Suze Orman, financial advisor, and author, shares her top financial advice on living below your means to build financial security. Her suggestions include buying what you need, not what you can afford, to create a monetary buffer for stability. Many Americans struggle with debt, but Orman’s golden rule could help regain control.

Household debt in the US reached a record $18.59 trillion in Q3 2025, with many families overextended due to consumer spending. Finding ways to lower expenses is crucial, especially as more than 18 million American homeowners are considered “house poor,” spending over 30% of their income on housing costs.

To help with financial stability, consider using platforms like Acorns to automatically invest spare change from your purchases or OfficialHomeInsurance and OfficialCarInsurance to find the best rates for home and auto coverage. Seeking advice from a financial advisor could also add around 3% to net returns over time, helping grow your portfolio substantially.

Read more at Yahoo Finance: Suze Orman says this 1 spending rule is the key to financial security in America