Bad debt is sacrificing your future day needs for your present day desires.
Suze OrmanRead
Many people are in the dark when it comes to money, and I'm going to turn on the lights.
Interpretation
What this quote means
This quote emphasizes the importance of financial literacy and understanding money management.
Suze Orman highlights a common issue where many individuals lack knowledge about financial matters, which can lead to poor decision-making regarding money. By stating her intention to 'turn on the lights,' she expresses a commitment to educating people about finances, empowering them to gain control over their financial futures and make informed choices.
Themes
MoneyFinancial LiteracyEducationEmpowermentKnowledge
In practice
Example use cases
In a financial literacy workshop, to encourage attendees to seek knowledge about money management.
More from Suze Orman
All quotes βWe are all powerless as children, and money looms so powerfully... we don't grow up to claim our financial power until we look money directly in the eye, face our fears, and claim that power back.
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Owning a home is a keystone of wealth - both financial affluence and emotional security.
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Believing you are worthy of love means that you believe I deserve to be treated well - with respect and dignity. I deserve to be cherished and adored by someone. I am worthy of an intimate and fulfilling relationship. I won't settle for less than I deserve. I will do whatever it takes to create that for myself.
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So many financial dreams are thwarted by the failure to act upon good intentions.
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A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.
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