Suze Orman Says, “Don’t Pay Your Bills!”

[@lionessrising]

If this hasn't affected your career, and income hasn't been disrupted, continue to pay your bills and stockpile cash as well. I'm a teacher and I'm paying all my bills, investing 15% and saving a ton of cash. My 6 months of Emergency fund gives me piece of mind. Thank you Lord.

[@Love-qv9nl]

Lioness Rising, smart 👍🏼

[@msims1081]

Lioness Rising what investments are you making? I’m in the same situation as you, I’m a teacher, so I’m still bringing in money, but I’m not at all knowledgeable about investing, although I’d like to be.

[@ambersocial1293]

@@msims1081 @M Sims Start small. Something like Stash app would allow you to get the hang of investing at your own pace. Also reading books about investing helps too. I started off with a family financial advisor when I came into money and the first thing he taught me was to invest in things that I liked and knew. From there, he categorized several components with my investments. Medical, technology, electricity, industrial, entertainment and banks; then he laid out an umbrella for all six. So if I looked into pharmaceutical I'd choose a company that oversees many brands underneath that umbrella which would be more beneficial. Right now I'm hearing that metals are a good investment but definitely don't be too impetuous. Try to invest when you know that you can allow your money to marinate and when you have some extra cash to do so. Try the site Penny Hoarder as well. Hope that helps

[@franciscofaz81]

I think it’s “peace of mind” teach. 😉

[@dawnadolph9105]

Yes ma'am! Same here. Ive continued paying bills, bought more stock, and increased my backup funds to get me over 8 months. Robinhood is giving a free share away when you sign up. I have that and my fidelity investment brokerage folder aggressively balanced for long term. Be smart folks.

[@ryanamari2233]

She isn’t saying don’t pay ... She is saying pay what you can responsibly .. pay the minimum ... PAY DOWN not PAY OFF .. there is a difference

[@hazhu2153]

At the beginning she said don't pay your bills n later down she said pay the minimum

[@Gaia007]

Ppl take the thumbnail as gospel instead of listening.

[@LondonsLanding]

ryan tabb thank you!

[@JennHayden]

no one with common sense would do that. you can't be serious.

[@Newblessedgrl76]

Right, the title is misleading.

[@wm8673]

The electric bill will still be due. Don't let the utility bill compound on you.

[@cassandra2994]

That is true, but they will not turn off the electricity if you make arrangements.

[@Kim-427]

But,They have a budget amount that you can pay.It pays your current and allows you to put something toward the next month.

[@clove8763]

Not mine. They automatically waived the fee to ALL Customers for one month #GODBLESSTHEM 🙌

[@Learningalphabetandnumbers]

Fpl already raised people's bill instead of lowering it...

[@newwaves8159]

Exactly. Hate fpl

[@mrs.varela920]

I worked too hard to establish my good credit , my bills will get paid thru the grace of God 🙏🏽🙏🏽 May God help us all 🙏🏽

[@rubylimey7614]

Amen! God will always provide for his people. Praying we stay steadfast 🙏🙏🙏

[@serenitycarlos2]

Yes, God will provide. Trust In God.

[@debrawilliams7983]

Mrs. Varela A credit score don't put no food on my table

[@mrs.varela920]

Debra Williams well my good credit has put food on my table 🙏🏽🙏🏽

[@debrawilliams7983]

Mrs. Varela Mine too and not just good credit. I don't have all my Eggs in one basket. If that basket tilts, you're in trouble. Hell, I'm putting on weight. Knock on Wood

[@ShanikaB]

I think a lot of folks missed her message because of the title. She's not saying don't pay your bills...she's saying pay your minimum balance...don't focus on trying to drive down your balance quickly. I know someone that put their entire stimulus check on one of their credit card balances...not the greatest idea right now.

[@silver6479]

THE TITLE OF THIS IS FAITH this happen to me during 911 I lost my job, house, if a person loose their house you have the right to stay for almost a year without payment while it's going trough foreclosure that took about a year for me I am speaking about me. I paid my eclectic and gas with my unemployment credit cards I just sent 25.00 a month I had 3 at the time. yea it was tight But I made it, when my unemployment ran out I got a temp job, This is were your faith in God comes IN God he is in control if PEOPLE believe or not some people have things they really don't need, This could be their blessing in disguise. Now trust in his word STAND ON HIS PROMISES HE SAID I will not forsake you. after all this is over it will not be the same file bankruptcy get out of debt and stay out Now I'm done baby girl share this with whom ever. OH keep your car have to have that to get to work. YOU DON'T NEED A BIG HOUSE 5 BEDROOM FOR 3 PEOPLE. ONE LAST THING NEVER BUY A HOUSE FOR FAMILY AND FRIENDS.

