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.