Entitlemania

Richard Watts is a personal advisor and legal counsel to the super wealthy, and author of Entitlemania: How Not to Spoil Your Kids, and What to Do if You Have. Mr. Watts said well-intentioned parents are creating a \'\'me\'\' generation of children who lack the wisdom and satisfaction of accomplishment that can only be learned through struggle and adversity. He offered examples of parental decisions that create a sense of entitlement in children in families of all income levels. He also outlined simple ways for parents to be a good example for children.

Credit Card Leniency

It pays for consumers to reach out to a credit card provider when faced with unwanted fees and high interest rates. Matt Schulz, Senior Industry Analyst at CreditCards.com said 87% of credit cardholders who asked for a late fee waiver were successful and 69% who requested a lower interest rate received one. His organization’s study found that only about half of consumers have made any request at all for credit card leniency.

Healthy Lifestyles and Retirement

Dana King, MD, M, Professor and Chair of the Department of Family Medicine at the West Virginia University School of Medicine led a study that examined whether retired, late middle-aged adults led a healthier lifestyle than those who were still in the workforce. He found that the spare time found in retirement did not translate to healthier lifestyle choices. He said that 90% of Americans of any age are not making healthy choices. He explained discussed the possible reasons why.

Richard Watts

As personal advisor and legal counsel to the super wealthy, Richard Watts spends his workdays within the castle walls of America’s most successful families. Called on to guide his clients through some of the most intimate and difficult decisions they have to make, his primary passion is conveying the wisdoms of life through his practice, lectures, and writings. He is the founder and President of Family Business Office, a legal and consulting firm in Santa Ana, California.



Richard studied economics at University of California at San Diego, Earl Warren College, and was admitted to practice law in California in 1982. He is an alumnus of Harvard Business School.



Richard and his wife, Debbie, live in Laguna Beach, California, in the neighborhood of their three boys: Aaron, Todd, and Russell; two daughters by marriage, Rene and Stephanie; and their four extra-special grandchildren, Maclane, Lucy, Chandler, and Bennett.



You can find Richard surfing at San Onofre, golfing at Santa Ana Country Club, or sitting in a local coffee shop with friends, talking about subjects that really matter.

Richard\'s Website

Matt Schultz

CreditCards.com Senior Industry Analyst Matt Schulz has spent much of the last decade helping people make smart decisions about their money, especially credit cards. A keen observer of the payments and credit card industry, he has been quoted in or had his work appear in major media outlets such as NBCNews.com, MarketWatch, U.S. News and World Report and Huffington Post. Matt is also a frequent speaker at industry conferences.



This is Matt\'s second stint with CreditCards.com, having previously served as managing editor from 2008 to 2012. He has also led online editorial teams for an investing education website, as well as two local TV stations and a newspaper in Austin, Texas.

Credit Cards.com