[@FrenchiJ]

silver 64 thanks for sharing your journey, good advice! 🙏🏽

[@FrenchiJ]

Shanika B yes, I was surely confused when I heard her say this on tv. That’s why I was hoping someone clarified this under the KZbin video. She kept saying “don’t pay” & to save. But if you continue to put off everything, we’ll all surely be terribly behind on everything. Thanks for clarifying 💪🏽

[@kimberlyallen764]

It pays to listen carefully

[@FrenchiJ]

Kimberly Allen Listening carefully doesn’t matter if you’re still confused by what someone said.

[@follojesusfj2705]

This has been the best break I have ever had in my life...Some storms have many rainbows. Thank you God!!

[@cmd8602]

Romans 8:28 And we know that all things work together for good to them that love God to them who are the called according to his purpose 🙏

[@velwright2211]

Thank you GOD 💕

[@sexybsexyb1737]

Behind dark cloud is a silver lining.this has bein a blessings in disguise for me.thanks be to god.

[@misspriss2482]

Same. I'm still working so my stimulus check is going towards a car. :)

[@meritofapproval]

Reading the comments makes you realize how little people listened to what she actually said! 🙄

[@wm8673]

Dimitri she said the right thing.. but some people can not afford to skip a month unfortunately. 😉The title is misleading.🤦🏿‍♂️

[@Kim-427]

That's a social media norm.lol People seem to purposely misconstrue whats said because they want to have something or someone to disagree with.lol

[@meritofapproval]

@@wm8673 I do agree with you that skipping payments is not practical for most people, not to mention the added late fees/interest that may result from doing so, but she said to at least PAY your minimum amount due on credit cards, and to try to work out payment delays with others. The (click bate) title may be misleading, but SHE isn't.

[@MM-dv9hp]

WILLFUL IGNORANCE

[@theladymvp]

Dimitri, you’re so right.... Tamron: What about your utilities-do you hold off on paying those? Suze: No. How did people miss that?? By not watching the short video and listening...🤦‍♀️ Sometimes people hear what they want to hear...

[@omokaroojiire]

She has basically told y'all to eat first, then worry about feeding your creditors after you and your family's needs are met!!! Common sense people, the world is in a survival mode, it's better to hold on to cash to meet your basic needs. (Food, shelter, warmth, safety etc). She can't legally tell you not to pay your bill, but she has hinted you to focus FIRST on what will keep you alive in the coming months ahead!!!

[@crimsonchic2020]

Thank you for breaking it down for the people who didn't read anything but the title

[@debrawilliams7983]

Mom Dayo Take care of those WALLS first

[@danawall4848]

Thank you for simplifying it cuz alot of people act like they dont understand what she's saying!

[@MsBadBody]

We are getting stimulus checks for us to spend it and stimulate the economy. That's not gonna happen. Ppl are going to hold on so tight to that money.

[@JesseWifeBot]

EXACTLY. DON'T GIVE YOUR LAST TO SOMEONE ELSE NO MATTER WHAT. IT'S FOOLISH.

[@Qasde423]

PLEASE CONTINUE TO PAY YOUR BILLS IF POSSIBLE... if not, call the company and seek financial assistance such a payment plan, etc.

[@rasta487]

Yep..you said exactly what she did.

[@rashawndamoultrie5426]

@@rasta487 I listened it is not, if you must be kind rewind.

[@flymine1]

discharge discharge discharge 3 ucc 603 (b)

[@rosebloom2214]

Yes unless you want to sit in the dark without running water & heat

[@1990758]

I think the majority of people have money they just want the government to help them

[@chattyash]

Im going to continue to pay my bills as normal. My husband and I always pay a lil extra on our utility bills so we create a cushion for situations like this. We are saving money by not using as much gas, going out to dinner, entertainment or making rash purchases. I will not let my credit take a hit cus I worked too hard for it.

[@asanta2023]

Chatty Ashley nice tips...tfs!

[@tthomas]

Exactly....and we def have been putting money in an emergency fund for times like these!

[@serenitycarlos2]

In February I was lead to pay a month in advance on rent. I made a double payment of $1805, not knowing all he'll was going to breakout and my business shutdown. When April arrived, I didn't have to pay. Now the question is what happens in May. The $1200 promised money from govt hasn't arrived. I can't sign up for unemployment because the antiquated system needs to be reprogrammed for gig economy/self employed workers. And business still shut down; lockdown extended to May 15. Trusting in God, one day at a time.

[@Dee038]

I was planning to quit my job and work part-time this year so I PRE-PAID all of my bills except my mortgage and cell phone so I feel really blessed right now.

[@valandry7577]

Chatty Ashley.....she wasn't referring to ppl like yourself and your husband 🤦🏽‍♀️. Ppl that think their smarter than the conversation they didn't pay attention to, always tickles me🤣

[@oniosunsina6481]

I listened to this woman when I was 19 years old and I'm 50 now and her info is still spot on.....The 8 month emergency fund saved my life when I retired early from my job.....suze is definitely the business

[@careyivery7690]

All she is saying, if you have balances on your credit cards just pay the minimum. Thats not bad advice.

