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Suze Orman reveals the quickest way to erase debt
The Street
Follow
4/3/2025
Financial guru expert offers practical advice on erasing debt.
Category
🥇
Sports
Transcript
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00:00
You need to tell every single person you know how much credit card debt you have.
00:04
Because if you have credit card debt, you have been paying for your present day desires,
00:11
but your costs are going to be your future day needs.
00:14
And everybody thinks that you have money because you go out and you put it on a credit card
00:19
and you treat your friends and you've just leased a car and you've done all these things.
00:23
If you have credit card debt and people don't know you have credit card debt, you are a
00:28
financial liar.
00:30
So the way that you turn debt around is to first stand in your truth and tell everybody
00:37
that you have debt so they'll stop asking you to go out to eat and do all these things
00:41
because you cannot afford it.
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