attn:money » 2009 » April

“Neuroenhancers” and attention to money

Ken Kaye — Sun, 26 Apr 2009 16:58:52 +0000

“Neuroenhancers are perfectly suited for the anxiety of white-collar competition in a floundering economy. And they have a synergistic relationship with our multiplying digital technologies: the more gadgets we own, the more distracted we become, and the more we need help in order to focus.” So concludes a New Yorker piece this week on the increasing [...]

Desorden de atención monetaria en descendientes

SergioA — Sat, 18 Apr 2009 22:37:42 +0000

por Sergio Armendáriz Royval El Heraldo de Chihuahua 18 de abril de 2009 Este título parece más que todo un problema psicológico o neurológico que generalmente asociamos con los ahora más generalizados o diagnosticados déficit de atención, de hiperactividad, de trastornos del aprendizaje y demás relacionados. Pues de acuerdo a mis experiencias con los descendientes que he interactuado, [...]

Should my daughter do her own taxes?

roslync — Sat, 11 Apr 2009 16:17:23 +0000

I just spent about 8 hours doing my 24-year-old’s taxes for her – longer than it took to do my own, because she had wages from employers in three states last year, plus income and losses in family investment partnerships, etc. It took about 100 phone calls and FAXes just to get the numbers. I [...]

“Toe in the Water” education about adult ADD

Attn:Money — Thu, 09 Apr 2009 17:35:57 +0000

David Giwerc’s ADD Coaching Academy created a new teleclass series for those who are just getting started in learning about ADD and what can be accomplished through coaching.

brilliant but can’t tell time

johnsup — Mon, 06 Apr 2009 19:06:34 +0000

I have a friend who graduated from an Ivy League college with honors but she misses a majority of her airplane flights. Her finances are a mess as well. I never knew what to make of this contradiction until now. I am tempted to send Nick’s checklist idea.

School should be teaching this stuff

wbrand — Sun, 05 Apr 2009 22:07:58 +0000

I think it’s an outrage that there is no place that children are exposed to basic financial concepts of savings investment, dollar cost averaging, compounding, responsible and appropriate debt management - unless they seek it out extracurricularly or in college.

Addressing “education loans”

edsax — Sun, 05 Apr 2009 22:04:49 +0000

Are you addressing the “education loans” in the book? I find it predatory that these lenders offer what they call college loans at the rates and terms offered up.

“Trust Me” available on Amazon and Barnes & Noble

Attn:Money — Sun, 05 Apr 2009 19:23:39 +0000

Here we’ll post comments and discussion that we receive from readers of the book.

Motivate, Teach, Support

Ken Kaye — Fri, 03 Apr 2009 19:44:24 +0000

“How much do you need?” a father played by Jason Robards in the movie Parenthood asks his hapless son (Tom Hulce), with a look that says “… you worthless, disappointing, lying bum”—while reaching into his pocket.

As a psychologist as well as a father, I wanted a way to communicate exactly the opposite. A way to give my sons and daughters the consistent message, “You’re worthy, you’re capable of succeeding, I love you, and we’re going to help you.” A system that helps by teaching them to fish rather than merely handing them a wad of fish.

Parental Bailouts

Ken Kaye — Fri, 03 Apr 2009 19:20:49 +0000

Different kinds and degrees of debt demand different kinds of intervention. But let’s begin with the general question: Is it wise to bail our adult children out of trouble they got themselves into? Or should one let them bear the consequences, so they learn?

Unless this is a long-term chronic problem, grab your bailing bucket. Absolutely. The lessons taught by overwhelming debt aren’t taught any better by letting a bad crisis become hopeless. Debt isn’t like water standing three feet deep in a basement, which has ruined the books and games stored there but will eventually flow away again and leave the owner with some cleaning up to do. It’s a rising flood, threatening to carry off the whole house—literally. Left alone, it doesn’t go away, it just gets deeper.