by Lynne Finch | Dec 13, 2023 | Allowance apps, Homeschooling Financial Education, Kids Financial Education, Kids, Money and Responsibility
Having money as a child and managing money as an adult are not the same. How can parents use kids allowances to give them a taste of the adult world of personal finance? When creating your allowance system, consider how it translates to life after age 18. Think of...
by Lynne Finch | Oct 11, 2023 | Homeschooling Financial Education, Kids Financial Education, Kids, Money and Responsibility
A recent BYU study finds experiential learning is best for children to develop financial responsibility. This study confirms the allowance experience I wrote about in my book, The No-Cash Allowance. Such a strategy works for parents and homeschoolers as a...
by Lynne Finch | Sep 20, 2023 | Homeschooling Financial Education, Kids Allowances, Kids Financial Education, Kids, Money and Responsibility
What do you say when your kids start asking for money? Like most parents, you think they want money to buy stuff. Of course, they do. But if you dig deeper this is an opportunity for you to start teaching them how to manage money. Asking for money shows interest We...
by Lynne Finch | Jun 14, 2023 | Homeschooling Financial Education, Kids Allowances, Kids Financial Education, Kids, Money and Responsibility
Starting school opens the door for your child for more money management experience. The 6-12-year-olds have more activities and an expanding social life. Your kids spend more time away from the family and start using money when you’re not around. As your child...
by Lynne Finch | Apr 19, 2023 | Homeschooling Financial Education, Kids Financial Education, Kids, Money and Responsibility
There’s a truth about money that cannot be overlooked in teaching kids how to manage their finances. When we continue to change from cash to cashless spending our kids need a reliable way to track money they can’t see or touch Invisible money complicates how...
by Lynne Finch | Apr 18, 2022 | Kids Financial Education, Kids, Money and Responsibility
As more schools require a financial literacy course to graduate, adults continue to believe money education is best learned at home. In a recent survey some 83% of U.S. adults said parents are the most responsible for educating their children on the topic. Here’s the...
