by Lynne Finch | Sep 13, 2023 | Allowance apps, Homeschooling Financial Education, Kids Going Cashless, Kids, Money and Responsibility
When it comes to wealth and debt, kids believe what they see. They believe physical possessions are a sure sign of wealth; more stuff means more money. Wealth is an accumulation of valuable economic resources that can be measured in terms of either real goods or money...
by Lynne Finch | Aug 16, 2023 | Homeschooling Financial Education, Kids Going Cashless, Kids, Money and Responsibility
Allowance experts told parents that paying with physical cash created a sense of loss. Today there are 4 types of cash for kids to manage, but only coin and currency can be seen and touched. Experts said that pain of paying with physical cash would make kids better...
by Lynne Finch | May 31, 2023 | Homeschooling Financial Education, Kids Going Cashless, Kids, Money and Responsibility
At a financial literacy conference, experts were asked how to improve financial literacy levels for people of all ages. They said a four-letter word. Math. Managing money as a number is money math in action. Hands-on experience with physical money makes the numbers in...