7 Financial Principles for Kids, #1: We are God's STEWARDS

UncategorizedJared Kennedy1 Comment

As a follow-up to Sojourn's God Gave series, I'll be posting seven financial principles for kids over the next seven days. I'm listing my sources below on this post. Here is the first principle: #1 We are God’s STEWARDS.  God made everything, so He owns everything (1 Chron 29:11).  Everything was made through Jesus and for Him (Col 1:16b). A steward is a person who takes care of another person’s things (1 Cor 4:2).  We are to take care of God’s things that he gives us.  Jesus is the example steward (Heb 3:5-6).

  • Your children are God’s stewardship to you as a parent.  Spend time with them rather than just spending money on them.  Cancel work for them.  Don’t miss the brief opportunity to shape them for eternity.  Find teachable moments along life’s road (Deut 6:6-9).
  • Walk around your home as a family.  Look for things that God owns. Take turns creating sentences that affirm His ownership; such as, “God owns this book.”  Discuss how each member of the family can be a faithful steward by taking good care of God’s things in your home.
  • Allow your children to help with planning family meals and managing the grocery budget.  It is good for them to see what they may need to sacrifice in order to purchase an extra treat.
  • The first step in learning to handle money is to know how much money you get and how much you spend.  Help your kids write down how much they receive and spend each week.

Resources: Financial Peace, Jr. curriculum and the Junior’s Adventures children’s books by Dave Ramsey (Lampo Press); The ABCs of Handling Money God’s Way and The Secret of Handling Money God’s Way by Howard and Bev Dayton (Moody Press/Crown Financial Resources); “Training Your Children to Manage Money” by Randy Alcorn in New Man Magazine (Nov/Dec, 1995).  “Teaching Kids to Be Gracious Receivers,”