Suze Orman, financial expert behind the Women & Money podcast, recently shared a deeply personal lesson she learned from her life-changing health battle. After undergoing surgery to remove a tumor from her neck, Orman faced a period of significant physical limitations.
For three years, Orman was unable to participate in many activities she once loved, including boating and traveling. During that time, she said it was hard not to hear the voice of fear telling her she couldn’t do those things anymore.
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“I settled into a life where I did some things, but I didn’t really do much at all,” Orman said on the podcast.
Over time, Orman slowly began to question the beliefs that limited her. She took small steps and continued her previous activities, which included taking trips and returning to the boat she once captained. She realized that for too long she had told herself she couldn’t do those things, which wasn’t true.
“What I’m trying to say to all of you is that I am capable,” she told her listeners. “I am more capable than I ever had any idea.”
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True to Suze Orman’s style, she connected this personal revelation with an important lesson about money. She pointed out that many people approach their finances the way she approached her health recovery – believing they can’t manage their money, make investment decisions or get out of debt.
She said this fear often leads people to leave their money in low-interest bank accounts, simply hand it over to a financial advisor to handle (without intervention) or do nothing with it.
Orman emphasized that this approach is not empowering. “This is no way to live,” she said. “It was no way for me to live my life.”
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She called on her listeners to recognize their own capabilities, not only when it comes to personal challenges, but also when it comes to managing their money. She urged them to stop letting fear dictate their financial decisions. Instead, she encouraged everyone to take ownership of their finances, learn and grow their financial knowledge and take the necessary steps – no matter how small – to improve their financial situation.