The personal finance guru shares the financial habits that transformed her life.
SUZE ORMAN: Never pay more than you can afford to. Totally stay out of credit card debt. 100% of the time. To always have at least an 8 to 12 month emergency fund, and never finance a car for more than three years. My life has been perfect because every mistake that I made, I learned from it. But I learned I didn’t repeat those mistakes over and over again. So because of that, I learned what I didn’t want to do. I learned how it felt to be in debt. I learned to tell all my friends that I had credit card debt. I learned all these things that I’m telling you, I didn’t come from money. I was a waitress till I was 30. What’s a matter with all of you? Making $400 a month. So for me to go from that, to be a multi multi, multi multi multi millionaire, I’d have to say it quite a few times is because I learned from my mistakes and I didn’t make those mistakes again.
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