Terry Savage Biography

Terry Savage is a well-known authority on personal finance who frequently comments on financial markets and investing-related topics on television. Her syndicated personal finance column for the Chicago Sun-Times is read in newspapers all over the nation, and she frequently posts essays on the well-known investment website TheStreet.com. On her website, TerrySavage.com, she also makes comments and responds to inquiries. The second edition of The Savage Truth on Money, Savage's most recent book, details how people may take charge of their financial futures, freeing them up to appreciate the present fully. The best-selling first edition was turned into an hour-long television program that aired on PBS and was voted one of Amazon.com's top 10 money books of the year by Amazon.com. She also wrote The Savage Number: How Much Money Do You Need to Retire?, which made it on Amazon.com's "Top 20" list within three weeks of publication. The New Savage Number: How Much Money Do You Need To Retire? was her follow-up book in 2009. Savage frequently appears as a guest on major radio and television programs, including CNN, CNBC, and PBS's Nightly Business Report. She has made multiple appearances on Oprah! and serves as the show's regular stand-in presenter on ABC Radio's nationally syndicated Bob Brinker radio program. She is in high demand as a speaker for corporate events all around the nation. Savage has a wealth of practical financial knowledge. She began her profession as a stockbroker before becoming the first woman trader and founding Chicago Board Options Exchange member. Savage also participated in the International Monetary Market of the Chicago Mercantile Exchange, where she traded futures on interest rates and currencies. She is a licensed futures and stock investment counselor. Savage has received multiple honors, including two Emmys for her television work, the National Press Club Award for Outstanding Consumer Journalism, and the Outstanding Personal Finance Columnist Award from Northwestern University's Medill School of Journalism. Savage is an active member of the American business world. In addition to serving on the boards of the McDonald's Corporation for 14 years and the Pennzoil-Quaker State Corporation for five years, Savage currently sits on the NYSE's Chicago Mercantile Exchange. She received the Director's Choice Award, which recognizes exceptional women who sit on the top business boards in America. Savage is active in civic activities in Chicago, serving as a director of the Northwestern Memorial Hospital Foundation, Junior Achievement of Illinois, and The Executives Club of Chicago. She earned a Woodrow Wilson Fellowship in American history and economics at the University of Michigan, where she graduated with honors as a Phi Beta Kappa.

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