Equipping Your Kids to Handle Money, Part 6
Focus on the Family Parenting Podcast
Focus on the Family
4.4 • 1.1K Ratings
🗓️ 31 January 2019
⏱️ 10 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 focus on the family.com |
| 0:08.7 | slash parenting podcast. |
| 0:10.7 | One of my sons when he was a teenager did some yard work and he kind of went around the neighborhood |
| 0:15.8 | and did things for various clients, if you'll call them that. |
| 0:19.3 | And one particular client was very picky and my son ultimately lost the account because he couldn't pay enough attention to the details. |
| 0:28.6 | He didn't weed whack enough. He didn't sweep well enough. |
| 0:31.5 | And the good news is years later later he's really a stickler for |
| 0:35.0 | detail now I think it kind of made an impression on him. How do your kids react |
| 0:40.2 | when they fail? I'm John Fuller my co--host is Danny Huerta and we've been hearing from |
| 0:44.6 | Dave Ramsey about teaching our kids money management and today Dave is going to be talking |
| 0:49.7 | about letting your child learn from failure. |
| 0:53.3 | Here's Jim Daly talking with Dave Ramsey. |
| 0:55.8 | You know Dave, so many people that are in a hole, |
| 0:59.0 | whether it's a financial hole, a marriage hole, |
| 1:01.7 | whatever it might be. |
| 1:03.7 | You look back on those 25 years, look what the Lord has done with you and your family, |
| 1:08.7 | your lives. |
| 1:09.8 | This is amazing. |
| 1:11.6 | God is pretty much an expert at restoring messed up stuff and that was me for |
| 1:17.6 | sure and I love that about your story you weren't born an expert in finances. |
| 1:22.3 | I have a PhD in D-U-M-B, that's what I have. |
| 1:26.4 | No, I've done it all wrong. |
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