Dishing out her trademark no-nonsense advice, financial guru Suze Orman offered up some valuable money tips at The Grove with Mario Lopez.
The first helpful advice from Orman had to do with retirement funds. The most common mistake people make is "they take loans from their 401K plans to pay their bills today, and what they don't realize is that money in a 401K is protected from bankruptcy."
Suze also suggested cutting down on the plastic, saying, "You don't need more than one credit card, two at the most."
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