1 00:00:07,909 --> 00:00:12,369 Suze: March 1st, 2026. Welcome everybody to the Women and Money podcast, 2 00:00:12,710 --> 00:00:17,059 Suze: as well as everybody smart enough to listen. Can you 3 00:00:17,059 --> 00:00:19,159 Suze: just even believe it's March? 4 00:00:19,840 --> 00:00:24,389 Suze: But I know when we're in March, that's our signal 5 00:00:24,389 --> 00:00:28,290 Suze: to march ahead with everything no matter what we have 6 00:00:28,290 --> 00:00:31,510 Suze: to face, no matter what happens in the month of March, 7 00:00:31,729 --> 00:00:35,930 Suze: we just have to keep moving forward. So let's march 8 00:00:35,930 --> 00:00:39,090 Suze: and march and march. That's how I always think about 9 00:00:39,090 --> 00:00:43,200 Suze: this month because for some reason crazy things happen in 10 00:00:43,200 --> 00:00:46,569 Suze: my opinion in the month of March, and that was 11 00:00:46,569 --> 00:00:49,549 Suze: true because look at what's happening right now. 12 00:00:50,770 --> 00:00:56,610 Suze: We've attacked Iran. They have retaliated, and the United States 13 00:00:56,610 --> 00:01:00,319 Suze: joining forces with Israel now we have that going on. 14 00:01:00,369 --> 00:01:03,209 Suze: We have what's happening with Cuba and the United States 15 00:01:03,209 --> 00:01:07,580 Suze: going on. We still have Venezuela that has to be decided. 16 00:01:07,769 --> 00:01:10,489 Suze: We have ICE that's still out of control if you 17 00:01:10,489 --> 00:01:14,760 Suze: ask me. We have all of these things going on. 18 00:01:15,430 --> 00:01:18,720 Suze: And here we are in the month of March. 19 00:01:19,370 --> 00:01:23,930 Suze: So I decided that it's really, really important. 20 00:01:24,540 --> 00:01:28,709 Suze: That we march into the independence of our own lives. 21 00:01:29,819 --> 00:01:32,279 Suze: How many times have I said you can't be dependent 22 00:01:32,279 --> 00:01:37,360 Suze: on the government or anything else? They can't even save themselves, 23 00:01:37,419 --> 00:01:39,980 Suze: which I think we're seeing every day. I don't care 24 00:01:39,980 --> 00:01:43,300 Suze: what side of the fence you're on. Everybody is making 25 00:01:43,300 --> 00:01:47,699 Suze: serious mistakes if you ask me. So what can we 26 00:01:47,699 --> 00:01:50,059 Suze: do as individuals? 27 00:01:50,910 --> 00:01:56,160 Suze: And what I realized is our main goal in life. 28 00:01:57,779 --> 00:02:01,199 Suze: Yes, I know the goal of money is to be secure. 29 00:02:01,379 --> 00:02:05,529 Suze: I get that. You get that, but our main goal 30 00:02:05,529 --> 00:02:09,619 Suze: in life is to live a life where we have 31 00:02:09,619 --> 00:02:11,839 Suze: no regrets, everybody. 32 00:02:12,929 --> 00:02:17,070 Suze: And if we live a life where we have no regrets, 33 00:02:17,610 --> 00:02:24,800 Suze: then we are secure not only hopefully financially but emotionally, psychologically, 34 00:02:25,250 --> 00:02:27,410 Suze: every possible way. 35 00:02:28,380 --> 00:02:33,089 Suze: And I'm so afraid that so many of us really 36 00:02:33,089 --> 00:02:37,869 Suze: are living a life that's going to lead to regrets. 37 00:02:38,800 --> 00:02:42,399 Suze: Because we are afraid to stand in our own truth. 38 00:02:42,559 --> 00:02:46,740 Suze: We are afraid to take our own power. We're afraid 39 00:02:46,740 --> 00:02:49,440 Suze: to tell people that we don't want in our lives 40 00:02:49,440 --> 00:02:51,600 Suze: anymore to get out of our lives. 41 00:02:52,470 --> 00:02:56,089 Suze: We're just afraid to take actions. 42 00:02:56,800 --> 00:03:00,520 Suze: That one day we'd make it so that we wouldn't 43 00:03:00,520 --> 00:03:03,758 Suze: have a life of regrets, but instead we live in 44 00:03:03,758 --> 00:03:07,199 Suze: a state of fear in most cases. 45 00:03:08,050 --> 00:03:12,190 Suze: So today we have a Suze school 46 00:03:13,210 --> 00:03:18,459 Suze: about living a life so you have no regrets, OK? 47 00:03:19,460 --> 00:03:21,619 Suze: Because I.. have you, by the way, taken out your 48 00:03:21,619 --> 00:03:25,859 Suze: little Suze notebooks? 