Latest / Suze Orman's Women & Money (And Everyone Smart Enough To Listen) / Classic Suze School: Are You Attracted to, or Repelled by Your Money?

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Classic Suze School: Are You Attracted to, or Repelled by Your Money? · Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

• 0:07
  Robert: July 23rd, 2026. Welcome to the Women and Money podcast
• 0:12
  Robert: as well as everyone smart enough to listen. Hi, everybody, Robert,
• 0:16
  Robert: the producer here. For today's classic Suze School, we'll go
• 0:20
  Robert: back to November of 2023 and take on the question
• 0:24
  Robert: of do we attract or do we repel money.
• 0:28
  Robert: We'll have a brand new Ask KT and Suze Anything
• 0:31
  Robert: episode for you this coming Sunday. And remember, if you'd
• 0:34
  Robert: like to ask a question for the podcast, all you
• 0:36
  Robert: have to do is email it to podcast@askSuze.com. That's A
• 0:41
  Robert: S K S U Z E.com, or you can ask
• 0:45
  Robert: it in the Women and Money Community app, which of
• 0:48
  Robert: course you can download for free at Apple Apps or
• 0:51
  Robert: Google Play.
• 0:52
  Robert: And now... here's Suze.
• 0:58
  Suze: It was many, many years ago.
• 1:02
  Suze: And I decided to do an experiment.
• 1:06
  Suze: And I had somebody gather a whole bunch of red roses,
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  Suze: single red roses.
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  Suze: And this was in New York, and they went onto
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  Suze: the streets, and they were to offer strangers, as they
• 1:24
  Suze: were walking by a red rose, just one red rose.
• 1:31
  Suze: And as I was watching this person was offering red roses,
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  Suze: and one person would take it, another person would come along,
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  Suze: that person would take it, and before you knew it,
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  Suze: all of the roses, I think she had two dozen.
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  Suze: All of them were gone.
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  Suze: The next part of the experiment was, that she had
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  Suze: approximately 24 $1 bills, OK, same amount of bills that
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  Suze: she had as roses, and she stood in essentially the
• 2:11
  Suze: exact same spot.
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  Suze: And as people walked by, she offered them a $1 bill.
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  Suze: How many do you think took it?
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  Suze: One person passed, did not take it. Another person passed,
• 2:29
  Suze: did not take it.
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  Suze: After approximately 30 minutes of her standing there, not one person,
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  Suze: and in New York, a lot of people pass you
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  Suze: in a 30 minute period of time. Not one person
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  Suze: took the dollar bill. I want you to think about
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  Suze: this for a second.
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  Suze: In a relatively shorter amount of time, 24 people took,
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  Suze: a rose, and smiled.
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  Suze: In a little bit longer period of time, 30 minutes,
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  Suze: not one person took a dollar, and I was just
• 3:11
  Suze: flipped out about that. I have to tell you, I
• 3:14
  Suze: talked about it everywhere I went, when I gave a talk.
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  Suze: I just didn't understand it.
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  Suze: But then I started to realize, people don't like to
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  Suze: talk about money, people don't like to touch money, people
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  Suze: think that something's wrong with somebody who's giving a dollar away.
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  Suze: But they'll take something that that $1 would buy, such
• 3:41
  Suze: as a rose, and that they're willing to take.
• 3:47
  Suze: And so many of us in our lives are like
• 3:51
  Suze: that with money whether we know it or not. We
• 3:55
  Suze: don't mind touching what money can buy. We don't mind
• 3:58
  Suze: touching those things, whether it's our clothes or our furniture
• 4:02
  Suze: or our flowers or our gifts or whatever it may be.
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  Suze: We don't mind showing that to everybody and saying, look
• 4:10
  Suze: what somebody got me. Look at what I just bought
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  Suze: that we don't mind at all.
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  Suze: But yet we don't like to talk about our money.
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  Suze: We don't like to touch our money. We don't like
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  Suze: to say to somebody, Oh, look at how much money
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  Suze: I just made. Look at what I have, even though
• 4:30
  Suze: the couch that you may be sitting on may have
• 4:33
  Suze: cost you a whole bunch of money.
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  Suze: That's not how you see it. All you see it
• 4:40
  Suze: as things. So when something becomes a thing, when money
• 4:45
  Suze: turns into a thing that has been purchased, then you
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  Suze: will talk about it and touch it. But when money
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  Suze: is just money, you tend to stray away from it.
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  Suze: What is that about everybody?
