Financial Literacy for Kids:
Budgeting, Banking, and Balancing

For many of us, one of the reasons we love home education is that it allows us to teach some life skills that are overlooked in public schools. Financial literacy is not just practical; it is also Biblical. There are countless verses in the Bible speaking to money. It is wise of us to teach our children to be good stewards of their money, which in turn will help them be content with what they have. Make financial literacy into a course or utilize real life instruction, but don't neglect this important life training.

"Biblical Financial Literacy: An Introduction" is written by Tom Lipp, a professional who has dedicated much of his adult life to educating others on finances. This multiple part series will offer useful tips for our kids but also for adults! We all could stand to learn something from this series. You will find 4 practical conversations you can have with your children regarding money in "Courses and Lessons on Money Management for Kids." If this all feels too overwhelming for you to teach on your own, you'll find some suggested courses offered by SchoolhouseTeachers.com. As you'll see in "Teaching Young Kids to Manage Money," it is never too early to start teaching your little ones about money and finances. Get some great tips on how to have natural conversations and teachable moments with the littlest members of your family. A child who grows up knowing responsible and Biblical money practices will have a better chance of making wise choices in their adult life.

Be sure to scroll down to see all the helpful content on financial literacy training for your whole family and don't miss the More For You section that has additional resources to gain more insight on this theme.

 

 

In just three years, the greatest teacher of all time impacted the world more than anyone else. How was that possible? Jesus Christ was both human and divine. What did He say about financial literacy? A lot! He taught about money matters more than heaven and hell combined. Many of His parables were filled with financial overtones. 

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You take the kids shopping with you and you’re pushing your cart along the aisle and then it happens. “Mom, can we have this?” They’ve most likely picked up an unnecessary item and one that isn’t on sale, and you have to say “No.”

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“Money does not grow on trees.” My mom never actually used this statement on us kids as my siblings and I are naturally frugal. The only time I had that jealous feeling from being given hand-me-downs was when I was a high school freshman. Since my older sister was, well, the oldest, my brother and I always got her secondhand school books.

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