Is it because he's a man? Sorry, men, I know this is the Women and Money podcast, and the men smart enough to listen. I mean, wouldn't you like to be able to just pick up the phone and call me and ask me, should I do this? Shouldn't I do that? What do you think about this? What do you think about that? Wouldn't you just love to do that? And my own family, time and time again, they don't takeany opportunity to call up Aunt Suze, or sister-in-law Suze, or whatever it may be, and simply ask me a question before they do something with their money.Now, I can't explain why I sit here and I think to myself, and I said this to him, what have I done to you that made it so that you can't come to me and ask me? Have I made you feel like I'm just inaccessible to you? What have I done to you? And he just looks at me. I was just with him a week or two ago, he could have told me. 5% cheaper than a 30-year? And he just looks at me like, what?Do you know? Do you have any idea how aggravated I get when my own family makes financial moves that are just plain stupid? And they're stupid, especially since all they would have to do is pick up the phone and call me. And so then I say, well, if you're paying an extra $1000 a month towards it, why didn't you do a 20-year or a 15-year refinance, which would have been. I'm like, are you kidding me? You refinanced to a 30-year mortgage and then so proud of himself, he says, but Suze, I'm paying an extra $1000 a month towards that mortgage payment to get it paid off. I said, Why? Why would you refinance your home? Tell me that you refinanced your home from maybe the 23 years that you had left on this mortgage to a 20-year mortgage? No, Suze, I redid it to a 30-year mortgage. And I come to find out that just two or three months ago, he refinanced his home and I said to him, why? Why didn't you ask me before you did that? And he just looks at me with this blank stare. And I'm sitting down with my brother-in-law, who I love so much. And then it came the day that they were supposed to leave, and it's on that day that everybody all of the sudden asks me financial questions. I was catching fish, the kids were swimming, everybody was just loving it. It's the week after Thanksgiving of 2019 and our Thanksgiving was going so, so great. Put it into savings.In this podcast, Suze shares three recent conversations she’s had with friends and family about their finances. Don't let it sit there just to add up or to use it for next month's balance. Now, the next most important step is to put the money you earned through cash back into your savings account. This way, you'll get cash back for what you've spent, but you won't pay any interest on your purchases. And then - this is the most important step - you need to pay off your entire credit card balance before the due date. Then, you'll need to use your card for groceries, gas and even monthly utility bills. If you use your credit card for regular purchases and pay the balance off at the end of the month, it can actually help you save more.įirst, you'll need a credit card that pays you cash back. But credit card debt is different from credit card use. After all, credit card debt is the biggest threat to financial security, right? Well, it can be. Goodboy Picture Company / Getty Images Use Your Credit Card
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