I watched her show for the first time yesterday, and was heartened to hear her giving sound and conservative financial advice.
I only wish Gerri Willis on CNN could be so ‘tough love’.
I particularly liked the “Can You Afford It?” section, especially when a 14-yr-old fan-boy ( trapped in the body of a 45-yr-old husband) called in to find out if he could ‘afford’ a life-size replica of Robbie the Robot, for a mere $25K.
This was a guy with only $100K in his 401(K) and $50K of savings…
Suze actually rolled her eyes when he explained that he’d pay a downpayment and ‘finance’ the rest.
And, of course, asked the $64,000 question that pretty much every woman watching was asking themselves….”So, what does your WIFE think of this?…” embarrassed silence ensues… 😉
Personally, I find her a bit too OTT to watch for too long, but its still good to know that she pretty much rejects outright anyone who has debt of any kind – be it CC, Student loans, ARMS etc.. and tells them to get rid of ALL DEBT before going after big-ticket items.
And…some of the stuff people convince themselves they can afford to buy!
A guy was seriously thinking of going halves with sister and BiL on a Lakehouse for $44K (his share)- with a 10/0/80 mortgage, student loan, car lease payment and only $7K in savings. Sheesh…