Best Advice

Swear off debt

Elizabeth Gilbert. Author, "Eat, Pray, Love"

Gilbert says her father taught her that she should never under any circumstances go into debt. He told her that, "Borrowing money is like wetting your bed in the middle of the night. At first, all you feel is warmth and release. But very, very quickly comes the awful, cold discomfort of reality."

To excel at something, immerse yourself

Ed Slott. Author of "The Retirement Savings Time Bomb...and How to Diffuse It"

Slott’s father used to say, "If you really want to be good at something, you have to bathe yourself in it." He says his father taught him that the best investment you can ever make is in your professional education.