The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.

I admire directors so much, I find them incredible: they manage such a huge number of people of different characters, think of the money involved.

They got married, they got divorced, and half their money goes out the window.

I always say, 'People first, then money, then things.'

If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.

Your goal should be to pay off your credit card bills in full at the end of each month and set aside money toward your emergency savings.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.

The last thing family and friends want is for you to spend money on them that you don't have or that you can't really spare.

I think I'm actually quite a materialistic person, I value what it takes to make a car or build a nice house. Money does change things, but how it changes people depends on how they react to it.