Money 101 for Christian Kids

Money 101 for Christian Kids - Parenting Like HannahRaising kids to have godly values about money is tough. Not only are parents battling an extremely materialistic society, but godly principles about money require a delicate balance.

For example, everything we have belongs to God and is a blessing from Him. (James 1:17) We also need to take good care of our blessings and give generously back to God through helping others and direct donations to God’s work. (II Corinthians 9:7) We need to work hard in our jobs. (Colossians 3:23) We shouldn’t be obsessed with money, especially to the point where it replaces God. (I Timothy 6:10) And on and on.

It seems like a lot to teach a kid who is just learning to tell the difference between a dime and a quarter! Yet, if your children don’t learn how to be good stewards of their money, they will suffer a lot of negative, real life consequences. Poor money management will also tempt them to reject giving money to God or to serve others, but to keep it for themselves and what they want instead.

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Easy Ways to Teach Kids to Share

Easy Ways to Teach Kids to Share - Parenting Like HannahHave you ever thought about how many problems are caused because people never learned how to share well? Sounds silly, but think about it for a minute. An unwillingness to share easily is often a prime indicator of a selfish heart. And we all know selfishness is the root of many sins.

Not to mention sibling fights, friendship spats and other problems caused by children who don’t know how to share well. As with any character trait, it’s easier to help your child make a character trait God wants them to have a part of their identity if you start when they are young.

There are really quite a few simple and even fun things you can do to encourage even very young children to make sharing a part of who they are – not a rule they are struggling to obey.

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Simple Way to Introduce Kids to Budgeting and Stewardship

Simple Way to Introduce Kids to Budgeting and Stewardship - Parenting Like HannahIt doesn’t take long for kids to understand the concept that money can get them things they want. If Grandpa gives them a couple of dollars, they will usually start begging to head to the dollar store to purchase some new “treasure”.

Unfortunately, kids aren’t born knowing how to be good stewards of the money God gives them. They are usually generous at a young age, but if parents don’t work with them – generosity can quickly turn to greed. If you don’t teach them how to handle money in godly ways, they won’t necessarily learn it by just watching you.

Handling money well is complex even in a secular environment. When you add God’s expectations for helping others and the church with our funds, it can become even more intricate. If you don’t teach your kids from a young age how to budget their money, they may struggle financially for many years. Check the average credit card debt in our country and you can see how bad the problem can get.

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Fun Way to Teach Kids About God, Money and Poverty

Fun Way to Teach Kids About God, Money and Poverty - Parenting Like HannahNothing can get people more animated than beginning a discussion about money. Or poverty. Or God’s views on the two. Yet scripture after scripture talks about how God wants His people to care for the poor. Whatever your personal interpretation, I believe kids benefit from understanding the realities of poverty. The scriptures also make it clear God expects us to be good stewards of the blessings He gives us. The money your kids will be given and earn during their lifetimes is one of those blessings. Teaching stewardship should also begin early.

The average full time worker making minimum wage in the U.S. takes home about $300 a week. Let’s be generous and raise that up to $500 a week. Let’s pretend she’s a single mom with two kids and like 2/3 of single moms, receives no financial help from the children’s dad. You can make the rest of the activity simple or difficult depending upon the age of your kids and how much time and money you have to spend.

Here are some of the things you can do to help your kids “become” this fictional mom to better understand God’s views on stewardship and our responsibility to help others.

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Helping Kids Avoid the Comparison Trap

Helping Kids Avoid the Comparison Trap - Parenting Like HannahI’m pretty sure the tradition goes back for decades – if not centuries. Christmas afternoon, kids suddenly begin communicating with their friends. “Gabby got a new iPhone.” “Tommy got the latest gaming system.” Even the least materialistic kids in the world, begin turning the slightest shade of green with envy. The gifts that were “awesome” a few hours ago, now seem a bit sad by comparison.

Let’s be honest. We’ve probably all been there. Your engagement ring, car or house are perfectly wonderful…until you see one a friend has that’s much newer and nicer. In fact, comparisons can even have you wanting something very badly you had said you would never want only hours earlier.

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