Jun
16
2010
Training Your Children to Manage Money
Here is an outline of Randy Alcorn’s article on ways that parents can help their kids learn to think biblically about money.
1. Give your children something greater than money—your time.
2. Use life’s teachable moments to train your children.
3. Take a field trip to a junkyard.
4. Teach your children to link money with labor.
5. Teach your children how to save.
6. Get your children started on the lifetime adventure of giving.
7. Provide your children with financial planning tools.
8. Teach your children how to say “No.”
9. Show your children how family finances work.
10. Never underestimate the power of your example.
Read the whole thing for an explanation of each point.