Comments on: Don’t Let Your Kids Inherit Your Bad Financial Habits

By: GirlMogul

GirlMogul — Thu, 11 Dec 2008 21:22:14 +0000

great article - these are real tips that will help families build a strong financial foundations. I found myself nodding on each one and I thinking about ways I can improve in each area.

By: Shantelle

Shantelle — Thu, 06 Nov 2008 03:33:58 +0000

I have just sat down with my 10 year old sister(whom my father spoils very much)and explained to her the importance of this article.To my surprise she was very excited to learn about compounding interest and how it could help her money grow for her future if she saved or invested just a little percentage of her allowance every week,instead of spending it on lollies and lipgloss .She definately had an AH HA!moment that bought a smile to her face and relief to my heart.Shes now in her room happily working out her savings budjet, and shes excited to share her new financial knowledge with her dad.

Thankyou very much

By: Linda

Linda — Wed, 05 Nov 2008 16:21:52 +0000

I wish I had been taught this information. I am now in a dwstitute state and trying to just keep my head above water. Treading wateris very tiring and depressing. I hope others pay heed. For me I feel it is too late

By: Mac

Mac — Sun, 02 Nov 2008 22:53:50 +0000

This very salient information all of us can use.I have a radio program here in Barbados and I will share these point with my listeners. Credit will be given to you.

By: Lynn Burchard

Lynn Burchard — Thu, 30 Oct 2008 12:59:12 +0000

Thank you Darren. My mother thought me to save so I have grown up doing the same. Now as a wife and a mother of 4 children, we are in a great financial position. I am a stay-at-home mom starting her first home-based business and loving it.

I always love to read your articles. They are very informative and useful. I have also endeavored the Success For Teens project for the teens in my area. Just waiting for the books to arrive. My daughter’s high school is having a career day next week and I will be handing them out. If this is success which I know it will be, I will also be requesting more. Once again Thank You.

Your dedicated reader,
Lynn Burchard

[DARREN HARDY] Thank you for being such a dedicated reader Lynn - appreciate it! Thanks for also supporting the SUCCESS Foundation.

By: joe

joe — Wed, 29 Oct 2008 20:02:23 +0000

Great stuff Darren , that is why I subscribed to Success Magazine. Number one is , because I don’t want my kids to have to grow up the way my family did. My dad commuted to St. Louis an hour and a half each way a day, just so we could barely make it by, and we hardly ever spent time with him, not because he had a real bad job , but because he just wasn’t very good with his finances. Number two is , because I don’t believe the philosophy that you have to live with the cards you were dealt , but that you have a choice in the matter whether to except them or change them . I try my best to live with the pay now play later mentality. Thank you for your insiring words , it shows that it something worth fighting for.

By: Scott Schaubel

Scott Schaubel — Wed, 29 Oct 2008 15:13:23 +0000

It’s amazing how much good advice seems like good common sense. Then again, it’s also amazing how “uncommon” common sense is for people. The current credit crisis in the U.S. is an indication of this (say what you want, it all boils down to people wanting more then they can afford and spending more then they make. Five years ago, the average person spent 110% of their income and the percentage has gone up since then!!). Apparently, the next generation isn’t quite getting it… yet. I’ll do my part to help educate and inform them and commend you for your efforts.
I was blessed with this advice when I was 17; from an older gentleman at a bus stop. It’s surprising that I listened, being the usual know it all 17 year old. But he put some numbers to it and wow… that impressed me. It’s been impressive as to how much following this advice has been both a safety net for me and comfort. Now, I’m working on getting the rest of my life to be as impressive as this one area

By: Shane Morin

Shane Morin — Wed, 29 Oct 2008 12:15:28 +0000

These are principles I began learning and implementing at the age of 26, they have changed my world for the better. It’s been 14 years since watching the changes begin to take root- wow, what a difference life-long continued learning makes! The sad part is that our traditional education system (and most families) don’t provide these basics, but that is no excuse to not become better informed.

Growing up in poverty, I was able to improve my thinking, philosophy and understanding, taking them to new levels that have positively affected every area of my life. My children are learning these concepts too and I’m excited for their futures. I’m certainly not perfect, but if I can begin the change, anyone can!

Darren, since working with you back in the 1990’s in “The People’s Network” (TPN), I was able to learn a lot from you. Thank you for sharing!

God bless,
Shane Morin-

By: Kevin

Kevin — Wed, 29 Oct 2008 11:45:17 +0000

#1 & #2 are saying “don’t spend more than you make.” Such a simple concept, but in this age where the message is always spend, and get what you want, it really goes against what people generally think and do. When Robert E. Lee was approached for advice from a mother who wanted to impart some wisdom for her son, Lee’s response was to have to young man learn “self-denial.” The art of delayed gratification: even through you can afford it, wait until you’ve reached some other milestone that may do something like give you another step towards financial betterment before you buy that new dadoo.

By: J.R. Lee » Check it out

J.R. Lee » Check it out — Wed, 29 Oct 2008 10:46:19 +0000

[...] that in mind, check out this blog from Darren Hardy at SUCCESS magazine. It’s a great article full of practical advice that [...]