Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Move Out, or Stay At Home With My Mom?
Apr 2, 2026
A lively Q&A covering risky margin accounts and why borrowing on margin can backfire. Practical talk on whether to move closer to work to cut gas and maintenance costs. Clear guidance on using Roth IRA contributions for emergencies and the hazards of rolling credit card debt into a HELOC. Useful tips on HSAs, tax payments, and proving trust documents at banks.
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Don't Buy Stocks On Margin
- Avoid using margin unless you fully understand its risks and mechanics and are a sophisticated investor.
- Suze explains a margin example: borrowing $10,000 to double shares can double gains or wipe out your equity due to price drops and margin calls.
Move Closer If Commuting Costs Are Massive
- If commuting costs (gas, maintenance) approach thousands yearly, consider moving closer to work rather than waiting for gas prices to fall.
- Suze notes a commuter spending ~$60/day equals ~$16,000–$17,000 per year and a 200,000-mile car likely needs replacement.
Use Roth Contributions For Emergencies Carefully
- You can withdraw Roth IRA contributions tax- and penalty-free at any time, but rollovers are limited to one 60-day IRA-to-IRA rollover per 12 months.
- Suze advises withdrawing all contributions into a money market, pay bills, then return within 60 days to avoid taxable/penalized distributions.