[@rashawndamoultrie5426]

That's actually how credit works if you are aware. Paying off the debt doesn't give you a higher score. Business class lessons teach this. So I guess she was just stating the obvious to the oblivious.

[@janicehuiett4091]

Right, she is not saying not to pay your bills but to pay the minimum payment!!

[@JennHayden]

@@janicehuiett4091 how is this any different from common sense? will she tell us tomorrow that exercising regularly is better than exercising once year?

[@MsJoyce31202]

@@JennHayden 👍

[@lauradurham1913]

Carey Ivery / this is not bad only if I can get 0 interest, I am gonna call the credit card company now😷

[@focusedfreebird]

If you have a yard, balcony or patio, start growing vegetable in pots or in a strip of yard area. Grow your food. Do it!

[@lorettaparish1352]

My husband and I definitely have a nice size backyard and a deck and we've spoken on that...Unfortunately our major problem is...Wayyyyyy toooooo manyyyyyyy stray 🐈🐈🐈🐈🐈🐈🐈🐈🐈 running around in our neighborhood and our county Animal Control is a joke🃏😡😡

[@jtaj6437]

She didn't say don't pay your bills, she said pay the minimum payment, don't lie.

[@dimediamond]

The don't listen to hear, they listen to respond. Everyone has a different circumstances. She is saying communicate with debt collectors and be strategic with the money u have. ❤

[@gmoneynwb04]

Yea but utility bills don't necessarily have a minimum. Either they are giving you a grace period where no late fees/disconnection of services will occur or you owe what is due for the full billing period. It will still be owed either way so it makes since to chip away at it month by month. It's good that she emphasized touching base with each company to work out some kind of payment plan or to make them aware of your specific situation.

[@dimediamond]

@@gmoneynwb04 utility companies also have monies alloted for hardship you just have to ask them. Its not publized but they have programs to help during emergency circumstances.

[@toyaamos]

Just pay your bills as normal folks. Most people not paying their full credit card off monthly anyway. Pay what is due and keep it moving!

[@lisasapp2466]

J Taj totally agree with you 👍🏽

[@talexander2302]

IF YOU HAVE THE MONEY YOU BETTER PAY YOUR RENT AND YOUR BILLS because eventually IT WILL BE DUE ALL OF IT and then you are going to be in an even BIGGER BIND.

[@shns3ma]

Tamra Alexander so true.

[@minniethemouse62]

Tamra Alexander Especially student loans...It’s understandable that some people may have to make tough choices but if you have it, pay it!

[@Dee038]

Facts

[@mariascales1682]

For sure 👍

[@Drhuntley]

I pay my bill with my passive income since I got into the trade market with 6k capital, so far I can boast of more than five figures saved in eight months what a time to be alive!

[@abskoodhiambo2111]

How do you achieve that ma’am. I’m interested on how to make profitable trade investing in the trade market.

[@Drhuntley]

Most of my colleagues thought it was a wild goose chase when I told them I was making over 5 figures off the trade market, although it wasn’t all by myself but with the help of a trade analyst Hestrel Egan. That’s his whatsaap for help [phone]

[@Lfgyf]

I will take delight in doing it myself as I believe that’s the whole point in trading, and learning to make money from it.

[@McPhersonz]

I wanted to learn how to do it myself, but I believe in mentoring, I’m only getting a rough sketch the framework. I’m most certain that I’ll make profit but I’d rather derive joy in making my own trades rather than collecting.

[@jeremyfoden9251]

I indeed did as you said and reached out on messenger. I carried out my research and found his webpage Hestrelegan . Info I’m indeed glad to have taken you advise on here.

[@CorneliaS0308]

This lady is probably sitting on good cash. Not all of us are blessed like that so ppl pay your bills. I paid off all of my credit cards and other bills up til June because I want to come out of this financially good. 🙏🏽 god bless you all

[@drginawalker2260]

I paid my credit cards off and I'm glad I did.

[@TheBeautyRebel]

we are thinking the same , i refuse to come out of this owing more than i should.

[@abesapien9930]

You're missing her entire point. It's exactly poor people who shouldn't pay their bills right now bc it's better to have debt than to suddenly have no cash and be on the street.

[@MSFREE2U]

She’s absolutely right! Think about it. She’s not saying don’t pay your bills, she’s saying use your money wisely and if you need help....ask especially if it’s available to you. In laymen’s terms....DO WHAT YOU GOTTA DO! Y’all be safe out here

[@HHHH-lw2do]

Thank God, I am so blessed, I was able to pay all my bills, paid all my bills,Rent, gas, electric, etc. Thank you Lord!! My mother used to tell me all the time growing up to always put something away for a rainy day!!

