Women & Money

Are you a YBP woman who:
Is afraid to ask for a raise at work, or runs her own business and doesn’t like to raise her prices? Do you like to volunteer?
Are you a spender rather than a saver?
Are you embarrassed or ashamed about the money you have, or about the money you don’t have?
Do you take care of everyone (your kids, your parents, your husband, partner, etc) except yourself?
Do you have a Roth IRA, a 401(k) and other Retirement accounts but don’t know what’s in them?
Are you afraid you’ll end up a bag lady?
Do you think you’re not good with money?
If any of these questions remotely describes you, then Suze Orman’s new book is just for you. Suze said she wrote the book when she “learned that some of the people closest to me in my life were in the dark about their own finances. Clueless. Or, in some cases, willfully resisting doing what they knew needed to be done. I’m talking about smart, competent, accomplished women who present a face to the world that is pure confidence and capability.”
“It doesn’t matter if I am in a room full of business executives or stay-at-home moms, I find the core problem to be universal: When it comes to making decisions with money you refuse to own your power; to act in your best interest. It is not a question of intelligence; you absolutely have what it takes to understand what you should be doing. But you simply won’t bring yourself to take care of yourself financially especially if those actions compete with taking care of those you love. Your inner nurturer reigns supreme; you do for everyone, before you do for yourself.” - Suze Orman
Becoming truly powerful in a lasting, beneficial way is never done at the expense of others; it is done for the good of all. Women are the bedrock of their families, of their communities - so many are dependent on us. If we stand strong and know who we are and what we can create, we will easily be able to hold up those we love and those who need a helping hand. Don’t be afraid to learn about your finances! Learn the things that you want to teach your daughters and granddaughters.

Comment by ableknife on 23 February 2007:
Along the same lines as Orman’s book is another called Women, Get Answers About Your Money by Carolyn Castleberry. This book was very helpful to me in defining all the different areas of money from stocks to credit reports. Good luck!