Teaching your kids about money can be a tough subject to broach.
The first three things you need to know in order to teach your kids about money can be summed up in terms of the following three biblical principles:
- God owns it all. He is the Owner; we are only His stewards. As stewards, we have no rights – only responsibilities.
- We are in a growth process. Our time on earth is temporary and is to be used for our Lord. Money and material possessions are just one aspect of a bigger picture. How do we handle the property God has entrusted to us?