But money is not one of them. As godly parents, we make sure our kids get lots of Sunday school, church, summer camp and even private school. We enroll them in sports and expose them to music and computers. We dole out wads of cash to make them good drivers. Judging from the heart-wrenching letters I'm receiving from young couples and single parents I can tell you, it's not happening.
Financial awareness shapes responsible kids.
Teaching kids about money allows them to experience real-life situations and make real decisions and mistakes while within the safety net of their parents' care. The debt-proofing process will make the adolescent years so much happier around your house. That's because the process builds a child's confidence, ability to problem-solve and makes basic mathematic skills more practical. It teaches values like honesty, responsibility, generosity and hard work. This process of debt-proofing is gratifying for the parent because the results are measurable and tangible.