Men of Iron Podcast

How to Raise Kids Who Are Smart About Money| EP. 219

“It’s never too early to start teaching your kids about money.” – Scott Davis

Trav and Scott start are back for Week 4 as we continue The Money Series! Today we talk about raising your kids to be money smart. It’s never too early to start teaching your kids about money. There are 4 things you want your kids to know about money – work, give, spend wisely and save. Men, it’s important to not just have these conversations with your kids, but to live it out as well. Your kids are watching, are you being lazy or are you out working hard? Say yes to hard work. If we dont’ teach our kids about money, who is going to teach them? It takes intentionality, teaching your kids to be smart with money won’t happen overnight.

Remember these 4 things you want to teach your kids about money (Credit: Dave Ramsey)

Work – you have to work to get money
Give – teach them to give a 10% tithe and teach them to be generous
Spend wisely – teach them how to spend money on the right things
Save – encourage them to set aside money that is not for spending

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SHOW NOTES:

Trav and Scott start are back for Week 4 as we continue The Money Series
Today we talk about how to raise your kids to be money smart
It’s never too early to start teaching your kids about money
There are 4 things you want your kids to know about money (Credit: Dave Ramsey)
- Work – you have to work to get money
- Give – teach them to give a 10% tithe and teach them to be generous
- Spend wisely – teach them how to spend money on the right things
- Save – encourage them to set aside money that is not for spending
You can never out give God
Our kids are watching us, are we being lazy or are we out working hard
Men, say yes to hard work!
Have those conversations with your kids but live it out as well
Teach your kids to take that money and divide it up evenly in 3 envelopes – spend, give, save
If we don’t teach our kids about money, who is going to teach them?
Men, it takes constant intentionality to teach your kids to be money smart. It wont happen overnight
We would love to help equip you for your spiritual leadership journey, contact us today!
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