Clear Channel’s Financial Comeuppance

My Italian father, God bless his soul, never knew how much money he had saved in his life even on the day he died.

That's because he did two things extremely well -- save money from his paycheck every week (he was a career military man and then designed catapults for Navy aircraft carriers).

And he paid everything off.

In other words when he bought something, he started paying the debt down immediately and for as long as it took until there was no debt. He died debt free which I know pleased him.

I have tried to learn the same lessons from my dad. Pay off everything you buy and save money. When I got my big&hellip