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How Can I Equip My Kids to Handle Money Better Than I Did? · Becoming Financially Confident

• 0:37
  I'm
• 0:37
  going
• 0:37
  to
• 0:38
  start
• 0:38
  with
• 0:38
  a
• 0:38
  real
• 0:38
  basic
• 0:39
  and
• 0:39
  strong
• 0:40
  question
• 0:40
  today.
• 0:41
  Do
• 0:41
  you
• 0:41
  want
• 0:41
  your
• 0:41
  kids
• 0:42
  to
• 0:42
  avoid
• 0:42
  the
• 0:42
  money
• 0:43
  mistakes
• 0:43
  that
• 0:43
  you've
• 0:43
  made?
• 0:44
  Really
• 0:44
  starts
• 0:45
  there.
• 0:45
  You
• 0:45
  want
• 0:45
  them
• 0:45
  to
• 0:46
  avoid
• 0:46
  that
• 0:46
  cycle
• 0:46
  of
• 0:47
  financial
• 0:47
  shame
• 0:48
  and
• 0:48
  those
• 0:48
  mistakes
• 0:49
  that
• 0:49
  you've
• 0:49
  made.
• 0:50
  See,
• 0:50
  teaching
• 0:51
  financial
• 0:51
  wisdom
• 0:51
  can
• 0:52
  start
• 0:52
  earlier
• 0:52
  and
• 0:53
  simpler
• 0:53
  than
• 0:53
  you
• 0:53
  think.
• 0:54
  So
• 0:54
  stick
• 0:54
  with
• 0:54
  me
• 0:54
  today
• 0:55
  and
• 0:55
  let's
• 0:55
  build
• 0:56
  financial
• 0:56
  confidence
• 0:57
  from
• 0:57
  a
• 0:57
  young
• 0:58
  age.
• 0:58
  That's
• 0:58
  what
• 0:58
  we're
• 0:58
  going
• 0:59
  to
• 0:59
  cover
• 0:59
  on
• 0:59
  today's
• 1:00
  show.
• 1:00
  This
• 1:01
  is
• 1:01
  Financially
• 1:01
  Confident
• 1:02
  Christian,
• 1:03
  your
• 1:03
  daily
• 1:03
  dose
• 1:04
  of
• 1:04
  gospel,
• 1:04
  grounded
• 1:05
  insight
• 1:05
  and
• 1:05
  faith
• 1:06
  driven
• 1:06
  tips
• 1:06
  to
• 1:07
  help
• 1:07
  you
• 1:07
  break
• 1:07
  the
• 1:07
  cycle
• 1:08
  of
• 1:08
  financial
• 1:08
  shame
• 1:09
  with
• 1:09
  confidence.
• 1:12
  Hey
• 1:12
  there
• 1:13
  and
• 1:13
  welcome
• 1:13
  back
• 1:13
  to
• 1:14
  Financially
• 1:14
  Confident
• 1:15
  Christian.
• 1:15
  I'm
• 1:15
  Ralph
• 1:16
  and
• 1:16
  we're
• 1:16
  in
• 1:16
  our
• 1:16
  series
• 1:17
  Smart
• 1:17
  Money
• 1:18
  for
• 1:18
  Back
• 1:18
  to
• 1:18
  School
• 1:18
  and
• 1:19
  beyond.
• 1:19
  Now
• 1:20
  if
• 1:20
  you
• 1:20
  missed
• 1:20
  yesterday's
• 1:21
  show,
• 1:21
  we
• 1:21
  talked
• 1:21
  about
• 1:22
  managing
• 1:22
  those
• 1:22
  extracurricular
• 1:23
  costs
• 1:24
  with
• 1:24
  peace.
• 1:24
  I,
• 1:24
  I
• 1:25
  gave
• 1:25
  you
• 1:25
  some
• 1:25
  real
• 1:26
  good
• 1:26
  ways
• 1:26
  to
• 1:26
  manage
• 1:27
  that.
• 1:27
  If
• 1:27
  you
• 1:27
  missed
• 1:28
  it,
• 1:28
  go
• 1:28
  check
• 1:28
  it
• 1:28
  out.
• 1:28
  You
• 1:28
  can
• 1:29
  learn
• 1:29
  all
• 1:29
  about
• 1:29
  Ralph
• 1:30
  and
• 1:30
  the
• 1:30
  tuba.
• 1:31
  Now,
• 1:31
  today
• 1:31
  we're
• 1:32
  going
• 1:32
  to
• 1:32
  talk
• 1:32
  about
• 1:32
  how
• 1:32
  to
• 1:33
  teach
• 1:33
  your
• 1:33
  kids
• 1:33
  about
• 1:34
  money
• 1:34
  both
• 1:34
  practically
• 1:35
  faithfully
• 1:36
  and
• 1:36
  early.
• 1:36
  And
• 1:37
  those
• 1:37
  are
• 1:37
  really
• 1:37
  the
• 1:37
  three
• 1:38
  main
• 1:38
  components
• 1:39
  to
• 1:39
  this.
• 1:39
  I
• 1:39
  want
• 1:39
  to
• 1:40
  teach
• 1:40
  you
• 1:40
  how
• 1:40
  to
• 1:40
  do
• 1:40
  it.
