At a first-ever White House summit of its kind, the President shares a few life lessons on saving, investing in yourself, and managing debt.
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All Contents © 2019The Kiplinger Washington Editors
By Douglas Harbrecht, New Media Director
| June 10, 2011
Official White House photo by Pete Souza
On June 8, 2011, the White House invited 23 journalists from leading personal-finance sites for a first-of-its-kind summit. The goal: translate important issues for the economy out of Washington-speak and into practical, pocketbook terms that everyday Americans who get their financial information online can understand.
Kiplinger.com asked President Barack Obama to reveal the one piece of personal financial advice that he had found most useful in his own life -- a question rarely, if ever, asked of presidents. Turns out the President has four pieces of financial advice that we at Kiplinger espouse all the time.
(Editor's Note: This slide show was originally published in June 2011. We like to refeature it on occasion for insight into the President's approach to money management. So, too, do other sites such as Business Insider, whose Jan. 17, 2013 article looked back at Kiplinger's personal question for President Obama.)