'Cause I'm just rambling today, and that's 49 00:03:25,860 --> 00:03:29,460 Suze: what I'm gonna do for the rest of this podcast. 50 00:03:29,699 --> 00:03:33,279 Suze: I'm gonna ramble, hopefully right into your heart. 51 00:03:34,559 --> 00:03:36,460 Suze: So I just have to tell you something. 52 00:03:37,380 --> 00:03:42,339 Suze: After all these years and so many of them, after 53 00:03:42,339 --> 00:03:46,100 Suze: sitting with people who were dying, after talking to women 54 00:03:46,100 --> 00:03:49,619 Suze: who lost their partners, after hearing from people who had 55 00:03:49,619 --> 00:03:54,020 Suze: millions and people who had nothing, do you know what 56 00:03:54,020 --> 00:03:56,720 Suze: nobody has ever said to me. 57 00:03:57,470 --> 00:04:01,869 Suze: They have never said I wish I had made 2% 58 00:04:01,869 --> 00:04:06,389 Suze: more on my portfolio. They just don't say those types 59 00:04:06,389 --> 00:04:11,029 Suze: of things. What do they say? They say, 60 00:04:12,050 --> 00:04:13,970 Suze: I wish I had forgiven sooner. 61 00:04:14,960 --> 00:04:17,019 Suze: I wish I had taken that trip. 62 00:04:17,700 --> 00:04:21,058 Suze: I wish I had said I love you more. I 63 00:04:21,059 --> 00:04:24,618 Suze: wish I hadn't stayed so afraid. 64 00:04:25,829 --> 00:04:32,750 Suze: So regret is almost always about fear. It just is. 65 00:04:33,029 --> 00:04:37,149 Suze: It's the fear of truthfully, everyone looking foolish, losing money, 66 00:04:37,269 --> 00:04:43,589 Suze: being alone, starting over, saying no, saying yes, and I 67 00:04:43,589 --> 00:04:48,130 Suze: have met women who have stayed in marriages they knew 68 00:04:48,130 --> 00:04:51,910 Suze: were wrong for 20 years because they were afraid they 69 00:04:51,910 --> 00:04:54,170 Suze: couldn't survive financially. 70 00:04:54,540 --> 00:04:58,659 Suze: I've met women who had $5 million and were afraid 71 00:04:58,660 --> 00:05:03,279 Suze: to spend $5,000 on something that would bring them joy, 72 00:05:03,809 --> 00:05:08,339 Suze: so regret comes when fear runs your life instead of truth, 73 00:05:08,420 --> 00:05:09,839 Suze: and here is the truth. 74 00:05:10,928 --> 00:05:14,649 Suze: You are far more powerful than all of you think. 75 00:05:14,928 --> 00:05:18,970 Suze: Are you kidding me? Last night I was talking on 76 00:05:18,970 --> 00:05:22,950 Suze: the phone to my really good friend who is a powerful, 77 00:05:23,250 --> 00:05:26,469 Suze: powerful woman. She is a CEO. 78 00:05:27,380 --> 00:05:32,100 Suze: And she has been living in fear of telling a friend, 79 00:05:32,260 --> 00:05:33,970 Suze: she doesn't want to be a friend anymore. 80 00:05:34,850 --> 00:05:37,649 Suze: She doesn't want her in her life anymore, and there 81 00:05:37,649 --> 00:05:41,290 Suze: were valid reasons why she didn't want her in her 82 00:05:41,290 --> 00:05:46,910 Suze: life any more, but she couldn't bring herself to do it. 83 00:05:47,649 --> 00:05:51,920 Suze: So, all of you have got to understand, you are 84 00:05:51,920 --> 00:05:56,410 Suze: far more powerful than you think. So, this is a 85 00:05:56,410 --> 00:05:57,349 Suze: financial show. 86 00:05:58,238 --> 00:06:01,559 Suze: Usually that's what we always talk about. So let's go 87 00:06:01,559 --> 00:06:05,579 Suze: to money for one second here, because when I talk 88 00:06:05,579 --> 00:06:08,959 Suze: about money, you know I'm talking about you. You know 89 00:06:08,959 --> 00:06:12,678 Suze: you and your money are one. So if you can't 90 00:06:12,678 --> 00:06:15,839 Suze: do what you need to do with your money, it's 91 00:06:15,839 --> 00:06:19,339 Suze: because you can't do what you need to do with yourself. 92 00:06:19,928 --> 00:06:23,890 Suze: So let me give you the top 5 money regrets 93 00:06:23,890 --> 00:06:26,410 Suze: that I see all the time. 94 00:06:27,250 --> 00:06:32,659 Suze: And the first one is not investing earlier, OK? 95 00:06:33,410 --> 00:06:36,619 Suze: You tell me all the time, and I know there 96 00:06:36,619 --> 00:06:38,339 Suze: are men that are listening. 