Feb 28 2009
Suze Orman – 2009 Action Plan

February 28, 2009-  NBC Show with Suze Orman

2009 Action Plan.

Some advice for 2009.

1. Don’t pay all your credit cards, keep some credit stash the cash. Credit card companies are not extending credit.

2. Signup for cobra, individual insurance plans, check it out before you get laid off.

3. Retirement. – look at it in perspective, don’t roll 401k into IRA.

4. Real Estate – would sell if you neeed the money, sell if you need to sell.

US Bank is paying upwards of 4% for a 5 year account.

Emigrant Direct bank pays some of the best rates. Current at around 3%.
Account Highlights
o No Fees. No Minimums.
o Open your account online. It’s quick and easy.
o No need to change your checking account. Your AmericanDream SavingsAccount™ will be linked to your current checking account.
o Up late? Access your account 24/7 at EmigrantDirect.com.
o Have a question? Visit our FAQ page.
How do I open a “My Way” Certificate of Deposit?

saveyourself.com also offers a way to save $100 per month and you get $100 at the end of the year. This is from ameritrade.
FAQs about the Save Yourself Account

Q. What is a TD AMERITRADE Save Yourself account?
A. The Save Yourself account is a brokerage account at TD AMERITRADE that you can open to follow the Save Yourself Plan. The account, with a special competitive Money Market Deposit Account (MMDA), is part of the savings goal associated with the plan. The MMDA is designed as a place where you can keep money/save money until you are ready to invest.
Q. What is the interest rate associated with a Save Yourself account?
A. The Save Yourself account from TD AMERITRADE features a special high-yield MMDA with a 0.50% Annual Percentage Yield (as of January 2, 2009). Interest rates are subject to change after the account is opened.
Q. Is a Save Yourself account FDIC-insured?
A. Yes. Cash in an MMDA is held at TD Bank USA, N.A. and is insured by the FDIC (not covered by SIPC) for up to $250,000 for non-retirement accounts (under the new legislation, effective October 3, 2008, through December 31, 2009), $250,000 for Individual Retirement Accounts (“IRAs”) and certain other retirement accounts.

This means that your money is protected because the FDIC insurance would cover your deposits, dollar for dollar, including principal and any accrued interest, up to the insurance limit.
Q. Why is TD AMERITRADE offering a Save Yourself account?
A. It’s our hope that clients who take advantage of this offer by following Suze’s insightful five-step Save Yourself Plan, will be well on their way to gaining more confidence about their financial situation and the future direction of it.
Q. Is this only available to women?
A. No. Even though Suze’s book is geared toward women, her Save Yourself Plan is designed for everyone.
Q. Can I open an Individual Retirement Account and receive the $100 bonus?*
A. No. The $100 bonus is available only with the non-retirement Save Yourself account.
Q. Can I open a second account and get another $100 bonus?*
A. No. There is a limit of one $100 offer* per client.
Q. How can I get more information on opening a Save Yourself account?
A. If you have questions, you may call a TD AMERITRADE Client Services representative 24 hours a day, seven days a week at 866-834-2538.

Good financial advisor ask you about your situation, if it doesn’t feel right, walk.

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