Preps Talk

5 Questions with...Suze Orman

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5 Questions with...Suze Orman

Wednesday, Dec. 29, 2010

By Jeff Nuich
CSN Chicago Senior Director of CommunicationsCSNChicago.com Contributor

Want to know more about your favorite Chicago media celebrities? CSNChicago.com has your fix as we put the citys most popular personalities on the spot with everyones favorite local celeb feature entitled 5 Questions with...

On Wednesdays, exclusively on CSNChicago.com, its our turn to grill the local media and other local VIPs with five random sports and non-sports related questions that will definitely be of interest to old and new fans alike.

This weeks guestwithout question, one of the most popular and well-respected personal financial advisors in the world todayshes earned countless awards and accolades in her illustrious career and is as successful as they come in reaching her massive fan base via all forms of mediathis Chicago native can be seen every Saturday night at 8:00 PM & 11:00 PM CT on CNBC as the host and star of her very own showjust a fabulous woman whos one of our very ownhere are 5 Questions withSUZE ORMAN!

BIO: Suze Orman has been called a force in the world of personal finance and a one-woman financial advice powerhouse by USA Today. A two-time Emmy Award-winning television host, New York Times mega bestselling author, magazine and online columnist, writerproducer, and one of the top motivational speakers in the world today, Orman is undeniably Americas most recognized expert on personal finance.

Orman is the contributing editor to O The Oprah Magazine, the Costco Connection Magazine and for the last nine years host of the award winning Suze Orman Show, which airs every Saturday night on CNBC. Over her television career Suze has accomplished that which no other television personality ever has before. Not only is she the single most successful fundraiser in the history of Public Television, but she has also garnered an unprecedented seven Gracie awards, more than anyone in the 35-year history of this prestigious award. The Gracies recognize the nation's best radio, television, and cable programming for, by, and about women.

In October 2010 Forbes honored Orman as one of The Worlds 100 Most Powerful Women. In May 2010 Orman was presented with an Honorary Doctor of Commercial Science degree from Bentley University. In that same month, Orman received the Gracie Allen Tribute Award from the American Women in Radio and Television (AWRT); the Gracie Allen Tribute Award is bestowed upon an individual who truly plays a key role in laying the foundation for future generations of women in the media. In October 2009 Orman was the recipient of a Visionary Award from the Council for Economic Education for being a champion on economic empowerment. In July 2009 Forbes named Orman 18th on their list of The Most Influential Women In Media. In May 2009 Orman was presented with an honorary degree Doctor of Humane Letters from the University of Illinois. In May 2009 and May 2008 Time Magazine named Orman as one of the TIME 100, The Worlds Most Influential People. In October 2008 Orman was the recipient of the National Equality Award from the Human Rights Campaign. In April 2008 Orman was presented with the Amelia Earhart Award for her message of financial empowerment for women. Saturday Night Live has spoofed Suze five times during 2008-2010. In 2007, Business Week named Orman one of the top ten motivational speakers in the worldshe was the ONLY woman on that list, thereby making her 2007s top female motivational speaker in the world.

Orman who grew up on the South Side of Chicago earned a bachelors degree in social work at the University of Illinois and at the age of 30 was still a waitress making 400 a month.

1) CSNChicago.com: Suze, thanks so much for taking time to share a few minutes with us. Lets get right to itWe couldnt be prouder to say you were born and raised in our great city. Whats your fondest memory about growing up in Chicago?

Orman: There are way too many for me to recount in the space allotted, however, my favorite would have to be during the summer riding my bike all by myself from 81st and Oglesby where I lived to LaRabida and sitting there and watching the boats go by on Lake Michigan. It was warm, beautiful and it allowed me to daydream about the what if's of life. And when I think back about the what if's that happened to me...all I can say is WOW! Here's to daydreaming at LaRabida!

2) CSNChicago.com: You grew up on the south side of Chicagois it safe to assume youre a White Sox fan or did you grow up rooting for the north side Cubs as well?

