CNN Money’s life lessons learned from Detroiters

Dealing with the economy has made many of us lay experts in personal finance and entrepreneurship these days. CNN Money seems to agree with us. This new article examines today’s personal finance challenges through the lives of Detroiters starting their own businesses, buying a third house during the recession and jump-starting career-changes, with lessons readers from all over the world can take away.

Excerpt:

“In 2007 she entered a master’s program in social justice at Detroit’s
Marygrove College. And today she has a job she loves: a contract
position directing Weed & Seed, a crime-prevention and
community-revitalization program in Hamtramck, a small city that’s
surrounded by Detroit. It hasn’t been easy. She’s taken a 25% pay
cut and is paying for her own health insurance, all while shouldering
$25,000 in student debt. “But reinventing yourself takes time,” she
acknowledges.

See what else CNN Money learned from Detroiters here.