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Follow on Google News | Experience Is The Best Educator For Teaching Teens How To Handle Their FinancesTeaching our children how to handle money begins in the home. A new study shows that the majority of teens prefer to learn through experience rather than education, but are they being heard?
By: Walnut Row A recent survey released by The Charles Schwab Corporation (http://www.aboutschwab.com/ The author of "The No-Cash Allowance" (http://www.walnutrow.com/) In her book Lynne shares ideas on how parents can work with their children to help them become more responsible with their money. With ideas for children starting as young as pre-school, her book gives parents the guidelines and information needed to help their children reach money management success. "It does not require financial expertise but rather the willingness to give control and responsibility for money to the child." said Lynne, when asked to comment about her no-cash system, "In this system a child control all funds received from parents through a written credit-type account with adults acting as bankers. The account balance shows the amount of money or credit available to the child. A no-cash allowance gives kids a “big picture” view of their money and shows that each decision affects the balance." About Lynne Finch Having published "The No-Cash Allowance" in 2004, the advice she shares is still going strong. In 2006, The Mom's Choice Awards® (http://momschoiceawards.com/ Not just an author, Lynne also appears frequently on "Money Sense" which can be found on station WISN AM 1130 in Milwaukee. She also writes an article for their quarterly newsletter (http://www.ellenbecker.com/ Contact: Lynne Finch, author of "The No-Cash Allowance: A Practical Guide for Teaching Your Children How to Manage Money" http://www.walnutrow.com/ E-mail: LynneFinch@walnutrow.com Phone: 920-982-1475 P.O. Box 25 New London, WI 54961 # # # Walnut Row creates books for children, books for life. Its first book by Lynne L. Finch, “The No-Cash Allowance” is a parenting book that received a national award. This book provides a hands-on financial education for children. End
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