Dec 03 2008
Who Do We Turn To During This Economic Crisis?
When I first watched Suzie Orman on television many years ago, I thought, “Wow, this woman is brutal”. As I continued to watch her, I realized that she was giving families the tough love they needed to get their acts together and face their financial realities. The families willingly took the “brutality” because they were in such financial turmoil they would do anything to get out of it. So, they turned to Suzie.
Most families were overextended. Families were living check-to-check or even worse, off credit cards. She urged families to stop living lies, live on a budget, only buy what they could afford, save for retirement, get health and life insurance, stop wasting money on things they did not need, and pay bills on time. Her no-nonsense, tell-it-like-it-is attitude made her the Judge Judy of finances. It also made her the financial expert that millions of people still trust today.
Her message has not changed and unfortunately, neither has family spending. Not only have people not adhered to her policy of “people first, then money, then things”, but they are still begging her to help them once they have reached rock bottom. Suzie can now be seen and heard regularly on television and radio or heard shouting from the covers of some of her best-selling books.
At some point the “American Dream” idea morphed into the “Living Beyond Your Means” way of life. Now that the American economy is facing its worst financial crisis since the Great Depression (with no end in sight), more families than ever before are struggling to make ends meet. The consequences of making bad financial decisions, blamelessly being laid off from work, unforeseeable dwindling 401K accounts, and insurmountable medical bills, are taking many families to the brink of despair. So, we turn to Suzie.
Visit Glue 4 Families for more posts on family life by Davida.
4 Responses to “Who Do We Turn To During This Economic Crisis?”
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I especially like her thoughts on women and money. Women should not v0lunteer unless it is something they love, not out of obligation or peer pressure.
During these tough times we need someone like Suzie to show tough love so we can put our priorities in order to live within our means. Hopefully more people will take heed to her advice and learn how to live modestly.
She’s always had good sound advice that keep bringing people back to her show. She is on the talkshow and business show circuit. I’m glad she is making the rounds and telling people it doesn’t have to be the same old, same old.
I agree. More people like Suzie showing tough love is what we need to whip people’s priorities back into shape.