Dr Oz did a segment with Suze Orman called Can You Afford To Be Fat? There is a link between weight gain and financial drain and Doctor Oz said that you have to reduce your debt to trim your waist. Suze Orman understands the importance of being financially fit because even though she is called America’s Money Expert, she once was living a financial lie. At the end of this article is Dr Oz’s and Suze Orman’s Pledge to get debt-free and lose weight, so lets all print it out and pledge to improve our lives! Also, do not forget to read this segment about Dr Oz & Suze Orman’s 4-Step Plan to Downsize Debt.
Dr Oz: Suze Orman In Debt?
Suze Orman has a famous television show where she talks about “Can I Afford It?” to look at different people’s financial situations, along with what they want to buy, and she either approves the purchase or denies it (and most of the time she is saying “Denied!”). Orman is also the author of ten best-selling books and she has been on both the Time Magazine and Forbes Magazine top 100 lists. She said she will forever thank her parents for poverty, because she learned from her father that nothing keeps a good person down. She worked her way through college, earning $400 a month from working 7 days a week. Suze Orman wanted to open her own restaurant, and her customers believed in her so much that they invested $50,000 in her. But a broker tricked her and swindled away her money, leaving her with nothing. That is when she became a high powered broker and opened her own firm. Before long, she was spending lots of money and was 1/4 million dollars in credit card debt. But everyone thought that she was a wise and rich financial advisor. One day she Orman was sitting in a restaurant and realized that the waitress was richer than she was. So she turned her life around with honesty, integrity and truth.
Dr Oz & Suze Orman: Debt & Overweight Link
Suze Orman said that we all have to start somewhere, and she likes to say “I am you and you can be me” rather than “I am better than you.” Being a world expert on financial issues and from doing her television show for 10 years, she has noticed a connection between financial debt and weight gain. If you have credit card debt, you do not tell people about it usually, but your financial problems show up in your health in many ways. Dr Oz and Suze Orman both stated a scary statistic. If you are overweight, your employer will pay you $3.50 less per hour than someone who is not overweight. That amounts to $7000 a year which could be $1 million over your life. Dr Oz said that the extra pounds of course hurt your health as well and can lead to Heart Disease, Strokes and Diabetes (just to name a few). Orman said that if your in debt, and your health problems cause you to die, then your bills get passed down to the ones who you love.
Dr Oz: Can You Afford To Be Fat?
Dr Oz found three women who were in need of financial advise from Suze Orman. Kelly spends a lot but feels that she deserves a lot. She has 30 credit cards and loves shoes, hair products and has even bought a time share and a boat. Kendra said that nobody knows she is broke, but she has champagne taste and a beer budget so between being a shop-a-holic and loving to eat out, she has quite a bit of debt. Christine said she is working hard to live the American Dream. As a single mom, she lives month to month and works as a real estate agent. And guess how much debt these three women have: $44,000, $20,000 and $38,000. Suze Orman said the thing that scares her the most is that these ladies do not think that having credit card debt is even a problem. Orman calls this being a financial liar. All three women clearly felt badly about having so much credit card debt though. Dr Oz said that extreme debt makes you twice as likely to be overweight, which is why the BMI of all three women was not a surprise – they were all either overweight or obese.
Dr Oz: FICO Score
The average FICO Score of the people in Dr Oz’s Audience was as follows: