Suze Orman Says, “Don’t Pay Your Bills!”

Financial guru Suze Orman shares everything we need to know on staying financially stable during these tough times.

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[lionessrising]

If this hasn't affected your career, and income hasn't been disrupted, continue to pay your bills and stockpile cash as well. I'm a teacher and I'm paying all my bills, investing 15% and saving a ton of cash. My 6 months of Emergency fund gives me piece of mind. Thank you Lord.

[ryanamari]

She isn’t saying don’t pay ... She is saying pay what you can responsibly .. pay the minimum ... PAY DOWN not PAY OFF .. there is a difference

[mrs.varela]

I worked too hard to establish my good credit, my bills will get paid thru the grace of God 🙏🏽🙏🏽 May God help us all 🙏🏽

[wm]

The electric bill will still be due. Don't let the utility bill compound on you.

[ShanikaB]

I think a lot of folks missed her message because of the title. She's not saying don't pay your bills...she's saying pay your minimum balance...don't focus on trying to drive down your balance quickly. I know someone that put their entire stimulus check on one of their credit card balances...not the greatest idea right now.

[meritofapproval]

Reading the comments makes you realize how little people listened to what she actually said! 🙄

[follojesusfj]

This has been the best break I have ever had in my life...Some storms have many rainbows. Thank you God!!

[omokaroojiire]

She has basically told y'all to eat first, then worry about feeding your creditors after you and your family's needs are met!!! Common sense people, the world is in a survival mode, it's better to hold on to cash to meet your basic needs. (Food, shelter, warmth, safety etc). She can't legally tell you not to pay your bill, but she has hinted you to focus FIRST on what will keep you alive in the coming months ahead!!!

[oniosunsina]

I listened to this woman when I was 19 years old and I'm 50 now and her info is still spot 8 month emergency fund saved my life when I retired early from my is definitely the business

[jtaj]

She didn't say don't pay your bills, she said pay the minimum payment, don't lie.

[Qasde]

PLEASE CONTINUE TO PAY YOUR BILLS IF POSSIBLE... if not, call the company and seek financial assistance such a payment plan, etc.

[chattyash]

Im going to continue to pay my bills as normal. My husband and I always pay a lil extra on our utility bills so we create a cushion for situations like this. We are saving money by not using as much gas, going out to dinner, entertainment or making rash purchases. I will not let my credit take a hit cus I worked too hard for it.

[focusedfreebird]

If you have a yard, balcony or patio, start growing vegetable in pots or in a strip of yard area. Grow your food. Do it!

[careyivery]

All she is saying, if you have balances on your credit cards just pay the minimum. Thats not bad advice.

[Drhuntley]

I pay my bill with my passive income since I got into the trade market with 6k capital, so far I can boast of more than five figures saved in eight months what a time to be alive!

[talexander]

IF YOU HAVE THE MONEY YOU BETTER PAY YOUR RENT AND YOUR BILLS because eventually IT WILL BE DUE ALL OF IT and then you are going to be in an even BIGGER BIND.

[CorneliaS]

This lady is probably sitting on good cash. Not all of us are blessed like that so ppl pay your bills. I paid off all of my credit cards and other bills up til June because I want to come out of this financially good. 🙏🏽 god bless you all

[HHHH-lwdo]

Thank God, I am so blessed, I was able to pay all my bills, paid all my bills, Rent, gas, electric, etc. Thank you Lord!! My mother used to tell me all the time growing up to always put something away for a rainy day!!

[forevergrateful]

She isn’t say don’t pay your bills. She’s saying Pay the Minimum Payment Due. That’s good advice.

[adelgado]

As she said, for those that don't have a cushion, remember this and learn from it. SAVE! SAVE!