VIDEO : How Do I Prioritize Paying Monthly Bills Versus Saving For Retirement?

Suze Orman recently appeared on The Today Show and gave 5 minutes of practical money management advice.  Not everyone’s a fan of Ms. Orman, but this is an interview worth watching.

The segment’s theme is “What should you do first?“, pitting real-life financial scenarios against each other, including:

  • Pay off credit card debt, or save for an emergency?

  • Pay off student loan debt, or pay off credit card debt?

  • Save for retirement, or save for a child’s college tuition?

The advice is practical and relevant to most homeowners’ lives and, although financial tips are never one-size-fits-all, there’s some real gems in the segment.

Watch the entire interview at The NBC Today Show website.