Ask Oprah's All Stars - 20 Questions for 20 Somethings
Dr. Phil, how do I teach my daughter to value money?
Dr. Phil:If she thinks she's gonna leave your house and start her life at the standard of living you have provided for her she is in for a huge disappointment.
Listen, I think pursuing your dream is hugely important but you have to afford to pursue it. I mean, you have to be able to afford that, and right now if your mother's willing to provide that for you that's great, but you do have to be able to understand that at some point you have to self sustain or you're not gonna feel good about who you are...guys, you gotta have a strategy. The difference between a dream and a goal is a timeline and an action plan.
Published on November 11, 2011