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and suze orman has helped many families get back on track. a couple of things here. you've talked a lot about the fact that the middle class is shrinking, particularly over the last few years. we know the median family income is only about $50,000 a year. it's either a couple making $25,000 each or a single person making $50,000. it's not much, especially if you've got kids. then you've got the government, coming out with a shocking report that one in six americans is poor today. 45 million americans. how do people get out of poverty when you look at those kinds of statistics and the economic environment that we're in today? >> now, i wish i had an answer to that one. you know, i've said before that there is a highway into poverty today, and there's not even a sidewalk out. and there's very little, once you get there, and you are so there, that can be done to help you at this point in time. because there aren't the jobs, there aren't the resources, there aren't the credit limits that there used to be. so the real key here is, what can you do o

with your gift of $75, you'll receive a dvd of this program suze orman's "money class," with the great bonus footage that is fun but also has even more information in it than what you saw in this broadcast. now with a $150 gift, we'll thank you with the dvd and "the money class" book and that book has advice and information that applies to people of all ages and situations from starting your child's college savings plan to how much you should spend on a new home to managing your finances in retirement. at the $250 contribution level, you'll receive "the money class" collection featuring the 6 cd "money tools" set. the cds will protect the people you love, the money you worked so hard for, and the things you acquire with that money. the legal documents, credit report and other resources are virtually invaluable and can be shared with everyone you love. along with the 6 cd set, you will receive "the money class" dvd and the book. choose the amount that's right for you and then give us a call or go online and make your contribution right now. suze, what i love about all this too is it's n

suze orman is here with answers to your problems.ll right. let's talk about these uncertain times. people are looking at washington, seeing that these issues aren't being resolved. what should people do in the face of that kind of uncertainty? for example, if you were looking to make a big purchase, is this a good time do it? >> if you have money. if you have an eight-month emergency fund, no credit card debt, you are fully funding your retirement, if you lost your job, everything could still be okay, you want to buy something, buy it. but if you have to buy it right now, put it on a credit card, finance it with a home equity line of credit, can you just think twice? can you just still be conservative? >> let's talk about paychecks, a lot of people in january may be noticing that their paycheck is smaller. that's because of a reduction in the payroll tax has expired. >> that's right. >> explain that. >> so, forever, one way that we fund social security, all that we tax, our payroll. so, it always was 6.2%. but then when things got ro

let us bring in personal finance guru zye orman host of "the suze orman show."ions in mortgage debt. >> we are not addicted to debt. we are addicted to what money can buy and we want what we can buy even if we don't have the money to buy it. >> another four-letter word ending in a "t." >> we are addicted to bigger homes, fancier cars, fancy jewelry, better schools for our kids, and money is the only thing that you can spend even if you don't have it. i think about it. you want cookies in a cookie jar? if there are no cookies in the cookie jar, you're not going to get a cookie. you have no money. you have credit. you can buy things without having to pay for it. so we're addicted to that. >> can you though? things have become so expensive, right? medical cost, medical insurance, sending your kids to college, buying a home, buying a car, these are all basic necessities for many people's lives. how can you afford it without going into debt these days? >> there's one thing about going into debt such as mortgage debt. lock in the interest rate, smaller payments, whate

but from all of us here on "the suze orman show," we wish every single one of you a very, very, very happy new year. we thank you for watching us. we thank you for sticking with us all these years and we can't wait to do it again next. now you know. but until then there's only one thing that i really want you to remember when it comes to your money and it is this. people first, then money, then things. now you stay safe. bye-bye. >>> this is options action. tonight, money in the bank. financials soar in the new year. fear a rally? dan nation has a love in citi that can make you some money if the stock goes up, down or nowhere at all. plus, heavy metals. gold and silver see their worst week in eight years. some say the pain is just starting. we'll tell you where they see them heading next. and retail has been a wreck. why were all of those trailers piling at the heavy call? the action begins right now. >>> let's get into the options action right thou. the s&p closed at levels right now. is it too late to get in? how should you position your portfolio? let's get into the money and find

that's what "the suze orman show" is all about and i want you to know that. this is the place i want you to come when you're afraid, you don't know where to turn, you want the right answers, you want to know that you are cared about and that somebody's telling you what you need to do so that you can live the best financial life possible. you stand in your truth and just be who you are. that's where it all starts. now you know. and so until next week, there's only one thing i want you to remember when it comes to your money and it is this, people first. that means you. you first. take care of yourself first, then money, then things. now you stay safe and truthful. >>> this is options action. tonight, face saver. lost money on facebook? don't worry. we'll explain why. plus, will amazon follow apple? carter thinks so. they have a trade that can make four times your money in three months. >>> and it's the brawl heard around the world. >> he is like the cry baby in a schoolyard. i went to a tough school in queens, used to beat up the little jewish boys. he is like

