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4 Family Money Lessons From Top Companies

Especially for those who start out in a deep financial hole, getting your finances in order can seem impossible.If it's any consolation, so can starting a successful business, says Nancy Koehn, a historian at the Harvard Business School."There are something like 3 million businesses incorporated in America each year. The overwhelming majority of those won't live past their first birthday," Koehn says.But whether a business leader is building a startup into a global powerhouse or turning around a company that's fallen on hard times, there are some common threads between successful companies, Koehn says.What does that have to do with your money? Potentially plenty, says Sue Hunt, director of housing counseling at CredAbility, a nonprofit credit counseling service."Individuals, with their personal finances, can sometimes learn a lot from emulating corporate practices," Hunt says.Here are some of the best money lessons for families from America's biggest companies.Have a compelling visionK...

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