Suze Orman Show: Would Disney Approve or Deny?

[Crockett]

I watch the Suze Orman program quite often. Great woman, though I do not agree 100% with all her financial tactics.

I make my living in the travel / tourism industry, just as WDW. Like Disney, my job is secure only if the public is willing to travel. Many times Suze says things that just make my head spin: Encouraging people to travel less, stay closer to home, and many times, don't spend or live life... but rather save only & bank on reaching age 67..THEN live the life you want (if you are still healthy enough to). Quite a gamble.

While I applaud her for encouraging people to save, save, & save more (great advice for us all), sometimes she can go overboard. While I agree with her in that people should save today to be financially prepared for tomorrow, I do not necessarily agree that people should just "cut out vacations" until they're old & gray (actual advice she gives to people...saying vacationing is an unecessary expense).

So how would Disney, Universal, or other destinations which survive based on the public's willingness to travel for leisure feel about the Suze Orman show?
Would they approve or disapprove of Ms. Orman's comments?
Or be like me & see her as 50/50 as far as advice to stimulate the overall economy?

 

[Kamikaze]

Suze Orman is an idiot and should be banned from giving advice of any kind.

I would hope any self respecting corporation would agree.

Now, I should add that I haven't listened to her since the start of the financial crisis, but I doubt she has gained any brain power in the intervening period.

 

[Goofy6294]

As someone who's worked in various aspects of the financial services industry, while there are certain broad rules of thumb that apply broadly, I wouldn't put much stock in recommendations given by someone who's taken a grand total of a minute building a personal profile.

 

[PeoplemoverTTA]

Every time I see or hear Suze Orman's name I think of Seinfeld...

"It's not Suze. All right? It's Su-zie. My name, is Su-zie!"

:lol:

 

[miles1]

So how would Disney, Universal, or other destinations which survive based on the public's willingness to travel for leisure feel about the Suze Orman show?
Would they approve or disapprove of Ms. Orman's comments?
Or be like me & see her as 50/50 as far as advice to stimulate the overall economy?

Well, you don't see her very often on ABC. I guess that says something.:lol:

Personally, I agree with you. I value her common sense about money management (which a lot of people lack), but I do disagree with her attitude on life. Same with the radio guy Dave Ramsey, who says you should work yourself to death and live in a hovel to avoid having any kind of debt.

Long ago when DW and I were first married, I was something of a skin flint and hated spending money on anything as frivolous as a ten day vacation in Florida. Then DW's father died at age 55 from cancer. Then her brother dropped dead at age 50, completely unexpectedly. Both had worked hard their entire lives and spent little time on vacations or trips. Her father left his wife and DW in good shape financially, but in the end I think they would have rather had more time with him when he was alive. These events changed my attitude about enjoying life quite a bit.

We've skipped WDW three years in a row now because my business was affected by the economy. We're going in three days, on a shoe-string budget, and some of it will be on credit cards. It may be our last opportunity to go as a family, as the kids are getting older and one is leaving for college. I'd rather enjoy myself now than wait until it may be too late.

 

[Monorail Lime]

Investing within the limits of common sense is prudent and necessary but there's no reason anyone should make it their life's sole ambition. Live life and see the world while still young enough to enjoy it! I'd rather at least have some good memories than sit in a slightly-less-disgusting beige retirement chamber waiting for death.

I have a hunch that those people like Suze who preach investing every penny are on the take from the investment industry.

 

[zurgandfriend]

I'm reminded of the novel/play/movie of author Patrick Dennis' "Auntie Mame" where she says "Life is a banquet and most poor suckers are starving to death!”

My own dear Aunt lived to be 100 years old and always told me to enjoy myself while your young before it’s too late and you don’t want to do anything but "sit around” In my opinion much sounder advise than that from some demagogue that tells you to save money yet attempts to sell you junk on the shopping networks.

 

[dixiegirl]

Ahh Suze, she's someone we watch from time to time and I always feel depressed later (not hubby though) cause the lack of saving funds that according to her all should have....Yeah , I always say she would have denied us our honeymoon in Disney back 96, and every year after....And to add a DVC membership!!!! Oh yeah..... DENIED!!!!!!!!


