Smallscreen News

The Joy Behar Show: Tonight's advice from Suze Orman: suck it up!

By April MacIntyre Mar 17, 2011, 23:41 GMT

Suze Orman - Hyatt Regency Century Plaza - Century City, CA, USA © Chris Hatcher / PR Photos

Tune in alert and a sneak peek from tonight's interview with personal finance guru Suze Orman.

On tonight's show, Suze answers your questions about finances and managing your money.

One of her top tips?

“Live below your means, but within your means.”

Here are some ways to "Suck It Up" courtesy of BeingFrugal.net:

    * Only get haircuts every 8-10 weeks, instead of every 6 weeks.
    * Cut your own hair.
    * Do your own manicures.
    * Shop for Christmas gifts year round to catch the good sales.
    * Compost…it’s good for the garden.
    * Dumpster dive, if you’re brave and it’s legal where you are.
    * Sell something every week.
    * Never spend change. Collect it and put it in a savings account.
    * Get rid of excess stuff. It costs less to store and maintain.
    * Sell it on eBay or Craigslist.
    * Or have a garage sale.
    * Or give it away on Freecycle.
    * Sell homemade items on Etsy.
    * Don’t watch TV. It cuts down on wants.
    * Get rid of the TV all together.
    * Enter blog giveaways. You never know what you might win.                           * If you get a raise, don’t increase your lifestyle. Save the extra or pay off debts!
    * If you’re a two income family, make sure the second income is more than the expenses associated with working.
    * Use a fee free credit card with rewards. Charge everything to get the rewards. But ONLY do this if you are diligent about paying it off every single month. If you pay interest, it isn’t worth it.
    * Pay off debt as quickly as possible. Saves on interest.
    * Make sure you get get the best interest rate on your savings, CD’s, etc.
    * Invest your money. Make it grow.
    * Use a budget.
    * Use a spreadsheet to keep track of variable expenses.
    * Use cash.
    * Change your mindset. Instead of thinking “what do I need to buy?”, think, “what do I have that I can use?” That’s how people got through the Great Depression.
    * Give stuff you don’t use to others. It gets your mind off of your situation and onto others. And it promotes a sense of contentment and gratitude.

Check out 7 Tips from Frugal Billionaires while you're at it: LINK