• 1:40
  Pract
• 1:41
  faithfully
• 1:42
  and
• 1:42
  early.
• 1:43
  You
• 1:44
  want
• 1:44
  your
• 1:44
  kids
• 1:44
  to
• 1:44
  be
• 1:45
  wise,
• 1:45
  don't
• 1:45
  you?
• 1:46
  But
• 1:47
  sometimes
• 1:47
  you
• 1:47
  think,
• 1:47
  I
• 1:47
  don't
• 1:47
  know
• 1:48
  where
• 1:48
  to
• 1:48
  start,
• 1:48
  Ralph.
• 1:49
  And
• 1:49
  you
• 1:50
  have
• 1:50
  this
• 1:50
  fear.
• 1:50
  You
• 1:50
  think
• 1:51
  it's
• 1:51
  going
• 1:51
  to
• 1:51
  be
• 1:51
  an
• 1:51
  awkward
• 1:52
  conversation
• 1:53
  and
• 1:54
  then
• 1:54
  you
• 1:54
  start
• 1:54
  thinking,
• 1:54
  hey,
• 1:55
  what
• 1:55
  if
• 1:55
  they
• 1:55
  make
• 1:55
  the
• 1:55
  same
• 1:56
  mistakes
• 1:56
  I
• 1:56
  made
• 1:58
  and
• 1:58
  that
• 1:58
  starts
• 1:58
  to
• 1:58
  put
• 1:59
  this
• 1:59
  burden
• 1:59
  on
• 1:59
  you.
• 1:59
  Start
• 2:00
  to
• 2:00
  think,
• 2:00
  how
• 2:00
  do
• 2:01
  I
• 2:01
  prepare
• 2:01
  them?
• 2:02
  You
• 2:03
  start
• 2:03
  to
• 2:03
  think
• 2:03
  to
• 2:03
  yourself,
• 2:04
  what
• 2:04
  if
• 2:04
  I
• 2:04
  fail
• 2:04
  to
• 2:04
  teach
• 2:05
  them
• 2:05
  the
• 2:05
  right
• 2:05
  things?
• 2:07
  And
• 2:07
  I'm
• 2:07
  going
• 2:07
  to
• 2:07
  take
• 2:07
  a
• 2:08
  little
• 2:08
  sidetrack
• 2:08
  now.
• 2:08
  I'm
• 2:08
  going
• 2:09
  to
• 2:09
  go
• 2:09
  on
• 2:09
  a
• 2:09
  Ralph
• 2:09
  Rain.
• 2:09
  I
• 2:10
  haven't
• 2:10
  done
• 2:10
  one
• 2:10
  of
• 2:10
  those
• 2:10
  for
• 2:10
  a
• 2:11
  week
• 2:11
  or
• 2:11
  two.
• 2:12
  But
• 2:12
  this
• 2:12
  is
• 2:12
  Ralph's
• 2:13
  personal
• 2:13
  view.
• 2:13
  This
• 2:14
  is
• 2:14
  my
• 2:14
  personal
• 2:14
  view.
• 2:15
  I
• 2:15
  honestly
• 2:16
  think
• 2:16
  we
• 2:16
  do
• 2:16
  a
• 2:17
  very
• 2:17
  poor
• 2:17
  job
• 2:17
  of
• 2:18
  teaching
• 2:18
  youth
• 2:19
  good
• 2:19
  money
• 2:19
  skills
• 2:20
  in
• 2:20
  this
• 2:20
  country.
• 2:21
  I
• 2:21
  just
• 2:21
  think
• 2:21
  we
• 2:22
  do
• 2:22
  a
• 2:22
  bad
• 2:22
  job
• 2:22
  of
• 2:22
  it.
• 2:23
  We
• 2:23
  wonder
• 2:23
  why
• 2:24
  our
• 2:24
  kids
• 2:24
  struggle,
• 2:25
  wonder
• 2:26
  why
• 2:26
  our
• 2:26
  kids
• 2:27
  are
• 2:27
  dealing
• 2:27
  with
• 2:27
  these
• 2:28
  things
• 2:28
  when
• 2:28
  they
• 2:28
  become
• 2:28
  teenagers
• 2:29
  and
• 2:29
  young
• 2:29
  adults
• 2:30
  and
• 2:30
  in
• 2:30
  their
• 2:30
  20s,
• 2:31
  why
• 2:31
  they
• 2:31
  struggle
• 2:31
  with
• 2:32
  money.
• 2:33
  And
• 2:33
  I
• 2:33
  truly
• 2:34
  believe
• 2:34
  this
• 2:34
  is
• 2:34
  something
• 2:34
  we
• 2:35
  need
• 2:35
  to
• 2:35
  teach
• 2:35
  in
• 2:36
  school.
• 2:36
  And
• 2:36
  unfortunately,
• 2:37
  here's
• 2:38
  another
• 2:38
  problem.
• 2:38
  We
• 2:39
  don't
• 2:39
  always
• 2:39
  set
• 2:39
  a
• 2:40
  great
• 2:40
  example.
• 2:41
  I've
• 2:42
  heard
• 2:42
  this
• 2:42
  said
• 2:42
  many
• 2:43
  times,
• 2:43
  kids
• 2:43
  are
• 2:43
  sponges
• 2:45
  and
• 2:45
  they
• 2:46
  live
• 2:46
  what
• 2:46
  they
• 2:46
  learn.
