TIME Magazine interviews UB professor of finance about teaching kids money facts

An article in TIME Magazine reports on the change of heart Lewis Mandell, professor emeritus of finance and managerial economics and former dean of the UB School of Management, says he has had about teaching kids about money in the classroom. Most kids are not equipped to learn about money in a way that will lead to wise decisions as adults, he says. And giving kids an allowance doesn't teach them anything either.

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Why Giving Your Kids an Allowance May Not Teach Them Anything