Advice About   ♦   Money

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

What You Don’t Have Can Teach You a Lot About Happiness

How can you be happy without a lot of material things? Many families are dealing with that problem today. The experts on the issue are older Americans, many of whom grew up in the Great Depression. Bonita, 92, tells about a childhood most of us can hardly imagine. Living on very little, Bonita, her family, and her friends nevertheless found it possible to be very happy. Read More

A Thought for Thanksgiving: Being Happy In Spite of Hard Times

Families this Thanksgiving may worry about the current financial situation. And the elders who went through the Great Depression also went through immense stress and uncertainty. But it was a surprisingly happy time for many of the Legacy Project elders. With few better off to whom they could compare themselves, and without high expectations of material excess, they simply learned to have a good time with what they had. A good Thanksgiving thought! Read More

You Need to Do What You Love

Marty, 71, had a very satisfying work life as an engineer and business man. But he exhorts younger people to think about success not in terms of money, and gives you some important questions to ask yourself about your career. Earning money seemed to be how they measured a success when we were young. Some Read More

Sensible Lessons about 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

Find Work You Love

Jeanne, 76, talks about an important life lesson: Keep searching for work you love, or you’re bound to be unhappy. Listen to Jeanne here. Read More