• 2:48
  So
• 2:49
  have
• 2:49
  you
• 2:49
  set
• 2:49
  a
• 2:49
  good
• 2:49
  example
• 2:50
  for
• 2:50
  your
• 2:50
  kids?
• 2:52
  You
• 2:52
  might
• 2:52
  be
• 2:52
  sad
• 2:52
  right
• 2:53
  now
• 2:53
  because,
• 2:53
  listen,
• 2:53
  I've
• 2:53
  made
• 2:54
  the
• 2:54
  mistakes
• 2:54
  myself.
• 2:55
  I'm
• 2:55
  right
• 2:55
  there
• 2:55
  where
• 2:55
  you
• 2:56
  are.
• 2:57
  But
• 2:58
  I
• 2:58
  can
• 2:58
  tell
• 2:58
  you
• 2:58
  right
• 2:58
  now
• 2:59
  that
• 2:59
  can
• 2:59
  end
• 2:59
  right
• 3:00
  now,
• 3:00
  that
• 3:01
  can
• 3:01
  end
• 3:01
  today.
• 3:03
  And
• 3:03
  the
• 3:03
  solution
• 3:03
  is
• 3:04
  to
• 3:04
  start
• 3:04
  small,
• 3:05
  start
• 3:05
  now
• 3:06
  and
• 3:06
  start
• 3:06
  simple.
• 3:07
  Here's
• 3:07
  the
• 3:07
  thing.
• 3:08
  Teaching
• 3:09
  financial
• 3:09
  literacy
• 3:10
  is
• 3:10
  part
• 3:10
  of
• 3:11
  faithful
• 3:11
  parenting.
• 3:13
  I
• 3:13
  want
• 3:13
  to
• 3:13
  say
• 3:13
  that
• 3:13
  again
• 3:14
  because
• 3:14
  it
• 3:14
  is
• 3:14
  so
• 3:14
  important
• 3:15
  that
• 3:15
  you
• 3:15
  hear
• 3:15
  that
• 3:16
  as
• 3:16
  you're
• 3:16
  listening
• 3:16
  right
• 3:17
  now.
• 3:17
  Teaching
• 3:18
  financial
• 3:19
  literacy
• 3:20
  is
• 3:20
  part
• 3:20
  of
• 3:21
  faithful
• 3:21
  parenting.
• 3:22
  Let's
• 3:22
  look
• 3:22
  at
• 3:22
  the
• 3:22
  word
• 3:22
  of
• 3:22
  God.
• 3:23
  Let's
• 3:23
  look
• 3:23
  at
• 3:23
  the
• 3:23
  book
• 3:23
  of
• 3:23
  Deuteronomy.
• 3:24
  Don't
• 3:24
  quote
• 3:25
  that
• 3:25
  one
• 3:25
  much
• 3:25
  on
• 3:25
  the
• 3:25
  show,
• 3:26
  but
• 3:26
  Deuteronomy,
• 3:27
  chapter
• 3:27
  6,
• 3:28
  verses
• 3:28
  6
• 3:29
  to
• 3:29
  7.
• 3:29
  And
• 3:29
  it
• 3:29
  says
• 3:30
  this
• 3:30
  and
• 3:31
  these
• 3:31
  words
• 3:31
  which
• 3:32
  I
• 3:32
  command
• 3:32
  you
• 3:32
  today
• 3:32
  shall
• 3:33
  be
• 3:33
  in
• 3:33
  your
• 3:33
  heart.
• 3:34
  You
• 3:34
  shall
• 3:35
  teach
• 3:35
  them
• 3:35
  diligently
• 3:36
  to
• 3:36
  your
• 3:36
  children
• 3:37
  and
• 3:37
  shall
• 3:38
  talk
• 3:38
  to
• 3:38
  them
• 3:38
  when
• 3:39
  you
• 3:39
  sit
• 3:39
  in
• 3:39
  your
• 3:39
  house,
• 3:40
  when
• 3:40
  you
• 3:40
  walk,
• 3:40
  by
• 3:41
  the
• 3:41
  way,
• 3:41
  when
• 3:41
  you
• 3:42
  lie
• 3:42
  down,
• 3:42
  and
• 3:43
  when
• 3:43
  you
• 3:43
  rise
• 3:44
  up.
• 3:45
  I
• 3:45
  don't
• 3:45
  think
• 3:45
  it
• 3:46
  gets
• 3:46
  any
• 3:46
  clearer
• 3:46
  than
• 3:46
  that.
• 3:47
  You
• 3:47
  shall
• 3:48
  teach
• 3:48
  them,
• 3:48
  diligently,
• 3:49
  talk
• 3:50
  to
• 3:50
  them
• 3:50
  when
• 3:50
  you
• 3:51
  sit
• 3:51
  in
• 3:51
  your
• 3:51
  house
• 3:52
  and
• 3:52
  when
• 3:52
  you
• 3:52
  walk
• 3:52
  and
• 3:53
  when
• 3:53
  you
• 3:53
  lie
• 3:53
  down.
