Women Speak
How did five women pay off $30,000 in debt and jumpstart their savings in less than a year? Find out in author and wealth coach Deborah Owens new book, A Purse of Your Own. Owens shares her dynamic campaign to empower one million women with financial literacy. The Baltimore based radio talk show host and sought after public speaker helps transform women's lives as they take control of their finances.
Owens' book provides instructions on how readers can set up purse clubs (at no cost), which she started in January. They are designed to encourage women nationwide to meet in groups to use Owens' book and on-line videos as a guide as they seek solutions to help each other succeed financially.
"There's a difference between women who build wealth and don't and that's what my book is about," she said. "Most people earn an income and spend it and have nothing left over. Many of us walk around dressing the part with an expensive car, but have nothing of real value in our purses (savings and investment accounts). Wealthy people add to what they already have and put money in their purse before they spend anything."
Key points in her latest book include:
• Why women must trade in their counterfeit purses that have less than $2 in net worth
• How they can use their shopping prowess to fill up their purses and build wealth
• What every women can do to break the patterns that sabotage financial success.
• What women can do right now to find the money to save and invest
The Purse Groups are tracked and supported by an online community. Women can log onto thehttp://apurseofyourown.com, the Purse Community website, share their experiences on the road to financial freedom, and get smart money advice from Owens herself.
"Purse Groups of five to ten women work because each step of the way these women are holding each other accountable," says Owens. "Nine out of ten women are going to be responsible for their own finances which is why it is critical they create a purse of their own. The journey to financial freedom is a lot easier when someone you know and trust is taking the trip with you. "
Deborah Owens is also the author of Confident Investing and Nickel and Dime Your Way to Wealth. Owens is a former Vice President at Fidelity Investments. She is a twenty-year veteran of the financial services industry and a sought after speaker who has spoken to more than 100,000 people. Owens is on a mission to help people of all incomes build wealth. Her Financial Fitness column appears in Cents Magazine, an American Airlines publication. Owens has also been featured on CNN, ABC, The Washington Post and Shape Magazine. For more information visit www.deborahowens.com
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© 2012 Created by Patricia Christine Sutton.