[@TASconfidential]

Many utility companies have options, such as payment plans, AND many states, cities and municipalities have placed a moratorium on utility shut offs. 1.) Pay the minimums on your bills 2.) negotiate with the utilities. 3) Save as much money as possible. Also file for ALL of your benefits!!!! Don’t be ashamed to get unemployment, food stamps, etc. you worked and paid into the system, so benefit from it!!!!

[@adelgado75]

As she said, for those that don't have a cushion, remember this and learn from it. SAVE! SAVE!

[@Iwasherepodcast]

adelgado75 invest invest invest

[@lynettemccormick6169]

I had just gotten a job. I saved some money and I used it on bills before the stimulus. I was told not to go back to work till further notice on march 14th. I cant get through to unemployment and im gonna lose my home.

[@joangivens4324]

I’ve been doing that for years, hold on to my cash, pay minimum, I already bought my house, my stimulus going to the bank

[@im2oldforthissht]

She's right to call your bill collectors. They definitely won't volunteer to tell you that they will work with you, you have to ask. I did and had most of my bills pushed to another month and some even reduced and pushed back.

[@cassandra2994]

Same here!

[@DynamicallyDC]

Very true!

[@Hollablackgirl93]

Yes, that's correct. I work for a large insurance company, we will not offer you financial assistance, you have to ask.

[@JesseWifeBot]

Facts

[@rubylimey7614]

Her advise does not apply to everyone..if you can pay your bill pay it! Bill collector's will want their money eventually. In the meantime try to minimize your utilities an look for ways to cut other expenses since no one knows how long this will last..Praying for all🙏🙏🙏

[@princessbabe1313]

She literally said in the video that this is advice for people who have no money and need to prioritize food etc and have no other choice

[@vusviews]

Many people clearly didn’t listen to the entire video. She made MANY great points.

[@UGOOMERO]

I thank God everyday I experienced 2008 as a college student. I knew to put a little away for a rainy day. 🙌🏽

[@catriniasmith4833]

Your average person is not good as it is with credit cards. I use to be in credit card debt. I got out and only used my bank card with my own funds. Not a good idea for the careless.

[@forevergrateful8209]

She isn’t say don’t pay your bills. She’s saying Pay the Minimum Payment Due. That’s good advice.

[@gregorycarson3889]

If you’re working,the stimulus check should be used to get ahead in some bills are help get out of debt

[@kayishathompson6607]

100% agree

[@blueseptember2174]

Or for emergency fund before debt

[@bigspoon7984]

1. pay rent or mortgage. If you become homeless after the quarantine - game-over. Think outside the box. Double up if need be - i.e. 2 tested couples living in a one bedroom/studio. 2. Food. Go cheap and eat as healthy as you can. But buy cheap, cheap, cheap. This is not forever; but maybe for 12 months. 3. Pay utilities. 4. pay the min on credit cards - but do not over use. 4. Remember, the bank, the landlord and the utility company may attach late fees after everything is said and done. Do not believe them when they say - don't worry. Get every agreement/waiver in writing.

[@Catsophia33]

big spoon absolutely agree! I work for a property management company and after all of this is over, we’re going to start the evictions. So if you don’t have the complete rent amount, call your landlord or management company and make a payment plan so you are not put on the eviction list or you are at least saved from it for some time.

[@MeekSpirit1]

Guess it depends on the state because the landlords ARE NOT supposed to charge late fees. My sister's landlord tried that game and got shot down. Someone at the rental office told her when this shutdown started last month that she would have to pay late fees and they would start eviction proceedings if she was late. I told her to call the State Housing Authority or whoever she needed to and report them. She didn't do it, but someone must have done so. She received an email from the rental office the next day saying the late fees were suspended and no eviction proceedings would take place. Check your state rules about that and call whoever you have to - the governor, his wife, dog, whoever to get that mess stopped. A lot of the rental companies are trying to get over on people who are vulnerable.

[@debbiedoodiedandi]

Yeah... I think she should've said "call your debtors first", instead of saying "don't pay your bills"

[@rebeccairl2290]

yes, saying don't pay your bills is misleading.

[@missctra]

Not paying your bills right now is the main topic tho but if you listen, you will learn that she does tell you to call your creditors etc. first. If someone only sees the title and run with it and don't click to hear how to go about not paying, then shame on them if bills don't get paid without first calling creditors to let them know you are at a hardship.

[@Dyamonde777]

I sent this video to my family, I had to stress listening to it first. Not a good title , deceiving.

[@sylviadavis2208]

@@missctra exactly thank you. Read and listen

[@givitwome]

Title is misleading. She is saying pay the minimum on your credit cards, call utility companies to delay paying, and mainly hold on to as much cash as possible

[@The1stClassVillain]

Change the way FICO scores credit scores. It’s no reason why your credit score should dip because of hard or soft inquiries on your credit report. FICO need to be overhauled.

[@sabrinamariesayre]

But you still have to pay them down the road..... pay your bills people!

