 --> 00:13:51,989 Suze: wherever you are finding them or wherever they are finding 198 00:13:51,989 --> 00:13:56,419 Suze: you and you are not aware of how everything works, 199 00:13:56,549 --> 00:14:01,909 Suze: you are going to be taken advantage of. You absolutely are, 200 00:14:02,030 --> 00:14:05,710 Suze: and I don't want that happening to you. I wrote 201 00:14:05,710 --> 00:14:10,030 Suze: Turquoise back and after the shock of her realizing it 202 00:14:10,030 --> 00:14:13,830 Suze: was really me, here's what went on. I wrote her 203 00:14:13,830 --> 00:14:16,349 Suze: and I said, can you imagine? 204 00:14:17,059 --> 00:14:23,340 Suze: For $600 a month you could at your age, assuming, 205 00:14:23,419 --> 00:14:26,820 Suze: let's just say assuming she was in great health, she 206 00:14:26,820 --> 00:14:31,619 Suze: could have purchased a 30 year level term policy for 207 00:14:31,619 --> 00:14:37,090 Suze: $300 a month with a death benefit of $500,000 more 208 00:14:37,090 --> 00:14:38,299 Suze: than this was giving her. 209 00:14:39,140 --> 00:14:42,619 Suze: And then she could have been using the $300 a 210 00:14:42,619 --> 00:14:47,159 Suze: month difference because remember she was investing $600 a month 211 00:14:47,539 --> 00:14:52,299 Suze: to fund a contributory Roth IRA and in 30 years 212 00:14:52,299 --> 00:14:55,460 Suze: at an 8% annual average rate of return, she would 213 00:14:55,460 --> 00:15:01,159 Suze: have $500,000 that would all be tax-free. 214 00:15:03,130 --> 00:15:08,250 Suze: Turquoise was simply looking for a way again to invest, 215 00:15:09,309 --> 00:15:12,250 Suze: so that it could be tax-free. She could have access 216 00:15:12,250 --> 00:15:15,989 Suze: to it. You understand when you put money into a 217 00:15:15,989 --> 00:15:21,869 Suze: contributory Roth IRA, you can take out any money you 218 00:15:21,869 --> 00:15:27,219 Suze: originally put in without taxes or penalties whatsoever, regardless of 219 00:15:27,219 --> 00:15:32,169 Suze: your age or how long that account has been open. 220 00:15:32,559 --> 00:15:35,330 Suze: So that money, a lot of it, what you're putting 221 00:15:35,330 --> 00:15:38,369 Suze: in is liquid to you. 222 00:15:39,309 --> 00:15:42,030 Suze: And so now I'm conversing with her and I'm telling 223 00:15:42,030 --> 00:15:44,929 Suze: her this, and again, it goes back and forth, but 224 00:15:45,070 --> 00:15:48,530 Suze: I can't have a Roth IRA. I make too much money. 225 00:15:49,270 --> 00:15:54,250 Suze: I ask her some questions and she absolutely could have 226 00:15:54,510 --> 00:15:59,429 Suze: a backdoor Roth IRA, that convoluted IRA that one of 227 00:15:59,429 --> 00:16:01,789 Suze: the advisors told her, oh, you had to fund it 228 00:16:01,789 --> 00:16:04,369 Suze: all at once at the end of the year. Who cares? 229 00:16:05,460 --> 00:16:08,780 Suze: All Turquoise had to do, because she had no other 230 00:16:09,530 --> 00:16:15,950 Suze: IRAs whatsoever, is open up a non-deductible IRA. 231 00:16:16,859 --> 00:16:19,619 Suze: And convert it to a Roth. That's all she had 232 00:16:19,619 --> 00:16:21,179 Suze: to do. That was it. 233 00:16:22,219 --> 00:16:26,700 Suze: Not so complicated. It's actually, in her case, quite easy. 234 00:16:27,880 --> 00:16:31,200 Suze: So now I'm telling her, all right, I want you 235 00:16:31,200 --> 00:16:35,440 Suze: to cash this policy out and stop it now. Now, 236 00:16:35,679 --> 00:16:42,159 Suze: she has put in, in total, $9,900. 