Sunday, June 3, 2012

Prepare for the worst. Hope for the best.

I think I've talked about Suze Orman on here, a long time ago. I'm not sure how we got started watching her show, probably Oprah. Today, we asked my bil and sil to be Chase's guardians if anything were to happen to us. We are working on our will and living revocable trust and that's the step we are on. If we didn't watch Suze weekly, we probably would not be working on a will or living revocable trust. While I was reflecting on our day in the shower tonight I started thinking about how much Suze has impacted our life. Hubby has always and will always be a saver. But she has helped me to control my spending. Who knows when we would have bought a house if we didn't watch Suze. Because we watch Suze we saved up so we had enough to put 20% down and still had an emergency fund. If we didn't watch Suze we would probably have smart phones. Today when we were hanging out with the bil and sil they asked us if we would ever get them. I said probably not. To me, it is a waste of money. I used to dye my hair every 6 wees and get manis and pedis. I haven't done any of those since right before our wedding. We have never belonged to a gym. We don't have a nook or kindle. I get books from the library. Because of Suze we would never lease a car or co sign a loan. Because of Suze our son has a 529 college savings plan. A lot of good can come from watching a tv show! I highly recommend watching it. We love Suze!

6 comments:

  1. We keep bringing up a will and how we need to do it, we just haven't set aside time to actually write one up. I think it's great that you are able to save so much money off of her tips!!

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  2. You guys are very smart :)

    haha, We don’t watch Suze, but my husband sure is a saver and not a spender. I think we learned to live this way form our parents. Anika has her college and savings account too and I contribute every week the amount we save by breast feeding and cloth diapering and then my husband contributes too. JUST this weekend he talked about giving up the smart phones, but I would rather give up the cable, SO I am cancelling the tv this week to save money :) IM actually not even that sad about it, because I just don’t have the time to watch anymore. I have had a DVD from Netflix for TWO months. Saving is harder for me, so I’m glad I have my parents and husband to remind me to keep my spending at a minimum :) We were just looking at our mortgage this month and we have paid off 25% of our principal in just 3 years...we dont have any fancy furniture or cool toys, but at least we have that.

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  3. We've asked my sister-in-law to be L's guardian if something were to happen to both of us. We don't have an actual living will yet though and really need to do it.

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  4. Good for you! That's awesome!

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  5. You are an amazing. I meant to talk to you about this tonight. We are super financially focused too and people don't get it! Great for you for making such good decisions for chase.

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  6. I love her and her show! I need to get her book that goes into saving.

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