A Suze Orman personal finance cruise?


The New York Times reported today on Suze Orman's upcoming "Sail with Suze" personal finance cruise. I've been quick to defend Suze Orman when others have maligned her pop psychology approach to personal finance, and I stand behind my support of her work. However, the idea of a personal finance cruise is sort of stupid. The cruise packages start at more than $1,000, but you learn about stuff like FICO scores, debt, whether Social Security is enough (hmm), and the stock market.

Here's the problem: If your FICO score is bad enough that you need to go on a cruise to learn about it, you probably can't afford the cruise. If you're wondering whether Social Security will be enough to provide for your retirement, skip the cruise and start an IRA of one kind or another. A personal finance cruise is akin to holding a casino night for Gamblers Anonymous. What's next? An NAACP cruise featuring Don Imus?

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