• 3:55
  Well,
• 3:55
  let's
• 3:55
  look
• 3:55
  at
• 3:56
  probably
• 3:56
  the
• 3:56
  most,
• 3:57
  the
• 3:57
  most
• 3:57
  common
• 3:58
  verse
• 3:58
  about
• 3:58
  this
• 3:58
  in
• 3:59
  the
• 3:59
  Bible
• 3:59
  and
• 3:59
  that's
• 4:00
  in
• 4:00
  the
• 4:00
  book
• 4:00
  of
• 4:00
  Proverbs,
• 4:01
  chapter
• 4:01
  22,
• 4:01
  verse
• 4:02
  6.
• 4:02
  And
• 4:02
  I've
• 4:03
  used
• 4:03
  this
• 4:03
  on
• 4:03
  the
• 4:03
  show
• 4:03
  many
• 4:04
  times.
• 4:05
  It
• 4:05
  says
• 4:05
  this.
• 4:06
  Train
• 4:06
  up
• 4:06
  a
• 4:06
  child
• 4:06
  in
• 4:07
  the
• 4:07
  way
• 4:07
  that
• 4:07
  he
• 4:07
  should
• 4:08
  go,
• 4:09
  and
• 4:09
  when
• 4:09
  he
• 4:10
  is
• 4:10
  old,
• 4:11
  he
• 4:11
  will
• 4:11
  not
• 4:11
  depart
• 4:12
  from
• 4:12
  it.
• 4:13
  Hey,
• 4:14
  again,
• 4:14
  it
• 4:14
  doesn't
• 4:14
  get
• 4:15
  much
• 4:15
  clearer
• 4:15
  than
• 4:15
  that.
• 4:15
  Train
• 4:15
  up
• 4:16
  a
• 4:16
  child
• 4:16
  in
• 4:16
  the
• 4:16
  way
• 4:16
  he
• 4:16
  should
• 4:17
  go.
• 4:17
  Show
• 4:17
  them
• 4:18
  how
• 4:18
  to
• 4:18
  become
• 4:19
  financially
• 4:20
  alert.
• 4:20
  Show
• 4:20
  them
• 4:20
  how
• 4:21
  to
• 4:21
  become
• 4:22
  financially
• 4:22
  confident
• 4:23
  Christians.
• 4:24
  And
• 4:24
  one
• 4:25
  more
• 4:25
  Bible
• 4:25
  verse.
• 4:25
  This
• 4:26
  is
• 4:26
  From
• 4:26
  Proverbs,
• 4:26
  chapter
• 4:27
  1,
• 4:27
  verse
• 4:28
  5.
• 4:29
  Let
• 4:29
  the
• 4:30
  wise
• 4:30
  listen
• 4:31
  and
• 4:31
  add
• 4:32
  to
• 4:32
  their
• 4:32
  learning.
• 4:33
  Hey,
• 4:34
  I
• 4:34
  think
• 4:34
  I've
• 4:34
  made
• 4:34
  my
• 4:35
  point
• 4:35
  here.
• 4:36
  It's
• 4:36
  all
• 4:36
  about
• 4:36
  teaching
• 4:37
  and
• 4:38
  it's
• 4:38
  all
• 4:38
  about
• 4:39
  having
• 4:39
  them
• 4:39
  start
• 4:40
  to
• 4:40
  get
• 4:40
  these
• 4:40
  things
• 4:40
  early.
• 4:41
  Because
• 4:41
  here's
• 4:41
  the
• 4:41
  truth.
• 4:42
  Financial
• 4:43
  stewardship
• 4:44
  is
• 4:44
  a
• 4:44
  spiritual
• 4:45
  discipline.
• 4:46
  It
• 4:47
  just
• 4:47
  is.
• 4:47
  There's
• 4:47
  no
• 4:47
  disconnect
• 4:48
  from
• 4:48
  that.
• 4:48
  So
• 4:48
  many
• 4:49
  people
• 4:49
  don't
• 4:49
  understand
• 4:50
  that
• 4:50
  financial
• 4:51
  stewardship
• 4:52
  is
• 4:52
  a
• 4:52
  discipline
• 4:53
  and
• 4:53
  it's
• 4:53
  a
• 4:53
  deeply
• 4:54
  spiritual
• 4:54
  discipline.
• 4:55
  So
• 4:55
  start
• 4:55
  early,
• 4:56
  teach
• 4:57
  often
• 4:57
  and
• 4:58
  reinforce
• 4:58
  regularly.
• 4:59
  So
• 4:59
  now
• 4:59
  you're
• 4:59
  asking,
• 5:00
  Ralph,
• 5:00
  what
• 5:00
  can
• 5:01
  we
• 5:01
  do?
• 5:01
  How
• 5:01
  do
• 5:01
  we
• 5:02
  possibly
• 5:02
  make
• 5:02
  this
• 5:03
  happen?
• 5:03
  I
• 5:03
  feel
• 5:03
  awkward.
• 5:04
  I'm
• 5:04
  afraid
• 5:04
  they're
• 5:05
  going
• 5:05
  to
• 5:05
  make
• 5:05
  the
• 5:05
  same
• 5:05
  mistakes
• 5:06
  I
• 5:06
  made.
• 5:07
  Well,
• 5:07
  I've
• 5:08
  got
• 5:08
  a
• 5:08
  solution
• 5:08
  for
• 5:08
  you.
