Suze Orman and her advice to me
By Randell Tiongson on February 27th, 2012When I was asked if I would be interested to attend a special meeting with Suze Orman, I almost dropped my phone out of excitement. This lady is a prime mover in the personal-finance arena and probably the most popular and perhaps the most influential itself. I would be crazy not to drop anything and rush into this appointment.
When given the opportunity, I asked her how finance media people like me can help in the financial education of the Filipinos. I mentioned that personal finance material is not a popular thing Pinoys care for as much as they should.
Here’s what the famous personal-finance icon told me: “stop writing about money that people don’t have.” Wow! She encouraged me to write about stories of people, how they deal with their issues. People don’t like to be lectured at, they want to find hope. Too many times, writers & speakers like me get embroiled on all those technical things, too much on the nose bleed stuff. Suze was dead on and was a good reminder that I should always think about the readers are concerned about. She encouraged me to get the people to first care about their financial future, open their minds and challenge their set behaviours. When they get their acts right, they will naturally yearn to learn more, understand the rudiments of investing and be ready for heavier stuff.
She also encouraged me to continue with what I am doing and that she has so much faith in the spirit of the Filipinos. It was nice to know that she also likes the work of Dave Ramsey, someone who has such an influence on me. There are many finance coaches out there and many of them Suze Orman doesn’t really like but “Dave Ramsey is one of the few guys I like” she muses.
In a short period of time, I learned much from Ms. Suze Orman but what I didn’t expect was that she will also motivate me. In the next blogs, I will write more of the stuff I learned from her or cross-post articles that I am writing for other sites, publications.
Thank you Bank of the Philippine Islands for inviting me, it sure was an honor and a blessing to finally meet an icon.
wow this is good randle! “Stories that write about people’s issues !” I think this is also why Chinkee’s seminars are well loved since when people get out they feel empowered with things they could address ‘right away’. Thus, the suggestions have an immediate effect. Looking forward to learning more from your blogs 🙂
Blessings,
Glennis
Two things:
1. Saving or financial literacy in general is not indeed popular in our culture. We’re more on the bahala-na system.
2. People don’t like to be lectured at, they want to find hope…You must have been so surprised with her advice but I really like what she said.
Congratulations Sir Randell! Those are once-in-a-lifetime nuggets Ms. Orman 🙂
“stop writing about money that people don’t have.”
Great advice! Filipinos love stories instead of lectures. I completely agree!!!
Suze Orman’s visit will only boost financial planning in the Philippines. Good job Randell!
Filipinos have money. What the filipinos don’t have is the motivation to save and to grow their money.
Can’t wait for your next posts on the lessons that you’ve learned from Suze Orman.
Lucky you! Especially useful in the HR profession!
Rubbing elbows with financial authors. Wow. When will I see the picture of you and Dave Ramsey together? Hopefully soon!
“stop writing about money that people don’t have.” absolutely right, introduce them the art of making money instead. (better if you don’t ask a single penny to start with). I know of an organization who quietly move from one area to another area and have successfully injected the real entrepreneurial spirit to every lowly mother (member) and now experiencing the fruit of what this organization aspire for. Please view them at facebook: hakbangpinoy@yahoo.com
Wow, this is nice! congrats for meeting Suze Orman.. I hope dave visit the Philippines soon.