In my opinion, patience and Larry Culp will hopefully transform GE.

The Debt Mafia is coming for your kids.

We discuss the process of high school guidance counselors recommending colleges that the kids cannot afford, and then they urge them to complete a FAFSA form to pay for it. The kids end up enslaving themselves at 18, before their life has even started.

Your Dad’s mail was diverted and he has Alzheimer's.

Dad is the type of person not to share his financials with his family, and was getting more forgetful right before being diagnosed with Alzheimers, but where is the mail? The son called me and we reviewed old statements from the past year and found 300k in an IRA Annuity. Thank God it is still there.

In my opinion, patience and Larry Culp will hopefully transform GE.

Gary Weisner, who runs GE’s wind-turbine-blade factory in Pensacola, Fl, got a visit from the CEO who showed up in his jeans alone. Larry Culp, the first CEO to visit in 18 years and the first outsider to run GE, is trying to fix it metric by metric.

Resiliency and Dave Ramsey can teach you much about life.

Look at Dave Ramsey who many of you follow out there.  He went through bankruptcy early in his life, when he was young, and over leveraged real estate. He took it upon himself to swear he would never use debt again and to help others who have gotten themselves into debt trouble. He has helped over 5 million people get out debt, and become wealthy himself along the way, while donating millions to help others. That resiliency is what we admire and wish to imbue in our children, and also in all of you and your families. There will be hard times. Some of you wealthier entrepreneurs and your spouses have shared with me your struggles as you started your business, almost going under several times before figuring it out or getting that big break or client. Some of you have shared stories about divorces that decimated your finances but, for the children’s sake, mended fences with your ex-spouse. You even share holidays with them as you have worked hard to rebuild your financial life.

Better times are coming. All you have to do is pray and get to work!

Like most of us, I have mellowed as the years have gone by. The stuff that used to seem so important has faded and in it’s place is a belief that God has a plan for all of us. The key is to everyday do the right thing when nobody is watching. The Lord above is always watching and will call upon us with a tremendous opportunity if he deems us worthy. Be faithful and true because your time will come, my friends. I have seen it over and over again, when people least expect it, wonderful opportunities are presented at a time when the chips are down, and it seems like you don’t have a friend in the world. Be patient, better times are coming for all of you.