Hi Allen,
For years now I have been cutting
clubs down for my son, after years of trial and error I have discovered the best option to be....................buy the cheap single ladies club from the spare or test box with grafite shafts. Then cut the club just below the grip, this will leave you a club that is still to long, get your child to grip 'down' the shaft until it the head sits nicley on the ground. Now the important bit, put a chalk line where the bottom hand if furthest down the grip. Dont cut here measure a full grip length then cut at the highest point, double rap and put a childs grip on.
The club should now be about two inches to long which allows growing space, try to stick with one wood, one iron around 8, and a putter.
Hope this helps.
Ian.
Expert child club fitter............LOL