Orman: My dad was hard of hearing and back then, the hearing aids were not as great as they are today... so when my dad watched TV everyone in the family watched what my dad watched, whether they wanted too or not.

The TV was so LOUD!

I suppose, it was just easier to go and sit with him and enjoy our only TV and watch the White Sox, Bears and Blackhawks, screaming for Bobby Hull! And yes, every now and then we even turned on a Cubs game. However, to this day, I am an avid sports fanjust ask Coach Lovie.

3) CSNChicago.com: Youve been a crusader in helping young career starters get out of their financial crises via your on-going advice and best-selling book The Money Book for the Young, Fabulous and Broke. For most young adults, its either student loan andor credit card debt thats really hurting their financial advancement. What are your Top 3 keys in helping young adults get out of their financial debts right now?

Orman:

1) Don't get in debt to begin with. But if you are already in debt, don't think you can ignore your debt, for you can run but you cannot hide. You have to face it to erase it. So the first tip is to tell everyone you know how much debt you have. Why do I want you to do this? Because if you do, then others will start to be honest with you as well, as you will all realize that none of you have any money. So there is nothing wrong with not going out to spend money you don't have to impress people you don't even know or like. Use that money to pay down your debt. When you get honest about who you really are, what you have starts to increase. Don't believe it? - then just give it a try.

2) Make paying off your student loans that carry an interest rate above 4 your number one priority in your financial life. Student Loans cannot be discharged in bankruptcy (in most cases). So while you may think that you are getting away with not paying your student loans you most certainly are not. The loan companies are just waiting till your 40,000 of student loan debt grows to 100,000 or more and then you can bet your little bippy that you will hear from them. They can garnish your wages to get that money; they can even, as you get older, take your social security check. So you best get on those student loans right now do you hear me! Don't wait - and pay them down now. By the way, what is a bippy?

3) If you have credit card debt on a credit card with a major bank and if you have a good FICO score (anything above 720), you should consider doing a balance transfer to a credit card issued by a Credit Union. Did you know that federally chartered credit unions cannot charge you more than 18 interest by law on your credit cards? Hmmmmcompare that to the 29.9 you may be paying on some of the major banks credit cards. Not all credit unions credit cards are created equal, so go to creditcardconnection.org to find a great credit union near you. And yes, anyone can belong to a credit union.

4) CSNChicago.com: Although things appear to be improving, what are your general thoughts on the Obama administrations handling of our nations financial crisis and is there hope in your opinion that national financial stability will once again take hold in the near future?

Orman: If you are willing to get involved in your own financial affairs and not wait for the government to save you, the economy to save you, the stock market or gold market to save you - and you believe that you have what it takes to save yourself - then you will be just fine. At times like this, you need to learn to live below your means but within your needs. That word was BELOW your MEANS not WITHIN THEM. As far as the President? Well, to find fault or praise with anyone at this point in time does no one any good. What can help is you making the decision that you are going to get involved with your money and help yourself create your New AMERICAN DREAM.

5) CSNChicago.com: Naturally, we all know money doesnt equal happiness, but what would you say to someone who says to you: Money is the root of all evil.

Orman: I would say. You are so DENIED. Are you kidding me! Money itself never did anything to any of you. It can't - it is just a piece of paper! It does not cry when you rip it. It does not call out to you to say "hey you lost me." Money is nothing more than a physical manifestation of WHO YOU ARE. You go out and work for money. You invest, spend or save the money you earn. Without YOU, your money cannot do anything. So, if you think you are the root of all evil, then go ahead and think it. But that too is just a waste of your time. Here is the truth: Money alone will never make you happy, but lack of money sure will make you miserable.

BONUS QUESTIONCSNChicago.com: Thanks again Suze for sharing your time with us. Just one last question that we must knowwhat is Suze Orman doing for New Years Eve this year?! Please tell us

Orman: I will be in Los Angeles with all my friends at the OPRAH WINFREY NETWORK (OWN), watching this amazing network go live for the first time at midnight. I cannot wait. Now that is something to raise your glass to.

