Equipping Your Kids to Handle Money, Part 3
Focus on the Family Parenting Podcast
Focus on the Family
4.4 • 1.1K Ratings
🗓️ 1 January 2019
⏱️ 7 minutes
🧾️ Download transcript
Summary
Teaching children the value of money is important but where to start? John and Danny talk about helping kids to seethe difference between buying something you want and just spending money because you can.
Transcript
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| 0:00.0 | Thank you for downloading the Focus on the Family Parenting Podcast. You can find more helpful advice at |
| 0:06.8 | Focus on the Family.com slash parenting podcast. |
| 0:10.8 | You know I think everyone has a different way of handling chores with their kids. |
| 0:16.0 | Some people might find one way more effective than another, but a lot of us tie it to money, |
| 0:22.0 | chores and money. |
| 0:23.5 | Makes sense, right? |
| 0:24.8 | I'm John Fuller and my co-host is Danny Huerta. |
| 0:27.2 | Today we're going to hear what money expert Dave Ramsey has to say about |
| 0:30.8 | appropriate ways to handle chores with those younger children. |
| 0:35.0 | Here's Jim Daly talking with Dave. |
| 0:37.0 | Now let's get practical to 3 to 5. |
| 0:39.0 | Let's go through some of those ages and stages and things that you recommend. |
| 0:42.9 | So three to five, what are the chores that those kids can be expected to perform generally? |
| 0:49.1 | Most of the time, one thing or two things, maybe a room cleaning. And again, mom and dad are really |
| 0:54.4 | involved in actually doing the work, okay? So it's a pep rally about room |
| 0:58.8 | cleaning. It's not go to your room and clean it, you three-year-old? |
| 1:02.6 | What? |
| 1:03.6 | So you just do it age appropriately, kid-appropriate, |
| 1:05.8 | terrain up a child in the way he should go, in the way he is bent, |
| 1:09.8 | the old King James says, the way he's designed. |
| 1:12.6 | And so you do it differently with different kids, |
| 1:14.4 | but again, something simple, |
... |
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