If you are worried about job security and do not have an adequate emergency fund (ideally eight months' worth of living expenses stashed away in a federally insured bank or credit union), you need to focus more on saving money than paying down the balance on your credit cards.

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.