Weekly list of curated personal finance articles from around the web. How much happiness can your salary buy? Researchers can’t agree (Wall Street Journal). “Money matters for happiness, but not enormously.” “No-buy pledge” catches on with TikTokers. Here’s what to know and how to start (CBS Money Watch). It’s a great way to become more […]
During a recent podcast interview related to my new book, Trusted: Preparing Your Kids for a Lifetime of God-Honoring Money Management, I completely muffed an answer. The host asked what I would suggest doing about a kid who spends every dollar he receives. I don’t remember what I said, but I know I didn’t give […]
Helping our kids become wise money managers involves more than simply teaching them what to do. If we want the lessons to stick, we have to get their hearts involved. “Guard your heart for it is the wellspring of life.” – Proverbs 4:23 So many of the messages of our consumer culture are aimed squarely […]
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 […]
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 […]
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 […]
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 […]