Orman LINKS:

Suze Ormans official website

The Suze Orman Show on CNBC

Suzes upcoming RadioTV appearances

Suzes financial Resource Center

Suzes Money Minded Moms site

Contact Suze

High School Lites features several teams with long winning streaks

High School Lites features several teams with long winning streaks

High School Lites is focused on the small schools this week as the show sticks with Class 1A and Class 2A teams that you need to get familiar with before the state tournament. The show has some long winning streaks to keep an eye on as teams with 15, 14, 13 and 12-game winning streaks will all be featured on Friday night.

Be sure to catch an all-new edition of High School Lites on Friday on 11 p.m. on NBC Sports Chicago.

Thursday

Fenger at Corliss, 6:30 p.m. -- We head to the Public League White-South for this one as Corliss hosts Fenger. Corliss (16-2, 7-0) is riding a 14-game winning streak as they've only lost to one Illinois opponent this season. Senior big man George Conditt is a major All-Area threat as the Iowa State commit is putting up massive numbers. Fenger (8-7, 2-5) has dropped three straight games as they try to earn a win over a rival to get back in the conference mix.

Friday

Aurora Christian at Mooseheart, 7:30 p.m. -- Undefeated Aurora Christian heads to Northeastern Athletic rival Mooseheart in this one. The Eagles (15-0, 5-0) are the only unbeaten team left in the area as they feature senior guard Jake Wolfe, an All-Area candidate and Lipscomb commit. Mooseheart (8-2, 4-1) is also in the midst of a solid season as they had an easy win over Alden-Hebron in their last game. 

Alden-Hebron at Westminster Christian, 7:30 p.m. -- Staying in the Northeastern Athletic, Westminster Christian hosts Alden-Hebron. The Warriors (13-3, 5-0) have won three straight games, including an important win over Mooseheart that helped keep them tied for first place with Aurora Christian. Alden-Hebron (2-13, 1-4) wil try to earn its first win in over a month.

Burlington Central at Marengo, 7:00 p.m. -- Two of the better teams in the Kishwaukee Valley play here. Marengo (10-5, 1-1) is coming off a 10-day layoff after beating Genoa-Kingston on the road. Burlington Central (16-2, 3-0) has won 13 straight games as they won the Plano Christmas Classic and their own Martin Luther King event. 

Crane at Collins, 5:00 p.m. -- Two unbeatens collide in the Public League White-South in this one. Collins (11-5, 7-0) has won three of its last four as they held off Jones for a win earlier this week. Crane (11-8, 7-0) is also hot as they've won three straight games heading into this one, as they also got a win earlier this week over Clemente. 

Momence at Watseka, 7:30 p.m. -- A matchup of unbeatens teams in the Sangamon Valley in this one. Watseka (13-5, 2-0) has won four straight games as they look to take the lead in the conference. Momence (14-2, 3-0) had an 11-game winning streak snapped when they lost to Herscher on the road. 

Northridge at Latin, 6:00 p.m. -- The Independent School League's top two teams do battle in this one. Latin (12-6, 5-1) is trying to catch up with Northridge for the conference lead as they just had a major test against Niles North in a non-conference loss. Northridge (12-5, 6-0) is coming off a win earlier this week against Morgan Park Academy as they 

Beecher at St. Anne, 7:00 p.m. -- The River Valley is one of the most hotly-contested conference races in the area, as four teams sit within one game of first place. St. Anne (8-8, 5-1) currently leads the league over three other teams as they've won four of the their last five games. Beecher (9-11, 4-2) gave St. Anne its only conference loss with a 52-44 win on Nov. 30 at home. Now the Bobcats see if they can pick up the season sweep on the road.  

