“you must commit yourselves wholeheartedly to these commands i am giving you today. repeat them...
TRANSCRIPT
“You must commit yourselves
wholeheartedly to these commands I am
giving you today. Repeat them again and
again to your children. Talk about them
when you are at home and when you are
away on a journey, when you are lying down
and when you are getting up again.”
“You must commit yourselves
wholeheartedly to these commands I am
giving you today. Repeat them again and
again to your children. Talk about them
when you are at home and when you are
away on a journey, when you are lying down
and when you are getting up again.”
Deuteronomy 6:6-7
Deuteronomy 6:6-7
RaisingRaisingRaisingRaising
KidsKidsKidsKids
GenerousGenerousGenerousGenerous
Equipping Parents To Foster Generosity in Their Kids!Equipping Parents To Foster Generosity in Their Kids!
What can you spend your time doing that will matter 50 years
from now?
What can you spend your time doing that will matter 50 years
from now?
RaisingKids
RaisingKids Reality CheckReality Check
Age 18-25 bankruptcies
Kids drive parent’s
spending
Grown kids living with
parents!
Age 18-25 bankruptcies
Kids drive parent’s
spending
Grown kids living with
parents!
Two year olds and name
brands!
Credit cards … college
students
Two year olds and name
brands!
Credit cards … college
students
In 1970 … A majority of college freshmen said their number one
objective was to, “Develop a meaningful philosophy of life.”
Today’s freshmen say, “Becoming well off financially.”
In 1970 … A majority of college freshmen said their number one
objective was to, “Develop a meaningful philosophy of life.”
Today’s freshmen say, “Becoming well off financially.”
RaisingKids
RaisingKids Brief Window of
OpportunityBrief Window of
Opportunity
Friends
Media
Advertising
Cultural Fads
Friends
Media
Advertising
Cultural Fads
“As parents we have … “the first shot”
to model and teach our kids about
money.
“As parents we have … “the first shot”
to model and teach our kids about
money.
If we don’t accept the challenge … the culture will!
If we don’t accept the challenge … the culture will!
RaisingKids
RaisingKids
How Well Are
We Preparing
Our Kids?
How Well Are
We Preparing
Our Kids?
Critical Question …Critical Question …
RaisingKids
RaisingKids Every Parent’s
Challenge …Every Parent’s Challenge …
Model Well
Model Well
Prepare Kids for the Real World
Prepare Kids for the Real World
Fight Materialism Tirelessly
Fight Materialism Tirelessly
Live a Generous Lifestyle
Live a Generous Lifestyle
“The way to train up a child in the way he should go … is to go
there first.”
“The way to train up a child in the way he should go … is to go
there first.” Abraham Lincoln
Abraham Lincoln
Attitudes
“Caught”
Skills
“Taught”
Attitudes
“Caught”
Skills
“Taught”What they pick
up by watching
you
What they pick
up by watching
youWhat they learn
by you teaching
them
What they learn
by you teaching
them
ModelWell
ModelWell Attitudes vs. SkillsAttitudes vs. Skills
Prepare
Kids
Prepare
KidsGood Allowance System
Is KeyGood Allowance System
Is Key Connect work and pay … that’s the
“real world”
Reject “entitlement mentality”
Abundant list of jobs available to earn
money
Keep list on refrigerator with available pay
Connect work and pay … that’s the
“real world”
Reject “entitlement mentality”
Abundant list of jobs available to earn
money
Keep list on refrigerator with available pay When the kids want
money … send them to
the refrigerator … not
your wallet!
When the kids want
money … send them to
the refrigerator … not
your wallet!
Prepare
Kids
Prepare
KidsThree Kinds of WorkThree Kinds of Work
Mandatory
Mandatory
Mandatory
Mandatory
VoluntaryVoluntary
ForNo Pay
ForNo Pay
WithFair Pay
WithFair Pay
WithFair Pay
WithFair Pay
Prepare
Kids
Prepare
KidsThree Kinds of WorkThree Kinds of Work
Viewed as normal part of being in the family Unloading the dishwasher … setting the table … taking out the garbage … keeping room clean … etc.
