Debt is bondage, which really puts a spin on this whole Fifty Shades of Grey thing.
Suze Orman is one of the top personal financial experts alive. She has hosted shows helping people with their finances for almost two decades, written nine New York Times Bestsellers, and is a highly sought after motivational speaker, as well. Suze Orman: Financial Solutions for You is one of her seven PBS specials. It aired in 2014 and it’s quite straight forward.
The first fifteen minutes Suze takes the time to share with the audience her background and why people should believe her when she says she’s just like them. So if you already trust Suze or don’t care about her backstory go ahead and fast forward to about the fifteen minute mark. The rest of the 70-minute runtime is an extended question and answer session with Suze and it covers a lot of the areas you would expect:
What do I do in terms of an emergency fund? Where should it go, how much should there be? I have lots of debt: credit cards, student loans and the like, how do I know what to prioritize? Choosing between whole-life, term, and traditional insurance? Does it make sense to sell my home? What do I need to know about reverse mortgages? Is it risky to have all your money under one financial institution? If I have a set amount of money what is the best way to invest it? I’m pregnant and I wonder if I should switch my focus from paying off my credit card and student loan debt to investing in a college fund for my baby? What is the difference between good and bad debt? For a young person, what are some wise first steps in terms of remaining financially secure for the rest of my life? How do you decide when to take Social Security?
I enjoy Suze’s approach to questions: asking her own back to make sure she understands the issue well before offering advice. She’s charismatic, her advice is practical and applicable, and it’s easy to recommend this disc for anyone who wants to learn a little bit more about money.
There is a video issue with this disc we need to address. Specifically, the 1.78:1 anamorphic widescreen transfer has some distortion at times. Nothing as bad as making anyone look like an alien species, but it’s not crisp and clear, though I do like the turquoise backdrop and clean palette. The audio is a Dolby Digital 2.0 track and at first I was worried because of the audience questions being relayed through hand-held microphones but my fears were quickly allayed. The levels were well-balanced so no matter how someone holds the microphone you can still understand their questions.
The special feature is a collection of deleted questions and answers which were trimmed to fit the broadcast time. Topics include: strategies for unemployment, long-term care insurance, multiple mortgages, real estate and gold.
You can always learn more about your money, right? So with that in mind Suze Orman: Financial Solutions for You is a good introduction not only to some key concepts but Suze herself.