'The Rock' on His Own Childhood Money Lessons

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I rarely participate in these comments, but I really have to share my story with 1 company which has tremendously helped me. I just turned 74, many obstacles have come in the way of my retirement including a divorce a few years ago which really hurt me financially, to be honest I had this feeling that my savings and SS income were not going to be enough. Months and months of research and dealing with big banks - nothing but a big headache and they wanted to charge an arm and leg - I was considering a standard home equity loan but then I started reading about reverse mortgages. Long story short, i found this company while searching online - reverse mortgage lenders direct - they were able to automatically compare lenders for me and quote me a fantastic quote. I am not saying you need to do a reverse mortgage (for me this has been excellent and recommendable) but if you do here is their number 877 700 0534 - you can find the site online search for reverse mortgage lenders direct.

jonesbob908 of CA 3:01PM May 10, 2012

As the founder of Money Management 4 Kids (moneymanagement4kids.com) one of our main goals has been to make sure a child's first experience with money is a positive one.

Many times a child's first experience with money is a frighting one, like their parents arguing about money or The Rocks experience with an eviction notice.

Unlike The Rock, most children grow up to have 'limited' thoughts and feeling about money to avoid ever reliving this experience again. What is needed is a clear understanding of how to turn 'limited' thoughts into a 'un-limited one through the use of affirmations, words and frame shifting.

My hat is off to The Rock! Not only does he seem like a very grounded person but a person who used the power of unlimited thinking to turn a bad experience into a positive one.

Adam Shaw of NY 12:37PM April 15, 2012

That's a good one- thank you Bethy - lack of car payments is hugely beneficial.

Kim Palmer of DC 1:09PM April 11, 2012

I remember my parents always saving up cash for each car they bought. We never had the latest model, but we also never had car payments. That was a huge lesson for me.

Bethy @ Credit Karma of CA 1:01PM April 11, 2012

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Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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