- 90% of women rate themselves as feeling insecure when it comes to their finances.
- Nearly 50% of women have Bag Lady Syndrome – the fear that they will end up homeless and penniless.
- Only 1 percent of women give themselves an A in rating their knowledge of financial products and services.
- 66% of women have not talked with their husbands about life insurance or preparing a will.
- Nearly 80% of women plan to rely on Social Security in their retirement years.
- Women are nearly twice as likely as men to retire in poverty.
This is the question that Suze Orman, #1 New York Times bestselling author, addresses in her groundbreaking new book
WOMEN & MONEY: Owning the Power to Control Your Destiny (Spiegel & Grau; On-Sale Date: February 27, 2007; $24.95). After years dispensing financial advice via her lectures, her television show, and books, Suze Orman came to the shocking realization that despite the wealth of financial information readily available and despite the remarkable advances women have made in the workforce, the majority of women are not in control of their financial lives. Though women tend to have an inherent impulse to create basic life-giving conditions, comforts, securities, and encouragements for others, when it comes to caring for themselves and their money they more often demonstrate insecurity, lack of confidence, capriciousness, and poor judgment. They hand over control and refuse to take responsibility as they do in no other area of their lives. Women still have a fundamental block about money – managing it with confidence, assessing their own worth, feeling like they’re in control. With WOMEN & MONEY Orman has written a book that will help women overcome the blocks that have prevented them from achieving the financial security and freedom they deserve.
Orman offers surprising insights into why women find themselves living out this dangerous disconnect between their competent selves and their money. She lays out the dangerous and far-reaching consequences of this reckless behavior, but also makes a persuasive and inspiring argument for change. Wedding perceptive and compassionate insight into emotional and behavioral issues with clear, pragmatic advice is the signature Suze Orman style – applied here with the fervor of a woman on a mission to change the way women behave toward their money – and themselves – once and for all.
At the center of the book is
The Save Yourself Plan – a streamlined, five-month program that delivers bedrock long-term financial security. Suze asks her readers to commit to about one day a month for five months to turn their financial lives around.
Written in straightforward, jargon-free language, the plan puts women in control of their financial destiny, helping them to shed forever a lifetime of money fear, shame, and confusion.
- Month One addresses checking and saving accounts.
- Month Two is all about credit scoress and credit card smarts.
- Month Three covers retirement investing.
- Month Four tackles the “must-have documents” that will prepare you if you ever have to face the major “what ifs” in life.
- Month Five is all about protecting your family and home.
With WOMEN & MONEY readers also gain access to a world of financial knowledge on Suze’s website (www.suzeorman.com) - a vast resource that offers more detailed information, forms, and calculators as well as
Suze’s Action Planner – a unique diagnostic tool exclusive to her site that provides individualized financial guidance. Unfailingly practical and easy to put into action, the advice Suze Orman dispenses is never less than honest, reassuring, correct, and humane.
Finally, Suze convinces us of the endless possibilities that are ours to realize once we recognize and harness the power that resides within each of us.
Join the Movement to Save Yourself with this Unprecedented Offer to Readers of Women & Money:
Suze Orman believes that every woman should have a savings account in her own name – that it is the cornerstone of financial security, independence, and empowerment. To that end, she has begun a national movement called “Save Yourself” and has enlisted the support of the financial brokerage house
TD AMERITRADE, who have an extraordinary offer to make to readers of Women & Money.
Open an account with TD AMERITRADE in your name and commit to saving $50 a month in direct deposits for 12 consecutive months. That‘s $600 a year. After your twelfth deposit, TD AMERITRADE will reward your effort with a $100 bonus into your account.* Details are inside the book and at
www.saveyourselfplan.com.
* Offer valid for one new TD AMERITRADE account (non-retirement) opened between 2/27/07 and 3/31/08, and funded by 12 monthly consecutive automatic electronic deposits of $50 or more. First $50 must be deposited within 30 days of opening account. To be eligible, you must be a U.S. resident aged 18 or older. See www.saveyourselfplan.com for obligations and limitations and to accept this offer. This is not an offer or solicitation in any jurisdiction where TD AMERITRADE is not authorized to do business. Random House, Inc. does not endorse, is not associated with, and has no responsibility for the TD AMERITRADE offer. TD AMERITRADE, Random House, Inc., and Suze Orman are separate and not affiliated, and each of them is not responsible for the services and information provided by the other(s). TD AMERITRADE, Inc., member NASD/SIPC.