Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.

Never invest emergency savings in the stock market.

Late payments also hurt your FICO score. And never, ever take out a cash advance on your credit card.

You can never solve a financial problem with money. The only way for you to have a larger net worth is for you to go within to see why you are going without.

Who would you want to be giving you advice? Somebody who doesn't have any money?

At the end of your life, you cannot take a penny with you. So what is the object of money if you can't take it with you?

I want to see a new system. I believe that the credit scoring system is broken. That's my belief.