Normal family responsibilities … but paid fairly Mowing the lawn … Sweeping the garage … Washing car
Optional ways to make money … with fair pay Weeding the garden … painting … washing windows Plentiful number of jobs available at all times
Viewed as normal part of being in the family Unloading the dishwasher … setting the table … taking out the garbage … keeping room clean … etc.
Normal family responsibilities … but paid fairly Mowing the lawn … Sweeping the garage … Washing car
Optional ways to make money … with fair pay Weeding the garden … painting … washing windows Plentiful number of jobs available at all times
Voluntary … With Fair PayVoluntary … With Fair Pay
Mandatory … With Fair PayMandatory … With Fair Pay
Mandatory … For No PayMandatory … For No Pay
Have a well constructed,
written plan
Employment contract
Commit Time
Be Patient and Consistent
Pay Kids on time!
Have a well constructed,
written plan
Employment contract
Commit Time
Be Patient and Consistent
Pay Kids on time!
Prepare
Kids
Prepare
KidsSuccessful AllowanceSuccessful Allowance
When kids are allowed to avoid hard
work … it breeds an “entitlement”
mentality and a “Me-centric”
attitude … which smoothers
generosity
When kids are allowed to avoid hard
work … it breeds an “entitlement”
mentality and a “Me-centric”
attitude … which smoothers
generosity
Prepare
Kids
Prepare
KidsEmbracing Work as
NormalEmbracing Work as
Normal
“Modern prosperity has disconnected
the need to work with the concept of
survival … especially for our kids”
“Modern prosperity has disconnected
the need to work with the concept of
survival … especially for our kids”
Prepare
Kids
Prepare
KidsBiblical Wisdom on
WorkBiblical Wisdom on
Work
“Hard workers will become leaders … but
those who are lazy will become slaves.”
“Hard workers will become leaders … but
those who are lazy will become slaves.” “The lazy will not get
what they want … but those who work hard
will.”
“The lazy will not get what they want … but those who work hard
will.”
“Those who work hard make a profit … those who only talk will be
poor.”
“Those who work hard make a profit … those who only talk will be
poor.”
Proverbs 12:24 …Proverbs 12:24 …
Proverbs 13:4 …Proverbs 13:4 …
Proverbs 14:23 …Proverbs 14:23 …
Prepare
Kids
Prepare
KidsTeaching Money ControlTeaching Money Control
Budget teaches …
“TV Tokens”
Use “Jar” or “Envelope” method
Budget teaches …
“TV Tokens”
Use “Jar” or “Envelope” method
PrioritiesPriorities
Trade-offsTrade-offs
Prepare
Kids
Prepare
Kids Early Budget System Early Budget System
Three JarsThree Jars
20 %20 %
10 %10 %
70 %70 %
GivingGiving SavingSaving
Spending
Spending
Prepare
Kids
Prepare
Kids Later Budget System Later Budget System
EnvelopesEnvelopes
10 %10 %
GivingGiving SavingSaving Spending
Spending
Giving at ChurchGiving at Church
10 %10 %
“God Fund” Giving
(Consider Matching)
“God Fund” Giving
(Consider Matching)
10 %10 %
Short-Term Savings
Short-Term Savings
10 %10 %
Long-Term Savings
(Consider Matching)
Long-Term Savings
(Consider Matching)
Permission to Spend
Permission to Spend
50 %50 %
DiscretionarySpending
DiscretionarySpending
10 %10 %
Gifts for OthersGifts for Others
Some Supervision
Some Supervision
Kid’s have weak immunity to Viral
Materialism!
Confusion between NEEDS and WANTS
Few tools to resist peer pressure
Poor financial literacy … never been
taught
Dangerous “cultural based” view of
NORMAL
Kid’s have weak immunity to Viral
Materialism!
Confusion between NEEDS and WANTS
Few tools to resist peer pressure
Poor financial literacy … never been
taught
Dangerous “cultural based” view of
NORMAL
FightMaterialis
m
FightMaterialis
m A Dangerous Disease A Dangerous Disease
Parents Must Fight This Disease Before It Takes Hold!
