Suze Orman warns these money mistakes could cost you big — her tips on how to ‘be extra strong’ with your finances

Core Insights - Suze Orman emphasizes the importance of managing finances effectively, especially during times of economic strain, urging individuals to scrutinize their spending habits [2][4]. Group 1: Financial Management Tips - Orman advises individuals to find ways to reduce costs, highlighting the need for vigilance in spending [3][4]. - She suggests that small expenses, like daily coffee purchases, can accumulate significantly over time, equating it to wasting substantial amounts of money [5]. - By using investment apps like Acorns, individuals can turn small change into investment opportunities, potentially growing $30 in weekly round-ups to $93,660 over 20 years with a 10% annual return [6]. Group 2: Expense Tracking - Tracking expenses is crucial to prevent money from slipping away unnoticed, which can help in building savings and preparing for emergencies [8]. - Orman points out that forgotten subscriptions can lead to unnecessary costs, emphasizing the importance of regularly reviewing automatic charges [9].