Children, Parents, Training

18 Ways to Train Children and Teens to be Financially Responsible

images-31Ever wonder why some people have strong financial skills and others missed that class? For the most part, it’s in the parental training or lack thereof. Some young people never experienced financial training or a good example of responsible stewardship while growing up and others had to discover for themselves the hard way, through loss. There is a better way, however. Take the financial lessons you have learned and use them as a teaching tool to those little ones in your life, either as a parent, a grandparent or a caretaker. Their future teachers and employers will love you for it. Author and financial teacher Larry Burkett once said that we are not responsible for our children’s decisions, but we are responsible for their training. Here are some “training” insights to consider when it comes to handling money:images-30

  1. It all begins and hinges on helping them to understand that God owns it all. We are to be the best stewards of everything He shares with us.
  2. Be generous and teach generosity. There is no greater blessing than to give.
  3. Teach the difference between self-discipline, delayed gratification, and immediate self-gratification along with the direct consequences of each one.
  4. Be an example of all things in moderation vs. excess.

images-275. Give your children regular and meaningful responsibilities – jobs without pay, e.g., picking up their toys.

6. Do not give an unearned, free ride allowance, but rather give your children regular jobs with generous pay, e.g., mowing the lawn or folding the cloths.

7. Teach your children to tithe from every dollar earned or given to them. It is all God’s but discipline in regular giving grows a  habit.images-35

8. Teach your children to save a percentage of their income for the future (30-50%), all the while designating a percentage of what can be spent immediately.

9. Teach the difference between an asset and a liability – a consumable.

10. Train your children to follow through. They must learn to complete the job in the way requested or there is no reward.

11.Help them to understand the concept of investing and how that will help them beyond today into the future.

12.Develop a budget with your child as soon as they can comprehend the idea. It will serve them the remainder of their life.images-34

13. Start a savings account and when age appropriate, obtain a checking account and an ATM card. Teach them how to responsibly use and balance them.

14. Train them in the proper use of credit and how the borrower is servant to the lender.

15. Share with them the difference between paying interest and growing interest on their money/investment.

16. Share with your children your financial mistakes and how they can learn and benefit from them.

17. As is appropriate, walk them through all other financial concepts like loans, taxes, utilities, owning a home, maintenance, buying a car, auto repairs, insurance, etc.

18. And finally, take the time to teach your children what God takes the time to teach you about money and His resources. They’re never too young to learn.

Standard
Children, Encouragement, Parents

On Being a Father

IMG_1128Now that I am a grandfather (Papaw is the name my grandson has bestowed upon me), it is easier to recall the decades of raising two sons and a daughter. I loved fathering, almost everything about it. I say ‘almost’ because there were those times of confusion, disorientation and exhaustion. But I would not trade one single day because I chose to love every age period my children went through, even the ‘terrific two’s’ and the teen years of learning through natural resistance.

Everyday was a gift from God to hold them, tuck them in at night, pray over their “bad” dreams, kiss them and listen to their pure hearts. Even during pregnancy, I would talk to my children almost every night. Mary and I would lie in bed and I would read them stories from the story books we were collecting. We sang songs to them and we prayed over them. We prayed perfect health and development, joy and acceptance into our family. With our second and third child, we introduced them to their siblings and together we would speak words of anticipation, waiting upon their birth (Psalm 139:13-16).

From conception we wanted our children to know they were accepted, approved of and loved unconditionally. We wanted them to know this was their time to be fashioned and formed to reflect the image of their heavenly Father who was the One bringing them into existence (Acts 17: 24-26). It was He who chose to place them into our lives to be their parents. We knew they were created before the foundation of the earth and we knew our time with them was only for a season (Jeremiah 1:5; Ephesians 1: 4-5). They were never a mistake or an afterthought. They were always wanted, never rejected. Did we have perfect children? No. Were we perfect parents? No, never.

As a father of adult children now, may I pass some advice on to you?images-6

 

  • Enjoy and embrace everyday; you’ll never get it back.
  • Value your children in every way you can. Show them honor and respect.
  • Do not speak down to them.
  • Do not make fun of them or compare them to others; always be the encourager, all the while, speaking truth.
  • Teach them; impart to them everything you can. Remember that every moment is a teachable moment. Mentor them in how to work, how to care for possessions, how to handle finances and, mostly, how to give.
  • Read to them. Play with them. Date them.
  • Never speak words of power over them, but rather empower them to make right decisions.
  • Don’t try to be their friend; be their parent and discipline them.
  • Create healthy boundaries for them and enforce those boundaries.
  • Turn the TV and the computer games off and have family time regularly.
  • They do not need a lot of stuff, things or possessions, but, rather, teach them to explore and discover, to use their imagination and creativity. (The #1 favorite toy of children around the world is a stick and #2, a box.)
  • Share in a family devotional time that relates to them, not you.
  • Discover their natural gifts and celebrate their personality traits and then provide the necessary reinforcement.
  • Teach them to love and obey God, to pray and place Him first in their lives.images-5
  • Pray for and with them daily. Take the lead in apologizing when necessary.

