The Suze Orman Show Season 7 Episode 18 Unconventional Money Moves

The Suze Orman Show season 7 episode 18, titled "Unconventional Money Moves," begins with Suze Orman answering a question from a viewer who is struggling with credit card debt. She advises the viewer to consider taking out a personal loan to pay off the debt, as long as the interest rate on the loan is lower than the interest rate on the credit cards.

Next, Suze speaks with a couple who are considering renting out their home on Airbnb to make extra money. While Suze thinks it's a good idea, she cautions the couple to make sure they understand the tax implications and to consider the wear and tear on their home.

In the third segment, Suze takes a call from a viewer who is considering taking out a 401(k) loan to pay off their student loans. Suze strongly advises against this, as taking money out of a retirement account can have serious long-term consequences. Instead, she suggests the viewer look into income-driven repayment plans for their student loans.

Later in the episode, Suze speaks with a viewer who wants to invest in bitcoin. Suze acknowledges that cryptocurrency can be a risky investment, but she advises the viewer to only invest a small amount of money that they can afford to lose. She also stresses the importance of doing thorough research before making any investment decisions.

In the final segment, Suze answers a question from a viewer who is worried about their aging parents' finances. Suze advises the viewer to have an open and honest conversation with their parents about their financial situation and to make sure they have all the necessary legal documents in place, such as a will and powers of attorney.

Throughout the episode, Suze emphasizes the importance of taking a cautious and informed approach to personal finance. She encourages viewers to think outside the box when it comes to making money, but to always consider the potential risks and consequences. She also stresses the importance of having a solid financial plan in place, and of seeking professional advice when needed.

Overall, "Unconventional Money Moves" is a thought-provoking and informative episode of The Suze Orman Show that offers practical advice for viewers looking to improve their financial situation.