Teaching Kids About Money

How many of us look back on our childhood and wish we’d been taught more about money? More than two thirds of Americans live paycheck to paycheck. Many parents are not doing a great job themselves. Many find it an easy subject to avoid.

Sadly, most people leave home and graduate from university without any idea how to manage money never having been taught personal finance. It doesn’t have to be that way!

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For me, it starts at home. I believe in leaving my kids a rich inheritance. However, it has nothing to do with money. Instead, it means teaching my children to be financially literate; to be Balanced financially.

 

Many have encouraged me; it’s better to build boys than mend men. Solve the problem before there is one. Help children avoid the pain of following a consumer driven lifestyle. Instead follow God’s plan.

 

God wants us to make a difference, financially, in our family tree. If we don’t teach children these most basic, critical life skills, they’re going to struggle with this problem their whole lives. Money problems are the leading cause of kids dropping out of post secondary education and the leading cause of divorce.

 

The Bible’s says more about money than any other subject. God inspired the apostle Paul to write theses illuminating words.

 

It is required of a steward that he be found faithful.

1 Corinthians 4:2