97 00:06:39,049 --> 00:06:42,299 Suze: But it's mainly the women that write me and tell 98 00:06:42,299 --> 00:06:46,019 Suze: me these things, so I'm sure there are men out 99 00:06:46,019 --> 00:06:49,058 Suze: there that do the same thing, but I'm addressing this 100 00:06:49,059 --> 00:06:52,820 Suze: to everybody who is smart enough to listen. So women 101 00:06:52,820 --> 00:06:57,320 Suze: tell me all the time, Suze, I waited. I was scared. 102 00:06:57,500 --> 00:07:00,000 Suze: I didn't think I knew enough. 103 00:07:00,470 --> 00:07:03,789 Suze: All right, what you all have to understand right now, 104 00:07:03,869 --> 00:07:07,709 Suze: and you have to write this down, time is the 105 00:07:07,709 --> 00:07:12,790 Suze: most valuable asset everybody you will ever have, and you 106 00:07:12,790 --> 00:07:15,709 Suze: will never ever get time back. 107 00:07:16,829 --> 00:07:20,230 Suze: So, your biggest regret of all is if you are 108 00:07:20,230 --> 00:07:25,540 Suze: wasting time, cause you think you don't have the knowledge, 109 00:07:25,750 --> 00:07:31,470 Suze: the ability, the capability, or whatever it may be to invest. 110 00:07:32,290 --> 00:07:37,410 Suze: The next one, number two, write this down. Trusting the 111 00:07:37,410 --> 00:07:41,529 Suze: wrong person. How many times have I said to you, 112 00:07:41,809 --> 00:07:46,350 Suze: you have got to trust yourself more than you trust others. 113 00:07:47,450 --> 00:07:52,730 Suze: Trusting the wrong person, such as a partner, a financial adviser, 114 00:07:53,049 --> 00:07:54,940 Suze: a family member. 115 00:07:55,829 --> 00:07:59,959 Suze: If something doesn't feel right, it usually isn't. Let me 116 00:07:59,959 --> 00:08:04,399 Suze: give you an example of trusting the wrong person. I've 117 00:08:04,399 --> 00:08:05,040 Suze: a friend. 118 00:08:05,720 --> 00:08:09,079 Suze: A friend who was in Hollywood, she makes a lot 119 00:08:09,079 --> 00:08:12,679 Suze: of money. She has a lot of money, and she 120 00:08:12,679 --> 00:08:15,679 Suze: was using a financial adviser that many of her friends 121 00:08:15,679 --> 00:08:20,160 Suze: in Hollywood were using. Great, and that was a good 122 00:08:20,160 --> 00:08:24,279 Suze: financial adviser. He was doing fabulous, I thought, for all 123 00:08:24,279 --> 00:08:24,959 Suze: of them. 124 00:08:25,350 --> 00:08:29,260 Suze: And this woman is in her 40s and she had 125 00:08:29,260 --> 00:08:35,380 Suze: all the money that was with her adviser 100% in stocks, 126 00:08:35,640 --> 00:08:39,280 Suze: but besides what she had with this adviser, she had 127 00:08:39,280 --> 00:08:42,520 Suze: a lot of money in a money market account, in 128 00:08:42,640 --> 00:08:46,400 Suze: CDs and treasuries, so not all of her money by 129 00:08:46,400 --> 00:08:51,719 Suze: any means was all in stocks, and she didn't need 130 00:08:51,719 --> 00:08:55,799 Suze: money for a long time because she's very famous in 131 00:08:55,799 --> 00:08:58,080 Suze: her career and she was gonna be able to write 132 00:08:58,080 --> 00:08:59,880 Suze: and do things forever, OK. 133 00:09:01,200 --> 00:09:04,169 Suze: Now she has another financial advisor. 134 00:09:05,549 --> 00:09:08,739 Suze: Who happens to be talking to her and says, so 135 00:09:08,739 --> 00:09:13,140 Suze: what are you invested in? And she tells her. 136 00:09:14,280 --> 00:09:17,369 Suze: What she is investing in this was another woman, OK, 137 00:09:17,909 --> 00:09:23,229 Suze: and the financial adviser says, Are you crazy? You can't 138 00:09:23,229 --> 00:09:28,109 Suze: have 100% of your money invested in equities. That's far 139 00:09:28,109 --> 00:09:32,690 Suze: too much risk for you. Well, guess what my friend did? 140 00:09:33,390 --> 00:09:38,728 Suze: She changed 100% of the money that she had with 141 00:09:38,830 --> 00:09:42,210 Suze: this financial adviser that she had been with for years. 