If you’re going to help your kids learn about money, getting them started is one thing; keeping them going is another. Motivation can wane. That’s what seemed to be happening the other night with one of our kids when he opened up a conversation about investing. Don’t get me wrong. It’s not like the wheels […]
Weekly roundup of recommended personal finance articles from around the web. Married couples who merge finances may be happier, stay together longer (Science Daily). The research is in: “Married couples who have joint bank accounts not only have better relationships, but they fight less over money and feel better about how household finances are handled.” […]
People who don’t use a budget often cringe at the mere mention of the word. They think of a budget as something you go on, like a diet. “We can’t go skiing this winter—we’re on a budget.” They think of a budget as being about less—less freedom less spending, and less fun. But a budget […]
Weekly roundup of recommended personal finance articles from around the web. Giving from the heart really matters (Eternal Perspective Ministries). I love this article. There’s something very inspiring about young kids who develop hearts of compassion and put that compassion into action. Three ways to teach your kids to save money (Kiplinger). Some good examples […]
Whatever you do, work at it with all your heart, as working for the Lord, not for human masters, since you know that you will receive an inheritance from the Lord as a reward. It is the Lord Christ you are serving. – Colossians 3:23-24 I once heard the late Habitat for Humanity ministry founder Millard Fuller tell […]
The topic of allowances can get surprisingly contentious. On one end of the allowance spectrum are parents who don’t believe in the idea. They point out that in life no one is going to just give our kids money; they have to earn it. So they require certain chores of their kids for no pay […]
Weekly roundup of recommended personal finance articles from around the web. Ten scientific studies that will encourage you to own less (Becoming Minimalist). For those who need proof that less is more. Your young adult children ‘may not want the gravy train to stop,’ but don’t let them ruin your retirement (MarketWatch). It may be […]
Wise money management is one of the most important subjects typically not taught in school. And unfortunately, where it is being taught, such efforts have generated mixed results at best. The issue seems to be that classroom teaching is too abstract. There’s too much lecturing and too little letting kids do real things with real […]
This week marks the release of “Trusted: Preparing Your Kids for a Lifetime of God-Honoring Money Management.” I’m so grateful for the opportunity to have written this book and I couldn’t be more excited about the opportunity to encourage and equip parents to help their kids get on a good, God-honoring path with money at […]
Weekly roundup of recommended personal finance articles from around the web. What is the good life? (Randy Alcorn via FaithFi). It’s something quite different than what our consumer culture leads us to believe. The power of adding subtraction to your life (No Sidebar). It’s more difficult to subtract than to add, but so worth it. […]