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  Suze: Think about in your own lives, and by the way,
• 5:05
  Suze: take out your Suzie notebooks, you are so going to
• 5:07
  Suze: need it today.
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  Suze: Think about that, everybody. What is it about money, your
• 5:16
  Suze: money that you work for?
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  Suze: That you spend hours, maybe 40, 50, 60, 70, 80
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  Suze: hours a week working for, why is it that you
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  Suze: don't want to touch it, pay attention to it, or
• 5:30
  Suze: anything like that?
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  Suze: If you have your Suze notebook out, that is the
• 5:37
  Suze: question at hand.
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  Suze: So what is it about money that repels you? Answer
• 5:44
  Suze: that question.
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  Suze: And if the answer to that question is nothing, then
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  Suze: I want you to answer the question, what is it
• 5:54
  Suze: about money that attracts you? Now, maybe you need to understand, well,
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  Suze: how do I even know if money repels me?
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  Suze: Do you look at your statements? Do you open your
• 6:06
  Suze: credit card bills right away?
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  Suze: Do you make sure that the dollars, if you have
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  Suze: any of them in your wallets or the $5 bills
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  Suze: or the 10s, that they're all facing the same way?
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  Suze: Do you wait 'till the last minute to pay your taxes?
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  Suze: Do you look at your statements to see what you
• 6:25
  Suze: have in your 401ks or your Roth IRAs?
• 6:30
  Suze: Do you pay attention to things like that when you're
• 6:33
  Suze: watching the news and it's a money segment, do you
• 6:36
  Suze: turn it off?
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  Suze: So many people used to say to me, Suze, I
• 6:41
  Suze: like you, but I just can't watch your show. This
• 6:43
  Suze: is when I was on CNBC and I would say,
• 6:45
  Suze: and why is that? They say, I just can't deal
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  Suze: with money. I see you and I freak out.
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  Suze: Obviously, I'm known as the money maiden, the money lady,
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  Suze: whatever it is that you wanna call me. So when
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  Suze: you see me, you think about money.
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  Suze: And for those of you who can't stand watching me,
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  Suze: it has nothing to do with me, whether you know
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  Suze: it or not.
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  Suze: It has to do with your repulsion of money, your
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  Suze: inability to deal with it.
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  Suze: If that happens to be you, can you write down
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  Suze: what is it?
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  Suze: About money that repels you. On the other hand, if
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  Suze: you're attracted to it, and what do I mean by that.
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  Suze: I mean, that you see a financial segment, and you
• 7:39
  Suze: like to watch it. You hear about the markets, and
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  Suze: you like to listen to it. You like to make
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  Suze: sure that your money, your dollars, and your $5 bills,
• 7:49
  Suze: and $10 bills are all lined up in the right order.
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  Suze: You like to look at your statements. You would like
• 7:56
  Suze: to look at what your individual stocks are doing or
• 7:59
  Suze: whatever it may be.
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  Suze: You spend time making sure that you know that you
• 8:05
  Suze: do not have so much money sitting in a bank
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  Suze: account today, maybe making 0.5% interest or whatever it is
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  Suze: they're paying you. You take the time to take that
• 8:16
  Suze: money out of a bank account and put it somewhere
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  Suze: that's making a whole lot more interest.
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  Suze: You're actually attracted to dealing with money.
• 8:31
  Suze: To dealing with the facts about it, to knowing what
• 8:34
  Suze: are the limits for a Roth IRA or this or that,
• 8:38
  Suze: anything like that.
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  Suze: So, if that's you, write down what attracts you to money.
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  Suze: Because the answer to that question. Whether it's repelling or
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  Suze: attracting isn't about money.
• 9:00
  Suze: It's about you.
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  Suze: You know, I have always told you that money is
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  Suze: just a physical manifestation of who you are.
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  Suze: You're the one who works for it, you're the one
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  Suze: who earns it, you're the one who saves it, invests it.
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  Suze: Money can't do anything without you. So if you are
• 9:23
  Suze: repelled by your money,
• 9:26
  Suze: There is something about yourself that repels you, that you
• 9:32
  Suze: don't like, that you're not dealing with.
• 9:35
  Suze: I just want you to think about that, and if
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  Suze: you are attracted to money, there's something about yourself that
• 9:43
  Suze: you're attracted to.
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  Suze: Chances are if you're repelled from money, you may also
• 9:51
  Suze: have what I call a lack of self-worth.
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  Suze: And I will forever believe that self-worth equals net worth.
