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Financial Literacy - Financial tuneup
SPOTLIGHT
Celebrities discuss money and investing
Some can handle money well; others admit ignorance and hire professionals. All share their lessons.
Investment tuneup
 
 Celebrities:
Michael Feinstein
Judge Alex Ferrer
W.E.B. Griffin
Carl Hiassen
Don LaFontaine
Lisa Lampanelli
 More celebrities...
Celebrity Q&A
Who: Michael Feinstein
Notable:
Singer, pianist
Fame & Fortune Q&A:
Bankrate: Did they (Ira Gershwin and Rosemary Clooney) give you advice about how to handle your money?
Michael Feinstein: Yes. Ira and his wife, Leonore, were always admonishing me to save money, to put money away. I never owed money on a credit card; I always paid my credit card bill every month. I never wanted to be in debt; whatever it was, I never spent more than I could afford. I was always very aware of the importance of not getting over my head. That was one of the first lessons I learned from them.
Lesson learned: 
Stay out of credit card debt.
Next >> 
 
  What's your secret to success with investing?
Or, are you struggling? Share your story.
-- Posted: June 10, 2009
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