Teaching Kids About Money

Last week, my son Andrew earned his first ten dollars mowing our neighbor’s yard. He’s learning the value of hard work and the benefits of diligent labor; but his father and I also want to instill in him principles of godly stewardship of money.

This isn’t easy. We’re raising our children in a culture where people seek identity in wealth and satisfaction from material possession.  And because of sin in our children’s hearts (and, if we’re honest, in our hearts too!), they won’t grow into wise, honest, generous, God-fearing financial stewards without our help.

We need to teach them what the Bible says about money and train them to handle it according to biblical principles. That’s why I’m grateful for Randy Alcorn’s recent article, “Training Your Children to Manage Money.”

Mr. Alcorn suggests ten ways to help your children gain a biblical perspective on money and manage it wisely, including some creative ideas I’d never thought of before, such as: Take a field trip to a junkyard!

May this article provoke us all to teach to our kids about money while they are young and their earnings meager. Let’s pass on godly values that our children can carry with them into adulthood.

HT: Justin Taylor