Hi everybody, c zo here. Now, what is the goal of money? The goal of money is for you to be secure, and there is no Better way for you to be secure than having an emergency savings account. IT is essential for your financial foundation, so all of you should be participating in the ultimate opportunity savings account at alliant credit union. Go to my alliant that come find out more and be the cure.
right? Susie kt, are you ready for today's podcast?
Yeah, Robert, of course we're .
ready because we are. stop. Yeah, baby.
Up on.
哈蒙 萨波。
November seventeen, s twenty twenty four. Welcome to the women in money to test, as well as everyone smart enough to listen everybody. Is Robert to producer back with you here for just another moment? Is susie K, T, R still on their break this week? They'll be back on thursday.
But today, what we're going to do is revisit an episode from earlier this year. And this is a suzy story that's a little bit different. But IT is very, very powerful. And here's suzy to set IT up today.
We're going to be doing something different. We're going to have a suzy story. These are real life stories. So listen to IT because they these are stories that will relate to many of you out there. Go on now.
everyone, remember there's always a blessing. And susie stories. So i'm going to play the part of debris who actually wrote into susie, and susie will answer in her voice what he sent back to debris.
Hi susie, please help me. I am a mess. I was a very successful corporate employee, single mom, home owner, with a four 1KA rough financial cushion, extra all that you prescribe. I tragically suffered the loss of my home when referred to an attorney who was supposed to be helping me with a loan modification back in two thousand fourteen. He turned out to be a conman and stole from many, many people.
He even .
filed four bankrupts in my name to avoid the sale of my home so that he could continue to use its equity, all completely without my knowledge .
and exceptionally long.
convoluted story involving the district attorney and pending prison time for the conman. Except susie, he took his own life rather than face the consequences. My daughter and I were left homeless st.
With no hope of restitution and no surviving family. All I had was in my home. I suffered a breakdown. I was unable to work for several years. However, I did put my daughter through college.
At least there SHE had a roof over her hand while I bounced around, renting miserable rooms, all while trying heal mentally and emotionally with no one and nowhere to form. All the money I had was slowly drained away by the attorneys, doctors in patient stays, storage fees for our home contents and moving cost. I wanted to die, and I did try taking my own life several times.
Oh, and I forgot to share that when this all happened, I was taking a rex for nursing school. I planned to attend college when my daughter was, a way, a college. That was my goal, my dream, until IT was all taken from me.
That was ten years ago, and I still do not own my own home. I still went a room because I live in the bay area here in california. And whether IT was possible for one person to buy a home alone back in nineteen ninety nine, which is when I bought mine, IT is completely impossible today.
Indeed, IT is also impossible for couples in this area. Most share multi family homes or must rent out rooms to bolster income enough to make the exorbitant cost gage payments. Here, I dropped out of school for a couple of years and then picked IT up again, and i'm about to graduate.
So susie, how do I put my life together again at sixty years old? Please, please help me. I feel such a let down to my daughter who might work so hard to provide for and leave something.
Once my life is over, i'm willing to leave california, but so afraid of making a mistake. With so little in reserve now and so few working years left, I trust your judgment above all others. Can you please advise me?
My dear Debra, life at sixty can really just be a start for you, not and ending. You have to believe that with all your heart, you have to look at what you have, not at what you could have had, could have, should have, would have. I don't think so.
Now listen to me, Debra. You have to stop thinking of yourself as a victim. You chose this lawyer. You were somehow responsible for not checking what was going on after all those years. You obviously just trusted, would never check in your credit reports, so you have to own this.
So rather than looking at all that was taken from you, I need you to look at all IT has given you what was the gift you gave your daughter by teaching her what can go wrong. And with all that, you still put your daughter through college. I'll let down to your daughter.
Are you kidding? You showed her that a mom will do anything to take care of her daughter. How did you let her down? I want you to write IT down what that you don't own your own home.
Is that how you let her down, that you don't have money, you don't drive a fancy car, go on, write all the reasons as to why you let your daughter down. That is what you think your daughter wants from you. Your daughter only wants you to be happy to love her, but more importantly, to love yourself.
Maybe you disappointed yourself, but not your daughter. You showed her what a truly strong woman can do. And now you are about to graduate and live your dream. Do not let your emotions, fear, shame and anger get in your way.
Don't turn your back on the battle field now, not now, when you are finally one, the war, and you best get, Debra, that life is not about what you leave when you die. It's about giving to yourself for once and let others, including your daughter, do the same. Do you hear me? Stop this right now and be the powerful woman you were born to be. Now you go out there and make some magic happen.
Thank you, susie. Thank you for taking your precious time to respond to me, for sharing your wisdom and reminding me of the value in all of this. You are absolutely right. Of course, I just needed to hear that from you, from the person whose advice and framing I know I can trust in order to move ahead with real hope and purpose. I feel that today I can, perhaps all is not lost. My daughter learned one of the most valuable life lessons, never to trust or believe that everyone has your best interested heart, even those referred to you, and without negative online reviews.
SHE has always .
been driven, and a hard worker. I put that down in part to my nighttime reading, which was always wanted two of your books. Indeed, as soon as he turned sixteen, he was excited to work and earn her own money to become independent and self sufficient.
And this was long before we lost our home. Since then, her drive quite rule SHE, managed to save over one hundred and ninety thousand dollars, which, because of what we endure, he is invested following your advice and will not be tied to having a word after forty five if he chooses. And for that, I am truly grateful.
SHE will have choices which are not available to those without a mistake. And i'm so relieved because of that. May I ask a question, susie, about my finance is going forward.
Since all of this, I have little trust in my ability to make the best financial decisions. I have learned what not to do, but not what I should do with income. From this point in my life on words, how should I best invest some of what I earn after my monthly obligations are paid?
What is the recommended vehicle for this in my circumstance, as there are so many from which to choose a path to follow one day at a time would bring tremendous comfort and reassurance. Thank you again, susie, with all of my grateful heart. Sincerely, Debra.
Debra, I want you to ask your daughter for guidance, empower to help you as you empowered her to help herself, SHE will guide you, and the two of you will figure this out together if he has the ability to have saved a hundred and ninety thousand dollars, SHE continue you to do the same. SHE would love that you are coming to her. Now, this circle has been completed.
You have to be wondering, maybe why did we choose this particular story to tell you? And there are so many lessons in this story to get out your little suzy, no books, because the lessons involved here are what? Kt, what would you say they are?
Trust yourself with your money more than anyone.
I, one of the major laws of money is trust yourself more than you, trust others. I find IT very hard to believe that Debra didn't feel like something was going wrong during this time, but sometimes we don't want to know, so we just don't investigated. It's your money, and what happens to your money directly affects the quality of your life.
Not some lawyers life, not some financial advisers life, insurance agents life, but your life. And you can see in this story how other people, one person, just one, they came recommended, by the way, how is totally affected debris life? But when that does happen, you have to have faith that everything happens for the best.
Write that down because look at what her daughter learned from loss, not from game, not from privilege, not from all the gifts that you could buy her, not from the new car you could have bought her, whatever IT may be. Look at the string IT made her daughter have. And so many times, so many of you write me, and you feel so bad, just like Debra, that you couldn't give your children all the things you wanted to.
You had to have them take out loans. You couldn't do that. You can do that without even realizing how you gave them the greatest lesson in life, which is a lesson that all the money in the world can never buy.
And that is a lesson of string, a lesson of knowing that you can do IT no matter what happens. And that was what Debra passed down to her daughter. What would you say with the value of that lesson? What would you say is the cost of that lesson? IT is a Priceless, Priceless lesson.
You might wanna listen to this story over and over again and ask yourselves the questions. If this would happen to you, what would you have learned? Debra finally has learned to hour herself not everything SHE created as a corporate person in a house, and mister that, but honor the gift that he gave her daughter, and now the gift that he is going to give her self. What do you want to say? K, T.
for me, what resonated most in the story is the same. But I say a little differently is just have faith in yourself.
You have to, and you have to know that no matter what happens in your life, you have to stand in your truth and have the strength to Carry on. Never ever forget that. So until next thursday, K.
T, there's really only one thing that we want you all to remember, and a little bit different this week. It's stand in your truth and remain connected to your own device. If you do that, what will happen? Kt, you will be unstable. Bye now.
They are when they were single minds of. I don't. I'm so fired.
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