142 00:09:42,780 --> 00:09:46,619 Suze: And put it at the firm that her friend told 143 00:09:46,619 --> 00:09:49,979 Suze: her would be better for her and invest the money 144 00:09:49,979 --> 00:09:54,659 Suze: properly for her. Now here's what's so sad. She was 145 00:09:54,659 --> 00:09:55,940 Suze: invested properly. 146 00:09:56,429 --> 00:10:00,369 Suze: The woman that she was talking to knew nothing about 147 00:10:00,630 --> 00:10:04,530 Suze: how much cash she had, how the markets work, anything, 148 00:10:04,750 --> 00:10:09,710 Suze: and now this woman, seriously, I can tell you, is 149 00:10:09,710 --> 00:10:16,039 Suze: going to have regrets simply because she trusted somebody else. 150 00:10:16,960 --> 00:10:20,080 Suze: When I asked her, I said, what? Why did you 151 00:10:20,080 --> 00:10:23,400 Suze: do that? How did that feel to you? She said, well, 152 00:10:23,440 --> 00:10:25,479 Suze: it didn't feel right, but it seemed to make sense 153 00:10:25,479 --> 00:10:27,080 Suze: that I had too much in the market. 154 00:10:27,820 --> 00:10:30,140 Suze: So I said, so why don't you just go and 155 00:10:30,140 --> 00:10:35,419 Suze: talk to your current financial advisor? And she said, well, 156 00:10:35,780 --> 00:10:38,679 Suze: I was afraid to tell him what I thought. 157 00:10:39,909 --> 00:10:44,260 Suze: Do you see how fear in this situation most likely 158 00:10:44,260 --> 00:10:48,119 Suze: is going to lead to serious regret. 159 00:10:49,440 --> 00:10:54,059 Suze: Next, three, staying silent about money. 160 00:10:55,150 --> 00:10:56,669 Suze: When you are silent, 161 00:10:57,419 --> 00:11:00,539 Suze: you don't say something kind of like this woman did 162 00:11:00,539 --> 00:11:03,099 Suze: in a way. But when you are silent, 163 00:11:03,969 --> 00:11:09,500 Suze: it creates dependency. You don't ask, what is our money doing? 164 00:11:09,739 --> 00:11:13,059 Suze: Where is it? You are just afraid to say anything 165 00:11:13,059 --> 00:11:17,159 Suze: with anybody when it comes to money, so your silence 166 00:11:17,340 --> 00:11:22,919 Suze: creates dependency on whoever else is dealing with your money. 167 00:11:23,419 --> 00:11:27,598 Suze: How do you change that? Through knowledge, through getting involved, 168 00:11:27,940 --> 00:11:30,640 Suze: because knowledge creates power. 169 00:11:31,109 --> 00:11:34,320 Suze: And all of you know that I always say, I 170 00:11:34,320 --> 00:11:37,359 Suze: want you all to own the power to control your 171 00:11:37,359 --> 00:11:40,460 Suze: own destinies, but how are you gonna do that if 172 00:11:40,460 --> 00:11:44,238 Suze: you don't have a voice? If you stay silent. 173 00:11:45,530 --> 00:11:49,520 Suze: If you stay silent, I promise you it will be 174 00:11:49,859 --> 00:11:56,400 Suze: one of your biggest regrets. Next, spending to impress. 175 00:11:57,299 --> 00:12:02,179 Suze: Do you all understand that nobody is thinking about your 176 00:12:02,179 --> 00:12:06,659 Suze: handbag as much as you think they are? Nobody is 177 00:12:06,659 --> 00:12:09,640 Suze: paying attention to really what you are wearing. 178 00:12:10,390 --> 00:12:14,339 Suze: Your clothes will never make you. Your handbags will never 179 00:12:14,340 --> 00:12:17,809 Suze: make you. The car you drive will never make you. 180 00:12:18,109 --> 00:12:21,710 Suze: You make your clothes. You make the impression when you 181 00:12:21,710 --> 00:12:25,590 Suze: walk into the room. You make everything around you look 182 00:12:25,590 --> 00:12:28,848 Suze: like a million dollars. You could put a million dollars 183 00:12:28,849 --> 00:12:31,950 Suze: of clothes on you, and yet if you are powerless 184 00:12:31,950 --> 00:12:34,349 Suze: when it comes to your own money, when you don't 185 00:12:34,349 --> 00:12:37,650 Suze: have the strength to say what you want to say. 186 00:12:38,469 --> 00:12:41,909 Suze: To do all of those things you could be dressed 187 00:12:41,909 --> 00:12:46,108 Suze: in every label possible and you will look and appear 188 00:12:46,109 --> 00:12:51,590 Suze: like a pauper because people recognize your inner power before 189 00:12:51,590 --> 00:12:56,468 Suze: they admire some stupid clothing that you may have on. 190 00:12:57,440 --> 00:13:01,609 Suze: And last but not least of these five top money 191 00:13:01,609 --> 00:13:06,729 Suze: regrets that I see all the time is waiting for 192 00:13:06,729 --> 00:13:07,690 Suze: some day. 193 00:13:09,280 --> 00:13:13,598 Suze: Waiting for some day. Well, I'll get around to it. 194 00:13:13,799 --> 00:13:17,460 Suze: I'll do it some day. Some day has to be 195 00:13:17,640 --> 00:13:23,760 Suze: the most expensive word in the English language. It was 196 00:13:23,760 --> 00:13:27,640 Suze: some day that word that got me to write one 197 00:13:27,640 --> 00:13:30,718 Suze: of my very best books of all books I've ever written, 198 00:13:30,840 --> 00:13:32,780 Suze: The Nine Steps to Financial Freedom. 199 00:13:33,770 --> 00:13:38,130 Suze: What keeps people from doing that which they know they 200 00:13:38,130 --> 00:13:42,929 Suze: should do with money? They're doctors. They're lawyers. They've raised 201 00:13:42,929 --> 00:13:46,349 Suze: a family, and yet when I tell them to do something, 202 00:13:47,010 --> 00:13:50,530 Suze: they say, OK, and then I see them again. I say, 203 00:13:50,650 --> 00:13:52,250 Suze: Did you do it? They go, Not yet. I'll do 204 00:13:52,250 --> 00:13:53,049 Suze: it some day. 205 00:13:54,260 --> 00:13:59,340 Suze: Some day you cannot wait for some day. Your new 206 00:13:59,340 --> 00:14:04,289 Suze: word has to be today. I am doing it today. 207 00:14:05,150 --> 00:14:08,000 Suze: And if you do these few things, they're just five 208 00:14:08,000 --> 00:14:12,440 Suze: very simple things, then what is it going to mean 209 00:14:12,440 --> 00:14:16,460 Suze: to you? Like, what does it actually mean to live 210 00:14:16,460 --> 00:14:19,859 Suze: a life with no regrets, everybody. 211 00:14:20,820 --> 00:14:23,159 Suze: So, first, I'll tell you what it doesn't mean. 212 00:14:24,030 --> 00:14:28,859 Suze: It does not mean that you made perfect decisions. You're 213 00:14:28,859 --> 00:14:31,260 Suze: going to make mistakes, OK. 214 00:14:32,239 --> 00:14:35,489 Suze: It does not mean that you're never gonna lose money 215 00:14:35,489 --> 00:14:38,770 Suze: and that you never failed. I have lost money. I 216 00:14:38,770 --> 00:14:42,530 Suze: have failed on many things that I tried. I did 217 00:14:42,530 --> 00:14:46,140 Suze: not always make perfect decisions. I'll tell you that. 218 00:14:47,429 --> 00:14:51,059 Suze: But that doesn't mean that I regret doing those things 219 00:14:51,059 --> 00:14:56,020 Suze: because at least I tried. What it does mean, however, 220 00:14:56,679 --> 00:15:00,460 Suze: is that you acted from courage, everybody, instead of fear. 221 00:15:00,599 --> 00:15:05,859 Suze: You told the truth when it mattered. You protected yourself. 222 00:15:06,070 --> 00:15:10,760 Suze: You loved fully. You really loved. You just didn't kind 223 00:15:10,760 --> 00:15:13,359 Suze: of stay in a relationship because you loved or what 224 00:15:13,599 --> 00:15:15,359 Suze: you loved fully. 225 00:15:15,960 --> 00:15:19,750 Suze: You filled your heart to its own capacity and you 226 00:15:19,750 --> 00:15:20,900 Suze: never settled. 227 00:15:21,809 --> 00:15:26,049 Suze: You lived intentionally. Like a lot of times when I 228 00:15:26,049 --> 00:15:28,809 Suze: do something and I get a new partner, they wanna 229 00:15:28,809 --> 00:15:31,650 Suze: do a partnership with me, I go, what's the intention 230 00:15:31,650 --> 00:15:35,729 Suze: behind this? Why are we doing this? 231 00:15:36,900 --> 00:15:39,179 Suze: Are we doing this simply to make money? Is that 232 00:15:39,179 --> 00:15:42,260 Suze: the intention? And if that's the intention, I don't want 233 00:15:42,260 --> 00:15:42,940 Suze: to do it. 234 00:15:43,880 --> 00:15:47,849 Suze: If the intention is to help people, if that is 235 00:15:47,849 --> 00:15:51,289 Suze: the intention, OK, count me in. 236 00:15:52,450 --> 