“For the love of money is the root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with grief.”
Hi there! Remember the biblical quote whenever you think about teaching money and personal finance lessons to your kids.
There is a specific reason for writing the quote in this article. This quote is often misquoted with the wrong meaning. People think money is evil. It works beyond all types of wrongdoing in our society.
This is a falsified depiction of money. The Bible says money is not evil. Greed, our excess love of money, is evil.
So, is there any way to drive off the money-greed from our society? Of course, there is one way.
Start teaching money and personal finance lessons to your kids from a young age.
The personal finance lesson may help your kids to conquer money-greed from a young age.
So, when can you consider the right age to teach your kids about money?
Experts’ general advice is to start teaching your kid about money when he/she crosses the age of 4. Though, there are differences of opinion among the child-psychologists and financial experts about the right age for children to learn personal finance lessons.
It is safe to say that as a parent and guardian of your children, it is your responsibility to check and notice when your children are ready to learn money and personal finance.
But do not over pressurize your child to learn about money matters.
Slowly, his or her interest in money mechanics, banking systems, etc. will grow after the 4th birthday celebrations are over.
How can you raise interest in money for your kids?
Don’t try to teach your kids about money with books at first. Your children may lose interest in money matters at the initial stage.
Help him or her to learn about money matters playfully. You can teach your children about 3 basics of money lessons at first. Start with helping him or her to learn about Earning, Spending, and Savings.
Use the ‘fun-money-apps for kids’ A. PiggyBot B. FamZoo C. Save! The Game, to help him or her learn about money from a young age.
Take your kids to the financial banks. Children can learn quickly about money matters when they’ll watch how the money is working systematically in a bank with their own eyes.
Can you cite examples from the Bible to teach him or her about money?
Yes! You can tell your kids that the Holy Bible has 2350 verses dealing with money. Tell your children that Almighty God thinks money is important in our society.
Give your children examples that all their toys, clothes, fancy shoes are due to the mercy of God. It is their (the kids) duty to take care of everything that God has given to them.
If you can grow the ‘take care’ conscience within your children from childhood, you can thank the Holy Bible that your effort has become fruitful.
The 3 Jar example to teach him or her money lessons with real Biblical examples
The 3 Jar example is ideal to give your kids a lesson on money. Give your kids 3 jars with ‘Spending’, ‘Saving’, and ‘Giving’ labeled on them.
Give your kids 10 pennies and let them decide where they wish to keep the pennies in these jars.
At first, they’ll make mistakes. Teach them slowly why the importance of savings is more than just spending. But, how can they learn to contribute 1 or 2 pennies to the ‘Giving-labelled jar’ from the ‘Spending-labelled jar’?
- Take your kids to the Church and tell them to donate some money saved in the jar to the needy.
- These real-life teachings are very crucial for developing a sense of finance within them.
- They can learn the importance of money in life without having greed for it.
In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’”
Recite this quote in front of your children. Tell them that when you give money or things to poor or weak people, you get blessings from the Almighty God. You bring a positive change in the life of others. Lord Jesus becomes happy and builds a storehouse for you.
The below-mentioned 10 points are depicted in the Bible, and can guide your kids through the correct lessons on money:
1. Start with basic lessons at first
Start with the basic money lesson first. Teach your kids what money is. How is it earned? Why should you focus more on savings than on spending? Teach these basic money lessons to your kids.
Don’t forget to give examples while you’re teaching him or her about money-basics. Because, at first, without examples, he or she won’t get interested in learning about money.
2. Try to help your children learn money in a funny way
Let’s admit one thing. Money, personal finance, and banking are indeed boring. Even the adults sometimes lose their interest and go the wrong way with money. So, you cannot consider your kids will regard money with great interest!
Better, help them to learn money in a funny way. An attractive container for money-saving purposes may draw their interest in money and personal finance.
You may use ‘funny-money-apps’ as mentioned above.
3. Encourage the children to lead from the front
After some time, when your kids will learn some basic points of finance, you can give them a freehand to learn something new on their own.
For example, you can encourage them to calculate the cash that’s remaining after the grocery shopping and learn how to keep the saved dollar in the piggy bank.
