5 - Teach Your Teen to Budget

Allocate Where your Money will Go and Stick with It

In this final part, Chuck culminates all of these lessons with instruction about the future—budgeting our finances. A budget is simply a plan, but we can honor God by planning well, allocating his gifts to us with integrity.

Proverbs 13:22 (NASB)

22A good man leaves an inheritance to his children’s children,

And the wealth of the sinner is stored up for the righteous.

New American Standard Bible, Copyright 1960,1962,1963,1968,1971,1972,1973,1975,1977,1995 by The Lockman Foundation. Used by permission.

Only 20% of Americans live on a budget. Do you live on a budget and are your children aware of it? What example are you setting for your kids?
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Where you surprised how high Chuck set his kid's giving and saving's accounts? Do you think those are good places to set those numbers? What lesson is being taught by allocating this way?
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Chuck's son and his friends remembered the lesson from the cheap meal long after the party. What are some creative things you can do with your kids that will teach lasting practical application concerning budgeting?
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As you think through everything that you have learned in this course, what things are you most excited to teach your kids? What new ideas have you developed that will give them good practice and make a lasting impact?
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As parents, we all want our kids to learn to take care of themselves and find financial security when they leave home. And as Christians, our desire is bigger than that. Financial stewardship is not only commanded in Scripture, but helps our heart's direction for devotion. When we steward wisely, we maintain and live the attitude that everything we have belongs to God.