00:15:57,270 Suze: So every one of us has to live intentionally knowing 237 00:15:57,530 --> 00:16:01,159 Suze: why do you do that which you do, and when 238 00:16:01,159 --> 00:16:04,489 Suze: you know why you do that which you do, you 239 00:16:04,489 --> 00:16:07,929 Suze: will live a life that doesn't have regrets, because one 240 00:16:07,929 --> 00:16:11,049 Suze: of the reasons we have regrets is we do something 241 00:16:11,049 --> 00:16:14,020 Suze: just because everybody else has done it. We do something 242 00:16:14,020 --> 00:16:17,429 Suze: because somebody else thinks we should do it. No. 243 00:16:18,090 --> 00:16:21,539 Suze: It's where you know what you want. You feel it 244 00:16:21,539 --> 00:16:26,010 Suze: in your gut. You make decisions that are good for you, 245 00:16:26,229 --> 00:16:30,940 Suze: not for anybody else, and you trust yourself more than 246 00:16:30,940 --> 00:16:36,530 Suze: you trust others. And what does it mean financially? What 247 00:16:36,530 --> 00:16:40,820 Suze: does it mean really financially to live a life of 248 00:16:40,820 --> 00:16:41,960 Suze: no regrets? 249 00:16:42,609 --> 00:16:46,609 Suze: It's, you know, where your money is. How sick and 250 00:16:46,609 --> 00:16:51,719 Suze: tired am I of asking really brilliant people, 251 00:16:53,099 --> 00:16:57,099 Suze: where is your Roth IRA located? At such and such 252 00:16:57,099 --> 00:16:59,549 Suze: a place, they tell me. Well, what's it invested in? 253 00:17:00,570 --> 00:17:01,359 Suze: I don't know. 254 00:17:02,289 --> 00:17:05,050 Suze: How much do you have in there? I don't know. 255 00:17:05,869 --> 00:17:08,468 Suze: Well, what did you buy the house for? What did 256 00:17:08,468 --> 00:17:13,048 Suze: your mother buy the house for? People go, I don't know. 257 00:17:13,629 --> 00:17:15,687 Suze: They do not know where. 258 00:17:16,520 --> 00:17:20,280 Suze: Their money is so you do not know where your 259 00:17:20,280 --> 00:17:24,270 Suze: money is and what it is invested in is one 260 00:17:24,270 --> 00:17:29,879 Suze: of the biggest regrets you will have. It's almost like saying, 261 00:17:30,199 --> 00:17:33,560 Suze: where are your children? I don't know. Are you telling 262 00:17:33,560 --> 00:17:38,119 Suze: me that if you have a 2-year-old, a 5-year-old, a 20-year-old, 263 00:17:38,239 --> 00:17:42,399 Suze: even a 30 or 40-year-old, they're children, and somebody said, Well, 264 00:17:42,599 --> 00:17:45,079 Suze: where are your kids these days? I don't know. 265 00:17:46,130 --> 00:17:50,170 Suze: What are they doing? I don't know. Where are they living? 266 00:17:50,449 --> 00:17:55,129 Suze: I don't know. There is no difference between your children 267 00:17:55,130 --> 00:17:57,650 Suze: that you gave birth to or adopted. 268 00:17:59,699 --> 00:18:02,909 Suze: And your financial children. 269 00:18:03,900 --> 00:18:07,540 Suze: 'Cause it is those financial children one day that are 270 00:18:07,540 --> 00:18:10,379 Suze: going to have to take care of you when you 271 00:18:10,380 --> 00:18:13,359 Suze: can no longer take care of yourself. 272 00:18:14,530 --> 00:18:18,909 Suze: Living a life of no regrets means that you have 273 00:18:19,079 --> 00:18:21,510 Suze: the must-have documents. 274 00:18:22,359 --> 00:18:27,280 Suze: You have a will, a living revocable trust, an advanced directive, 275 00:18:27,319 --> 00:18:30,079 Suze: a durable power of attorney for health care, as well 276 00:18:30,079 --> 00:18:32,920 Suze: as a financial power of attorney. And not only do 277 00:18:32,920 --> 00:18:37,079 Suze: you have them, but you have filled them out. You 278 00:18:37,079 --> 00:18:42,020 Suze: have actually funded them. You have taken the steps today 279 00:18:42,359 --> 00:18:44,880 Suze: to protect your tomorrows. 280 00:18:45,869 --> 00:18:51,050 Suze: Also, what living a life of no regrets means financially. 