Suze Orman, financial expert behind the Women & Money podcast, recently shared a deeply personal lesson she learned from her life-changing health struggle. After undergoing surgery to remove a tumor from her neck, Orman faced a period where she had significant physical limitations.
For three years, Orman couldn’t engage in many activities she once loved, including boating and traveling. During that time, she said it was hard not to hear the voice of fear telling her that she couldn’t do those things anymore.
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“I settled into a life where I did some things, but I really didn’t do much at all,” Orman said on the podcast.
Over time, Orman slowly started to challenge these beliefs that were limiting her. She took small steps and engaged in her former activities, including going on trips and returning to the boat she once captained. She realized that she had been telling herself for too long that she couldn’t do those things, which wasn’t true.
“What I’m trying to say to all of you is I am capable,” she told her listeners. “I am more capable than I ever had any idea.”
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True to Suze Orman’s style, she connected this personal revelation to a key lesson about money. She pointed out that many people approach their finances like she had approached her health recovery – believing they can’t manage their money, make investment decisions or get out of debt.
She said this fear often results in people leaving their money in low-interest bank accounts, just handing it over to a financial advisor to handle (without involvement) or doing nothing with it.
Orman emphasized that this approach isn’t empowering. “That is no way to live a life,” she said. “It was no way for me to live my life.”
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She called on her listeners to recognize their own capabilities, not just when it comes to personal challenges but also in managing their money. She urged them to stop letting fear dictate their financial decisions. Instead, she encouraged everyone to take ownership of their finances, learn and grow their financial knowledge and take the necessary steps – no matter how small – to improve their financial situation.