• 5:08
  And
• 5:09
  the
• 5:09
  solution
• 5:09
  is
• 5:09
  actually
• 5:09
  pretty
• 5:10
  straightforward
• 5:11
  and
• 5:11
  that's
• 5:11
  create
• 5:12
  age
• 5:12
  appropriate
• 5:13
  hands
• 5:13
  on
• 5:13
  money
• 5:13
  experiences
• 5:14
  that
• 5:14
  build
• 5:15
  lifelong
• 5:16
  confidence.
• 5:17
  So
• 5:17
  here's
• 5:17
  your
• 5:18
  one
• 5:18
  action
• 5:18
  step
• 5:18
  for
• 5:19
  today.
• 5:19
  I
• 5:19
  want
• 5:19
  you
• 5:19
  to
• 5:20
  set
• 5:20
  up
• 5:20
  what
• 5:20
  I'M
• 5:20
  going
• 5:20
  to
• 5:21
  call
• 5:21
  the
• 5:21
  Earn,
• 5:21
  Save,
• 5:22
  Spend
• 5:22
  and
• 5:22
  Give
• 5:22
  jars.
• 5:24
  Picture
• 5:24
  this
• 5:24
  in
• 5:24
  your
• 5:24
  mind.
• 5:25
  You've
• 5:25
  got
• 5:25
  four
• 5:26
  little
• 5:26
  jars
• 5:26
  sitting
• 5:27
  in
• 5:27
  front
• 5:27
  of
• 5:27
  you.
• 5:27
  And
• 5:27
  the
• 5:27
  cool
• 5:28
  thing
• 5:28
  about
• 5:28
  this
• 5:28
  is
• 5:28
  you
• 5:29
  can
• 5:29
  actually
• 5:29
  start
• 5:29
  kids
• 5:30
  at
• 5:30
  maybe
• 5:30
  3,
• 5:31
  4,
• 5:31
  5
• 5:31
  years
• 5:32
  old,
• 5:32
  or
• 5:33
  maybe
• 5:33
  you
• 5:33
  use
• 5:33
  envelopes,
• 5:34
  it
• 5:34
  doesn't
• 5:34
  really
• 5:34
  matter.
• 5:35
  The
• 5:35
  whole
• 5:35
  point
• 5:36
  is
• 5:36
  this
• 5:36
  visual
• 5:37
  reinforcement
• 5:38
  and
• 5:39
  it
• 5:39
  works
• 5:39
  great
• 5:39
  for
• 5:40
  kids
• 5:40
  of
• 5:40
  3
• 5:40
  to
• 5:41
  10
• 5:41
  years
• 5:41
  old.
• 5:41
  And
• 5:42
  I
• 5:42
  can
• 5:42
  still
• 5:42
  remember
• 5:42
  my
• 5:43
  mom
• 5:43
  introducing
• 5:43
  me
• 5:44
  to
• 5:44
  this
• 5:44
  type
• 5:44
  thing
• 5:45
  with
• 5:45
  small
• 5:45
  change.
• 5:46
  And
• 5:46
  I
• 5:46
  remember
• 5:46
  sitting
• 5:47
  at
• 5:47
  the
• 5:47
  kitchen
• 5:47
  table.
• 5:48
  I
• 5:48
  was
• 5:48
  probably
• 5:49
  four
• 5:49
  or
• 5:49
  five
• 5:49
  years
• 5:50
  old.
• 5:50
  I
• 5:50
  think
• 5:50
  I
• 5:50
  was
• 5:50
  in
• 5:50
  kindergarten
• 5:51
  at
• 5:51
  the
• 5:51
  time.
• 5:51
  And
• 5:51
  I,
• 5:52
  I
• 5:52
  was,
• 5:52
  I
• 5:52
  was
• 5:52
  so
• 5:52
  enthralled
• 5:53
  by
• 5:53
  money.
• 5:53
  You
• 5:53
  know,
• 5:54
  go
• 5:54
  to
• 5:54
  the
• 5:54
  arcade,
• 5:55
  mom
• 5:55
  would
• 5:55
  give
• 5:55
  me
• 5:55
  a
• 5:55
  couple
• 5:56
  quarters
• 5:56
  and
• 5:56
  I
• 5:56
  remember
• 5:57
  her
• 5:57
  setting
• 5:57
  out
• 5:57
  these
• 5:57
  jars
• 5:58
  in
• 5:58
  front
• 5:58
  of
• 5:58
  me
• 5:58
  and
• 5:58
  she
• 5:59
  had
• 5:59
  written
• 5:59
  names
• 6:00
  on
• 6:00
  them.
• 6:00
  And
• 6:00
  the
• 6:00
  one
• 6:00
  name
• 6:01
  said
• 6:01
  earn
• 6:01
  and
• 6:02
  another
• 6:02
  name
• 6:02
  said
• 6:03
  save.
• 6:03
  And
• 6:03
  then
• 6:03
  one
• 6:04
  said
• 6:04
  spend
• 6:04
  and
• 6:05
  one
• 6:05
  said
• 6:05
  given.
• 6:05
  I'm
• 6:06
  thinking,
• 6:06
  well,
• 6:06
  I
• 6:07
  like
• 6:07
  that
• 6:07
  spend
• 6:08
  one.
