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I know people think we drive around in these nice cars and we do whatever we want and our parents will pay our credit cards, but that's not the case. Sure, my parents were generous; I got a nice car at 16, but at 18 I was cut off. I've worked really hard. I opened the store myself.

When I was a kid, there were no credit cards. Instead, retailers offered layaway plans. My mom would go to a store, such as a furniture outlet, choose the sofa she wanted, and put it on layaway. That meant she put a little money down to hold the sofa, and every payday she'd pay a little toward the purchase.

You don't realize how much you use your credit card not even to buy things. It's a card you get so you can navigate society.

When you're nearing 35, going, 'Hey Dad, I can't make these payments,' just isn't cool.

I never did buy things on credit, I always paid for 'em, because I can't see much difference in paying for something and just waiting a week and pay interest on it; that looks foolish to me.

I was driving around the country when I was 19 and happened to run out of cash in Seattle, so I settled here.

My son's going to have a job, and if he wants to get a car when he gets his license, he's going to pay for it on his own like I did.

Of course I have bills to pay, but at the same time, it's more about the passion and the love, and I think that's where music should come from, the heart, not necessarily just to cash a check.

Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.