281 00:18:51,689 --> 00:18:57,339 Suze: Is this you are not dependent on someone else to 282 00:18:57,339 --> 00:19:02,989 Suze: explain your own life to you, your own money to you. 283 00:19:03,410 --> 00:19:05,859 Suze: Now they can explain it to you the first time, 284 00:19:06,369 --> 00:19:10,129 Suze: the second time, but you have got to know where 285 00:19:10,130 --> 00:19:14,629 Suze: every penny is, where it is invested, why it is invested. 286 00:19:14,810 --> 00:19:16,890 Suze: You have to know everything. 287 00:19:17,500 --> 00:19:21,040 Suze: Because when you do these things that I just said, 288 00:19:21,260 --> 00:19:22,939 Suze: you become powerful. 289 00:19:23,739 --> 00:19:29,149 Suze: And power, I promise you, eliminates regrets, not false power, 290 00:19:29,589 --> 00:19:32,250 Suze: not where you say you know, not where you feel 291 00:19:32,250 --> 00:19:35,670 Suze: like you're secure, but where you know without a shadow 292 00:19:35,670 --> 00:19:36,329 Suze: of a doubt. 293 00:19:37,969 --> 00:19:41,810 Suze: Where everything is, why it's there, how you feel about it, 294 00:19:41,839 --> 00:19:46,448 Suze: and everything I just said to you. Now I have 295 00:19:46,449 --> 00:19:49,479 Suze: a question to ask you, and this is a hard question. 296 00:19:51,130 --> 00:19:55,469 Suze: If your partner, let's say you are sharing money with somebody, 297 00:19:56,130 --> 00:20:00,550 Suze: you are married, you live together, whatever it may be, 298 00:20:01,170 --> 00:20:05,389 Suze: if your partner didn't come home tomorrow for whatever reason. 299 00:20:06,630 --> 00:20:10,790 Suze: They had a heart attack. They died. They just left you. 300 00:20:11,069 --> 00:20:14,890 Suze: Who knows? But if your partner didn't come home tomorrow, 301 00:20:15,349 --> 00:20:18,349 Suze: would you know? And you'd better be honest with yourselves 302 00:20:18,349 --> 00:20:22,510 Suze: right now, everybody. Would you know where everything is? Would 303 00:20:22,510 --> 00:20:26,688 Suze: you know how to access it? What to do next? 304 00:20:27,109 --> 00:20:30,000 Suze: I cannot tell you how many women I have met 305 00:20:30,229 --> 00:20:32,349 Suze: who were financially secure. 306 00:20:32,800 --> 00:20:38,329 Suze: But emotionally and really administratively they were paralyzed. How do 307 00:20:38,329 --> 00:20:43,139 Suze: I know this? Because when September 11th happened, 308 00:20:44,619 --> 00:20:48,099 Suze: do you know the number of calls I got from 309 00:20:48,099 --> 00:20:52,780 Suze: women who were married to the top executives of financial 310 00:20:52,780 --> 00:20:56,719 Suze: firms and they didn't know anything. 311 00:20:57,750 --> 00:21:00,270 Suze: They had a lot of money, but they didn't even 312 00:21:00,270 --> 00:21:03,790 Suze: know where their money was. They knew no passwords. They 313 00:21:03,790 --> 00:21:07,349 Suze: knew nothing, and this is what they all said to 314 00:21:07,349 --> 00:21:10,949 Suze: me during those days, and many women today still say 315 00:21:10,949 --> 00:21:11,589 Suze: it to me. 316 00:21:12,380 --> 00:21:18,420 Suze: They say these words. I should have paid attention. Are 317 00:21:18,420 --> 00:21:23,180 Suze: you kidding me? I'm asking you not to let that 318 00:21:23,180 --> 00:21:27,119 Suze: be you. So let's just do an exercise. 319 00:21:27,859 --> 00:21:32,208 Suze: This is something I want you to do tonight. What 320 00:21:32,209 --> 00:21:34,699 Suze: else are you doing tonight that could be possibly more 321 00:21:34,699 --> 00:21:37,060 Suze: important than this? So I don't care if you're listening 322 00:21:37,060 --> 00:21:39,920 Suze: to this on a Sunday, on a Monday, on a Tuesday. 323 00:21:40,010 --> 00:21:42,379 Suze: I don't care the day that you're listening to this. 324 00:21:42,900 --> 00:21:47,169 Suze: This is what I want you to do tonight, not someday. 325 00:21:47,849 --> 00:21:51,290 Suze: I want you to do it tonight. Where are you 326 00:21:51,290 --> 00:21:56,449 Suze: not taking your power, everybody? So ask yourself the question, 327 00:21:56,770 --> 00:22:01,250 Suze: where am I living smaller than I should be? 328 00:22:02,160 --> 00:22:03,599 Suze: Does that make sense to you? 329 00:22:04,579 --> 00:22:08,180 Suze: Next, where am I staying silent. 