• 6:08
  I
• 6:08
  don't
• 6:08
  know
• 6:09
  about
• 6:09
  that
• 6:09
  earning
• 6:09
  and
• 6:09
  saving
• 6:10
  one,
• 6:10
  but
• 6:10
  I
• 6:10
  sure
• 6:10
  like
• 6:11
  that
• 6:11
  spend
• 6:11
  one.
• 6:12
  And
• 6:12
  my
• 6:12
  mom
• 6:13
  made
• 6:13
  a
• 6:13
  game
• 6:13
  of
• 6:13
  it.
• 6:13
  I
• 6:13
  remember
• 6:14
  she
• 6:14
  gave
• 6:14
  me
• 6:14
  some
• 6:14
  pennies
• 6:15
  and
• 6:15
  some
• 6:15
  nickels
• 6:15
  and
• 6:16
  some
• 6:16
  dimes
• 6:16
  and
• 6:16
  some
• 6:16
  quarters
• 6:18
  and
• 6:18
  she
• 6:18
  says,
• 6:18
  okay,
• 6:18
  let's
• 6:19
  start
• 6:19
  talking
• 6:19
  about
• 6:19
  how
• 6:20
  to
• 6:20
  do
• 6:20
  that.
• 6:20
  I
• 6:20
  remember
• 6:20
  stacking
• 6:21
  up
• 6:21
  the
• 6:21
  coins.
• 6:21
  I
• 6:21
  remember
• 6:22
  counting
• 6:22
  them.
• 6:23
  Hey,
• 6:23
  maybe
• 6:24
  that's
• 6:24
  why
• 6:24
  I
• 6:24
  became
• 6:24
  an
• 6:24
  accountant
• 6:25
  today.
• 6:26
  So
• 6:26
  start
• 6:26
  there,
• 6:27
  sort
• 6:27
  of
• 6:27
  gamify
• 6:28
  this
• 6:28
  thing,
• 6:29
  and
• 6:29
  then
• 6:29
  the
• 6:29
  next
• 6:29
  thing
• 6:30
  I'm
• 6:30
  going
• 6:30
  to
• 6:30
  encourage
• 6:30
  you
• 6:30
  to
• 6:30
  do.
• 6:31
  And
• 6:31
  a
• 6:31
  lot
• 6:31
  of
• 6:31
  parents
• 6:31
  mess
• 6:32
  this
• 6:32
  up
• 6:32
  and
• 6:32
  I
• 6:33
  was
• 6:33
  kind
• 6:33
  of
• 6:33
  guilty
• 6:33
  of
• 6:33
  this
• 6:33
  when
• 6:34
  my
• 6:34
  kids
• 6:34
  were
• 6:34
  really
• 6:34
  young.
• 6:35
  But
• 6:35
  I
• 6:35
  think
• 6:35
  we
• 6:35
  need
• 6:36
  to
• 6:36
  connect
• 6:36
  earning
• 6:37
  to
• 6:37
  chores.
• 6:38
  See,
• 6:38
  so
• 6:39
  many
• 6:39
  people
• 6:39
  think
• 6:39
  that
• 6:39
  you
• 6:40
  just
• 6:40
  give
• 6:40
  them
• 6:40
  an
• 6:40
  allowance,
• 6:41
  but
• 6:42
  I'm
• 6:42
  going
• 6:42
  to
• 6:42
  rock
• 6:42
  your
• 6:42
  world
• 6:43
  right
• 6:43
  now.
• 6:43
  I
• 6:43
  think
• 6:43
  you
• 6:44
  give
• 6:44
  them
• 6:44
  a
• 6:44
  commission.
• 6:45
  Yes,
• 6:46
  Ralph
• 6:46
  said
• 6:47
  commission,
• 6:47
  not
• 6:47
  just
• 6:47
  an
• 6:48
  allowance.
• 6:48
  Teach
• 6:49
  them
• 6:49
  this
• 6:50
  very
• 6:50
  important
• 6:51
  life
• 6:51
  skill.
• 6:52
  Work
• 6:53
  equals
• 6:53
  reward.
• 6:55
  Another
• 6:55
  Ralph
• 6:55
  rant,
• 6:56
  avoid
• 6:56
  the
• 6:56
  allowance.
• 6:57
  See,
• 6:58
  avoiding
• 6:58
  the
• 6:58
  allowance,
• 6:59
  it
• 6:59
  means
• 6:59
  it's
• 6:59
  like
• 6:59
  training
• 7:00
  them
• 7:00
  to
• 7:00
  look
• 7:00
  for
• 7:01
  handouts.
• 7:02
  And
• 7:02
  that
• 7:02
  might
• 7:03
  seem
• 7:03
  a
• 7:03
  little
• 7:03
  harsh,
• 7:03
  but
• 7:04
  think
• 7:04
  about
• 7:04
  it.
• 7:04
  If
• 7:05
  you're
• 7:05
  just
• 7:05
  saying,
• 7:05
  oh,
• 7:05
  here's
• 7:05
  your
• 7:06
  allowance,
• 7:06
  you
• 7:06
  don't
• 7:06
  do
• 7:06
  anything
• 7:07
  to
• 7:07
  get
• 7:07
  it,
• 7:07
  what
• 7:07
  do
• 7:08
  they
• 7:08
  do?