(as I am listening to the Today show and how in Debt the USA is in....Makes you feel all warm and toasty)

I really need to go to the land of make believe......God Its coming!

 

[mickeysshoes]

I have never watched her or anyone like her...but after reading the OP I find it very funny that she does not want us to travel, instead to stay home and save...all this coming from her who travels from city to city to tell us to save....whatever. 14 days till we hit the world and spend like no tomorrow. This is what I work so hard for everyday..and started a cake business to fund vaations. See you soon MICKEY!!!

 

[dixiegirl]

I have never watched her or anyone like her...but after reading the OP I find it very funny that she does not want us to travel, instead to stay home and save...all this coming from her who travels from city to city to tell us to save....whatever. 14 days till we hit the world and spend like no tomorrow. This is what I work so hard for everyday..and started a cake business to fund vaations. See you soon MICKEY!!!

LOl I hear ya there we leave in 15 days to like you said spend money like no tomorrow!. Its one of those times that my hubby says "whatever babe, you want it get it".....Love that!

 

[mickeysshoes]

LOl I hear ya there we leave in 15 days to like you said spend money like no tomorrow!. Its one of those times that my hubby says "whatever babe, you you want it get it".....Love that!

:lol: This is the only time of year I let my DH have cash in his pocket!!!!! :lol:

 

[olinecoach61]

While I watch her show once in awhile, I disagree with her philosophy on life. I tend to believe that life is a journey and you need experiences along the way that make life fun. Trips, eating out, family time, can all cost money but I think are worth it as long as your responsible financially.

 

[The Mom]

There has to be a middle ground.

It doesn't do you any good to save every penny if you aren't able to enjoy life, but it is also horrible to be in a position where you have no money saved when you need it for an emergency, or have to say no when your children have an unexpected expense.

It's especially gratifying when you actually get to see the end results of years of saving, such as not having to worry about college expenses - within reason.

 

[switts]

Suze Orman is an idiot and should be banned from giving advice of any kind.

I would hope any self respecting corporation would agree.

Now, I should add that I haven't listened to her since the start of the financial crisis, but I doubt she has gained any brain power in the intervening period.

I have to agree with you on this. I attempted to read one of her books and the farther i got into it the dumber i felt. And I'm sorry yea saving is great but vacations are definately needed. i couldnt stand working every day until i was 67 then hoping i could be healthy enough for a vacation

 

[Master Yoda]

There has to be a middle ground.

It doesn't do you any good to save every penny if you aren't able to enjoy life, but it is also horrible to be in a position where you have no money saved when you need it for an emergency, or have to say no when your children have an unexpected expense.

It's especially gratifying when you actually get to see the end results of years of saving, such as not having to worry about college expenses - within reason.

That is pure truth. On thing that we need to realize when watching these people on TV or listening to them on the radio is that it is more about entertainment than facts and extremes sell incredibly well.

 

[CaptainJackNO]

I watch the Suze Orman program quite often. Great woman, though I do not agree 100% with all her financial tactics.

I make my living in the travel / tourism industry, just as WDW. Like Disney, my job is secure only if the public is willing to travel. Many times Suze says things that just make my head spin: Encouraging people to travel less, stay closer to home, and many times, don't spend or live life... but rather save only & bank on reaching age 67..THEN live the life you want (if you are still healthy enough to). Quite a gamble.

While I applaud her for encouraging people to save, save, & save more (great advice for us all), sometimes she can go overboard. While I agree with her in that people should save today to be financially prepared for tomorrow, I do not necessarily agree that people should just "cut out vacations" until they're old & gray (actual advice she gives to people...saying vacationing is an unecessary expense).

So how would Disney, Universal, or other destinations which survive based on the public's willingness to travel for leisure feel about the Suze Orman show?
Would they approve or disapprove of Ms. Orman's comments?
Or be like me & see her as 50/50 as far as advice to stimulate the overall economy?