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  Suze: And as you get older, and you're dealing with money,
• 10:07
  Suze: you know, it's very easy when you're younger, and I
• 10:10
  Suze: think I told you this before, I gave a talk
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  Suze: to some whatever I did to some kids, and in college,
• 10:16
  Suze: and anyway, that's besides the point, and they took such offense.
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  Suze: To when I said self-worth equals net worth, they said, Suze,
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  Suze: I have self-worth, but I don't have any net worth.
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  Suze: Just cause I don't have money doesn't mean that I
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  Suze: don't have self-worth. Oh, grow up. You're in high school,
• 10:35
  Suze: you're in college, your parents are paying for you. You
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  Suze: don't have to deal with money.
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  Suze: You don't have to go out and get a job
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  Suze: and pay for everything, and take care of a family,
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  Suze: and deal with money. So, don't talk to me about
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  Suze: that you think you know what you're talking about when
• 10:51
  Suze: it comes to self-worth and net worth, when you're a teenager,
• 10:54
  Suze: or somebody else is supporting you. I'm talking about you.
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  Suze: Most of you who listen to the Women and Money podcast,
• 11:04
  Suze: who work for money, who have to support a family.
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  Suze: Who have to deal with credit card debt and inflation,
• 11:13
  Suze: and feeding yourself and that because why it is all
• 11:17
  Suze: on you.
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  Suze: So, if the answer to that question is that money
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  Suze: repels you, then in my book, what that is, is
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  Suze: it's a somehow a lack of self-worth, meaning that you
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  Suze: don't feel that you're worthy enough to know about it,
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  Suze: or you have the ability to know about it, or
• 11:41
  Suze: to understand it, or to do any of that.
• 11:45
  Suze: You know, you can listen to KT on these podcasts,
• 11:49
  Suze: and she cannot know the answers to questions and things
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  Suze: like that, but I am telling you, that woman looks
• 11:57
  Suze: at every single statement that comes in.
• 12:02
  Suze: And our statements are very thick. She not only looks
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  Suze: at her own, she looks at mine. And because KT
• 12:09
  Suze: doesn't like computers, she doesn't do it electronically as I do,
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  Suze: but she does do it. I've come out and I
• 12:18
  Suze: see her with a stack of papers, and she'll say
• 12:20
  Suze: to me, Suze Orman, do you know that we lost
• 12:23
  Suze: x amount of money last month?
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  Suze: Or Suze, why are they charging me $6 a trade?
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  Suze: I thought I didn't have to spend any money for
• 12:33
  Suze: these trades. She watches every penny.
• 12:39
  Suze: Miss Travis may not be able to answer certain financial questions,
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  Suze: nor may you, but who cares about that? Eventually she will,
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  Suze: and even if she doesn't, she does have the ability
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  Suze: to look up the correct answers. She is not repelled
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  Suze: from money. She is attracted to money. That is because
• 13:01
  Suze: she values who she is. She has self-worth. She knows
• 13:06
  Suze: that money is very important, and she knows that because
• 13:09
  Suze: she knows that her survival is important and she values
• 13:15
  Suze: her worth. She values who she is, so she values
• 13:19
  Suze: all of it.
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  Suze: And so she would be one that would be answering
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  Suze: this question by saying, that, yeah, I'm attracted to money,
• 13:32
  Suze: dealing with money, learning about money.
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  Suze: So this is a really, really important Suze School, and
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  Suze: I'm sorry if I sound a little harsh this morning,
• 13:45
  Suze: because it means so much to me.
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  Suze: This is the crux of financial freedom, everybody. This is it.
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  Suze: Once you understand the concept that I am talking to
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  Suze: you about right here and right now.
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  Suze: Then you'll never have as much money truthfully as you
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  Suze: should have.
• 14:09
  Suze: And possibly you'll never have any money at all. How
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  Suze: sad is that? How sad is it?
• 14:18
  Suze: That may be you. You're the one who's standing in
• 14:23
  Suze: the way of being an obstacle to your own wealth,
• 14:28
  Suze: your own financial independence. It doesn't have to be that way.
• 14:36
  Suze: That is your Suze School, so...
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  Suze: There's only one thing that I want you to say
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  Suze: every single day, and it goes as follows. Today, wherever
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  Suze: I go, I will create a more loving, peaceful, and
• 14:54
  Suze: joyful world.
• 14:56
  Suze: And if you do that, you will be unstoppable. Bye-bye now.