It’s never too young to get our children to steward their manna well
Is financial literacy an afterthought in your family? Are you one of the parents who simply pray that children will miraculously wise up to managing their finances once they turn 20s?
The unfortunate reality is, most people never wise up to finances even as they age. According to a financial literacy survey, the U.S. adult financial literacy level is at its lowest ever at 57%, which is only slightly higher than that of Botswana. The comforting reality is, financial literacy is not rocket science or as daunting as many people imagined. It is commonsensical and easy to comprehend. What is probably daunting to most is that, it takes some discipline. But here’s the great news to us parents – good money sense is a habit easily instilled by following simple routines. And once instilled, it is a hard habit to break!
Understanding how to manage our money is good stewardship of what is given to us. It is therefore important that we help our children manage and steward their money well.
A Simple Life Hack
Let’s start simple by getting our children to manage their weekly budgets. In this 15 page activity printout, your children will be introduced to the following concepts
- What is stewardship and the importance of stewardship of God’s blessing
- “Pay Myself First” to manage our weekly and monthly budget
- Needs vs Wants
Then let your children get into daily actions and application with the templates provided.
- Prioritising needs over wants
- Planning sheet for monthly budget
- Weekly and Monthly budget recording sheets
- Setting saving goals
- Be a Good Steward Challenge
Tell me and I forget, teach me and I remember, involve me and I learn.
As children go through weekly budget planning, they will be exposed to biblical wisdom of stewardship, and also applying their mathematical calculation, decision making and other important life skills. Highly recommended for elementary school children aged 8 – 13 years old.
For younger kids, download the FREE Saving Jar Labels and get them started with a simple fund management system to get them going!
Promised access to future updates & unlimited print for home use
We are constantly updating and adding new activities to our materials. As a supporter of our materials, you will have access to all updates to this journal and you are allowed to print unlimited copies of this material for your home use.
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