Suze Orman: ‘Don’t You Dare’ Invest Your Stimulus Check

24-Mar, 2021
44 731 Ko‘rishlar soni

President Joe Biden signed the $1.9 trillion relief package into law on March 11, 2021. About 159 million households are expected to receive the latest round of direct payments in coming weeks. While the checks are typically meant for immediate use to shore up budgets and stimulate the economy, people should focus on preparing for more emergencies, according to Suze Orman, host of the “Women & Money” podcast.
Check out this video to hear why Orman says people need to be prepared for at least another year of reduced income.
Subscribe to CNBC Make It.:
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
Get the latest updates:
Find CNBC Make It. on Facebook:
Find CNBC Make It. on Twitter:
Find CNBC Make It. on Instagram:
Suze Orman: ‘Don’t You Dare’ Invest Your Stimulus Check

  • Suzzy scamming again.

    Dr. Keith Michael EvermanDr. Keith Michael Everman16 kun oldin
  • She is wrong about not to invest in stocks. When the pandemic started, the stock prices fell horribly. That was the time to buy. I invested most of my savings in stocks and 12 months later I got profits on average of 50% ! You didn't have to be a market guru to know that businesses like the airlines would eventually bounce back. And they did ! Tremendously fast !

    angel vargasangel vargas27 kun oldin
  • Can't believe people still listen to her, she is nothing more than a con artist

    Gaurav SanjayGaurav SanjayOy oldin
  • Great advice, disliked for the deceiving title

    Kevin JurkiewiczKevin JurkiewiczOy oldin
  • Don't invest in stocks the crypto market is exploding because the US goverment and hedge funds are being exposed people want crypto to get adopted and used for day to day payments and its happening be ahead of the herd.

    OgoOgoOy oldin
  • The purpose is defeated if Stimulus checks are saved for later.

    gugunanak134gugunanak134Oy oldin

    BluRey BluReyBluRey BluReyOy oldin
  • One thing for sure has taught me is to have 12 months of emergency funds saving isn’t that hard. I just had to stop buying and eating out

    Dora williamsDora williamsOy oldin
  • Can’t stop, Won’t stop, GameStop.

    Mason 美生Mason 美生Oy oldin
  • Why not turn 1400 into 10k with cryptocurrency. Patience and a lot of TA is key

    TduuubTduuubOy oldin
  • Had to replace tires and brakes....couldn't save a dime

    Grape Juice76Grape Juice76Oy oldin
  • i've somehow been blessed to not have to touch mine yet! thanks for this advice.. in my account it will sit. luckily i didnt owe any back rent, just utilities..

    Cameron GCameron GOy oldin
  • Y'all realize she's a con artist scammer. See~'Suzy Orman prepaid debit card fiasco'

    Joe LewertowJoe LewertowOy oldin
    • Yep she sure is and why oh why is she on this program and not in prison is mind boggling.

      Frank SpinskiFrank SpinskiOy oldin
  • Don’t u dare invest what type of message is that ? Foh y’all wanna see poor stay poor

    Intanational PIntanational POy oldin
  • Suze, stfu!

    Alimah ReadsAlimah ReadsOy oldin
  • Most people will probably refuse to follow this advice and invest all their money. It's okay to do that in normal condition. But the situation now is anything but normal. Life is getting more and more unpredictable. We need to prepare for the worst. Don't invest until you have at least 6 to 12 months emergency fund. Better safe than sorry.

    Plantogenet IDPlantogenet IDOy oldin
  • Can't believe she's still famous.

    Khaow WarnerKhaow WarnerOy oldin
  • "Please don't spend so that inflation doesn't occur"

    SizzerXSizzerXOy oldin
  • I got strippers and bottles.

    Stock PapiStock PapiOy oldin
  • I didn't put it in the stock market...i put it in crypto Suzy.

    CaraMarie13CaraMarie13Oy oldin
  • Buy crypto!

    Alex DotyAlex DotyOy oldin
  • Don’t listen to this! Investing that money especially if you don’t need it can really be huge in the future.