Parents Must Fight This Disease Before It Takes Hold!
FightMaterialis
m
FightMaterialis
m Parents Taking A Stand Parents Taking A Stand
Joy in the “tension of limited resources”
When you can’t have it all … you enjoy more!
Don’t rob kids of the thrill of overcoming
scarcity
Over-saturation destroys generosity
Are we buying completed puzzles?
Joy in the “tension of limited resources”
When you can’t have it all … you enjoy more!
Don’t rob kids of the thrill of overcoming
scarcity
Over-saturation destroys generosity
Are we buying completed puzzles?
The Less Kids Have … The More They Appreciate!The Less Kids Have … The More They Appreciate!Appreciation Fosters a Generous Spirit Appreciation Fosters a Generous Spirit
LiveGenerousl
y
LiveGenerousl
y Partnership and
Generosity Partnership and
Generosity
Partner with your kids in living
generously
Live out daily generosity with your
kids … so they can watch and
participate!
Encourage their generous hearts
Serve the under-resourced as a family
Partner with your kids in living
generously
Live out daily generosity with your
kids … so they can watch and
participate!
Encourage their generous hearts
Serve the under-resourced as a family
LiveGenerousl
y
LiveGenerousl
y Partnership and
Generosity Partnership and
Generosity
The Goal Is Grateful & Generous …The Goal Is Grateful & Generous …
Model gratefulness
Talk often of your own thankfulness
Teach giving as a thrill … not an
obligation …
Use Bible stories
Take family mission trips
Forego Christmas presents to help a
needy family
Model gratefulness
Talk often of your own thankfulness
Teach giving as a thrill … not an
obligation …
Use Bible stories
Take family mission trips
Forego Christmas presents to help a
needy familyNot Excited and Competitive!Not Excited and Competitive!
Proverbs 15:27 …
“Greedy people bring
trouble to their families
…”
Proverbs 15:27 …
“Greedy people bring
trouble to their families
…”
Proverbs 16:8 … “It is
better to be poor and
right than wealthy and
dishonest”
Proverbs 16:8 … “It is
better to be poor and
right than wealthy and
dishonest”
“One of the greatest gifts you can
give your child … is to help them
develop an attitude of appreciation
and gratefulness.”
“One of the greatest gifts you can
give your child … is to help them
develop an attitude of appreciation
and gratefulness.”
“Kids who grow up with
appreciation as a core value …
will have deeper relationships, a
healthier attitude about money
and a more generous spirit”
“Kids who grow up with
appreciation as a core value …
will have deeper relationships, a
healthier attitude about money
and a more generous spirit”
RaisingKids
RaisingKids Closing Thoughts Closing Thoughts
Remember … You are the parent!
God holds us responsible to teach and train our kids
Positive impact of saying “NO” wisely
Not making kids happy … but preparing them for life!
Remember … You are the parent!
God holds us responsible to teach and train our kids
Positive impact of saying “NO” wisely
Not making kids happy … but preparing them for life!
If Our Kids Don’t Learn It From Us … If Our Kids Don’t Learn It From Us … Then Who Will They Learn It
From? Then Who Will They Learn It
From?
“To live healthy, God-honoring lives … to learn to make wise “life
decisions” … and to thrive in a harsh financial world!
“To live healthy, God-honoring lives … to learn to make wise “life
decisions” … and to thrive in a harsh financial world!
The Goal The Goal
RaisingKids
RaisingKids If You Do Your Job Well If You Do Your Job Well
You will give them a priceless lifetime gift
…
You will give them a priceless lifetime gift
…
The Life-long Benefits Are Worthy of Our Best Efforts ! The Life-long Benefits Are Worthy of Our Best Efforts !
They will experience less future marital conflict
Their generous spirits will blossom!
They will experience less future marital conflict
Their generous spirits will blossom!
Money SkillsMoney Skills
Wiser DecisionsWiser Decisions
Financial ConfidenceFinancial Confidence