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Women & Money: Month One

March 23rd, 2007 at 05:19 pm


Suze Orman walks women through a 5-month process for gaining control of their financial lives in her book
Text is Women & Money and Link is http://www.amazon.com/Women-Money-Owning-Control-Destiny/dp/0385519311/ref=pd_bbs_sr_1/102-7986542-9148942?ie=UTF8&s=books&qid=1174673334&sr=8-1
Women & Money.

I want to make myself walk through this plan one step at a time. I quite often tend to dwell on those steps that are easy for me and skip altogether those that I struggle with or that take too much energy.

The first month's focus is checking and savings accounts. The assignment is to:

- learn how to read the statement and balance your checkbook
- stop paying for checking services
- know the difference between checking and savings accounts
- appreciate the importance of savings accounts to financial security
- earn the highest savings account interest as possible
- use an automatic investment plan to build a savings account to cover 8 months of living expenses
- open a savings account just for yourself in addition to a family account

I already have conquered all of these requirements so no need to spend time on these.

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