Suze Orman's advice during this economic tough time

Check out Suze Orman interview and The Suze Orman Show on CNBC.

Her advice during this economic tough time:

• You know you need to build an emergency savings fund that can cover six to eight months of living expenses; so you and your family will be okay if you are laid off.
• You know you need to get serious-finally-about tackling your credit card debt, because you understand how a high unpaid balance can mean big trouble in 2009.
• You know you need to invest more for retirement to have any shot at living comfortably later in life.
• You know you need to sit down with your child and discuss how much you can honestly afford to cover for college

If you honestly know all that, you will not spend money on holiday shopping that should instead be used to build financial security. I want better for you and your family. Focus on what you know you have to do to build security and you will give your family the most wonderful gift of all.