A Division of NBCUniversal. Suze Orman: How to make the most of $600 stimulus check, Suze Orman opens up about recent health scare: I didnt want anything to be wrong, Suze Orman gives advice for handling money issues during the pandemic. Sign up for free newsletters and get more CNBC delivered to your inbox. This will allow you to get a lower principal balance on the years payments. So when you hear me say W T I. Suze: I'm talking about West Texas Intermediate Crude and it's selling for X dollars per barrel now. Could we afford two? Suze Orman continues to work through obstacles in her ongoing recovery from surgery to remove a tumor from her spinal cord nearly six months ago. If you lower your expenses today, you will have fewer expenses to pay for in retirement. What she went through also highlights the importance of having all of your necessarily medical and legal documents in shape, like a will, plus aliving willor advance directive, a revocable trust, financial power of attorney and durable power of attorney for health care. Suze: and most likely we will not be able to meet the demand come this summer when people start traveling with airplanes and things like that. For all of you Suze Orman fans, this is the tiny island she current owns a home on and says she will retire to: https://www.youtube.com/watch?v=F4mARw7VC4s It is 50 miles east of Ft Lauderdale, FL. You can ask your lender about a recast option, which allows you to apply additional money each year to the course of your monthly payments, said Ray Rodriguez, regional mortgage sales manager at TD Bank in New York City. You have to face your fears. Have you done this? So small gold mines need money. Please explain. (Matt Sayles / AP) As Hurricane Irma churned toward the Bahamas last month, financial-adviser-turned-TV-personality Suze Orman evacuated to her hometown of Chicago. The South Side native has been spending her days fishing in the Bahamas with her wife, Kathy KT Travis, since her CNBC series "The Suze Orman Show went off the air in 2015. What I see is that many households allow their spending to veer off to fulfilling wants more than needs. In the next 24 hours, you will receive an email to confirm your subscription to receive emails You can create that by putting your new retirement contributions into Roth accounts. 2023 Suze Orman Media Inc. All rights reserved. Then, last October, she had trouble walking up five steps onto the stage for a PBS special in Miami. Suze Orman However, they are insured by NCUA, banks FDIC. Orman explained that if you have a 30-year mortgage and youve already made payments for 14 years, you should make it a point to get a refinanced mortgage paid off in 16 years. New episodes drop Thursdays and Sundays. Suze Orman Her doctor told her that 80% of her spinal cord had been cut off by a non-cancerous tumor between C1 and C3, which is located in the neck.