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My Generation

4 Tips to Controlling Your Money

Investment guru Suze Orman shows us how to achieve financial freedom


Millions of Americans took a big financial hit after the banking and housing market collapses. Suze Orman, a "one-woman personal finance powerhouse," preaches control over money in four ways: create a will and an irrevocable trust; have an emergency cash reserve; plan your retirement and — most important of all — get out of debt (even if it means canceling that cable). And while this may not be easy as it sounds, freedom is possible if you analyze and change your perception of money. My Generation's Tetiana Anderson has more.

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