Saturday, May 21, 2011

Finances on TV

If you are looking for sources of personal finance information, there are two shows on CNBC, The Suze Orman Show and Til Debt Do Us Part. The Suze Orman Show is on from 8:00-9:00 PM (CT) Saturday nights. Til Debt Do Us Part has two segments also on Saturday from 9:00-9:30 (CT) and 9:30-10:00.

On The Suze Orman Show, Suze usually has a guest on that has a financial problem, answers questions from callers and the “Can you Afford It” segment. During the “Can you Afford It” segment viewers call in with something they want to purchase, after looking at their finances, Suze either approves or denies them. Sometimes you may wonder why she approves them, but like she says with their finances they can afford to do it but many times she still tells them she doesn’t think they should make the purchase. Sometimes she has a follow-up call where she hast the person on the show again to see if they did make the purchase.

Til Debt Do Us Part is hosted by Gail Vaz-Oxlade. She meets with couples once a week for a month to work on getting their finances in order. In a lot of the cases, some couples are spending $3,000 - $5,000 more each month than they make. Some couples spend twice the amount of their income. She shows them where their money actually goes, how much debt they actually do have and how much debt they will be in 5 years from now if they stay on the track they are on. Each week she gives them an exercise to do to either make more money or to learn to work together better. If they follow her instructions and show they are willing to continue to work on getting out of debt, at the end of the show she rewards them with a check of up to $5,000 to go towards their debt.

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