With these techniques, you are teaching your kids how to fight the real world by encouraging them to lead from the front.
4. Check-in in a playful mode whether he or she is learning or not
You should examine the speed of the money-learning aptitude of your kids. You can give them some pennies and tell them to keep it in the ‘Earning’, ‘Spending’, and ‘Saving’ jar.
Check out if your kids can detect these jars accordingly and keep the money to these jars as you’re directing them.
5. Encourage him or her to make charity
Kids get inspiration from the elders. So, you must inspire your children to make charities.
Whenever you give a gift to him or her, any toy or doll, encourage him or her to donate his or her old toy or doll to a needy child.
If you want to be perfect, go, sell your possessions and give to the poor, and you will have treasure in heaven. Then come, follow me.”
Tell this quote every day to your kids.
6. Teach him or her the importance of Savings
Year after year, and generation after generation; Americans are habituated to living with meager savings or no savings at all.
The coronavirus outbreak has taught us this is not the correct way of living a life.
Take a cue from the Bible and teach your children about the importance of savings. Ants save food in advance so that they don’t suffer later. Likewise, we should save money in advance so that we can survive a pandemic or an economic crisis.
Proverbs 6:6-8 Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler,yet it stores its provisions in summer and gathers its food at harvest.
7. Warn him or her about the bad aspects of debt
“The rich rule over the poor, And the borrower becomes the lender’s slave.”
Teach your children about the negative consequences of debt with this Biblical quote. Tell him or her with debt you’re going to become the lender’s slave.
“Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.”
Explain the meaning of the above Biblical quote to your children. They shouldn’t owe money or debt to anyone. They should only owe love and gratitude to others.
Romans 13:7
“Give to everyone what you owe them: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor.”
Teach your kids that they should pay what they owe. If they owe tax, revenue, or debt, they should pay it off. They should also treat everyone with honor and respect. Also, share this quote with your children.
Psalm 37:21 The wicked borrows and does not repay, But the righteous shows mercy and gives.
8. Teach your children to avoid greed
Teach your kids with the first quote of the article about greed. Learning about money and personal finance is good. Too much greed for money is not good.
“Whoever loves money never has enough; whoever loves wealth is never satisfied with their income. This too is meaningless.”
The above-mentioned quote is equally important. The more you love money, the more you’ll want it. Your heart would never be satisfied. You will never feel happy or satiated. So, this is meaningless.|Pass on this message to your kids.
9. Teach your children how to identify a fraudster
Even during the Biblical period, fraudsters existed. It is your duty to help your kid understand how to identify fraudsters and fraud scams.
“The naive believes everything, but the sensible man considers his steps.”
10. Teach your kids to be a good human ultimately
This is the greatest lesson of all. Teach your kid to be a generous man. Because God helps those who help other people.
“He who oppresses the poor to make more for himself or gives to the rich will only come to poverty.”
You can also share this quote from the Bible.
Proverbs 22:9 The generous will themselves be blessed, for they share their food with the poor.
Explain the below-given quote to your kids. Indeed, God bless people who share their food and money with poor people. But, God won’t reward people who announce it with trumpets just to be praised by others. An act of kindness shouldn’t be announced to the whole world. People should help poor people with money and be quiet. God knows everything. He will give the reward at the right time.
Matthew 6:2-5 “So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full. 3 But when you give to the needy, do not let your left hand know what your right hand is doing, 4 so that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.
Teach your children with Biblical quotes to help them understand why it is important to be a good man.
These are the 10 Money lessons from the Bible that you can teach to your children.
May God bless your kids.
Author Bio: Valentina Wilson is a writer turned blogger. She loves to analyze personal financial matters and help others manage their finances in a better way. Traveling is also her passion. She follows more animals on Instagram than humans and her greatest achievement is her blog. She believes that transparency and conversations about money are essential in gaining control of finances.. To connect with her, go to her Facebook and Twitter or visit her blog bestdebtconsolidation.org
Related Posts:
Tiffany
Latest posts by Tiffany (see all)
- The Best Inexpensive Air Dry Clay Recipe For Kids - June 18, 2023
- Canceled at What Cost - March 5, 2021
- How to Start Homeschooling - February 8, 2021
You must be logged in to post a comment.