joining me now is suze orman, the host of cnbc's "suze orman show." thank you for joining us.for us. what is this payroll tax and why are they taking more of it out of people's paychecks? >> well, they're taking more out of people's paychecks because they're taking away something, it seems, that we didn't have. if that makes any sense. so we used to pay payroll tax to fund our deficits and then, because the economy was so horrible, they gave us a break on it of 2%. now, they're just adding that back in, because they need money. so we're just paying more taxes. everybody's paying more taxes in order to pay the bills that we don't have the money to pay. it's really just as simple as that. >> it's probably a little confusing for some people because when they were listening to the budget negotiations at the end of the year, people were telling us, well, the only people who are going to get a tax increase are people making more than $400,000. it turns out this goes from 4.2 to 6.2. who is that going to affect? >> it's going to affect absolutely every single person. the person it's

. >> put on your suze orman hit.uld employees adjust, file new w-4 forms to adjust the with holdings to make up this money? >> you can if you want to or adjust your lifestyle a little bit. now you're talking about not huge amounts of money here but lifestyle choices that we make in terms of discretionary income, lattes that you buy and trips you take and things you go to the store for. all of those little things add up. with this hit coming from most people's payroll, they want to pay attention to what they are spending and find ways to carve out little bits and pieces of savings throughout the month. >> great to see you, sir. >> thanks for having me. >> new york city subway riders get a taste of it every day. for those who don't know, there's never really a dull moment when you're underground from the teen who licked a hand railing for a dollar, to the woman who threw spaghetti in the face of another commuter. this week, video of a man who belted out queen's bohemian rhapsody. take a look. ♪ >> no one turned their h

a text from suze orman who i believe rules the world and should.et him down. >> you provide aid service for everyone. you've really serviced the country. >> i apologize to david letterman, the rest of america and norway and i feel i did not complete my task. and i had one task tonight. and i don't -- i feel you that -- >> listen, it would have been a first for me. and i'm just not ready to go there. >> i think we should try. >> no. i think -- >> this is the perfect network. this is the most appropriate time. >> so we had an online poll. this is our sixth year co-hosting on new year's eve. i don't know why they allow us to do it every year. >> i love it. >> it feels like a poke in the eye. or a blank in the eye. so many memorable moments. we did an online poll asking viewers to name their favorite moments over the years. this one tops the list. >> are you kidding me? >> we just saw lady gaga and i thought -- >> are you kidding me? i swear, i'm literally talking to you guys and i turn around -- >> why can't we do a block where i'm in my underwear? >>

a text from suze orman, who i believe rules the world and should.r who you let down. >> so i'm going on the david letterman show -- >> i'm a huge fan of david letterman. >> i love david letterman too. and he loves you. he loves our little reppar taye. so he -- >> he dared you something? >> he dared me to see how close i could come to servicing you -- >> i don't know what you're talking about. i don't know those words. i don't know what you mean. >> and i feel like i let him down. >> you provide aid service for everyone. you've really serviced the country. >> i apologize to david letterman, the rest of america and norway and i feel i did not complete my task. and i had one task tonight. and i don't -- i feel you that -- >> listen, it would have been a first for me. and i'm just not ready to go there. >> i think we should try. >> no. i think -- >> this is the perfect network. this is the most appropriate time. >> so we had an online poll. this is our sixth year co-hosting on new year's eve. i don't know why they allow us to do it every year. >> i love

wayne dyer and suze orman just to name two of the people bringing you the best information to help you live your life to the fullest. so, to quote chris' brother-in-law again what do your feet want to do? i hope your feet are taking you to the phone to make that call of support right now. and when you do, we have many compelling thank you gifts that you'll treasure as tangible reminders of your continuing role in keeping public television alive and vital. lyn may: one of the things i said to you that surprised you that i think is worth talking about especially for women in my age group i'm heading towards seventy and when i said i don't take anything but a vitamin you were really surprised. dr. northrup: i was very excited about that, when you said, this is a women who is not on prescription drugs, you would think you were listening to the mainstream media, that prescription drugs for seniors is the number one health problem in the country. lyn may: absolutely. dr. northrup: it is not, my mother is not on any prescription drugs whatsoever, she's 84, lyn, you're almost 70. lyn may: yep,

join us for "suze orman's money class." and now, please welcome suze orman!mes, haven't i? and i really thought that i had taught you everything that you could possibly need to learn when it comes to you and your money. what more could there be? just a few years ago i stood up here and the economy was doing great. the stock market was skyrocketing real estate was off the charts. so many of you came up to me and said "oh my god, suze i just bought my third home." and here we are, a few years later, and i have to tell you everything that i thought was real everything that i thought was good financial advice then, no longer holds true today. what a shame... what a shame. we all have to go back to class every single one of us to learn what we need to do today, to create what i am calling the new american dream. as i stand here in front of you we have about 15 million people in the united states of america, able-bodied men and women who want to work. they need to work, and they cannot find a job. we have millions and millions of you who purchased a home. you didn'