Christ The King at Hope Academy, 7:30 p.m. -- A Chicago Prep Red conference game in this one. Hope Academy (15-4, 1-0) has won seven of its last eight as they're one of the better small schools in the city. Christ the King (10-7, 1-1) is coming off a win over Eisenhower earlier this week as they try to gain a game on Hope Academy in the league standings. 

Viewers’ Choice Game of the Week

Ellison at Northtown, 6:30 p.m. -- Our Viewers' Choice Game of the Week heads to the Chicago Prep Black as two conference unbeatens play. Northtown (13-4, 1-0) has won 12 straight games since a 1-4 start as they haven't lost since Nov. 30. Ellison (9-10, 2-0) has won two straight games as they try to take the conference lead. These two teams also play a second conference game at Ellison later this season on Feb. 5.

Vic Fangio delivers some refreshing honesty about the state of the Bears' defense

Vic Fangio delivers some refreshing honesty about the state of the Bears' defense

Vic Fangio took the podium at Halas Hall on Thursday after coach Matt Nagy and offensive coordinator Mark Helfrich fielded questions for about 30 minutes, and began his press confernece with a classic quip. 

“Alright, let’s continue this lovefest,” Fangio said. 

For a Bears team coming off a 5-11 season — the fourth consecutive double-digit loss season for the franchise — there’s been plenty of positivity pinging around Halas Hall since Nagy was hired last week. But Fangio showed up with a reality check on Thursday, at least as it relates to the defense he’ll return to coach for a fourth year. 

“There’s no doubt strides were made," Fangio said. “Not enough. I think it’s a wrong picture to paint that the defense was great and the rest of the team wasn’t. We were 5-11. 

“If we were a great defense we’d have more than five wins. There’s a lot of room for improvement there — a lot — and we need to do that.”

The Bears opted for continuity in enticing Fangio to return to coach their defense, which ranked 10th in total defense and 9th in points last year, but was 14th in defensive DVOA. This was a good, not great defense that won the Bears a few games (most notably, the 17-3 win over the Carolina Panthers) but struggled at times, too. 

A great defense? That’d be the Jacksonville Jaguars, which on the back of one of the league’s best pass rushes and secondaries has vaulted Blake Bortles into the AFC Championship game. A great defense wouldn’t have let Brett Hundley post a 110.8 passer rating against it in Week 10; a great defense wouldn’t have allowed Matthew Stafford to scythe through it on two occasions. 

And that Fangio — who’s generally honest and brings a no-B.S. attitude to his press conferences — acknowledged that eight and a half months before the 2018 season starts was refreshing to hear. It’s almost been easy to forget the Bears lost their 11th and final game of the 2017 season less than three weeks ago with a new, young, offensive-minded coach stepping into Halas Hall. 

There will be plenty of turnover on the offensive side of the ball — possibly an entirely different receiver corps than was regularly on the field in 2017 — but the defense will have some consistency, starting with Fangio and extending to his defensive coaches, who he said Thursday he expects to be back. This is a group that needs more talent at edge rusher and cornerback, Fangio is more concerned with developing the guys who are already here — and were why this was a “good” defense last year. 

“Guys like Akiem Hicks, Eddie Goldman, Danny Trevathan, Leonard (Floyd), Eddie Jackson, I know I’m going to miss some, I think they all have a lot more to give to us than we’ve seen,” Fangio said. “And it’s our job to get them to improve and become even better players. That will be more important to us than anybody we can acquire between now and whenever our first game is. 

“So, and I know it’s always sexy to talk between now and the first game, you know, who are you going to draft, who’s in free agency, etc., but we’ve got to get our so-called good players playing even better. And that will be critical.”

And that approach — moreso than his lengthy experience in the NFL — is why retaining Fangio made so much sense for the Bears. Nobody knows the strengths and flaws of the Bears’ defense better than Fangio; and keeping Hicks, Goldman, Trevathan, Floyd, Jackson etc., in the same scheme with the same coordinator and same coaches gives this Bears’ defense the best chance to go from being “good” to great.