Expert: Paying Kids Allowance Is ‘Cruelty’
The great allowance debate has reached a new level with financial-education pioneer Lewis Mandell asserting that unconditional weekly payments are so detrimental as to constitute “cruelty”
Kadlec's latest is A New Purpose: Redefining Money, Family, Work,Retirement, and Success
Dan Kadlec
Dan Kadlec is a journalist and author who has written extensively about baby boomers, personal finance, the economy and financial education for TIME, Money, CBS and USA Today among others. He has appeared on Oprah, CNBC, CNN, and all the major networks. His most recent book is A New Purpose: Going From Success to Significance in Work and Life. Follow him on Twitter @dankadlec. He has a degree in Communications from Marquette University and lives with his wife and nearly adult children in Westchester County, NY. Read more about Dan at dankadlec.com
Articles from Contributor
How to Draw Down Your Nest Egg: 3 Alternatives to the 4% Rule
The presumed safe withdrawal rate of 4% has been a disaster for new retirees the last dozen years. Here’s a better way.
Workers Who Delay Retirement May Be Happiest
Once a radical view, working longer as a means to health and happiness is the new reality for many.
Coming Soon: New Standards for Teaching Kids about Money
In coming weeks and months, a new comprehensive set of guidelines for what kids should know about money–and when–will land in your school district.
Have Americans Given Up on Saving for Retirement?
Americans have reached a new level of futility in planning for their retirement. Many say there is no point in saving with interest rates so low and future health costs so high
Kids’ Money Made Simple: It’s All About Goals and a Budget
Yet another study shows us how poorly teens do managing money. But this one says the fix is simple.
Memo Read Round the World: Yahoo Says No to Working at Home
New CEO (and new mother) Marissa Mayer says there will be no more working from home at the Internet pioneer. Puff goes two decades of workplace reinvention.
Haven’t Saved Enough? Here’s How to Catch Up
Boomers are famously under-saved. Fewer than half say they are confident that in retirement they’ll be able to afford basic expenses like housing and utilities. The average boomer is about $500,000 short on savings. Here’s how …
The Best Way to Teach Kids About Money? Slip It Into Math and English Classes
With 46 states signed on for the new Common Core academic standards in 2014, the Federal government is bidding to make personal finance instruction an embedded part of Math and English. Treasury will unveil an online teachers tool this spring.
Why Can’t People with Student Loans Refinance at Better Rates?
Thirty-seven million people with $1 trillion in student debt have been unable to take advantage of historically low interest rates. Is it time to invite them to the refi party?
How to Master the Allowance Question and Prepaid Cards in One Shot
Virtual family banking site FamZoo has introduced a prepaid card that actually makes sense–for kids and parents.
Bold New Rule: Students in the U.K. Must Study Personal Finance
Dozens of countries, including the U.S., are searching for ways to raise the financial I.Q. of their citizens. But only a handful have taken the bold step of making personal finance a high school requirement. Here’s why the U.S. needs to move faster.