330 00:22:09,630 --> 00:22:12,520 Suze: Where are you not saying something that you're thinking and 331 00:22:12,520 --> 00:22:17,879 Suze: you're feeling, but you just aren't saying it? Write it down. 332 00:22:19,520 --> 00:22:25,040 Suze: What financial decision am I postponing because I'm scared. 333 00:22:25,910 --> 00:22:28,030 Suze: Are you scared to put the money in your Roth 334 00:22:28,030 --> 00:22:32,540 Suze: IRA in these markets? You have to face your fear. 335 00:22:33,040 --> 00:22:37,079 Suze: You have to face what's true in your life. There's 336 00:22:37,079 --> 00:22:40,280 Suze: only 4 questions here, so here's the last one. If 337 00:22:40,280 --> 00:22:45,879 Suze: I only had 5 years left, what would I fix today? 338 00:22:46,660 --> 00:22:47,329 Suze: OK. 339 00:22:48,449 --> 00:22:52,569 Suze: Can you write those down? Where am I living smaller 340 00:22:52,569 --> 00:22:57,349 Suze: than I should? Where am I staying silent? What financial 341 00:22:57,349 --> 00:23:00,729 Suze: decision am I postponing because I'm scared? And if I 342 00:23:00,729 --> 00:23:04,930 Suze: only had five years left, what would I fix today? 343 00:23:06,229 --> 00:23:08,910 Suze: I just want you to take one action this week. 344 00:23:08,989 --> 00:23:11,589 Suze: You don't have to fix all of those things. I 345 00:23:11,589 --> 00:23:13,589 Suze: want you to look at what you wrote down. 346 00:23:14,359 --> 00:23:16,810 Suze: And then just take one action. 347 00:23:17,709 --> 00:23:21,750 Suze: To reverse just one of those things so that in 348 00:23:21,750 --> 00:23:25,069 Suze: that little area you no longer will have a regret. 349 00:23:25,900 --> 00:23:29,629 Suze: And remember, and I've said this to you before, courage, 350 00:23:29,750 --> 00:23:31,079 Suze: it takes courage. 351 00:23:32,089 --> 00:23:35,469 Suze: To face yourself, to do these things, that's why courage 352 00:23:36,469 --> 00:23:41,369 Suze: is one of the equalities of wealth, but courage, I 353 00:23:41,369 --> 00:23:44,409 Suze: promise you, compounds just like money does. You know how 354 00:23:44,410 --> 00:23:46,829 Suze: when you invest money and then all of a sudden 355 00:23:46,930 --> 00:23:49,810 Suze: the money, your money invested makes money and on and 356 00:23:49,810 --> 00:23:54,530 Suze: on and on. Courage does the exact same thing. Once 357 00:23:54,530 --> 00:23:57,650 Suze: you take some action out of courage, all of a 358 00:23:57,650 --> 00:23:58,810 Suze: sudden you realize, oh. 359 00:23:59,400 --> 00:24:03,439 Suze: I'm courageous, and then your courage starts to become more 360 00:24:03,439 --> 00:24:06,760 Suze: and more, and then you start to do things that 361 00:24:06,760 --> 00:24:10,910 Suze: are stronger, more truthful, more intentful. 362 00:24:11,989 --> 00:24:13,589 Suze: And more freeing. 363 00:24:14,469 --> 00:24:18,729 Suze: You have to remember that your money is not just numbers. 364 00:24:19,030 --> 00:24:25,550 Suze: It is freedom. It is dignity. It is choices. So 365 00:24:25,550 --> 00:24:28,629 Suze: I want you to live so you have no regrets. 366 00:24:28,709 --> 00:24:32,069 Suze: Do you hear me? And I want you to remember. 367 00:24:32,890 --> 00:24:37,530 Suze: And I've said this before many times. You are your 368 00:24:37,530 --> 00:24:44,329 Suze: own greatest rescuer. So until Thursday when Miss Travis joins 369 00:24:44,329 --> 00:24:48,650 Suze: us for another Ask Katie and Susie anything, I also 370 00:24:48,650 --> 00:24:54,089 Suze: want you to remember people first, then money, then things, 371 00:24:54,130 --> 00:24:57,530 Suze: and when I say people first, I mean you. 372 00:24:58,020 --> 00:25:02,189 Suze: If you put yourself first with everything I talked about 373 00:25:02,189 --> 00:25:06,270 Suze: in this podcast, I promise you, you will live a 374 00:25:06,270 --> 00:25:11,790 Suze: life with no regrets, and then you really will stay safe. Bye bye.