Women and Money - Suze Orman

[JoyJoy]

Suze's new book "Women and Money" is in the bookstores now. I ordered my copy from Overstock.com along with a coupon from CouponMountain.com ( 10% coupon for new customers and 7% coupon for returning customers). The price was $13.48 with $1.40 for shipping and handling making my final cost $14.88.

This sounds like an interesting book and will be discussed by Suze this coming Saturday night, March 3 on her TV Show. (CNBC)

[Broken Arrow]

While we're at it, I saw a book in the book store called "Your Money and your Man: How You and Prince Charming Can Spend Well and Live Rich" by Michelle Singletary.

When I saw that, I became intrigued with just what could possibly be written in there. Kind of like sneaking a peek at your sister's diary sort of cheap thrill. However, I had to be extra cautious, because there was a couple of guys in the same aisle. I assume they were thinking the same thing I was, hovering around this hot pink book all the while feigning interest in "man books" like Dave Ramsey or on trading stocks like a pro.

When the coast was finally clear, I glanced through a few passages, and you know what? I liked what I saw! I don't remember any details though, as this was weeks ago. Still, I recommend checking it out. Let me know what you guys think of it.

[creditcardfree]

Michelle Singletary writes a column that appears in many newspapers. She has a very engaging way of writing. I'm sure it is good.

[Snoopy2645]

I am waiting for it to come out in the libaries I cant wait sounds interesting I will watch her saturday & see what she says.

[rduell]

I've been reading Suze's new book this weekend. I'm a librarian so we sometimes get books in the office ahead of the shelf date. I took it home Friday and have read more than half of it so far.

At first I thought it started out way too simplistic, but now I don't think so. She's targeting women that may not have handled any personal finance issues and she does a good job at explaining everything.

She isn't writing just for the beginner though. She covers a lot of ground in this book and explains everything well.

She has teamed with Ameritrade to make a great offer to get women saving money and I opened an account today. If you agree to direct deposit at least $50 a month in an Ameritrade money market account for a year, at the end of the year Ameritrade will deposit $100 in your account as a savings incentive. I opened my account this morning as soon as I got up. I would have done it sooner but the offer didn't start until today and it ends on March 31st. You have to have the code from the book to be able to open the account. Well worth the cost of the book!

[JoyJoy]

Originally Posted by rduell

I've been reading Suze's new book this weekend. I'm a librarian so we sometimes get books in the office ahead of the shelf date. I took it home Friday and have read more than half of it so far.

At first I thought it started out way too simplistic, but now I don't think so. She's targeting women that may not have handled any personal finance issues and she does a good job at explaining everything.

She isn't writing just for the beginner though. She covers a lot of ground in this book and explains everything well.

She has teamed with Ameritrade to make a great offer to get women saving money and I opened an account today. If you agree to direct deposit at least $50 a month in an Ameritrade money market account for a year, at the end of the year Ameritrade will deposit $100 in your account as a savings incentive. I opened my account this morning as soon as I got up. I would have done it sooner but the offer didn't start until today and it ends on March 31st. You have to have the code from the book to be able to open the account. Well worth the cost of the book!

Thanks for this information!! My book is on the way. I have nieces who call me for advice about their finances (as if I know the answers!!). I am going to send them both a copy of this book. Like you said, it's "well worth the cost of the book" if they start a savings account like this.

[LuxLiving]

As soon as my library gets it in, I'm third in line on the 'HOLD for Lux' side, so if my library system gets more than three or four copies which it probably will, it should be in my hot little hands soon!

[JoyJoy]

Originally Posted by LuxLiving

As soon as my library gets it in, I'm third in line on the 'HOLD for Lux' side, so if my library system gets more than three or four copies which it probably will, it should be in my hot little hands soon!

LOL Lux!

I know Suze always comments about women going far and beyond in helping others and she wants women to STOP THAT!! This should be interesting as I concur with her. Some women need to be good to themselves and stop bailing everyone out of their problems!!

That's IMOP and my $100.00 worth.

[Aleta]

What is the money market rate at Ameritrade?

[Ima saver]

That is what I wanted to know too aleta!!

[catlinye_maker]

Originally Posted by Aleta

What is the money market rate at Ameritrade?

For balances under $5000, it's 0.10 percent, going up in tiers to 2.90% for balances over $200,000. I see it as an incentive to keep most of my money in stocks in that account.

Referring to the incentive offer mentioned above, I do wonder if you have to leave the $50 a month in the money market account. If you could move it to stock purchases without losing the incentive money that might be worth it.

[DebbieL]

Either way, I'd say $100 is a pretty darned good return on such a small investment over a year ($50/month). I wish I could get that rate of return on the money I have in savings.

[rduell]

Yeah, I think so too. And you're free to withdraw your money early if you have to, you just don't get the $100 bonus.

I thought I'd do this for the year and then probably move it to my Amboy or Emigrant account.

[catlinye_maker]

Or take the year to educate yourself on stocks and buy shares at the end of it.

[Elgin526]

Originally Posted by catlinye_maker

Or take the year to educate yourself on stocks and buy shares at the end of it.

Now there's an idea! If you do the minimum of $50 a month, at the end of 12 months plus the $100 bonus you'd have $700 to invest in stocks, a decent amount to get started with. And there is nothing stoping you from doing more than the $50, if you can spare it.

[JoyJoy]

Don't forget to watch Suze talk about this book tomorrow night on CNBC (Suze Orman Show). Here in the East, her show comes on at 9:00P.

[Ima saver]

Wow, I/10th of one percent! That is pretty bad.

[kealina]

Originally Posted by JoyJoy

LOL Lux!

I know Suze always comments about women going far and beyond in helping others and she wants women to STOP THAT!! This should be interesting as I concur with her. Some women need to be good to themselves and stop bailing everyone out of their problems!!

That's IMOP and my $100.00 worth.

you know, i've never read suze orman (i'll have to borrow my sisters book tomorrow when i go over) but that sounds interesting and i actually agree with it... it's a tendency i've been struggling with for years... and one i've noticed in certain other women as well... interesting...

[scfr]

You can read an excerpt from the book at the on-line version of Costco Connection magazine:

Costco Connection - March 2007

[Aleta]

You can find out the station that she is on by going to search an typing in your channel for pbs which could be for instance;

Channel 6, Philadelphia PBS and it will take you to the PBS site in your city.