If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

If there is anyone dependent on your income - parents, children, relatives - you need life insurance.

Here's what's interesting about women. When it comes to their babies, when it comes to their children, they become these financial warriors like I have never seen before. They will not turn their back on the battlefield.

Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.

If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.

At the end of your life, you cannot take a penny with you. So what is the object of money if you can't take it with you?