The No-Cash Allowance provides a real-life, hands-on financial experience that kids will not get in school. Lynne Finch, award-winning writer and author, gives parents an easy-to-use method for kids to develop money management skills. She shows parents how to help kids learn to make financial choices that will help them become financially independent when they become adults.In today's economic climate with financial bailouts and stimulus plans, it is even more important for our kids to grow up to be financially independent as adults. Kids who learn to manage money will be able to survive in an uncertain financial future. Parents who help their kids learn financial literacy and competency through hand's-on practice at home will not need to bailout their kids when they become adults, thus protecting the parent s own savings and retirement funds. Charts, tables and illustrations show how children can track all their money in their account initially kept in the home with parents acting as bankers. Children from pre-school through high school can practice concepts of debit cards, ATMs, electronic transfers and credit transactions using their own money. Examples of dialogue between parent and child create a picture of real-life situations.
Price: $16.95
