And they feel as if there's gotta be something out there, some secret sauce to jumpstart to get

ahead to be rich quick.

And they just buy into the scam because they want to believe that they can do this quickly

and they want something exciting and something interesting.

So let's say that the best thing is to be rich quick.

I'm Chris Hill and that's Michelle Singletary, best selling author, award winning business

writer and creator of the nationally syndicated column entitled The Color of Money.

Our own retirement expert Robert Brokamp caught up with Singletary to talk about the lies

we tell ourselves about spending, how to find a financial advisor and why Ponzi schemes

keep roping in victims.

So let's start with your story, right?

You weren't born into wealth but you did have someone in your life who taught you a lot

about money.

Yeah, so I am at the age of four when to go live with my grandmother who we affectionately

called Big Mama.

And in fact my siblings joined me.

There was five of us in total.

I had a sister who was eight, I was four, sister who was three and twin brothers who were

right around two years old.

And so my grandmother ended up really rescuing us from foster care before they put us into

the system.

She said no, I'll take them all.

...