[@goldenbowl1046]

In the past 2 months my fico score shot up by like over 30 points...I’ve been steadily doing well even in the midst of this corona virus bulkshit because I’ve learned how to be adaptable with my money and bills during these last 4 years...all that pain and suffering from the past is paying off for me now bigtime

[@Sanc8344]

It is so sad because if you can't discern that this life goods are temporary.You are missing why this plague is in the world.Repent and take up your cross and follow Jesus.

[@EleaseLLC]

Marie💯🙌🏾

[@winniejohnson5559]

Marie you mean well but your message is bad timing.. it lacks empathy in a sense.. it doesn’t ease the financial woes that people are suffering including christians..

[@geebee1514]

Amen! No excuses. You're not too busy now. God got everybody's attention. Just acknowledge Him.

[@tmoore5189]

AMEN

[@theladymvp]

True. And I understand empathy, yet I’ll still add: if not now, then when? When’s a convenient time to speak on this? We (including myself, a believer) weren’t fully prioritized the way we should have been before this, and even now, some still aren’t. *There’s no convenient time to repent. We just have to do it.* Hopefully we are taking these warnings and doing what we should.

[@maridee4476]

If you can pay your bills right now then that's fine but if you lost your job and you can't fully pay make a payment arrangement. She's right, it's worked for me. I don't see anything wrong with her message.

[@lipstickandbooks.]

Credit card companies won't hold off on interest!

[@Dee038]

I called and they will “freeze” the account which means that if you pay, it’s 0% interest. You must call!

[@taniyasmith9439]

Lipstick & Books because they want money

[@Sheeba1982]

If they do you will have had to have a stellar payment history. Nothing wrong with asking tho.

[@egbeetchu]

Dee038 so I can call capital one and tell them to freeze my account and then still go and pay so the interest is not accruing? I just want to make sure I understand. Because am calling tomorrow

[@Walsh25]

Egbe Etchu try it don’t hurt credit cards are big in working with you

[@kelligirlnyc9763]

Not everyone is in this situation however paying minimum amount due is not a bad thing but I would be very careful using a credit cards right now for anything if it’s not an emergency no matter what you will still be responsible for paying it at the end and you don’t want your credit score ruined. I do agree with her that everything should of been frozen such as credit scores, interest rates and such I believe it would of been a big help. Good Luck Everyone and whoever needs to hear this...You are not alone in this..try to be strong and God Bless! 🙏🏻

[@misterhot9163]

I swear the earth shifted when Suze said to max out credit cards.

[@vickylanding2830]

😳😳😣

[@pamellacupid9254]

This is bad advice people if u can pay ur Bill's. While people always think they have the answer to everything...I will always pay my Bill's until otherwise

[@rosebudd7170]

Exactly. My mortgage company approved 90 days to pay; however, I was already a month behind when I got my stimulus check I called the mortgage company and paid March and April. The Representative said you don't have to paid until July. I made my payments. This year will be my 13th year in my home and it hasn't been easy Thank God for everything. Also called the credit card company made arrangements. Always keep cash on hand. Make arrangements with your creditors, keep and maintain what you have.

[@tb100875]

Advice that will get you so behind you will lose everything. I thought she would know better than that.

[@DaLane4real]

Thank you, as long as you are able continue protocol before COVID-19 happened pay your bills on time.

[@masonpatrices]

You ain't listen to nothing she said....

[@bridgetts4767]

@@masonpatrices right! She never said do not pay your bills. These people obviously didn't watch the video or hear anything she said. 🤦🏽‍♀️

[@summerskysky4269]

Pay your rent or mortgage don't get behind with that to the point you have nowhere to live. Save as much money you can. Stay safe and blessed everyone.

[@charlotteknutsen7262]

After reading a great deal of comments here, I do see that many viewers took her advice totally the wrong way....she's saying PAY YOUR MINIMUM balance. Do NOT pay anything off or try to lessen balances on credit cards. She is NOT saying "don't literally pay your bills".

[@luvnnitraII]

2008 was a nightmare! Far different than now. Suze is so right. NO ONE would wait or work with you.

[@ahutton49]

Being debt free in this madness is such a blessing. Hang in there if you’re not. I was in a mess during the last financial downturn and it sucked. I told myself then it would never happen again and I paid off all my debt last March and am working on saving 6 month living expenses. I half way there and by December my Opportunity Fund will be fully funded. I get what she’s saying but be careful and only use your cards for necessities. Learn from my mistakes. Peace and Blessing to one and all.

[@shaneiapearson6977]

I understand what she's saying. But it's gonna be hard to put cash aside after this. It's almost impossible to save before this. People live pay check to pay check

[@jdm4998]

Start small. If you get direct deposit have it set up that $20 go into a savings automatically. You won't miss it if it's taken out automatic. Another thing that can help is to budget. Budget in fun money, clothes and hair whatever but you live within that budget. Just some ideas. I've listened to Dave Ramsey 7 baby steps will get you started. Search him on you tube. In no time you will have 3 to 6 months worth of expenses saved . Be determined, it's not impossible.

