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 [email protected] or visit http://www.christianworkingmom.com Feel free to make comments on this article at the Christian Working Mom Blog, http://kimberlychastain.com/my-journal

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.

In The News:


mindbodygreen.com

Amanda Chantal Bacon Opens Up About Her Spiritual Approach To Parenting
mindbodygreen.com
Here at mbg, we believe you're the expert on your own wellness journey, and becoming a parent is no different. Yet from the moment of conception, or often even before, mothers and fathers are told what to do. Our Parenting Paths week celebrates a ...


TMZ.com

Fergie I've Got a Handle On Single Parenting
TMZ.com
Fergie is successfully juggling motherhood and career ... by bringing her little man to work with her. Fergie was at a NYC radio station Monday morning holding on to her son, Axl Jack, who's been going back and forth between mom and dad. Josh Duhamel ...
Fergie & Son Axl Enjoy a 'Date Night' After Her Split From Josh DuhamelSheKnows.com

all 59 news articles »

NRToday.com

Avoid helicopter parenting
NRToday.com
Helicopter parenting may seem like parents are simply being overprotective, but such an approach might have a serious impact. Many therapists say that parents need to get over being overly involved; otherwise, they risk potential psychological damage ...


HuffPost

The Only Parenting Advice I'd Dare To Give
HuffPost
The Only Parenting Advice I'd Dare To Give. 09/24/2017 03:11 am ET Updated 15 hours ago. I am sitting here. In a café. In front of me, a decaf. A laptop. And a pen. I am sitting here. Alone. For the first time in a while. A long while. My eldest ...


NOLA.com

A little PG-13 parenting advice, from one fed-up New Orleans man
NOLA.com
Eddie Lee Johnson smiles as he poses next to a hand-lettered sign he created to ward off pesky kids in his neighborhood on the edge of Mid-City. Eddie Lee Johnson smiles as he poses next to a hand-lettered sign he created to ward off pesky kids in his ...


Free parenting classes available
Fairbanks Daily News-Miner
FAIRBANKS — A new four-week session of “Particular Parenting — Choosing the Right Discipline for Your Child's Age and Personality” starts Oct. 5. The classes take place on four consecutive Thursdays at 6 p.m. at the Fairbanks Memorial Hospital ...


Foster parenting course to start
The Hutchinson News
Saint Francis Community Services will begin a 10-week course for those interested in exploring foster parenthood. The program is free and the first class is scheduled for 6 p.m. today at 501 N. Monroe St. More than 60 Reno County children must stay in ...


UF kicks off 7-part series focused on parenting
The Courier
The University of Findlay's psychology program will be offering “Raising Kids Today,” a seven-part series of free information sessions to assist caregivers with raising children, beginning Wednesday. The talks, held in Old Main's Ritz Auditorium, will ...


HuffPost

This Is Why You Need to Stop Justifying Your Parenting Choices
HuffPost
Over the past week, I've been thinking about a conversation I had with a friend recently. We were at a play date, with a bunch of other moms and their kids. The conversation turned, as it often does, to the stories of how our kids were born. I ...


Washington Post

Parenting books won't end your anxiety. Here's what to do instead ...
Washington Post
Q: As a general rule, I manage my parenting anxiety by not reading parenting books. It's too much contradictory information, and I get nuts about it. I've found that ...

and more »
Google News

The 5 Babysitter Commandments

Having a babysitter take care of your kids is sometimes... Read More

Disciplining the Wild Child

Do you have a wild child? Then this article may... Read More

Hearing Our Seriously Distressed Children

How do we deal with our seriously distressed children and... Read More

Why Wont My Teens Clean Their Room?

Have you ever had this struggle with your teens? Did... Read More

Public Schools Can Waste 12 Years of Your Child?s Life

For over fifty years, public-school officials and politicians have tried... Read More

Attaboy! Encouraging Phrases That Build Confidence

Home, home on the range, Where never is heard A... Read More

Promoting Your Childs Motor Development

Assuming there are no serious motor problems present, what can... Read More

While You Have the Time, Take the Time

Here in Kansas, where we live, the leaves are turning... Read More

Muscle Pain And Children Do Not Mix

I am in pain. I've been in pain all day.... Read More

What Should I Know About Strattera for ADHD?

Strattera came out around January of 2003, and is becoming... Read More

Home For The Holidays: Avoid Aging Parents Becoming A Burden

By not planning for the future we guarantee that we... Read More

Mutants or Clones?

In a single dose of children's television, I was bombarded... Read More

Develop Your Childs Genius: The King of Games - the Game of Kings

Many people still think that the game of chess is... Read More

Parents Demand Dumbed-down Tests:An Unintended Bad Consequence of the No Child Left Behind Act

The No Child Left Behind Act of 2001 is making... Read More

The Most Powerful Question a Parent Can Ask?

The question I have for you drives right to the... Read More

Vision: 20/20 Is Not Enough!

Now is an excellent time to have your child's vision... Read More

The ADD Child: Challenging Parents, Teachers and Friends

The ADD child exhibits a series of behaviors that are... Read More

Social Engineering via Robotic Toddlers

Is there a way to build a robot to help... Read More

The Benefits of Music Education

Despite serious reductions in funding for arts programs in... Read More

How Public Schools Coerce Parents Into Giving Mind-Altering Drugs To Their Children

Despite the potentially dangerous side-effects of Ritalin, public school authorities... Read More

A Man and His Baby

When a couple steps forth with a baby in tow... Read More

Should We Apologize To Our Children?

An apology is a sign of strength, not weakness. Sometimes... Read More

Ultimate Airplane Themed Games & Activities for your Childs Birthday Party

Are you looking for the Ultimate Airplane Themed Party Games... Read More

Reclaiming Her Identity: A Mothers Diary

After giving up my profession to become a wife, a... Read More

The Better Behavior Wheel - A New Kind of Calm in the Family

There's a new kind of fun and calm out there... Read More