Home
>
Parenting
>
What Do You Teach Your Children About Money?

What Do You Teach Your Children About Money?

Whether we realize it or not we teach our children about money every day. Sometimes we teach with words and sometimes with actions. I'm sure at one time or another the following scenario as happened to you or something close to it: "Mom, can we go buy some toys?" You say, "We don't have the money for that right now." Your children reply, "Just go to the ATM and get the money." You then make a comment to the effect, "There has to be money in my account in order to get money from the ATM." I still remember the first time I had that conversation and my children's jaws dropped. It never occurred to them that you had to have money in order to get money out of the ATM machine. They just saw the ATM as the cash machine ? Free money. Don't we all wish that was true!

Let me share with you another conversation we had in my house. We were giving out allowances and we always give it to them in change, so they can take their offering to church. My son said, "Why, do we give money to church anyway?" My daughter quickly piped up, "Because, the Bible tells us to." She is accurate that the Bible instructs us to give to church, but there is a better explanation. (For the record, I don't like using because the Bible says so ? we need to teach our children about the reasons God gives us instructions and his promises in the Bible.) We give money to church, because God owns everything anyway. All that we have has been given to us from Him and he owns it all. We are only giving a small portion back to thank Him for the bounty he has given us. So, we give the church a praise offering for what God has graciously given us.

Many people have different views about money. Some don't want to tell their children anything about how much they make and how they pay bills. They don't want their children to know that and see that as private. Some people give their children way too much information and then children worry if things are tight. I think there is a middle ground. How are children going to learn to spend money wisely if we don't show them? I think it is important for you to share with children how things were in the lean years of your family. That maybe right now. Many children today, when they become adults, want to start out where their parents ended up. They don't see all the difficult times that led up to where their parents are now. Share with your children in age appropriate ways how to spend and save money. Teach your children how to compare prices and shop for a bargain. I have seen many teenagers over the years and I'm amazed at when they start spending their own money for clothing all the sudden Wal-Mart doesn't look so bad anymore, instead of the high priced stores they want parents to spend their money.

In conclusion, what and how are you teaching your children about money? Do they know that God is in control? Do they see you giving to church? Do they even know how bills are paid? Maybe you are saying, "I have been a poor manager of money, who am I to teach them?" We are all learning and God is gracious to help us when we make mistakes. He can help you know what to say and how to teach your children about money. Ask God to help you manage your money wisely and set a good example for your children.

? 2005 Kimberly Chastain

Kimberly Chastain, MS, LMFT is the Christian Working Mom Coach and a Licensed Marriage and Family Therapist. She was recently featured in the book the Myth of the Perfect Mother. She is the author of "Help My Preteen/Teenager is Driving Me Nuts!!!" To purchase a copy of this e-book please visit http://www.kimberlychastain.com/parenting To schedule a free, initial coaching session send an email to http://www.kimberlychastain.com/parenting or visit http://www.kimberlychastain.com/parenting Feel free to make comments on this article at the Christian Working Mom Blog, http://www.kimberlychastain.com/parenting

The Text Information Box above MUST be included for reprint privileges. You may reprint this article in it's entirety with the attached text box.

no-contract cleaning service Des Plaines ..

In The News:

Phishing scammers use rnicrosoft.com domain to impersonate Microsoft by replacing "m" with "rn" in typosquatting attacks that steal login credentials.

OpenAI announces new teen safety rules for ChatGPT users under 18, blocking romantic roleplay and requiring extra caution on body image topics.

A 2025 data breach at fintech company 700Credit exposes personal information of more than 5.8 million people through compromised third-party integration partner.

Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with $850 billion in returns expected in 2025.

ShinyHunters claims responsibility for stealing 94GB of Pornhub user data affecting over 200 million records and demands Bitcoin ransom.

ChatGPT 2025 now connects to Apple Music, Canva, Expedia, TripAdvisor and OpenTable through built-in apps that help users create playlists, design graphics and more.

Apple releases emergency patches for two zero-day vulnerabilities actively exploited in attacks. iPhone and iPad users urged to update immediately.

DoorDash launches Zesty, an AI-powered social app that recommends restaurants through conversational search, now testing in San Francisco and New York.

Cybersecurity firm Infoblox reveals that over 90 percent of parked domains now redirect visitors to scams and malware, making simple typos extremely dangerous.

The Fox News AI Newsletter covers the latest artificial intelligence technology advancements, including the challenges and opportunities AI presents now and for the future.

GPT-5.2 is now live for all ChatGPT users with improved coding, writing and image interpretation, with Kurt Knutsson offering his review.

New iPhone replacement scam uses pressure tactics and fake carrier calls to steal devices from buyers. Criminals claim shipping errors and demand urgent returns.

Amazon Ring's new facial recognition feature sparks privacy controversy as Electronic Frontier Foundation critics argue the AI upgrade expands surveillance risks.

New Android banking trojan Sturnus steals credentials, reads encrypted messages and controls devices.

Denmark's 3D-printed student village proves automation builds 36 apartments faster than traditional methods. Skovsporet project shows housing future.

Discover Android's new Sound Notifications feature that alerts you to smoke alarms, doorbells, and baby cries even when wearing headphones.

New SantaStealer malware reportedly threatens holiday shoppers with password theft. This Christmas-themed info-stealer targets browsers and crypto wallets.

The Christmas season brings a surge in Netflix phishing scams targeting shoppers with fake emails. Stacey P received convincing scam but verified account first.

San Francisco Giants invite Jamie Grohsong to throw ceremonial first pitch at Oracle Park after he learned to play baseball with a bionic hand following an injury.

FBI warns cybercriminals are stealing family photos from social media to create fake proof of life images in virtual kidnapping scams targeting victims.

Instagram's new 'Your Algorithm' tool lets you control your Reels feed in real time. The app now gives you power to customize what videos you see.

Major Marquis fintech breach exposes 400,000-plus Americans' data through unpatched SonicWall vulnerability, with Texas hardest hit at 354,000 affected.

Free up iPhone storage fast by clearing large photos and videos from Messages app. Simple steps for iOS users to delete attachments without losing chats.

Scammers are flooding inboxes with fake tracking alerts that mimic real carriers, exploiting the holiday rush to steal logins and personal data.

The Fox News AI Newsletter brings you the latest news on AI technology advancements and the challenges and opportunities AI presents now and for the future.

What Do You Teach Your Children About Money?

Parenting