[@jodynanci]

I used to be so scared to pick up the phone and call those companies until I realized they don't even know what I look like and they definitely don't know me so why should I care

[@Patricia72260]

Sorry I am paying my bills.

[@barbarawicks5026]

Me too

[@khall4573]

I am too!

[@vickylanding2830]

God bless

[@MultiBrandyj]

This title is so misleading. I almost didn't click on it.

[@twinborn3850]

Brandy Flynn right

[@aastanton251]

Ditto!

[@kiana7143]

Right! I only clicked on it to see what was wrong with Suze to give such bad advice.

[@tishadoman1837]

They will do ANYTHING to get you to watch

[@genxnomad1978]

Me2. I must have scrolled up and down 5 times before I finally decided to see what she had to say 🤷🏾‍♀️😂

[@sandrasmith8071]

I thank god that I'm able to pay my Bill's, do what works for you

[@fishlips90210]

Paying the minimum only makes your credit worse. Your credit score is based on how quickly you can pay the money back; not on how long you can put it off.

[@Machenziethemodel]

I’ve always done this. I paid everything off once but then I didn’t have any money left and of course something came up.

[@sauceapple5537]

I thank G-d that my mother formally sat me down when I was in college to listen to Suze Orman.

[@moniquemcguire6883]

You don’t know what tomorrow might bring. Even if you have the money now you may not have it months from now. Hold on to your cash!

[@tjones2550]

Thank you! That's all, she saying!

[@markbrown5117]

I know a couple that is planning a vacation for 2021 but to cut cost, they are staying with friends.

[@IamRoxie2022]

That’s very bad advice. If you can- continue to pay your bills. If not, try to work with your bill collectors.

[@Learningalphabetandnumbers]

If I am not getting it free for the month, I am going to pay my bill! I would not like to pay a three months bill in one. Pay it now once u can afford to!

[@nonenone2275]

@@Learningalphabetandnumbers if everything goes back to normal tomorrow the bill collectors can't expect you to pay them all in full right away. Everyone will be given a grace period due to the pandemic. Save your money then worry about paying bills when things start getting back to normal which is no time soon. Save and think of a way to invest in yourself and be the boss you were born to be. Be safe.

[@arleneaugustahair8393]

None None that’s definitely not true.

[@lucysmith8326]

None None I really really like your way of thinking!!

[@nonenone2275]

@@arleneaugustahair8393 you know it all I should've kept my comment to myself lol

[@freshencounter]

Really great advice! My accounts were totally open to deferments which means no late fees no penalties. I’m only paying what I have to. She’s so right about using your cards and saving your cash. You can always pay your cards off later, but once you’re out of cash, for some of us it’s means we are out of money! She’s totally right about interest rates cause the banks are covered, and yes! It’s totally not okay that working class people will have their credit scores impacted when this is it their fault. It’s something to witness who we pay taxes, and watch that money bail out big corporations, when in fact if split that money between all of us, we would pay our bills and spend it, which would boost the economy without leaving anyone homeless or hungry. I’m feeling it for all the low wage workers, without insurance or sick pay, who keep our economy strong.

[@elmobolan4274]

All she says is right, I did exactly this, I have no cc debt, the house will be paid next yr and I have 1 yr emergency fund...

[@Paradiselife-13]

I love suze, she always helped me for years....she looks good, hasn't aged at all

[@lhudson3226]

Pay the minimum, cut the utilities payments in half. But if u can pay all pay it.

[@jaeshasway]

I inadvertently didn’t pay my electricity bills and they had been due since January. Last Wednesday I woke up to no electricity confused thinking I had set up auto pay online back in January but I hadn’t. I was very shocked that they had not already turned off my power. Thankfully a quick call and payment restored power in 30 minutes.

[@simplemealsbytvlog6491]

I am agreeing with her, this should start people on a clean slate

[@sheriharris7635]

She did NOT say “don’t pay your bills” she’s suggesting not to pay off debt right now but pay the minimum and keep the rest for now.

[@NaturalVeganMama1]

I’ve been saying this. Save that check!

[@TaWandaJoyner]

Great Advice. This advice is for people who are living paycheck to paycheck, Not for those who don't have money issues. Being that COVID-19 has set a new precedent some don't realize that truly reputable established companies will Not be charging late fees nor reporting to the credit bureau as it is totally inappropriate at this time. They would never see a dime of the money if they did & it would only cause a rise in bankruptcies. Like Susie said people need to call their creditors if they are having issues & work out something. It's Survival & Common Sense. Now people who have addictions & pay for their addictions b4 their expenses will continue to have problems as well as those with overall poor stewardship skills.

[@m.d.mcgill4067]

I used to love Suze Orman. Now, she sounds so detached from regular people. She is talking like it's all so easy and everyone will automatically get unemployment insurance. Not when phone lines are blocked and websites are down and NOW dept. of labor is "determining eliegibility". Easier said than done, Suze.

