im trying to build a strength training program for myself

um. no. that's a cardio program.

look into stronglifts.com or starting strength. even New Rules of Fitness for Women.

BTW - I started from nothing, squatting empty Olympic bar (45 lbs.). I now do 155 lbs.

ixnay on the Barbie weights.

I think that a plan really depends on your goals. You should set a goal for yourself, and incrementally build up from one milestone to another... For example... maybe you want to lose 15 pounds.. well start with a change of lifestyle (eating wise) and start jogging.. Then for your next milestone.. incorporate weights... and built from there...
What are your goals?

Also remember that heavy weight will build muscle.. where as lighter weight with higher reps will tone you up... You DO need a mixture of both.... even women... a lot of girls say they dont want to be "buff".. but its not about getting "buff"... but rather replacing flabby parts with toned muscle...

You probably need heavier weights, even to start. I bought the Bowflex SelectTech's which are pricey, but I love them so much!

Edit: Should also say, we also have barbells and dumbbells kicking around for heavier lifts, but for me the adjustable weights are way more convenient.

Im trying to build a strength training program for myself to follow. So this is my plain.

...
Dumbell row 15 with 5lb weights

Squats/ Press with 5lb weights

with ball crunches with holding a 10lb weight

Thats all I have so far. there is some machines that I can do.
What do you guys think.? Im new to this

Sounds good. You are likely capable of much more (an empty bar is usually 45lbs, and many women start there), but since you're over 40 and starting this for the first time--no harm in starting light. Focus on correct form for the first couple of weeks, while slowly increasing weights. For some of the exercises, like squats, a bar - will probably be easier to maintain form with than 2 dumbells.

If dumbells are all you have access to, here's a nice resource:
http://scoobysworkshop.com/womens-beginning-dumbbell-workout/

If you're concerned about weights due to health reasons, you can start with resistance bands:
http://scoobysworkshop.com/womens-beginning-resistance-band-workout/

Another good resource for strength training is Stronglifts. A good Stronglifts 5x5 (for women) post: http://www.myfitnesspal.com/topics/show/560459-stronglifts-5x5-summary

Other videos:
https://www.youtube.com/user/timdonahey
Stronglifts Workout A: Squats, Bench Press, Pendlay Row (Full workout: http://www.youtube.com/watch?v=EP2g3Sj3qSw)
Stronglifts Workout B: Squats, Overhead Press, Deadlift (Full workout: http://www.youtube.com/watch?v=ro3Mh9o7JPU)

(Source: http://www.myfitnesspal.com/tageekly ; a supportive & knowledgeable MFPer)

I really recommend the New Rules of Lifting for Women and I do agree about lifting heavier. You won't bulk up you will just get more toned and stronger

start with an emtpy barbell, 45lbs.

might be a little heavy for upper body work, try and find a fixed one at 30, 35...

Also remember that heavy weight will build muscle.. where as lighter weight with higher reps will tone you up... You DO need a mixture of both.... even women... a lot of girls say they dont want to be "buff".. but its not about getting "buff"... but rather replacing flabby parts with toned muscle...

please stop with "tone you up". please.

What do you guys think.? Im new to this

If you're dead set on using 5 pound dumbbells, you'd be better off following a 30 Day Shred type video, which will give you a balanced workout, than trying to make up something yourself. And that's fine if that's what you want to do. It can provide good results.... the success story threads here prove that.

But if you're really interested in strength training, look into New Rules of Lifting for Women, Stronglifts 5x5 or Starting Strength. And get ready to have your socks knocked off at the transformation you'll have.

^^^this /thread

As a general rule, if you have to ask how to create a routine, you aren't experienced enough to create your own routine. That's okay, because most people aren't. Find an established routine and use that for the time being