Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Ask KT & Suze Anything: I Want to Give Money to my Grandchildren

Jul 18, 2024
On this podcast, Suze answers questions about bankruptcy, giving money to loved ones, and portfolio suggestions. Plus, they discuss important documents for emergencies, credit card debt, investment portfolio performance, securing finances for grandchildren, and strategic giving. Stay tuned for pop quizzes and more!
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ADVICE

Store Must-Have Documents For Easy Access

  • Keep original important documents in a waterproof, fireproof protection portfolio at home and tell trusted family members where it is.
  • Also keep digital copies with passcodes shared so family can access them quickly if needed.
INSIGHT

Accessibility Beats Secrecy For Emergency Documents

  • Keep essential documents accessible rather than locked away so family can grab them in emergencies.
  • A grab-and-go protection portfolio beats inaccessible safety-deposit boxes when quick access matters.
ADVICE

Get Help And Change Your Money Mindset

  • If you’re drowning in credit card debt, contact the National Foundation for Credit Counselors (nfcc.org) to set up a manageable repayment plan.
  • Stop feeling shame and use affirmations like "I am a powerful woman with no credit card debt" to rebuild momentum.
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