Suze School: The World of the Unexpected
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Sun, August 13, 2023
Podchat Summary

Episode Description: Being Prepared for the Unexpected

In this episode, Suze shares some valuable insights on the importance of being prepared for unexpected events. She starts off by recounting a story about renting a movie theater and posting a video on the Women and Money Community app, asking if it was true or false. Suze then shares another story about Steve Jobs and Steve Wozniak renting a theater to watch a movie, only to reveal that the story she shared was false and she would never waste money like that.

From there, Suze delves into the topic of preparedness, discussing the significance of being ready for unforeseen circumstances such as natural disasters or accidents. She emphasizes the need for listeners to have important documents and an inventory of their belongings in a safe place. Suze also shares a touching story about a survivor of domestic abuse who is setting up a life insurance policy for her children. She advises the survivor to designate a successor beneficiary in case something happens to her eldest child.

Throughout the episode, Suze stresses the importance of having a plan in place for unexpected events and highlights the difference between primary and contingent beneficiaries. She encourages listeners to review their beneficiaries and ensure that everything is in order. Don't miss this insightful episode that will help you be prepared for whatever life throws your way!

Original Show Notes

With all the recent natural disasters occurring throughout the world, are we prepared for what could happen in an emergency? Will our beneficiaries know how to execute our wishes?  Do we have backup copies of our important documents?  Suze talks about why we have to be prepared for the unexpected and how to do it.  

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