The Suze Orman Show Season 13 Episode 17 The American Dream Has Changed
- April 26, 2014
- 44 min
The Suze Orman Show season 13 episode 17, titled "The American Dream Has Changed," explores the shifting landscape of the American Dream and how to financially navigate it. In this episode, Suze Orman offers practical advice and insight into how people can prepare themselves for the future and protect their finances in the face of economic uncertainty.
Suze's first guest is a young couple who are struggling to balance their desire to live in a big city with the high cost of living. Suze advises them on how to find a balance between their lifestyle and their financial goals, highlighting the importance of saving money and living within their means. She also touches on the concept of delayed gratification, explaining that sometimes it's necessary to put off immediate pleasures in order to achieve long-term financial security.
Next, Suze welcomes a single mother who is worried about the rising cost of college tuition for her two children. Suze offers her advice on how to save for their education, discussing the pros and cons of different types of savings accounts and investment strategies. She emphasizes the importance of starting early and making regular contributions to ensure that the children have enough money when the time comes.
Suze turns her attention to retirement planning in the next segment, speaking with a 50-year-old couple who are concerned about their ability to retire comfortably. She discusses the various retirement account options available and the importance of maximizing contributions. Suze also touches on Social Security benefits and provides advice on how to calculate the best retirement age based on individual circumstances.
The final guest on the show is a recent college graduate who is struggling to find a job in their field. Suze provides encouragement and advice, emphasizing the importance of persistence and the value of networking. She also discusses the benefits of taking a lower-paying job in a related field as a stepping stone towards their desired career.
Throughout the episode, Suze emphasizes the importance of sound financial planning, both in terms of saving for the future and managing debt. She encourages viewers to educate themselves and seek out resources and advice to help them achieve their financial goals.
Overall, "The American Dream Has Changed" is a timely and informative episode of The Suze Orman Show that tackles important issues related to personal finance in today's economy. Through her practical advice and down-to-earth approach, Suze Orman helps viewers to feel empowered to take control of their finances and secure their own American Dream.