• 7:08
  Well,
• 7:08
  you're
• 7:08
  teaching
• 7:08
  them
• 7:09
  to,
• 7:09
  to
• 7:09
  look
• 7:09
  for
• 7:10
  handouts.
• 7:11
  It's
• 7:12
  so
• 7:12
  much
• 7:12
  more
• 7:12
  effective
• 7:13
  to
• 7:13
  connect
• 7:13
  work
• 7:14
  with
• 7:14
  rewards.
• 7:14
  And
• 7:14
  I'm
• 7:15
  not
• 7:15
  saying
• 7:15
  that
• 7:15
  your
• 7:15
  kids
• 7:16
  have
• 7:16
  to
• 7:16
  do
• 7:17
  ridiculous
• 7:17
  chores,
• 7:18
  but
• 7:18
  even
• 7:19
  at
• 7:19
  a
• 7:19
  young
• 7:19
  age,
• 7:20
  maybe
• 7:20
  it's
• 7:20
  picking
• 7:20
  up
• 7:20
  their
• 7:21
  toys,
• 7:21
  maybe
• 7:21
  it's
• 7:22
  straightening
• 7:22
  up
• 7:22
  their
• 7:22
  room.
• 7:23
  It's
• 7:23
  doing
• 7:23
  little
• 7:24
  odds
• 7:24
  and
• 7:24
  ends,
• 7:24
  like
• 7:24
  putting
• 7:25
  all
• 7:25
  the
• 7:25
  trash
• 7:25
  in
• 7:25
  the
• 7:26
  trash
• 7:26
  can
• 7:26
  as
• 7:26
  they
• 7:27
  get
• 7:27
  older,
• 7:27
  taking
• 7:27
  the
• 7:27
  trash
• 7:28
  out
• 7:28
  to
• 7:28
  the
• 7:28
  curb.
• 7:29
  But
• 7:29
  connect
• 7:30
  that
• 7:30
  stuff,
• 7:30
  connect
• 7:31
  that
• 7:31
  stuff
• 7:31
  with
• 7:31
  a
• 7:32
  reward,
• 7:32
  connect
• 7:32
  that
• 7:33
  with
• 7:33
  a
• 7:33
  commission.
• 7:35
  The
• 7:35
  next
• 7:35
  thing
• 7:35
  I'm
• 7:35
  going
• 7:35
  to
• 7:35
  do,
• 7:36
  and
• 7:36
  my
• 7:36
  mom
• 7:36
  taught
• 7:36
  this
• 7:36
  very
• 7:37
  well
• 7:37
  with
• 7:37
  those
• 7:37
  jars,
• 7:38
  I'm
• 7:39
  going
• 7:39
  to
• 7:39
  encourage
• 7:39
  you
• 7:39
  to
• 7:39
  practice
• 7:40
  what
• 7:40
  I
• 7:40
  call
• 7:40
  allocation.
• 7:42
  So
• 7:42
  for
• 7:42
  example,
• 7:42
  with
• 7:42
  those
• 7:43
  jars,
• 7:43
  maybe
• 7:43
  say,
• 7:44
  listen
• 7:44
  here,
• 7:44
  kids
• 7:45
  start
• 7:45
  teaching
• 7:45
  tithing
• 7:46
  at
• 7:46
  a
• 7:46
  young
• 7:46
  age.
• 7:47
  That
• 7:47
  give
• 7:47
  jar,
• 7:48
  hey,
• 7:48
  that
• 7:48
  gets
• 7:48
  10%
• 7:49
  of
• 7:49
  your
• 7:49
  money.
• 7:50
  I
• 7:50
  remember
• 7:50
  my
• 7:51
  kids
• 7:51
  were
• 7:51
  really
• 7:51
  young.
• 7:52
  We
• 7:52
  started
• 7:52
  doing
• 7:53
  what
• 7:53
  at
• 7:53
  the
• 7:53
  time
• 7:54
  we
• 7:54
  called
• 7:54
  an
• 7:54
  allowance.
• 7:55
  But
• 7:55
  having
• 7:55
  hindsight,
• 7:56
  I
• 7:56
  would
• 7:56
  have
• 7:56
  called
• 7:56
  it
• 7:57
  a
• 7:57
  commission.
• 7:57
  But
• 7:58
  we
• 7:58
  said
• 7:58
  to
• 7:58
  them,
• 7:58
  listen,
• 7:58
  whatever
• 7:59
  we
• 7:59
  pay
• 7:59
  you
• 7:59
  when
• 7:59
  we
• 7:59
  go
• 7:59
  to
• 8:00
  church
• 8:00
  on
• 8:00
  Sunday,
• 8:00
  you
• 8:01
  got
• 8:01
  to
• 8:01
  give
• 8:01
  10%
• 8:02
  of
• 8:02
  that.
• 8:02
  I
• 8:02
  remember
• 8:02
  my
• 8:03
  young
• 8:03
  son
• 8:03
  said,
• 8:03
  dad,
• 8:04
  I'm
• 8:04
  not
• 8:04
  giving
• 8:04
  anything.
• 8:04
  I
• 8:05
  worked
• 8:05
  hard
• 8:05
  for
• 8:05
  this
• 8:05
  money.
