Suze Orman Warns Against Investing In Marriage

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Did you think that marriage was about love and selflessness and sharing? Not anymore. Marriage is about getting what's yours. At least according to Suze Orman, the personal finance expert known for saying "I told you so" when the economy crashed.

On Oct. 9 Orman advised "Today" show listeners not to invest in their marriage, saying, "Just to have everything [all your money] together allows you to have a big downfall if something goes wrong." She says it's just commonsense to have three bank accounts, "His, Hers, & Ours," so "nobody could take anybody else's money."

"You enter a relationship as an autonomous human being," Orman said. "You need to have your own money. He or she needs to have his or her own money. And then there needs to be a joint account."

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And what is that joint account for? To "pay your joint bills."  Everything else should be split evenly into "his" and "her" personal accounts to do with as he or she pleases. And just to ensure that neither person has to share more than the other, Orman says to contribute "equal percentages," "not equal amounts" to the joint account.

And being married for "10,15, 20 years" doesn't mean you still shouldn't be worried about your spouse hijacking your money. "Set it up now," urged Orman. Apparently, many older couples haven't properly set up their accounts yet because the women were oppressed:

How much does one want in one account? Do you divide what's there equally? Just divide it 50-50? And then start a joint account for expenses? But why not just divide it 50-50 right now?! Matt, the day has come where the one who makes the money does not have the power in the relationship.

Orman says that you need to set up these bank accounts when you're in a "state of love," not when you're in a "state of hate." That way when the apparently inevitable divorce comes around the corner, everything's "already split."

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→ Easy for her

I'm sure her wife appreciates that the whole world knows she's out on her butt if things go wrong. 

Upsetting to most women

I think Suze Orman's advise on this point would be upsetting to most married women, as this would disturb the natural balance of the "hers" and "ours" monetary equalibrium that has lasted for ages. 

"I've sentenced boys younger then you to the gas chamber.  Didn't want to do it, but I felt I owed it to them."  Judge Smails 

What would we ever do

What would we ever do without the sage adivce from Suze...eh?

'Doubling down on stupid is not a particularly good idea'~Breitbart

→ Somebody needs her

If they're real, those losers with the $30,000 credit balances have to ask her if they can buy a bassboat, I'm sure we're in real trouble. 

I'm confused.

I always thought that Julia Childs gave sage advice. 

"I've sentenced boys younger then you to the gas chamber.  Didn't want to do it, but I felt I owed it to them."  Judge Smails 

→ Nope

She was the human metronome.  She kept thyme. 

Hey, Cool One...

Don't forget about the parsley, sage and rosemary...

"Who am us, anyway?" - Firesign Theatre

Ormans's advice is in

Ormans's advice is in direct conflict with any serious consideration of what constitutes a marriage. It's not about living your life in preparation for the marriage to fail.

Giving money and power to government is like giving whiskey and car keys to teenage boys.
- P.J. O'Rourke

Queen... Precisely. Path

Queen...

Precisely.

Pathetic what the meaning of marriage has become over the years with critters like Orman and her ilk.

'Doubling down on stupid is not a particularly good idea'~Breitbart

Orman has no idea what

Orman has no idea what marriage is all about. She is a fraud on so many levels. I have warned people I know about her and her advice. Sooner or later this woman is going to crash and burn.

d1... Could not agree

d1...

Could not agree more regarding your opinion regarding Suze Q.

Listened to her years ago now on cnbc I think it was...more than once...after the second time...no more, she's as phony-baloney as they come...plus, it goes without saying she's a leftist-looney to-boot.

'Doubling down on stupid is not a particularly good idea'~Breitbart

A-men to that.

Very well-put, 'QueenMum'.  (And 'd1carter', too.)

FTA:  And just to ensure that neither person has to share more than the
other, Orman says to contribute "equal percentages," "not equal
amounts" to the joint account.

Any couple aiming for 'fairness' as the target of their giving of self is virtually guaranteed to rattle apart.  It's not about 50-50 --- it's about 100-100.  A marriage is supposed to be about both the husband and the wife giving all of themselves.  It's the mingling together of two lives into one, not some kind of business partnership or labor negotiation.

Liberals hate real marriages

The more time I spend seeing liberal points of view on sexuality, children, finances and the nuclear family the more it becomes glaringly obvious that liberals loathe real marriages. 

First, the feminists tried to undermine marriage by telling women it  was an oppressive institution.  I now notice, with digust, a lot of news stories about women with live-in boyfriends who abuse them, or their children, or outright kill them (or their children).  So much for that "marriage is oppressive" line.