And lastly, always reinforce to them there is nothing that will ever change the fact that they are your son or daughter and that no matter what they do or say, you are committed to them and will forever love them.

Standard
Children, Marriage, Parents, Prayer

Growing in Values and Co-vision as a Couple

images-15Mary and I were in our first year of marriage and I don’t think either of us had a huge burden for un-churched or underprivileged children. One day our pastor asked if we would like to start a bus ministry. Once he defined it for us and we received training, we were sold as to its value. Reaching a child had the potential of changing a life forever, not to mention touching a family.

After filling several buses with some amazing but wild city kids, we fell in love with the whole ministry. Their needs were huge but they were being touched through an excellent children’s program coupled with our love as we also visited them every Saturday morning. It didn’t take long until we figured out how valuable children are to our heavenly Father, and from the vision of another, our hearts were hooked. We went on to eight years of missionary work with adjudicated delinquent teenage males and then several years of social work in foster care. As our heart grew, we found ourselves developing a deep value for reaching children, teens and their families.images-13

How about you, have you discovered your heart being enlarged by the Lord for some form of ministry only to have it become a deep value for you as a couple? If not, ask Him to show you His co-vision for the two of you.

Standard
Children, Encouragement

Are You Raising Your Children or are Your Children Raising You?

images-4Having children to raise, to train and to love is a privilege. Personally, I loved being a parent and still do even though my children are now grown and happily married. But if you’re serious about parenting, you realize at times it is beyond you or more than you think you can handle. At those times, I often wondered if I was raising my children or were my children raising me? Having the responsibility of children is stretching, maturing, tiring and quite often exasperating. My children could bring the best out of me… or the worst. I also discovered that children could help hold you accountable as a parent. What do I mean?

  •  Are you teaching your children to resolve conflict in a healthy way with one another, but then you and your spouse regularly experience out of control fights without resolve?                             images-3
  • Do you desire your children to love reading and learning? Are you reading to them? Are you a reader?
  • Are you training your children to pray? Do they see you having a personal prayer life? Can they catch you and your spouse praying together?
  • Do you want them to love God’s word? Do they see you reading it, hear you quoting it and then relating the stories from the Bible to them in practical ways.
  • Are you committed as a family to serve together and support your local church? Do you desire your children to love your local church?  Are you enjoying roasted preacher Sunday at the lunch table?
  • Are you teaching your children to value giving to those in need? When is the last time you took them to the homeless shelter in your local community to serve?

The very presence of our children will hold us accountable to actually live that which we are speaking to them. That’s a good thing.

Standard
Children, Encouragement

Our Children and Television

images-2I can still remember our first TV as a kid. It was a black and white RCA in a simple wood cabinet. It took a few minutes for the tubes to warm up before viewing. I recall shows like The Three Stooges and I Love Lucy. Bonanza was on Sunday evenings and our family knew that most likely our neighbors, chicken farmers, would show up for a “visit” just as it was about to come on. Leave It To Beaver and Dennis The Menace were full of fun and mischief. There was a talking horse, Mr. Ed. It was a time when most any show being broadcasted could be watched by any age group. There was an air of innocence, as a family, watching and laughing on the grey, itchy and uncomfortable couch. Hollywood hadn’t yet figured out how it could mold and shape the minds of America with its rolling images. There were no studies released on the harmful effects upon children or culture by viewing too much TV versus completing homework assignments or reading a book. In my house, the television came on only in the evening and you could partake if you had successfully proven your chores and your homework were finished.

imagesIn the book, Amusing Ourselves to Death, author Neil Postman writes, “It is a wise and particularly relevant presupposition that the media of communication available to a culture are a dominant influence on the formation of the culture’s intellect and social preoccupations.” He makes the argument that the more we as a society move away from the written word, study and memorization, the more illiterate we become by consuming nothing but entertainment through the medium of television. He shares that this medium of communication does not require any form of thinking and in the end television programing becomes the cultures principle way of knowing about itself.  (Written in 1985, I wonder what the author might say about the internet today?)

