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Be proactive when your kids ask for money; they are ready to learn

by Lynne L. Finch | Feb 8, 2019 | Homeschooling Financial Education

Here’s a multiple choice question for parents. What do you say when your kids ask for money? A.      Why do you need money? B.      Do you think money grows on trees? (What our parents might have said.) C.      You just want money so you can go spend it at the...

Why parents avoid the money talk with their kids

by Lynne L. Finch | Jan 25, 2019 | Homeschooling Financial Education

Parents are more comfortable discussing sex, bullying, drugs, death than money. This, according to a T. Rowe Price survey, shows that talking about money is a challenge. Why do parents avoid the money talk with kids? Parents think they need to be experts With the...

Piggy banks are cash only but most parents use cashless methods

by Lynne L. Finch | May 2, 2018 | Homeschooling Financial Education

Piggy banks are cash only. We do love our piggy banks. They are cute, make great gifts, and we think they teach our kids about money. However, in today’s world cash is diminishing in importance. Yet we restrict our children’s money management experience by...

How to avoid the money crisis awaiting our kids

by Lynne L. Finch | Apr 18, 2018 | Homeschooling Financial Education

A potential financial crisis is coming for our children, a predicament that can negatively affect our entire economy. It’s all about money. Why are we teaching our kids to use cash when most adults embrace digital methods for money transactions? Transactions using...

Show your kids money management in action

by Lynne L. Finch | Mar 22, 2018 | Homeschooling Financial Education

Kids believe what they see. They believe in the Tooth Fairy, Easter Bunny and Santa Claus because they see the results. Kids also see spending. They see something magical happen at checkout and see a new purchase. But do your kids see money management? Probably not....

Do Kids Need Cash to Learn How to Manage Money?

by Lynne L. Finch | Jan 8, 2018 | Homeschooling Financial Education

Here’s a new question for parents to consider about allowances. Do kids need cash to learn how to manage money? Traditionally, kids receive cash allowances and spend as cash. Yet adults are using less cash. Recently a mom asked me,“If I don’t use much cash, why...
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