Though renters can’t build equity through their monthly payments, committing to a mortgage payment, property taxes, homeowners insurance, and consistent maintenance costs may not make sense for seniors living on a fixed income.

How much money do you need to retire with? Well, the answer is a bit different for each of us, but here's a shocker; noted financial guru Suze Orman has said that a $2 million nest egg is essentially chump change. "Two million is nothing. It's nothing. It's pennies in today's world, to tell you the truth."

It can pay some pretty sizeable dividends to listen to the voices of popular personal finance gurus like Dave Ramsey and Suze Orman. Indeed, for those looking to take command of their financial futures,

Personal finance author Suze Orman hopes people have not spent too much money during the festive break. She also shares thoughts about one surprising gift that is still left to give. 🎁 Don’t Miss This Amazing Holiday Move!