Make it a priority to have at least eight months of living costs set aside in a federally insured bank or credit union account.

In 1987 Orman resigned from Prudential and founded the Suze Orman Financial Group in Emeryville California. Suze Orman's Will & Trust Kit – Introduced in 2005 with her personal trust attorney. Her mother worked as a secretary for a local rabbi while her Russian immigrant father worked in a chicken factory and managed a delicatessen in Hyde Park.

A. In 2006 Suze Orman won a Gracie Award for Outstanding Program Host on the The Suze Orman Show on CNBC. She has written several books on the topic of personal finance.