A couple of years ago she got into a pretty big PR nightmare because a number of the products she was pushing viewers to use actually benefited her financially. There were some serious ethical questions around some of her past advice and product endorsements. It was a kind of deal where she told people to stay out of debt, unless you were buying a product she was affiliated with.

As far as her telling people not to travel, I would imagine Disney would frown on this because a large number of travelers do so on credit, especially now, given the state of the economy. And, there is nothing wrong with this, either. I believe that a person's finances are their own business and no one has a right to judge how someone uses their own money.

 

[CaptainJackNO]

Well, you don't see her very often on ABC. I guess that says something.:lol:

Personally, I agree with you. I value her common sense about money management (which a lot of people lack), but I do disagree with her attitude on life. Same with the radio guy Dave Ramsey, who says you should work yourself to death and live in a hovel to avoid having any kind of debt.

Long ago when DW and I were first married, I was something of a skin flint and hated spending money on anything as frivolous as a ten day vacation in Florida. Then DW's father died at age 55 from cancer. Then her brother dropped dead at age 50, completely unexpectedly. Both had worked hard their entire lives and spent little time on vacations or trips. Her father left his wife and DW in good shape financially, but in the end I think they would have rather had more time with him when he was alive. These events changed my attitude about enjoying life quite a bit.

We've skipped WDW three years in a row now because my business was affected by the economy. We're going in three days, on a shoe-string budget, and some of it will be on credit cards. It may be our last opportunity to go as a family, as the kids are getting older and one is leaving for college. I'd rather enjoy myself now than wait until it may be too late.

Exactly. I would rather live now because tomorrow is not a guarantee.

 

[The Mom]

But if you cannot pay back that credit card bill within a reasonable time then perhaps you really can't afford it?

I always use my credit card while traveling, but I also had money put aside to pay the bill, or at least a hefty chunk for a few months when I was younger and poorer, when it came in. But carrying a balance every month for years? You really can't afford a vacation until you get your financial house in better order.

I'm not saying that you should wait until you have your house, car, college loans paid off, and have fully funded your retirement and emergency fund before you take a vacation. But a "damn the past due bills, and the fact that we don't have a penny saved for a rainy day, we're going to WDW!" attitude is not the way to go, either.

 

[zurgandfriend]

But if you cannot pay back that credit card bill within a reasonable time then perhaps you really can't afford it?

I always use my credit card while traveling, but I also had money put aside to pay the bill, or at least a hefty chunk for a few months when I was younger and poorer, when it came in. But carrying a balance every month for years? You really can't afford a vacation until you get your financial house in better order.

I'm not saying that you should wait until you have your house, car, college loans paid off, and have fully funded your retirement and emergency fund before you take a vacation. But a "damn the past due bills, and the fact that we don't have a penny saved for a rainy day, we're going to WDW!" attitude is not the way to go, either.

Ah Mom as always you speak with the voice of wisdom. “In all things moderation is the key."

It is rather disheartening however that there are so many “experts,” I used the term demagogue is a previous post, that want to tell you how to get rich, lose weight, be happy, and find the love of your life if you just purchase their books, DVD, services and/or attend their seminars. Yet when you scratch the surface of those expert’s lives you find a persona quite different from the façade.

 

[CaptainJackNO]

But if you cannot pay back that credit card bill within a reasonable time then perhaps you really can't afford it?

I always use my credit card while traveling, but I also had money put aside to pay the bill, or at least a hefty chunk for a few months when I was younger and poorer, when it came in. But carrying a balance every month for years? You really can't afford a vacation until you get your financial house in better order.

I'm not saying that you should wait until you have your house, car, college loans paid off, and have fully funded your retirement and emergency fund before you take a vacation. But a "damn the past due bills, and the fact that we don't have a penny saved for a rainy day, we're going to WDW!" attitude is not the way to go, either.

True, very true. My post was more in response to the Suze Orman and Dave Ramsey "work hard, save, don't live until you're 65" mindset.