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Focus on the Family Parenting Podcast

Equipping Your Kids to Handle Money, Part 7

Focus on the Family Parenting Podcast

Focus on the Family

Kids & Family, Parenting

4.41.1K Ratings

🗓️ 26 February 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

0:06.8

Focus on the Family.com slash parenting podcast.

0:11.2

In this era of flame throwing, Facebook, and all the social media where I have to unload, I've got a ride,

0:18.4

da da da da.

0:19.4

Restraint is called for.

0:21.6

And restraint is one of those things that we've got to learn as we grow and mature and

0:26.4

we're going to talk about that today. I'm John Fuller along with Danny

0:29.6

Werta. You know self-restraint is actually one of the 40 developmental assets from the Search Institute.

0:36.5

It's one of those great assets that we can build on as we become adults.

0:40.5

Describe the assets because our listeners may not have heard about that. Well the Search Institute

0:44.7

spent a lot of money researching 40 assets external like family support the community support

0:51.7

and those things and then internal your

0:53.1

character self-restraint self-control that contribute to how you behave in certain

0:58.8

situations and can either help you or harm you.

1:02.8

So this is, if I'm not mistaken more of these 40 traits

1:07.1

equals a healthier individual.

1:09.7

Is that correct?

1:10.3

That is a very great assumption.

1:11.7

Now, when this is funny, John.

1:14.0

My son had a great observation about the car that I drove.

1:17.0

I had a 97 Honda Civic that I had since 2003,

1:21.0

and I did notice that a lot of the clients, teen clients I had had much nicer cars than mine.

...

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