We want to help you prepare your teen for their future, financial independence—from you!

In This Episode, We Look At:

The Starting Point: Your influence

Some of you are thinking, “We’re doomed!” The most impactful action you can take to help your teens is to set the best example .

Not only are they watching you; they are listening to you.

Include Them in Family Finances

Include them when you review or write the family budget and when you shop or pay bills.

Teach Them the Value of Money.

Talk about how various work efforts demand higher compensation, but that in all labor there is profit. Proverbs 14:23

Teach them the importance of learning a skill or trade.

Help Them to Live Within Their Means

Explain the Credit Industry

Credit card companies are after their own benefit and their offers are designed to cause failure and indebtedness.

While credit cards provide easy access to what teens want, there are over-limit fees which lead to much higher interest rates and late fees which quickly add up.

Today’s Resources and Links:

Money Matters for Teens, Larry Burkett

The Richest Man in Babylon, by George Clason

The Wealthy Barber, by David Chilton

One Thing You Can Do Today to Improve Your Faith and Finances:

Make the decision to talk openly and objectively with your teens about money. Involve them in household finances as often as you feel is appropriate.

What Are Your Thoughts?

If you have a question or comment about today’s topic, we invite you to share your thoughts.

Share This