Nov 01
Another Thing Grandchildren Need to Know About Investing
Don’t waste money on frivolous items that will be of little or no use in six months. Instead, pay yourself first. Build a bank account even if it means saving as little as a dollar a month. Get in the habit of saving rather than spending.
Do not use credit cards unless you are able to pay off the balance each month. If you do not have this type of discipline, then pay only in cash. Credit card debt is a slope that will lead to financial destruction. Just don’t use them.
Lowell Herr
Photograph: There is nothing quite like a good drink of water after a “dirt bath.”
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