    Umoja investingUmoja investingOy oldin
    • it also can be 0 in the future or soon

      Natalia20xNatalia20xOy oldin
  • The person you go to for finance- Uhh... *immediately goes to Graham Stephan*

    Zen YtemZen YtemOy oldin
  • Lie

    Vera AndreikoVera AndreikoOy oldin
  • I’m investing

  • GREAT advices , and nice to see you Suze😊

    ciel222ciel222Oy oldin
  • $1400 a lot of $? Okkkk

    Ryan GuilbertRyan GuilbertOy oldin
  • You save your money it stays as 1400 but if you invest it into stocks or Tesla wait 10 years it will grow and grow

    oddunlckly552oddunlckly552Oy oldin
  • i don't listen to this crap of suzan orman, he debit card scandale is not done yet, she lied about her debit card saying that they can build credit bureau with WRONG, she misled and misrepresent information and people were charged with a lot of fees, she was promoting for pheonix university which one of the most expensive private school in USA and the people who got the diploma there can't find any job, she is a scam this lady

    ahmed Cerrutiahmed CerrutiOy oldin
  • "Thats a lot of money" while looking like someone who spends that money twice a day.

    Master HMaster HOy oldin
  • But I like the stock.

    NijaBoiTellEmNijaBoiTellEmOy oldin

    Cash_Option ___Cash_Option ___Oy oldin
  • Or you could just say do what is best for you, which is kind of better advice than putting money aside at less than the rate of inflation for how long?

    Michael SwaimMichael SwaimOy oldin
  • Don't you dare spend your money on tsla stock.

    Here We areHere We areOy oldin

    Father FingerFather FingerOy oldin
  • Who tf is This old boomer

    Gerardo JuarezGerardo JuarezOy oldin
  • Unironically better to go homeless than spend your money on rent/bills, if you can invest. At least if you go homeless and invest, your investments have a chance to get you out of the rat race. Otherwise your stuck flatlining paying rent while assets go up. Obviously can't do this if you have kids.

    Michael LoftusMichael LoftusOy oldin
  • OK Karen.

    JoshBroChill78JoshBroChill78Oy oldin
  • How dare you pay rent

    Ivan BrikIvan BrikOy oldin
  • Invest in Crypto Currency

    iSpArDa VisualsiSpArDa VisualsOy oldin
  • you should put your stimi into gme

    Sir IronSir IronOy oldin
  • Just Stimulus the way you want.

    A VIEWA VIEWOy oldin
  • sounds crazy lol you know what happened to all those people who didn't save 8 months but instead Invested the 5 month difference ....well they got rich last year... Because they took the money that you said save and they put it Investment that grew exponentially last year 🤷🏾‍♂️ Ms. Suzie

  • Agreed. Even with a job. If you get this money it should be put in an emergency fund.

    LNGG's ChannelLNGG's ChannelOy oldin
  • WHAT IS BITCOIN !!! Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. The domain name "" was registered on 18 August 2008. On 31 October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto implemented the bitcoin software as open-source code and released it in January 2009.[ Nakamoto's identity remains unknown. Read on:

    Mmercury GrahamMmercury GrahamOy oldin
  • Agreed!!!!!

    Sarita MooreBansaSarita MooreBansaOy oldin
  • I put it all into crypto and I have a 2 year emergency fund. My Ethereum miners pay for my house

    Freya Fox Crypto & FinanceFreya Fox Crypto & FinanceOy oldin
    • @Freya Fox Crypto & Finance - Oh wow, nice channel! I see that you do DeFi staking, the rates look great. I am just not a fan of the risk of yield farming, but I hope it works out for you.

      StevieSparkZStevieSparkZOy oldin
    • @shut up la la no lmfao click on my channel and see

      Freya Fox Crypto & FinanceFreya Fox Crypto & FinanceOy oldin
    • Are u a bot

      shut up la lashut up la laOy oldin
  • She’s right.

    P707P707Oy oldin
  • Lets get this to the most disliked video on cnbc

    Mohamed TahaMohamed TahaOy oldin
  • I see stimmy is bringing all of the big time scammers out 👀 here goes Suze😤😤😤😡😡👋🏽🤬🤬🤬🤦🏽‍♀️🤦🏽‍♀️💁🏽‍♀️💁🏽‍♀️🤷🏽‍♀️🤷🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️

    Angela BurressAngela BurressOy oldin
  • Hedgies Paid her to say that last statement 💎💎💎🤲🏾🤲🏾🚀🚀🚀

    Maya TaylorMaya TaylorOy oldin
  • what a joke They really don’t want people investing there stimulus in stocks or crypto because they know both are going parabolic right now

    Danny ArredondoDanny ArredondoOy oldin
  • Invest in Bitcoin instead!

