Many people are in the dark when it comes to money, and I'm going to turn on the lights.
Suze OrmanRead
The foundation of a financial fresh start actually has nothing to do with money or specific financial dos and don'ts.
Interpretation
What this quote means
A true financial fresh start involves changing one's mindset rather than just focusing on money management techniques.
Suze Orman's quote emphasizes that achieving a genuine financial fresh start relies more on adopting a new mindset and approach toward finances than merely following traditional financial rules or strategies. It suggests that lasting change comes from internal transformation, which opens the door to healthier financial habits and decisions.
Themes
MindsetFinanceChangeMoneyHabits
In practice
Example use cases
During a financial literacy workshop, one could use this quote to encourage participants to focus on changing their financial habits.
More from Suze Orman
All quotes βBad debt is sacrificing your future day needs for your present day desires.
Suze OrmanRead
We are all powerless as children, and money looms so powerfully... we don't grow up to claim our financial power until we look money directly in the eye, face our fears, and claim that power back.
Suze OrmanRead
Owning a home is a keystone of wealth - both financial affluence and emotional security.
Suze OrmanRead
Believing you are worthy of love means that you believe I deserve to be treated well - with respect and dignity. I deserve to be cherished and adored by someone. I am worthy of an intimate and fulfilling relationship. I won't settle for less than I deserve. I will do whatever it takes to create that for myself.
Suze OrmanRead
So many financial dreams are thwarted by the failure to act upon good intentions.
Suze OrmanRead
Similar quotes
You've got to tell your money what to do or it will leave.
Dave RamseyRead
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
Bill AckmanRead
The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.
John C. BogleRead
After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means that going forward, and despite extraordinary past returns, even the top performers are expected to be only as good as a low-cost passive index fund. The other 97% can be expected to do worse.
Eugene FamaRead
Have rational expectations for future returns and avoid changing those expectations in response to the ephemeral noise coming from Wall Street.
John C. BogleRead
When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.
George SorosRead