Suze Orman warns these 4 financial blunders will set you back in a major way
Yahoo Finance·2025-10-02 13:09

Core Insights - Suze Orman emphasizes the importance of cautious spending amid ongoing inflation pressures affecting American consumers [2][3] - She provides practical financial advice to help individuals manage their money effectively during challenging economic times [3] Spending Advice - Orman advises individuals to review their insurance policies and benefits, highlighting the significance of having adequate coverage [4] - The national average cost for car insurance in 2024 is reported to be over $2,300 per year, with potential savings available through online rate comparisons [5] - Consumers can utilize platforms like OfficialCarInsurance.com to compare insurance rates from major providers, potentially saving hundreds of dollars [6] Financial Habits - Orman criticizes unnecessary spending on small daily expenses, such as coffee, suggesting that these costs can accumulate significantly over time [7] - She encourages individuals to invest their spare change using apps like Acorns, promoting better financial habits [7]