[@MrHicks-lo8vn]

Great interview! Thank you sister Tamron, I love you! Thank you Ms. Suzie for the excellent advice!! I will make the necessary calls!

[@ellejaydotson5406]

She said the following to poor people, “save money in an emergency fund that will last you at least 8 mos and, if need be, borrow money from friends or maybe they can gift it to you.” Huh?! Most poor people know other poor people. Saving money and knowing people who have money you can borrow is an oxymoron when talking about POOR people. Who the heck does she think she’s talking to? People like her are delusional when it comes to the financial ability of poor people.

[@annterrywilliams2304]

Respectfully, not all people are the same---including the poor. I do understand your point though. Hopefully, this pandemic will teach all of us about saving money, spending with awareness and adopting a more frugal, simple lifestyle!

[@SeekingGod247]

AnnTerry Williams your comment should be the top comment! Live below your means! Many of my family members practice this! It never fails!

[@keithr2835]

Many "poor" people still seem to have money to buy a smartphone with data plan, stop and get fast food, stop and buy snacks at 7-11, etc. $10.00 per day adds up to alot after 1 month and 6 months.

[@ellejaydotson5406]

Keith R - You’re as RiDAMNdiculous as she is. What you just described is NOT a poor person. What you described is a person with SOME discretionary income and, if managed like a miser, they could probably save a few months, not 6, but a few months of emergency money. If a poor person did not do nor had any of the things you mentioned, they STILL couldn’t save 6 mos of emergency money. Not with the minimum wage and tax rates being what they are. So stop it! That said, NONE of what you said, makes what she said make any more sense.

[@TASconfidential]

Saving money has nothing to do with wealth. My grandparents were working-class people and paid all of their bills, and saved TONS of money. Saving is a very realistic idea and it’s possible. People need to just discipline themselves and stop wasting money. Here are 10 major mistakes your average poor person wastes money on: 1.) Fast food (eating breakfast, lunch and dinner at home saves tons of money, and is healthier) 2.) sneakers 3.) unnecessary services (nail salons, hair appointments, car washes, barber shops) I’m not poor, but I do most of these things myself, and people always ask me for “recommendations”... lol 4.) blowing their income tax refunds (do you know how many “poor” people with kids get about 5-10 THOUSAND dollars in refunds and then blow it all by the end of the summer? They literally blew their foundation for savings!!!)

[@PolkAudio-dv3bq]

I used the 1200.00 to help pay off my credit card. Paid in full. Great feeling

[@dd6228]

I think all interest rates should be 0% at this time....

[@joycewhite1255]

I will pay all my bills cause my credit is very important she sound crazy I’m going pay my bills on times that important

[@sherburck]

Credit card interest and payments should be frozen until the economy gets going again...they have done nothing to help Americans

[@TV-fl9ul]

Exactly!!!

[@raulsada9080]

Best advise I ever got from a wise man is live within your means don't overspend if you can don't get credit cards don't keep up with the Joneses credit rating is just a number pay cash always cook your meals stay healthy and try to save your money in this age of image is everything and we are use too seeing that on TV and social media it's a illusion it's a great lesson for all of us reality is hard at times but discipline is everything even without this lockdown

[@ceceliadavis478]

I always have heard her say that the smart way to live is to have 6 to 8 months of emergency fund ready at all times because you never know so prepare ,a lot of politicians and wall Street are saying after 2 months of shutdown the American economy is doomed if we don't open,where is the US emergency fund are you saying that every day people should plan for emergency but the greatest economy in the world don't have to.Just something to think about.

[@Mill-33]

💯

[@readingsbycara]

*I ♥️ Suze Orman.* Thanks for bringing her on. #staywell everyone.

[@busch028]

I wanna hear her say, “cash rules everything around me, cream get the money, dolla dolla bills y’all” in a very calm voice.

[@flatbedladyv2191]

I was planning to pay down my cc bill with my unemployment so i can get rid of it but now im going to just pay the mins. And save the rest until i can get a job...she is right!!

[@CA2SD]

I’m a subscriber but this title is misleading and irresponsible. She is stating worse case scenario. I agree with Orman, about freezing FICO scores!

[@TheKalebElijah]

Listen if you have the money to pay your bills pay them!!!! As far as your credit cards if you can pay your utilization to 30% or below do that THEN pay the minimum. Don't listen to these folks coming into our community saying don't pay your bills or get unnecessary payment plans that may require a lump sum of money when it's due again. That's what your money is for to take care of your responsibilities. Now don't go charging and buying stuff you don't need but take care of your essentials if you can.

[@lizamedia1015]

If you pay only the minimum on your credit card bills, you will end up paying more back to the bank due to interest.

