Your children will eventually manage money without you. The goal is to let them practice while you are still there to teach them.
Financial literacy for kids does not begin with complicated budgets, investment accounts, or lectures. It begins through ordinary experiences: seeing what groceries cost, earning money through work, saving toward something meaningful, and discovering that every purchase involves a choice.
In this episode, I share five practical ways we teach our kids about money. I explain how we discuss family expenses without complaining, why basic family responsibilities should not automatically earn an allowance, and how saving toward a special experience taught my son the value of delayed gratification.
Children will make financial mistakes. Letting them make small mistakes now gives us an opportunity to guide them before those mistakes involve credit cards, rent, debt, and adult consequences.
Money is a tool. Our responsibility is to teach our children how to use it wisely, responsibly, and in a way that can serve God and others.
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