Current statistics tell us that children spend more time with the television than they spend in school. This certainly wasn’t true when my wife and I were raising our children and I hope it’s not true for your home. Turn it off, play a game, read a book, put a puzzle together, help your children learn something new by telling stories and interacting with them. You will never regret it.images-6

Standard
Children, Encouragement

Dating Your Children

Yes, you read that title correctly. Taking your children out on a date is extremely special for the two of you. It communicates so many positive messages to them. Those messages can include revealing your heart for your child and that one on one time with them is a priority to you, as well as, the fact that you desire to hear their heart. I loved those times and would often ask my children how I am doing as a dad and as a husband, am I home enough or at work too much? I would ask them about school and about their relationships. I loved the question, “What’s the best thing about life right now for you?” And of course, I would ask about the most challenging things in life too. While they would respond differently according to their personality, they were assured of my love and approval of them keeping communication channels open and honest.

imagesI can still remember my first date with my daughter. We went to a local restaurant for breakfast.  She was a bit young and found it difficult to sit in one place on the huge, vinyl, blue booth seat. She kept dropping her silverware on the floor and was under the table as much as she was on her seat. But, I forged ahead and asked her those daddy and husband questions. Her answer? “Daddy, these questions are stupid.” Right, note to self, be age appropriate. An unexpected and unplanned side benefit was that dating my children helped them to understand why I would desire to take their mother on dates. They understood.

Take a moment to watch this video and catch a vision for dating your children.

Standard
Children, Training

Our Children and Money

imagesAs parents we are responsible for our children’s view, value, use and relationship with money. How we use our finances, whether or not we use a budget, if we maintain a balance on our monthly credit card statements, how liberally we share with others and our tithing practices are all acts of training our children in finances. Exercising financial restraint versus instant gratification is also valuable child rearing. Financial stewardship and how we recognize God’s ownership of our money speaks volumes to our children who are watching us make transactions on a daily basis. How we handle our money, it is said, is an outside indicator of an inside spiritual condition.  Below are some ways in which we trained our children to handle and how to value money.

  •  First and foremost, gaining money is not the total goal, but rather being the best steward possible of what we do receive and/or earn is.
  • Teach your children to tithe off of their income/gifts and also to share with those in need. Coupled with this is the realization that it is all God’s, 100%.
  • Teach them to save for something they desire and not to borrow for it (delayed gratification). They will appreciate it a whole lot more and they will take better care of the item.
  • Teach them to invest for the future. Our sons saved for their first car in which they paid cash.
  • Teach your children the value of work and that they earn an allowance, it is not handed to them. Our children had an hour or so of “work time” every summer day and many Saturdays, along with daily chores. Our kids really learned to appreciate this work ethic in their first year of college.
  • Teach your children a certain standard of work. It must be acceptable in order to earn their allowance or pay. Our children still talk about this around our table today.
  • Be clear about your financial boundaries and do not give in to what every other parent is doing. Financial value boundaries will protect your children.
  • Use a formula similar to the following: 10% tithe; 50% savings; 10% rainy day fund and 30% spending money.
  • Older children can pay room and board (those who are working and out of school); be taught to use an ATM appropriately; learn to make and live by a budget; learn to write checks and use a credit card appropriately by paying off the monthly balance in full.
  • Teach your children about investments, savings, ownership of a home, home maintenance, assets verses liabilities, car payments, proper vehicle maintenance and insurance costs.
  • Here is a huge one, allow your children to fail and make mistakes financially while they live at home and then incorporate that mistake as a learning tool. Better now than when they no longer live with you.
  • Teach your children the many Proverbs and scriptural principles found in the Bible that deal with money.  For example: …”the borrower is servant to the lender.” Proverbs 22:7

If you will do this, your children will return to thank you, earn their own way as responsible and productive adults and not look for ongoing entitlement, gifts and handouts from their parents and others.images-2

Standard
Children

Five Grievous Ways to Parent

Parenting is one of the toughest and most unappreciated jobs on the face of the earth. It can also be the most rewarding. There are, however, methods of parenting that will grieve a child. Here are just five that I have personally observed.images-2

1. Constantly saying “no” to your child because in saying “yes” you have to do something you don’t want to do. Lazy parents use the word “no” more often than they use the word, “yes.” Why? It’s too inconvenient to stop what they are doing and give their child time and attention. When you don’t want to take the time to play a game your child is politely asking you to play, then your adult world is just too important. You, Mr. or Mrs. Parent, are missing your child’s childhood. Charles Swindol once said that if he could change anything in raising his family it would have been to say “yes” more often to his children.