    Sangyeon SonSangyeon SonOy oldin
  • Deceiving title

    Blake FealyBlake FealyOy oldin
  • I invested half of mine.

    Ayana NailahAyana NailahOy oldin
  • What a joke

    William CWilliam COy oldin
  • Too late. Already blown up everything on GME!

    nanox25xnanox25xOy oldin
  • GME🚀🚀🚀

    Sunny ZhengSunny ZhengOy oldin
  • Don’t tell me what to do mommy

    Nathan MoriNathan MoriOy oldin
  • After the pandemic I got a second part time job! I can live with just my salary. Aka first job...What should I be doing with the extra income? It’s a pretty good part time ob.. $1000 -$1500 per check. Just turned 30 and don’t have 401k. What should I do first!? 😭

    Raffi CRaffi COy oldin
    • Get a Roth IRA and max it out every year if possible.

      NeelraStardustNeelraStardustOy oldin
  • I wouldn't listen to this woman at all. She is a fraud.

    Jean WilliamsJean WilliamsOy oldin
  • A pantry full of food and a small 1 bedroom apartment that is paid off helps me sleep better.

    Robb's Homemade LifeRobb's Homemade LifeOy oldin
  • I put about $800 of it in savings the other $600 is going to take care of my daily needs.

    L. T.L. T.Oy oldin
  • They are called STIMULUS cheques so they can be used to stimulate the economy. Does she really think the government is giving money to people so they can sit on it? Does she really think that people don't need this money for groceries and other necessities?

    Linda CanadianLinda CanadianOy oldin
  • Eos stock is goomg to 100 bucks in next 2 years and thank me later

    Abc it is easy as one two threeAbc it is easy as one two threeOy oldin
  • LOL, i bet that everyone will do it.

    Mo Rich ChannelMo Rich ChannelOy oldin
  • All to nasdaq 👻

    Adrian BramAdrian BramOy oldin

    Kendell ForestKendell ForestOy oldin
  • going to spend mine on PC upgrades and you cant stop me.

    John JenkinsJohn JenkinsOy oldin
    • Same!

      MobileDecayMobileDecayOy oldin
  • love suze!!

    Camille VigilCamille VigilOy oldin
  • Investing in the stock market is a smart way of using your money. The fact that she calls herself an “expert” makes her seem untrustworthy besides her awful advice

    Yamile MartinezYamile MartinezOy oldin
  • Wow, you’re advising people to keep paying high interest and save money at .01%. Pass.

    Michael SwaimMichael SwaimOy oldin
    • Have to keep the poor.....poor.

      Here We areHere We areOy oldin
  • If $1,400 is going to save you for going under, you are already screw in the USA

    Pedro GomezPedro GomezOy oldin
  • $36,000 emergency fund?! 😭 I'd rather die.

    Paul HoPaul HoOy oldin
  • I recieve my SSI on CHIME and still no money came in yet!!!

    Edra GomezEdra GomezOy oldin
  • I just bought an ethereum share😭😂

    RonaldRonaldOy oldin
  • Please come back Suze! I miss your show so much

    Positive SamanticsPositive SamanticsOy oldin
  • I dont know about suggesting anyone makes their min credit card payments... that wont get you far

    Austin BeyakAustin BeyakOy oldin
  • its interesting how this video has just as many likes as it has dislikes. people are split evenly about this information. hmmm

    MelMelOy oldin
  • she is as real as Chinese auto parts, she is a fake professional, you don't have to believe me check how suze Orman scammed on UZworld.

    mafriqafulmafriqafulOy oldin
  • This pandemic is an exception, not the rule. To tell people they need a year of savings is ridiculous. Is it a nice thing to have, yes. But can you put half of that in an emergency fund and invest the other half, yes.

    Kevin St-FortKevin St-FortOy oldin
  • Despite the economic crisis, this is still the good time to invest in Stocks, Gold and Crypto.

