This is Karen Hunter and welcome to the hub. Lessons learned from Cornelius Vanderbilt. Now I've talked about Cornelius the

Commodore Vanderbilt previous podcast as a very very wealthy man, one of the

wealthiest men in the history of America, who left all his money

to his kids, and over the last five or six decades they have managed to fritter it away.

It is a historic story, and I used it as an example of why parents should not put too much or give too much to their children and I liken it to, you know, a mother bird helping a baby bird out of an egg, you don't do that, right? In nature, because the bird pecking through that egg,

through that shell strengthens the neck muscle

so that that bird can go out and live and survive,

go get worms, be able to fly.

But if you come along and help that bird out of the egg,

they will not have the tools or the skills

or the wear with all to be able to be successful.

And too many parents are helping their children out of the egg and not

teaching them to build their own neck muscle.

So I had that in another podcast, but as I was reading through some writings about Vanderbilt

this weekend, I came to the conclusion that there are several lessons that can be learned so today I'm going to focus on three

The first one is money can't buy you happiness now you've heard this before all. People say this all the time.

And I talk a lot about money, not because I think

that it is the cure-all to everything that will solve problems.

Let me tell you, having money is a great thing.

Not having it can cause a lot of pain.

As a matter of fact, most divorces happen

because of arguments over lack of money.

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