Give your children money with responsibility and the control to manage it all by themselves.

Provide the Financial Education Your Kids Need
Help them develop the essential life-skill of money management
- Create a plan for your kids and works with your family values
- Use allowances in a homeschooling setting to complement financial literacy classes
- Provide continuing hands-on experience from pre-school through high school
- Power to control their own money. Give your kids debit card experience
- Ability to manage age-appropriate expenses
- Independence in making decision and accepting the results
- Transferring money control to your kids so they assume responsibility for managing their money
- Requiring young kids to track every transaction in the no-cash allowance account, creating a money trail
- Initiating money conversations because money is now a neutral topic
- Helping them establish accounts in financial institutions as they get older
LATEST BLOG POSTS FROM THE NO-CASH ALLOWANCE
Why allowances for your kids are more than money
Kids can manage money before they know how to read. Even though providing allowances for your kids may not seem an essential part of parenting, it is. When parents provide their kids with money to manage using allowances, they create one of the most educational...
Help your spender or saver kids manage money better
In talking with parents, they usually start by telling me about their spender or saver kids. There's good reason for parents to recognize their kids' money behavior. It now appears that this may be more significant for the kids future than previously thought. Recent...
Your kids best first job is being a great student
Hey parents! Your kids best first job is being a great student. Those working years in K-12 classrooms are your kids first job, the one that can set them up for success in their future.
Parents: How to create money smart kids by doing this one thing now
Parents, you can raise money smart kids by doing this one thing now. Stop controlling your kids’ money. Without the ability to make good decisions and learn from their mistakes, kids will not be prepared to manage money successfully as an adult.
Why this allowance expert does not recommend using allowance apps
Allowance apps, in my opinion, teach kids to allocate money as children but do not prepare them to manage money as adults. In my award-winning book, The No-Cash Allowance, I recommend that kids from ages 3-18 completely own their money along with responsibility and...
What your teens need before becoming legal adults financially
The teen years are the dress rehearsal before adulthood. Parents’ role here is to continue to increase funding and responsibility before becoming legal adults financially. To expect someone who has been spending money freely to make an overnight transition to spending as a responsible adult is unrealistic.