    Frank ClintonFrank ClintonOy oldin
    • I've got 12th winnings thanks to Mr Robert Kean, he's really the best. I've made a lot during this period

      Tracy WilliamsTracy WilliamsOy oldin
    • Placing my trade with Mr Roberts ASAP😊

      Mark LiamMark LiamOy oldin
    • @Charlie Chang. Trading without a professional like Expert Robert's is like gambling with your money

      Mark seymour DavidMark seymour DavidOy oldin
    • I tried trading on my own but it only kept chasing Shadows

      Charlie Chang.Charlie Chang.Oy oldin
    • @James Ward thanks will do that ASAP👍

      Tanase MirceaTanase MirceaOy oldin
  • Female version of Mr.Wonderful

    Christian ArdaixChristian ArdaixOy oldin
    • Both r scams

      dab ddab dOy oldin
  • Not everyone corporate people not

    Babul KajiBabul KajiOy oldin
  • I like Susie or Susan but when she made the statement and said women took a hit. I decided to ask Google this is exactly what Google said. But she was worth 10 million dollars and it is nice to have that kind of money that's what Google said. So when she spoke about women took a hit she should have excluded herself but I still love you girl.

    george4u1960george4u1960Oy oldin
  • Millions of people sat home and collected $600+ in unemployment every week..

    BlaineBlaineOy oldin
  • Strange advice. It’s obvious that paying off revolving debt is better than holding onto that cash. You get another chance to curb your spending, ultimately resulting in better credit and less debt. Borrowing during a pandemic is far from a smart strategy. It’s not a strategy at all.

    Tariq LacyTariq LacyOy oldin
  • People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin

    Michael ClemsMichael ClemsOy oldin
    • Wow I can brag about this expert Evelyn barker managed my account in such a way winning is the only standard I know

      Luiz GustavoLuiz GustavoOy oldin
    • @Clems Scott thanks for the info

      Giuseppe MarioGiuseppe MarioOy oldin
    • Hey your not far from making profit, she has taken care of my account for months..I have 25 wins so far

      Clems ScottClems ScottOy oldin
    • I just got recommended to her on Twitter please how good is she?

      Giuseppe MarioGiuseppe MarioOy oldin
    • I Have never heard or seen any of her client complain of lost.. I think she's just too perfect

      Tony PaulTony PaulOy oldin
  • I told people all through the pandemic that they needed 12 months of emergency savings, and they all thought I was crazy.

    Natalie FontaneNatalie FontaneOy oldin
    • @BluRey BluRey - That’s perhaps the best way. I believe muslims take loans amongst themselves without interest. Compound interest working for you is awesome but working against you is a beast with two heads.

      Chic Noir29Chic Noir29Oy oldin

      BluRey BluReyBluRey BluReyOy oldin
    • @Chic Noir29 oh! thank you! i have to fight tooth and nail to try to make others think! so nice to have someone at least TRY to agree. thanx!

      BluRey BluReyBluRey BluReyOy oldin
    • @BluRey BluRey - That makes sense.

      Chic Noir29Chic Noir29Oy oldin
    • They wouldn't need emergency funds if there was money to save up. Not everyone is as privileged as you. 🙄

      MobileDecayMobileDecayOy oldin
  • I paid my car off. That bill was driving me crazy. I’m free!!!!!

    youknowyoulikeit1000youknowyoulikeit1000Oy oldin
    • ❤️

      TOJO JTOJO JOy oldin
    • Go upgrade now, I’m jk, lol.

      RapidGodRapidGodOy oldin
    • Well done 👍🏾

      Keith AshfordKeith AshfordOy oldin
    • Good..let me take it for a spin

      Mathis AndersonMathis AndersonOy oldin
    • Congratulations smart lady god bless u babe girl

      mike brownmike brownOy oldin

    11Oy oldin
  • What a Karen..

    Hedgehog FoxHedgehog FoxOy oldin
  • How dare she tell us what to do. I'll invest my stimulus on bitcoin and viagra. I know what's important to me

    blackflash1034blackflash1034Oy oldin
  • Well this was a waste of time.

    joao lisboa da silvajoao lisboa da silvaOy oldin
  • They seen regular ppl making money and theyre desperate

    EEOy oldin

    TheArmedassailantTheArmedassailantOy oldin
  • I never got mine

    ADHDADHDOy oldin

    Kevin CranmerKevin CranmerOy oldin
  • Idk man, if inflation spikes your savings is gonna get dusted regardless. IMO 3 months is good.

    Timothy Ayodele Jr.Timothy Ayodele Jr.Oy oldin
  • she sells books so she can afford to keep adding fake white teeth...No more an expert than some random person off the street...

    HochgeborenKlownHochgeborenKlownOy oldin