After a heated election cycle, many people feel anxious and uncertain about the political and financial future. Suze Orman, financial expert and host of the Women & Money podcast, has heard countless listeners expressing fear, anger and worry in the aftermath of the election. In her postelection podcast episode, she offered a calming perspective, urging her audience to stay grounded, avoid giving in to political fear and focus on their financial path.
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Orman acknowledged the deep emotional reactions that many people are having, especially with such a divisive political climate. She shared that she, too, preferred who should win the election but emphasized that now is a time to come together and focus on what matters: personal well-being and financial stability.
“What you have to do is live in the present,” Orman said. “Live in what is happening at this very moment in time.” She advised listeners against making drastic decisions out of fear – such as pulling money from FDIC-insured accounts or abandoning the stock market altogether. Instead, she stressed that individuals should trust their ability to navigate challenges in the present and focus on building long-term wealth that doesn’t depend on political outcomes.
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Orman reminds her audience that true wealth doesn’t just stem from money. “When I say wealth, the definition is that which can never diminish, that can never be taken from you.” She encouraged people to focus on cultivating internal wealth – knowing their thoughts, being true to themselves and standing by their values regardless of what others think.
She also highlighted the nature of financial crises and disasters that have occurred over the years and that, while there is a recovery period, people must recover and rebuild. “Money can always come and always go,” she said. However, personal resilience, integrity and a clear financial strategy remain constant.
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For those feeling overwhelmed by what the future may bring, particularly regarding finances, Orman stressed the need to focus on the basics of financial empowerment. Understanding your investments, practicing dollar-cost averaging and staying involved with your money are some steps she outlines for creating financial security.
