Advice About   ♦   Money

Sensible Elder Lessons about Money

money

Sometimes I find myself thinking: Whatever happened to good sense? When it comes to money, the elders offer advice that is, well, sensible. They came from a generation of savers, re-users, and careful consumers. Here’s 91-year old Betty’s advice for financial well-being. Read More

Putting Money in Perspective

money

Many of the elders knew what it was like to live on almost nothing, but they learned you could be pretty happy with very little if you had a loving family, a supportive neighborhood, and you weren’t competing with a lot of other people who had more than you did. Read More

Good Thought for the Season: Being Happy In Spite of Hard Times

snow scene

Families this holiday season may worry about the current financial situation. And the elders who went through the Great Depression also went through immense stress and uncertainty. But without high expectations of material excess, they simply learned to have a good time with what they had. A good thought before we head out to the mall! Read More

Older Americans, Debt, and the Election

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In our Legacy Project interviews with hundreds of elders, we uncovered an issue that is both personal and political for older Americans: debt. Read More

Advice for Graduates: From the Wisest Americans

graduation

This month’s grads hit one of the worst job market in 100 years – so why not ask the advice of those folks who started looking for work in the worst job market (in the aftermath of the Great Depression)? Great advice on finding a career in hard times. Read More

Want to Avoid Regret? Stay Out of Debt!

debt

Still paying off those holiday credit card bills? Here’s important advice from the elders for getting through our current hard economic times: Stay out of debt. It’s one way to avoid serious regrets later in life. Read More

People over Things

Very often, the elders in the Legacy Project pointed to a conflict between the pursuit of money and putting a priority on personal relationships. They stand firmly on the side of investing in relationships, suggesting you choose people over things. Read More

Accumulating Stuff is of Little Importance

Steve, 78, tells how he and his wife learned to put material rewards in perspective, focusing instead on the accumulation of love for family and friends. Read More