The No-Cash Allowance: A Practical Guide for Teaching Your Children How to Manage Money

The No-Cash Allowance by Lynne Finch has been named ‘Most Outstanding Parenting Book’ by Mom's Choice Awards®. The book explains how parents can provide a financial education at home. Children from pre-school through high school can practice concepts of debit card, ATMs, electronic transfers and credit transactions using their own money. A no-cash allowance places control of cash and non-cash money in the hands of the child to create a real-life money management and responsibility that is similar to that of an adult. Children learn to manage money day-to-day while and to make responsible spending choices.