[@LynRuiz]

Those with high FICO and good scores will still suffer in the future. When drop down to minimum payments your utilization increases. Also, participating in the forbearance programs with creditors puts you at risk of closed cards, reduced credit limits, and frozen accounts.

[@jackiegillyard758]

In not buying her logic at the end of the day all those bills come due.

[@antwionlewis]

Get out of debt! Owe no man nothing but to love one another... Bills piled up down the road!

[@chrisoffersen]

Dropping interest rates to zero seems extremely fair considering the Fed’s recent actions.

[@antoinettewood9898]

Chris Ashton Yes..... if they would do that. We could all get of of debt👍🏽

[@distorbia20]

This has been horrible time for many mentally and financially. For my family it has been great connecting, making memories and resting before our third child came June 2020. My heart goes out to anyone struggling during Covid times

[@sherryhill7818]

Some creditors have hardship cases you can apply for to lower your monthly payments.

[@HK80sbabii]

The credit/Fico score is a BIG factor! I’ve been struggling to figure out whether to hold em or fold em. While I am still gainfully employed and have a savings emergency fund as she stated I am not catching a break on finances anywhere. I’ve been paying the minimum on my cc the last 60 days but my credit score is taking a nose dive as a result. Where the pandemic is not hitting some of us financially it is still an emotionally trying time. And I feel we all deserve a break so I created my own. I don’t want to regret it down the line but it would be nice if companies across the board were able to grant financial grace for all.

[@antoniojohnson3925]

All you people saying pay are just assuming everything is just gonna go back to exactly what is was before. None of u know where will be in 2 weeks. I say hold onto your money regardless as long as u can especially if there are no late fees or penalties accumulating. Courts and credit report agencies are closed HELLO! Hell the IRS is closed. Keep yo money people this economy is going off a cliff fast. Just look at oil prices it is the clearest indicator of the economic situation not to mention 26 million unemployed.

[@christinecoleman6460]

Thanks Suze I have always watch your programs on Channel 11. I did save up for eight months for back up since I was laid off. I have contacted my credit cards to lower my interest rate. I only have one credit card all my other credit card accounts are at zero balance.

[@cordbarnes]

I don’t know about y’all but when I move my landlord is gonna write that letter saying we never missed a month; not even when the world ended. 👀

[@cordbarnes]

Teapot Inc That is very understandable. I should have been more sensitive to those who may not have the resources to keep paying. I believe that it’s a smarter decision to keep paying only if you can and plan on moving after this whole thing is over. On another helpful note: For anyone who may be hard on funds during this time, particularly independent contractors, look into paycheck protection loans for small businesses; independent contractors are eligible too. Don’t skip payments just because you can; skip them because you have no choice. It will make it harder for those who actuallly need to skip go catch a break if people who don’t need to do so anyways. Best of luck to you OP!

[@louserianni6661]

My thoughts are by paying my bills I’m helping the situation we ALL are in.

[@verahoward9422]

Very true. Save that money.

[@TrueMiThompson]

WHEN THEY TELL YOU TO GO LEFT PLEASE GO RIGHT!!.

[@melthomas6519]

Rough & Rosey Tu Exactly

[@serenitycarlos2]

Yes, like when they said don't wear masks when the rest of the world are wearing masks. Trust In God and lean not to your own understanding. It is clear the administration cares about Wall Street/Economy. The Pro-Life party has become the Party of Kill Grandma To Save The Economy. 🤧🤕😷😪

[@NutsNBerries]

Exactly

[@jregret123]

She is telling us the opposite of what she would normally say, because of the world situation at the moment. She us telling you to focus on your current survival first.

[@honorthelegend1]

For those of you, who have lived paycheck to paycheck and have nothing, save save save. When you start working again save save save. I really hope people remember how unsure and uncomfortable they were in this pandemic.

[@aprilaskins3090]

Title: I know u lying!!😬😬- listening to it: your so right!...what was I thinking🤦🏾‍♀️

[@joennjala1666]

Beware some credit card companies can lower your available credit amount and then raise your minimum due to a higher amount because you now are maxed out, I think this is a sneaky way to keep you in longer debt while paying 3 times the amount that your minimum amount due used to be.

[@Soshesaysjessica]

I get it, honestly all my bill companies have been working with me. I even got a refund for something they shouldn’t have processed at this time of crisis.

[@IAMDENISEPORTER]

Susan going to have y’all on the streets 😂

[@IAMDENISEPORTER]

Dennis Expose 😂😂😂

[@noorthelight7037]

Suze Orman is right. They should freeze the credit score for people who have been paying for so long are not defaulters and I agree with her that the interest rate should be zero% during this international crisis. Intelligent suggestion.

[@sandraallen7583]

IF GOD HAS BLESSED YOU WITH MONEY AND WEALTH TO PAY YOUR BILLS... THEN PAY THEM... THE BIBLE SAYS... "OWE NO MAN NOTHING" ... AMEN AND HALLELUJAH... 🙏 📖