237 00:16:43,659 --> 00:16:45,940 Suze: Do you know how much, how much she's going to 238 00:16:45,940 --> 00:16:49,780 Suze: be able to get back of the $9,900 that she 239 00:16:49,780 --> 00:16:54,119 Suze: put in of this investment that the adviser told her 240 00:16:54,340 --> 00:16:56,659 Suze: she could get her money any time she wanted with 241 00:16:56,659 --> 00:16:59,580 Suze: just a little penalty. It wasn't a big deal. She's 242 00:16:59,580 --> 00:17:03,500 Suze: only going to be able to get back $5,112. I 243 00:17:03,500 --> 00:17:07,139 Suze: don't know. I think almost $5,000 penalty in a few 244 00:17:07,140 --> 00:17:09,129 Suze: month period of time is a serious deal. 245 00:17:10,659 --> 00:17:14,499 Suze: Serious, I asked her, did you know how much commission 246 00:17:14,499 --> 00:17:17,139 Suze: he made off of you? No, I have no idea. 247 00:17:17,499 --> 00:17:21,298 Suze: So again, you're listening to me. If you make an 248 00:17:21,298 --> 00:17:25,697 Suze: investment with anybody, they need to tell you how much 249 00:17:25,698 --> 00:17:28,938 Suze: commission they made. You don't need to ask them. They 250 00:17:28,938 --> 00:17:32,058 Suze: should be telling you, and if they're not telling you, 251 00:17:32,259 --> 00:17:33,859 Suze: you should get up and walk out. 252 00:17:34,290 --> 00:17:37,650 Suze: Because you deserve to know how much you are paying 253 00:17:37,650 --> 00:17:41,089 Suze: for something, and for some reason, women you get afraid 254 00:17:41,089 --> 00:17:45,819 Suze: to ask. Oh, I'll hurt his feelings. I'll hurt her feelings. 255 00:17:45,989 --> 00:17:46,790 Suze: It's all right. 256 00:17:47,660 --> 00:17:52,420 Suze: I trust them. You should not. You should not trust 257 00:17:52,420 --> 00:17:53,760 Suze: anybody but yourself. 258 00:17:54,790 --> 00:17:59,900 Suze: And so, therefore, you don't trust somebody, you educate yourself. 259 00:18:00,069 --> 00:18:03,369 Suze: You learn at what you're investing in or don't invest. 260 00:18:03,819 --> 00:18:05,310 Suze: How many times do I have to say to you, 261 00:18:05,349 --> 00:18:07,510 Suze: it is better to do nothing than something you do 262 00:18:07,510 --> 00:18:08,550 Suze: not understand? 263 00:18:09,459 --> 00:18:12,780 Suze: I know I tell you stories. I tell you stories 264 00:18:12,780 --> 00:18:16,219 Suze: about people and relationships and things like that, but this 265 00:18:16,219 --> 00:18:19,180 Suze: is the story you need to hear because this is 266 00:18:19,180 --> 00:18:21,670 Suze: the story of your life. This is the story of 267 00:18:21,670 --> 00:18:24,219 Suze: what could go wrong. This is the story of Denise 268 00:18:24,219 --> 00:18:28,900 Suze: and Turquoise and how many other women and men who 269 00:18:28,900 --> 00:18:33,239 Suze: are teachers, who are working as nurses, who are working, 270 00:18:33,439 --> 00:18:36,540 Suze: serving everybody. And yet, 271 00:18:37,170 --> 00:18:39,729 Suze: we are just allowing them to be ripped off, but no, 272 00:18:39,810 --> 00:18:43,129 Suze: we're not allowing them to be ripped off. They are 273 00:18:43,130 --> 00:18:46,810 Suze: allowing themselves to be ripped off because they did not 274 00:18:46,810 --> 00:18:49,680 Suze: take the time to get educated. 275 00:18:50,770 --> 00:18:55,930 Suze: I am using them as examples for you. Because if 276 00:18:55,930 --> 00:19:01,728 Suze: something goes wrong in your life, financially speaking, and you 277 00:19:01,729 --> 00:19:05,369 Suze: know that this podcast is here, you know that you 278 00:19:05,369 --> 00:19:10,709 Suze: can write in and ask, and you don't, I can't 279 00:19:10,849 --> 00:19:15,760 Suze: help you. But you can. You can help yourself. 280 00:19:16,219 --> 00:19:20,280 Suze: Listen to this podcast. Tell everybody you know about this podcast. 281 00:19:20,540 --> 00:19:23,479 Suze: Make this podcast a part of your life, 282 00:19:24,680 --> 00:19:29,810 Suze: so that you can become the strong, smart, and secure 283 00:19:29,810 --> 00:19:34,219 Suze: women that you were born to be.