GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Suze Orman speaks at the 2024 Forbes & Mika Brzezinski’s 50 Over 50 Celebration with Know Your Value at the Rainbow Room on Friday, October 25, 2024 in New York City.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you might read more about oureditorial guidelinesand our products and servicesreview methodology.

Read below for Ormans advice onwhat everyone should implement in 2025 and how to do so.

facebook sharing button

True generosity means that giving must not drain you in the process, Orman said.

She explained that people shouldnt deplete themselves financially or emotionally in the name of generosity.

Do you give money to others when it means depleting your savings?

twitter sharing button

Do you support adult children when it means you are falling behind on your retirement savings?

These are red flags that your giving might be hurting your own financial health.

The Time Management Test

Its not just about money, either.

linkedin sharing button

As the old adage goes, time equals money so confirm to protect yours and use it wisely.

If youve found that youre not spending enough time on your finances, youre not alone.

Ensuring you give yourself time to engage in financial planning can set you up for success in the future.

email sharing button

The Power of Saying No

The solution?

Saying no out of love rather than saying yes out of fear, Orman said.

This approach can help you build emergency savings and retirement accounts while maintaining healthy boundaries.

Sometimes themost generous thingyou can do is take care of yourself and your finances first.

More From GOBankingRates

Share This Article:

The Latest inMoney