Smart Money Financial guru to speak at NCJW opener. met Chatzky's mother, Elaine Sherman, when the two women taught at Dewey Elementary in Oak Park. "Jean comes by hen the subject is saving her charm, speaking ability and person- money, no one is perfect, not ality naturally. even Jean Sherman Chatzky. "My parents always encouraged me to "There's no such thing as financial work and save," Chatzky says. "In part, I perfection," says Chatzky, financial edi- think that, because my dad was a profes- tor of NBC's Today Show and editor-at- sor, he didn't make a huge amount of large for Money magazine. "Good is money — but also they wanted us to always good enough. Do a lit- know that we could stand on tle bit every day and you'd be our own two feet. So I was amazed at how much progress baby-sitting by age 11. And you'll make." when we went to Disney World In four books, regular when I was 13, I brought my columns for Time and USA own money for mouse ears. Weekend magazines and count- Chatzky remembers growing less interviews, Chatzky has up in a succession of small specialized in bringing finan- Midwestern towns, where the cial independence to America's Jewish population was small Chatzky women. According to but close-knit. She went to Publishers Weekly her most Jewish summer camps, prima- recent book,. Pay It Down — From Debt rily Camp Livingston, run by the to Wealth on $10 a Day (Portfolio, Cincinnati Jewish Community Center. $19.95), is "that rare book that has the After majoring in English at the genuine ability to improve many lives." University of Pennsylvania, her first job was at Working Woman magazine. "Its power lies in its simplicity and focus, and in Chatzky's caring and thor- "I was fortunate enough to work with ough but no-nonsense approach. It seems the business editor and really liked that that even a financial naif can follow kind of reporting," she says, adding that Chatzky's advice and turn night into day." she'd had "a head for math" ever since high school. On Wednesday, Sept. 14, Chatzky comes to suburban Detroit as featured "So when I 'graduated' from Working speaker at the National Council of Woman, I actively looked for a job at a Jewish Women Greater Detroit Section's business magazine — even spending a opening event at Congregation Shaarey few years on Wall Street in the interim." Zedek in Southfield. The luncheon Chatzky became a reporter/researcher at Forbes magazine in 1991, and moved meeting, which is open to the public, also honors Michigan Board of to the Dow Jones/Hearst start-up SmartMoney in 1992, rising from staff Education member Kathleen Straus for her many years of community activism. writer to senior editor. She's also written for Parents, Seventeen, Cosmopolitan and Along with holiday boutiques, copies New York magazines. of Chatzky's books will be available for sale and signing by the author. Now married with two children, It's a homecoming of sorts for Chatzky, Chatzky lives what she terms "a very tra- born in Detroit more than 40 years ago. ditional" Jewish life in Westchester, N.Y. "My folks were in Detroit so that my At the Sept. 14 meeting, Chatzky will dad could get his Ph.D. in communica- speak on "Comfort, Happiness and tions from Wayne State University," she Financial Security on Your Own Terms." says. "They left when he got a teaching "It also includes a message on giving job at the University of Wisconsin. I was that I think is especially appropriate," 2 years old." she says. P1 Her father, Charles Sherman, eventu- ally became chair of the communica- Jean Chatzky will speak at the tions department at Indiana University. NCJW event at 10 a.m. From there, he became executive V.P. of Wednesday, Sept 14, at the National Association of Broadcasters Congregation Shaarey Zedek in and led its Educational Foundation. Southfield. For information, call "They were the kind of family that (248) 355-3300, ext. 220. made lifetime friends wherever they went," says Donna Phillips, who first DIANA LIEBERMAN Special to the Jewish News W Small bank - highest interest. Big bank - lowest interest. What's wrong with this picture? Paramount Bank is committed to outperforming other banks on long-term and short-term CD rates. 3 . 8 5 % A" 6 Month CD 4.0 O % A" 12 Month CD Farmington Hills: 31000 Northwestern Hwy. (248) 538-7600 Birmingham: 1732 W. Maple Road (248) 723-4800 www.paramountbank•com PARAMOUNT BANK You've never seen a bank like this. LENDER 'Annual percentage yield for balances of $500 minimum. Rates effective 8/12/05. Rates subject to change at any time without any notice. 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