Tuesday, May 3, 2005

Suze Orman Puts Her Bling Where Her Mouth Is

CHICAGO (Wireless Flash - FlashNews) – Later today (May 3) in New York, financial adviser Suze Orman will be putting her bling where her mouth is when she lectures hip-hoppers about financial stability.

Orman will be speaking at the Hip-Hop Summit Action Network’s Financial Empowerment Series, a function headed by rap music mogul Russell Simmons.

Orman claims the hip hop generation is in financial trouble, and she plans to teach them how to, in her words, “make more out of less.”

She says hip hoppers don’t know what their FICO credit card scores are; pay 25 percent in credit card interest when they don’t have to; and have ruined their credit so much that they can’t even rent an apartment.

That’s why she plans to get down to their level.

Orman says she knows she can reach the younger investors because, like them, she grew up in the inner city of Chicago, and secondly, because young hip hop males are the No. 1 demographic of her weekly show on CNBC.

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