Women & Money, Owning the Power to Control Your Destiny by Suze Orman begins with the premise that women can invest, save, and handle debt as well (and as skillfully) as any man.
Suze wrote this book because she realized that even though she believed that women were as capable as men in handling money, many of the women close to her were still in the dark over finances.
The book is for beginners. If you have not read any of Suze’s other books or if you have no knowledge of money management, then this book is definitely for you!
If you have previously read any of Suze’s books, then this one will sipmly be regurgitation of her previous books with a bit of a pep talk in the beginning.
The good news is this book is easy to follow — even for the most financially un-savvy person.
It provides a month-by-month To Do List that will help women improve their financial health.
If you follow the instructions given in Women & Money, you should be in a much better position in less than 5 months.
But don’t just take it from me. See what others who’ve read this book have to say:
Her financial advice is plain-vanilla basic. In Women & Money, her eighth book, she openly confesses: "What I am going to ask you to do and to learn is a pared-down version of advice I have written about in great detail in my previous books" … The Save Yourself Plan is her "minimalist approach." She provides basic definitions and explanations and assumes readers have no prior financial knowledge. Orman focuses solely on the core foundations of personal finance … At heart, Orman is a personal-finance cheerleader who motivates people to take control of their money life. She’s playing a vital role in the financial education of many people. Source
I see Women & Money as a how-to blueprint for gaining and retaining control of our personal finances. There’s something here for everyone, no matter your financial “intelligence.” Example: You don’t need to wait until you have thousands and thousands of dollars to invest for the future … Women with all different financial abilities will benefit from reading this book. Beginners can start off on the right foot. Savvy women, who haven’t yet taken control of their own finances, can begin moving forward with confidence. Source
I would read this book if you (or someone important you know) feels like they should learn more about money, but for whatever reason haven’t been able to do so. This books tries to find the right buttons to push, and if it works then it will be worth it. It’s pretty popular so I’m sure most libraries have a copy. The advice included afterwards is good enough as starter material, but is not a source for advanced financial tips. Source
I have been a certified tightwad since I became pregnant with my first child and decided to find a way to stay home with him. I enjoy sharing my experiences in my journey back to financial health and planning for a future — which will include sending 2 kids to college and early retirement.