Oklahoma Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
What do you guys think of Suze Orman?
I'm so slow, I know. I JUST found her podcasts online and am hog heaven, happily downloading away. Any of you have any thoughts about her?
Re: What do you guys think of Suze Orman?
I always think of that girl on SNL who makes.fun.of her dramatic.pauses. And it cracks me up.
I think she's pretty DR-ish. Except she does worship at the altar of the great FICO.
Homegirl needs to lay off the self tanner.
H and I used to watch her sometimes late at night but she is just like the financial version of Nancy Grace to me.
I really like Suze Orman. I got addicted to her about eight years ago when she would appear on Oprah. I bought a book of hers and used it to guide me when buying my first home. At the time, she was the only person that mentioned over and over again that most people were overspending on their homes and other assets. And guess what??? She was right!! She advises people to think like a CFO when managing their finances - which is obviously what draws me to her.
The biggest difference between her and Dave Ramsey is that Ramsey is extremely debt adverse. When thinking like a CFO, though, you take advantage of debt to make more money and that's what Orman advises. She does assume that her client base is more financial savvy than Ramsey does, though.
Anyway, other than the too orange skin, I give her two thumbs up. As I said before, I have been a follower of hers for a long, long time and I LOVES her.
I don't really like her. Sometimes I watch her show, but really it just usually makes me mad.
I went to some business thing back in the days when I was working and she was a speaker. It took everything in me not to get up a leave becuase I totally disagreed with pretty much everything she was saying.
OH, I am curious about this as well! She's definitely not debt adverse - in fact, she encourages debt in some cases - Shansbride is pretty debt adverse - is that is?
That's most of it, Stripes. I have heard her tell callers during her "Can I Afford It?" segment to buy things when they have tons of debt. Of course it is student loan debt, which Suze seems to want to keep around forever because it is generally low interest, but I still don't see how it is okay to spend a ton of money on a trip when you have more than your income in student loan debt. It just doesn't feel right to me.
When I went to that thing she spoke at, she was telling people that they needed to have credit cards and use them every month and keep a small balance on them to raise their FICO score. I just don't see CC debt as being a good thing.
I also read a few years back that she does not practice what she preaches and that really bugs me. Her defense was that she had a lot more money than most, which I imagine she does, but I still think if you are going to tell other people to do something, you should be willing to do it too. I know Dave Ramsey does what he tells others to do and he has a lot more money than most too. I don't know how true any of that is, but it just sort of added to my dislike for her.
Now, with all that said, before I "met" DR, I pretty much did what Suze Orman says even though I didn't know it (minus the CC thing). We had CC that we paid off in full each month, we had loans on our cars, house, and student loans. Then I started listening to DR and his words just made more sense to me than what I was doing. I figured it would be a lot easier for me to stay at home once we had kids if we weren't sending so much money out each month and that really appealed to me. I know that he is pretty extreme, but I love not having to make payments every month and not getting a CC statement in the mail.
Ok- that makes sense. Debt averse vs debt less averse.