7. A method for teaching reading skills using a plurality of colored visual indicator members for representing letters, said visual indicator members grouped into sets according to a physical characteristic of letters the visual indicator members represent, and each visual indicator member of each said set having a unique color characteristic for distinguishing it from other visual indicator members of the same set, the method comprising the steps of: providing a first set of six visual indicator members representing vowel letters wherein said visual indicator members of said first set all have a common height dimension; providing a second set of seven visual indicator members representing consonant letters extending above a middle line on ruled penmanship paper wherein said visual indicator members of said second set all have a common height dimension different from said height dimension of said visual indicator members of said first set; providing a third set of four visual indicator members representing consonant letters extending below a lower line on ruled penmanship paper wherein said visual indicator members of said third set all have a common height dimension different from said height dimension of said visual indicator members of said first set; providing a fourth set of nine visual indicator members representing consonant letters not represented by said second and third sets of visual indicator members wherein said visual indicator members of said fourth set all have a common height dimension different from said height dimension of said visual indicator members of said first, second and third sets; selecting said visual indicator members from said sets and arranging the selected visual indicator members to form a word sound; and identifying the word sound formed by the visual indicator members.
7. A method for teaching reading skills using a plurality of colored visual indicator members for representing letters, said visual indicator members grouped into sets according to a physical characteristic of letters the visual indicator members represent, and each visual indicator member of each said set having a unique color characteristic for distinguishing it from other visual indicator members of the same set, the method comprising the steps of: providing a first set of six visual indicator members representing vowel letters wherein said visual indicator members of said first set all have a common height dimension; providing a second set of seven visual indicator members representing consonant letters extending above a middle line on ruled penmanship paper wherein said visual indicator members of said second set all have a common height dimension different from said height dimension of said visual indicator members of said first set; providing a third set of four visual indicator members representing consonant letters extending below a lower line on ruled penmanship paper wherein said visual indicator members of said third set all have a common height dimension different from said height dimension of said visual indicator members of said first set; providing a fourth set of nine visual indicator members representing consonant letters not represented by said second and third sets of visual indicator members wherein said visual indicator members of said fourth set all have a common height dimension different from said height dimension of said visual indicator members of said first, second and third sets; selecting said visual indicator members from said sets and arranging the selected visual indicator members to form a word sound; and identifying the word sound formed by the visual indicator members. 12. The method as recited in claim 7 wherein the word sound comprises a beginning sound for a word, the method further including the step of placing different visual indicator members next to the selected visual indicator members to form different words using the same beginning sound.