“Those who know don’t say, and those who say don’t know.”-famous Taoist saying
When he was a young man of 18 in 1949, Dan Rather was an oil field worker in Texas for a summer. He was the only boy on the crew; the rest were men, he said. For digging ditches and other hard labor, he got paid a good wage. Payday was every Thursday, which was when the rest of his crew played poker. His first paycheck came and to fit in, he joined the poker game. But he wasn’t very good so he proceeded to lose his entire wages for the week in that game. His rent was due so he had no other choice but to ask his father for help. This experience taught him the value of not gambling and budgeting his money.
After he got married, he told his wife Jean that since he was the man of the house, he would be the one to manage the new couple’s money. A couple of weeks went by, and the checkbook was a mess. He had to admit that he wasn’t good at the task, and gratefully relinquished control to his wife, much to his relief. She’s been in charge of every dime they’ve made ever since. This taught him humility and trusting other people. Continue reading