Why buy The No-Cash Allowance?
Give your kids the money management experience they can only learn through hands-on practice in your home.
Your child can learn how to manage money day-to-day, use and keep track of cashless spending, and make responsible spending choices.
Easy to use system
Requires paper and pencil to start. Older kids can use a computer spreadsheet.
Puts responsibility in hands of kids
Kids record every money transaction in and out as a number, always aware of the bottom line.
Give experience with cash and cashless transactions
Kids withdraw money (parent acting as an ATM), or parents pay for purchases and kid subtracts (like a debit card).
Creates a paper trail
Eliminates confusion over money transactions.
Doesn’t break down or get forgotten
Kids own the accounts and gain experience tracking their money. The printed accounts encourage discussion and evaluation.
Shows how to manage money as a number
This is similar to the way parents manage money today and is most definitely the way your kids will manage money as an adult.Follow me on social media: