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 | Mar 29, 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 | 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...
by Lynne Finch | Jan 17, 2022 | Kids Allowances, Kids Financial Education, Kids, Money and Responsibility
When parents describe their kids’ money habits to me, they quickly label them as a money spender or saver. One mom says, “He can’t wait until he gets money.” Another tells me, “She just enjoys having money.” While parents easily identify these spending habits and...
by Lynne Finch | Jan 3, 2022 | Kids Financial Education, Homeschooling Financial Education, Kids, Money and Responsibility
If you want your kids to learn to manage money before they leave home, you will need is an effective allowance strategy that creates good money habits early. Parents, if you don’t teach personal finance lessons to your kids, they likely...
by Lynne Finch | Apr 22, 2021 | Homeschooling Financial Education, Kids Financial Education
Looking for the best allowance app for your kids? The many choices and configurations available make it a daunting mission indeed. However, sometimes simple is best. Allowance apps do move kids away from cash-only systems by digitizing the money. This helps kids...
