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Until we have comprehensive financial education, we'll never see the end of our booms and busts.
The rich continue to get rich the same way they always have - by understanding how money works and making their money work for them.
In 'Unfair Advantage: The Power of Financial Education' and 'Why A Students Work for C Students,' I reveal the secrets of the wealthy and what schools will never teach you about money.
The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.
Something's very wrong with a nation that would rather spend money on war than take care of its children.
Learn to invest in investments where you can achieve an honest, legal advantage over other investors. When it comes to investing, why play on a level field?
Most small-business owners have no financial education when they started. They weren't trained to be entrepreneurs.
Strength and compassion are not mutually exclusive.
We misjudge risk if we feel we have some control over it, even if it's an illusory sense of control.
Even if the economy crashes, we will still burn oil.
Pricey oil makes clear that wealth really is energy in various forms.
One of the reasons so many people get burned in the market is because they start buying as they see prices going up.
Many people aren't rich because they're liars.
I'm always amazed at how many people assume a business has to lose money before it makes money.
Ken Lay, the disgraced former chairman of Enron, found a way to escape his legal problems: He died after being convicted of fraud and conspiracy charges.
At my lowest point, I was nearly $700,000 in debt.
It was easy being healthy when I was young. I was full of energy, so sports and physical challenges were fun. But as I got older and the spring left my step, exercise became harder, and eating, drinking and watching TV became easier. By the time I was 50, I'd put on 50 pounds.
Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.
As a young kid, I really wanted to be rich.
The power of our thoughts may never be measured or appreciated, but it became obvious to me as a young boy that there was value and power in being aware of my thoughts and how I expressed myself.
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