Quotes from Suze Orman

I think they've been baby bummers.

Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.

Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.

It pays to be a fee fiend.

For seven years after college, I was a waitress at the Buttercup Bakery in Berkeley, and from there I got a job at Merrill Lynch as an account executive, from where I went to vice president of investments for Prudential-Bache Securities. I started my own firm in 1987.

Money is kind of just like air - if you don't have air, you can't breathe. If you don't have money, I don't think you'll want to breathe - you won't want to live.

Everybody in America started to define themselves by all these things they had around them. And all of a sudden it came tumbling down. So the old American dream has died, and that is a good thing.

Look everywhere you can to cut a little bit from your expenses. It will all add up to a meaningful sum.

Structured settlements are a common way for people who have been injured to receive an insurance payout. The periodic payments provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices.

The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance.

Money is such an amazing teacher: What you choose to do with your money shows whether you are truly powerful or powerless.

The key to making money is to stay invested.

The dream of having one's dream job turned into "Oh my God, I'll take any job. I've been out of work for two years now. I don't care what I do. I'll do anything because I don't have any money".

You can never solve a financial problem with money. The only way for you to have a larger net worth is for you to go within to see why you are going without.

Choosing wealth as a goal requires facing everything about your money bravely, honestly, with courage -- which is a very, very hard thing for most of us to do.

The last thing family and friends want is for you to spend money on them that you don't have or that you can't really spare.

It's better to do nothing with your money than something you don't understand.

At the end of your life, you cannot take a penny with you. So what is the object of money if you can't take it with you?

To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.

Although money alone won't make us happy, the lack of money surely will make us miserable.

I have a million dollars in the stock market, because if I lose a million dollars, I don't personally care.

We each focus on what we're going to buy, but that's an incorrect focus. Focus instead on why you want to spend the money on this or that. What feeling in you does it satisfy?

Never, ever invest money that you will need prior to three to five years - minimum.