Now, they're undermining marriage by trying to recognize all relationships as "marriage", especially gay marriage.  Which will give rise to polyamory and other "relationships" we can't exclude from marriage because, darn it, that'd be discriminating against someone's sexual orientation lifestyle choices.

Since lots of people still vote to protect marriage, they are now moving on to a state of alarmism in Orman's "advice."  

"Don't trust your spouse!"  "Don't be equal partners in your marriage!"  "Cover your own rear and let your husband/wife fall flat on his/her face!"

Then these are the same people that turn around and say, "Why can't we have gay marriage?  Heterosexual marriages are screwed up anyway!  Gay marriage won't ruin them further!" while they pedal advice that undermines real marriage.

My husband and I are equal partners.  Right now, I'm unemployed, so my husband earns more money than I do.  If we had "separate accounts" - I'm to go without until I get a job?  When we said our vows we promised to be joined together as one flesh.  I put him on a savings account I had established; he added me to a checking account.  We are PARTNERS in everything.  There is no longer an "I" or "me"; it's "us" and "we" because we're in this forever.

Yeah, I know, he must have brainwashed me.  I'm an oppressed woman who can't think for herself, blah, blah, blah.  Check back with us in another 20 years.  We'll still be happily married, with joint bank accounts, while more than half of the people - many of whom follow Orman's advice - are divorced and remarried repeatedly.

Aut viam inveniam aut faciam

LOL... agree modern! 

LOL... agree modern!  Guess she thinks she is smarter than God.  She directly contradicts the "two become one" layed out in the Bible.  

And I wonder what her advice is based on?  Any research?  So these people that did it "her way" statistically stayed married and the joint people did not?  M-B

PBS and marriage are not a Biblical mix.

Gee, where was the first place I heard of Orman? Yup, it was PBS.

Years ago....

Years and years ago, (maybe seven or eight?), I first saw Orman on CNBC late at night on either Saturday or Sunday.  She had an hour show and wasn't too bad.  It was pretty typical financial advise like "don't run up your credit cards" and "don't buy more house then you can afford" and stuff like that.

She seems to have made the jump to more air time within the last couple of years and she has transformed into a more radical anti-business, anti-conservative, pro-government type.  It makes me believe that somebody sat her down and told her she needed to change her shtick if she wanted to "make the big time", (much like Dillan Ratigan). 

"I've sentenced boys younger then you to the gas chamber.  Didn't want to do it, but I felt I owed it to them."  Judge Smails 

We tried that plan when we first got married...

And it didn't work. It was a nightmare to balance three accounts and make sure we were writing checks from the right account. we dropped to two accounts - I'm in the Navy and needed a separate account when deployed in order to keep from bouncing checks on the main account. that worked much better. She gets all but a small amount I need for gas and other necessities. It works for us because it's OUR money, no matter who makes what. We're a team, not a pair of individuals.

memememe

Typical liberal bs. Whats in it for me, me first, look out for me. She has no idea of marriage. Marriage is more than benefits from investments.  Success of  a union is not based on returns but on contributions.A lifelong committment thru good and bad times makes both people better and stronger and the union is greater than the individual. After 43 yrs of marriage, I think I have a clearer picture than she does. If you always put your interest first, the union is over, its just a matter of when you recognize it.

$$ before marriage.

$$ before marriage. Nice.

The ONLY reason to separate the money is for children, which is when a prenup prior to a 2nd marriage can be helpful, where the one responsible for the children has significantly more wealth.

Otherwise, work on it. Without trust, built from hard work, there is no marriage.

 

 I bought her first book

 I bought her first book many years ago, and through the years was turned off more and more by her homosexuality and "girl power".

I'll have to get rid of the book now.

But if you want the Big Dog on finances look no further than Dave Ramsey. 

You trying to say Jesus Christ can't hit a curveball?

I would NEVER take financial

I would NEVER take financial advice from anyone named "Suze"...

just my personal philosophy. On a side note I agree completely with Jeff W

 

 

 

 

 

 

"The American Republic will endure, until politicians realize they can
bribe the people with their own money." – Alexis de Tocqueville

Financial Twit

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This twit has been dispensing the financial equivalent of
chanting and wind chimes for years. Lately she has become even more
insufferable with the “you go girl” and me-first attitude.  Self sacrifice and delayed gratification seem
to have no place in Suze’s world.  I happened
to tune in once when told a mother who wanted to save for her teenage daughter’s
college education that she needed to take care of her own needs first in order
to be a good role model for her daughter. 
Unfortunately, her message fits right in with the Obama bailout
culture.  I’ll take Dave Ramsey any
day.