Suze Orman

I strongly believe that everyone should have an emergency fund that covers at least six months of expenses. Life is unpredictable, and having that safety net can protect you from unforeseen circumstances like job loss, medical emergencies, or major home repairs. It's a crucial part of financial security and peace of mind.

I strongly believe that financial education should be a mandatory part of the high school curriculum. Understanding how to manage money, save, invest, and avoid debt is crucial for young adults. Financial literacy empowers students to make informed decisions and secures their financial future.

While real estate can be a good investment, I believe that stocks often offer higher liquidity and greater potential for growth over the long term. Diversifying your portfolio with a mix of stocks and real estate is usually a safer approach.

I believe that for the majority of investors, especially those who are not financial experts or do not wish to spend a significant amount of time on portfolio management, index funds are a wise investment. They offer broad market exposure, lower costs, and typically perform better over the long term than actively managed funds due to their low expense ratios and the difficulty active managers have in consistently outperforming the market.