Awareness Fridays: Easy Reading — Personal Finance Advice from Suze Orman

I’m a BIG fan of Suze Orman simply because she gives practical advice on personal finance. I try and catch her show every Sunday on CNBC (here’s the TV schedule). I happened to read this recent interview with Suze Orman where she answers questions posed by a group of personal finance bloggers. Though some of the questions are specific to the situation in the United States, her answers/advice are generic enough to be of value to a wider audience. I urge you to read it in depth and identify your personal takeaways.

I particularly like this advice — having been down this road myself.

My advice to people who were once in credit card debt and now they’ve gotten themselves out of credit card debt is I would literally cut up all of my credit cards. I would not be carrying them…

You won’t find my credit card in my wallet. Therefore, I can’t lose my credit card and I can’t charge a rupee on it. Stress free and honestly liberating. You’ve got to try it.

Awareness Fridays is my initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.

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