Robert Katch, president of Manchester Financial, was featured in this Pittsburgh Post-Gazette article on teaching children about finances through their allowance. Below is a quote from Robert in the article:
Even if parents have had no change in their income, they may still want to brace themselves for the uncertainties of a weak economy by cutting expenses across the board, including allowances, said Robert Katch, president of Manchester Financial in Westlake Village, Calif. “This helps the family budget and helps children understand what’s going on,” he said.