I was watching The Suze Orman Show this past Saturday and enjoyed it, per usual. Not all of the information applies to me, but I learn something each time. If you don’t know who Suze Orman is, she’s a financial guru. I think there are lots of people out there hawking good financial information and much of their advice overlaps. IMO, the key to picking any of it up and applying the tips is how you connect with the speaker. I connected w/Suze at some point a number of years ago. Her biography of how she got started in finance was very interesting. I won’t spoil it for those that may discover & read in the future.
One of the books she wrote & that I own is Women & Money: Owning the Power to Control Your Destiny
The book was showcased in 08 (?) on PBS, which is how I found out about this particular one (she has a number of them). Each chapter in the book focuses on a task you should pay attention to — credit cards, life insurance, wills, etc… I am reaching into my distant memory on this, so you should look up the info yourself or thumb thru the book next time you’re in a bookstore. There was one thing I did follow advice on and that was to sign up for a savings account thru Ameritrade. There was a deal if you set up an automatic transfer and kept it going for a year, you get $100 in the Ameritrade account. I decided to auto save $50/month. I don’t know if that was the minimum, but that’s what I set up and still have. It’s been 2 years now and I have saved $1200 as a result of the auto transfer. The point of the amount is to underscore how easy it is to save money behind your back, so to speak. I save more than the auto transfer and I’ve saved long before I linked up with Suze Orman’s advice, but I do appreciate the lure of the $100 that inevitably reminded me of how effective an auto savings plan is. There are some other tips I did from the book, but I didn’t do them all. Again, I think if you do at least some financial planning, that’s a good start. Don’t sit around waiting until you have X amount of dollars or expecting you will hire someone to do it. Get involved with the money you have at whatever financial rung you’re currently on and know what’s going on with it.
Now back to last Saturday. On the show, there was a woman who was explaining her financial situation. Suze brought up the topic of weight. I don’t know where the following correlation is from, who did the research, etc… but Suze said people gain an average of 2 lbs for every $1000 they are in debt. The woman’s $15k problem tied in with her 30 lbs of excess weight. Crazyness. Or maybe some of you have heard of this 2 lb/$1000 assertion. For the record, I don’t think this means skinny people are debt free. *lol* Anyway, that correlation really stuck with me. One reason is because a couple weeks ago I watched a DVD of another speaker who said that excess weight is a protective layer. She went onto say that weight is a physical manifestation of how we’re trying to protect ourselves from something trouble our minds (fear, anger, abuse). It’s kind of deep, but I’ve been thinking about how spring is here and I’m going to drop my winter weight. Now I’m wondering if I will, or if the things that worry/anger/annoy me are going to keep the weight on.
What do you think? Will you be trying to lose weight for the summer? Do you see a correlation between your weight and money? Do you think someone can lose weight without resolving emotional issues? Or do you think the emotions have to be dealt with first and then the weight comes off?