The last thing my kids ever did to earn money was lose their baby teeth.
Poverty dictated my childhood. But there were benefits as well: I became independent, more mature than my peers, and I realized that money is not the most important thing in life.
I should have known growing up and not having any money ever that I should have kept every dollar that I had.
I watched my own father, he went bankrupt and had problems with the IRS. He was living beyond his means, and I guess I was doing the same thing and not even realizing it.
Talk to successful entrepreneurs. Learn about what they've experienced so you can avoid some of the pitfalls that come with wealth.
What I know about money, I learned the hard way – by having had it.
You know Bad News, 'The Young Ones?' I learned not to spend a buttload of money on a sixth member.
It takes a man a long time to learn all the lessons of all of his mistakes. They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock speculation.
I've made a couple of comments about fame, and my kids are going to be put in - in, you know, working at Taco Bell when they're 16 so they know what a real job is like, and - and know what it's like to - to really earn money.
When you collect bad loans... you sure learn a lot about making good ones. You also learn a lot about the power of persuasion, persistence and desperation.
