Shoo, Jimmy Choo! The Modern Girl’s Guide to Spending Less & Saving More

“How did a cute, employed girl like yourself end up having to hock her skinny jeans on eBay just to pay the rent?” This is the perennial question in Catey Hill’s financial guide for women, Shoo, Jimmy Choo!  The Modern Girl’s Guide to Spending Less & Saving More. Hill, a money editor for New York Daily News, a previous financial marketing manager for Forbes, and a self proclaimed “recovering shoe addict,” gives valuable insight into the female financial psyche and offers practical and specific steps to get our Jimmy Choo’s or Payless specials on the right path to financial freedom.

Shoo, Jimmy Choo! is geared toward women between the ages of 20 and 40, but no matter what your age is, you will certainly get something out of it. I’m planning to pass my copy on to my 18 year-old daughter. “Taming your financial demons” can be done at any age, but the sooner the better. Hill will help get you started with “style, diet and fitness… for your finances.” She takes each and expands upon them in four sections.

Part One: She gives an introduction to financial fitness and gives you the opportunity to learn about your financial situation with assignments such as these: taking a snapshot of your finances, finding out your credit and FICO scores, gathering all your financial documents, and organizing them and setting financial goals.

Part Two: Spending Style helps you define your spending style and what drives your spending habits. Hill includes examples of superfluous spending and how just one $4 latte a week can cost you more than you may be willing to spend. Ultimately, she is out to help you accomplish a spending makeover through two steps:

Step 1: Track the Trends
Identify your spending style.
Tackle your spending triggers.

Step 2: Blow Out Your Budget
Create a spending plan that works for you.
Learn how to stick to your spending plan.”

Part Three: Debt Diet is targeted at getting you out of debt. “You are going to dig yourself out of debt, especially high-interest debt,” says Hill. Her “Debt Diet” focuses on the three types of debt that harass women most often: credit cards, student loans, and auto loans. For those of you like me, who might be past the student loan stage and are facing mortgage debt, she addresses us as well.  When you first step on the “debt scale,” as Hill calls it, you may feel a bit overwhelmed. But, face it head on ladies and learn just how much you do owe.  After the initial horror wears off, Hill will then get you on track to designing a debt diet specifically for you. She also exposes some of the debt lies we’ve been told over the years.

Part Four: In Financial Fitness, Hill first discusses what it means to be financially fit. “It means you’re making smart financial decisions that will set you up for a rich—in every meaning of the word—life down the road.”  She then outlines a financial fitness routine that includes making savvy career choices, investing wisely, building savings, getting insured, purchasing a home, taking charge of your taxes, and finally, if you have a partner, getting your joint finances in shape.

Hill’s writing style makes learning about and fixing your finances just as appealing as that new novel you’ve been dying to read. Take my advice and get a copy of Shoo, Jimmy Choo! first. You won’t be sorry.  Grab your copy at

  • gina

    I like it when financial books gear themselves towards a female reader. There are many women who are fearful of organizing their finances, and this seems like a good book for them to check out. Overspending is a bad habit that can be made by either sex, but I believe that the media today often sends signals to women to buy the latest designer outfit, bag, cosmetics, etc. This can be a dangerous trap if you are not financially savvy!

  • Elizabeth I

    I really believe that as more women chart their expenses, not just look them over on the credit card, but put them into categories every month, spending will go down.

    Additionally, many women enjoy the process of shopping. One way to curb this is to set aside a set amount each month for “impulses”. Another way is to create a list of items that need to be purchased each year and a budget. This way, each time a woman goes shopping she CAN buy something–it just comes off a specified list.