2. Making excuses for unacceptable behavior in your child. “He missed his nap.” “If the other child would not have…my child would not have…” Excuses will come back to haunt you. One day your child will be making them just like you are and you will be dumbfounded as to why. Stop making excuses and start taking the time to train your child. Yes, I know it’s inconvenient, but his or her future attitude is dependent upon it.

3. Thinking that more gifts and more stuff is what your child needs. Your child needs fewer things. Children in America are inundated with toys and technology. Around the world I often observe children playing with sticks (the number one toy of all time), a “discarded” tire, a totally worn out soccer ball or even a two liter plastic bottle. They are outside getting exercise and using their imaginations. These kids often appreciate what they do have more than the children who have it all. Truly, sometimes less is more.

4. Thinking that quality time makes up for quantity time. Your children need you. They need your presence, your laughter, your instruction, your reading to them, your story telling and your correction. It all takes time. It is not the babysitter’s job, the school’s job or the church’s job – it is your job. You took the time to bring this child into the world, now give the time he or she needs from you to raise them, to hug them, to love them and to look them in the eye and tell them how special, wanted and affirmed they are. Of course it’s inconvenient to have a “helper,” but making your home a haven of acceptance rather than a pit of rejection will make life-long and amazing memories.

5. Yelling at your child rather than getting up, going to them and speaking face to face. This is another lazy parenting tactic. Lethargic and idle parents stay in one place and scream commands expecting their child to come running. Really, did you enjoy that as a child? Is your child not worth more of your personal attention than your household pet? Parents who do more yelling than speaking respectfully will one day be on the other end of the screams. Trust me, having been a child welfare social worker it is inevitable. A calm spirit, full of heart and compassion will sow seeds of life into your child. The end result will be that they will know your love, acceptance and approval because you honor them for who they are – your flesh and your blood.

Standard
Children, Encouragement

Building a Wall for Your Daughter

IMG_0357Recently my daughter sent me an email in which she proceeded to thank me for “building a wall and not a door” in her life. The reference was out of Song Of Songs 8: 8,9. The young girl who is a door does not know who she is, her worth, or her value, she lacks faith, depth, astuteness and wisdom. But, the tower of self-worth, self-confidence, self-respect, strength of character, integrity, honesty and humility protect the daughter who is like a wall. She knows whose she is and she knows her father’s love, acceptance and approval. She has value from godly training through her family and good judgment of the opposite sex.

She knows that she is “a catch,” a reward, gifted, intelligent and beautiful. Her strength is her confidence in her Savior and she need not take a second look at any unsuitable suitor. Neither does any young godly man intimidate her so she doesn’t need to dumb herself down in order to be led spiritually. In fact, she does not need to do or be anyone else other than who she has been created to be. She knows that she changes for only One, her Lord. Her father will not need to intimidate the young man who comes calling because she will have chosen wisely as her own dignity does the job. Frequently tell her she is beautiful, a gift from God, loved just as she is and continue to build the wall of Christ in her life. Neither she nor you will ever regret it and one day a young man of God will express appreciation too.1403706_604500141201_2141456521_o

Standard
Children, Encouragement

The Number One Inhibitor of Children

imagesKeeping with the theme of raising children, natural or spiritual, what do you think is the number one inhibitor of growth in a child’s life? What do you think is the number one killer of creativity? What do you think is the number one limitation placed on vision, hope and dreams? The answer, I’ve been told, is critical judgment. Imagine a parent consistently providing negative judgment and criticism toward a child especially after the child feels he or she has done their best. When wrong or harsh judgment is cast upon another human being, that person begins to suffer a creativity and an identity crisis. Teachers can identify those children who continually suffer from words of critical judgment with their heads bowed down and their insatiable need for encouragement.

Adults who have suffered from ongoing critical judgment lose creativity and pursue acceptance in every means possible. The life is often sucked out of them and they will gravitate toward any form of attention, especially the negative. They align themselves with lie-filled thoughts based upon what has been spoken over them. They believe these thoughts and grow up only to pass critical judgment upon themselves, continuing to reinforce everything negative. The Bible is clear that we are to judge sin and not one another (Romans 14:13; James 4:11,12) As parents ask the Lord to help you see the positive, to operate out of a spirit of praise and encouragement and to heap words of life upon your children. God knows they hear enough of the negative throughout their day from the world around them.images-2

Standard