• 8:06
  And
• 8:07
  I
• 8:07
  said,
• 8:07
  yeah,
• 8:07
  but
• 8:07
  see,
• 8:07
  here's
• 8:08
  the
• 8:08
  thing,
• 8:08
  son.
• 8:08
  We
• 8:08
  had
• 8:08
  in
• 8:09
  a
• 8:09
  whole
• 8:09
  discussion
• 8:09
  about
• 8:10
  it.
• 8:10
  I
• 8:10
  remember
• 8:10
  on
• 8:10
  the
• 8:10
  ride
• 8:11
  to
• 8:11
  church
• 8:11
  that
• 8:12
  day,
• 8:12
  and
• 8:12
  he's
• 8:13
  sitting
• 8:13
  in
• 8:13
  the
• 8:13
  back
• 8:13
  seat
• 8:13
  and
• 8:13
  he's
• 8:14
  counting
• 8:14
  his
• 8:14
  nickels
• 8:15
  and
• 8:15
  his
• 8:15
  dimes
• 8:16
  and
• 8:16
  quarters,
• 8:16
  and
• 8:17
  I
• 8:17
  can
• 8:17
  tell
• 8:17
  he's
• 8:17
  being
• 8:18
  reluctant
• 8:18
  about
• 8:18
  it,
• 8:19
  but
• 8:19
  I
• 8:19
  encourage
• 8:19
  him
• 8:19
  give
• 8:20
  that
• 8:20
  10%
• 8:20
  and
• 8:21
  then
• 8:21
  also
• 8:21
  encourage
• 8:21
  that
• 8:22
  20%
• 8:22
  saving.
• 8:23
  And
• 8:24
  hey,
• 8:24
  they
• 8:24
  can
• 8:24
  still
• 8:24
  spend
• 8:24
  70%
• 8:25
  of
• 8:25
  it.
• 8:25
  But
• 8:26
  start,
• 8:26
  encourage
• 8:26
  that
• 8:27
  allocation
• 8:28
  and
• 8:28
  encourage
• 8:29
  them
• 8:29
  to
• 8:29
  make
• 8:29
  those
• 8:29
  regular
• 8:30
  deposits
• 8:30
  in
• 8:31
  each
• 8:31
  category.
• 8:31
  That's
• 8:31
  one
• 8:31
  of
• 8:32
  the
• 8:32
  things
• 8:32
  my
• 8:32
  mom
• 8:32
  taught
• 8:32
  me.
• 8:33
  With
• 8:33
  those
• 8:33
  jars,
• 8:33
  I
• 8:33
  was
• 8:34
  going
• 8:34
  to
• 8:34
  put
• 8:34
  so
• 8:34
  much
• 8:34
  in
• 8:35
  the
• 8:35
  give
• 8:35
  jar,
• 8:35
  I
• 8:36
  was
• 8:36
  going
• 8:36
  to
• 8:36
  put
• 8:36
  so
• 8:36
  much
• 8:37
  in
• 8:37
  the
• 8:37
  save
• 8:37
  jar
• 8:38
  jar,
• 8:38
  so
• 8:38
  much
• 8:39
  in
• 8:39
  the
• 8:39
  spending
• 8:40
  jar.
• 8:40
  And
• 8:40
  of
• 8:40
  course
• 8:40
  I
• 8:40
  had
• 8:40
  to
• 8:41
  earn
• 8:41
  the
• 8:41
  money
• 8:41
  in
• 8:41
  the
• 8:41
  first
• 8:41
  place.
• 8:42
  That's
• 8:42
  where
• 8:42
  it
• 8:42
  came
• 8:42
  in
• 8:43
  the
• 8:43
  earnings
• 8:43
  jar.
• 8:44
  And
• 8:44
  you
• 8:44
  start
• 8:44
  to
• 8:45
  teach
• 8:45
  your
• 8:45
  children
• 8:45
  tithing
• 8:46
  and
• 8:46
  you
• 8:46
  start
• 8:46
  teaching
• 8:47
  them
• 8:47
  savings.
• 8:48
  Do
• 8:48
  that
• 8:49
  first,
• 8:49
  because
• 8:49
  remember
• 8:50
  what
• 8:50
  the
• 8:50
  Bible
• 8:50
  tells
• 8:51
  us.
• 8:51
  Our
• 8:52
  first
• 8:52
  fruits
• 8:52
  will
• 8:53
  start
• 8:53
  teaching
• 8:53
  your
• 8:53
  kids
• 8:54
  that
• 8:54
  as
• 8:54
  well.
• 8:55
  And
• 8:55
  then
• 8:55
  another
• 8:56
  thing
• 8:56
  I'm
• 8:56
  going
• 8:56
  to
• 8:56
  encourage
• 8:56
  you
• 8:57
  to
• 8:57
  do
• 8:57
  is
• 8:57
  involve
• 8:58
  them
• 8:58
  in
• 8:58
  spending
• 8:59
  decisions.
• 9:00
  That's
• 9:00
  where
• 9:00
  making
• 9:01
  those
• 9:01
  small
• 9:01
  purchase
• 9:02
  jars
• 9:02
  really
• 9:03
  come
• 9:03
  in
• 9:03
  handy.
• 9:03
  And
• 9:03
  for
• 9:03
  older
• 9:04
  kids,
• 9:04
  start
• 9:05
  to
• 9:05
  talk
• 9:05
  about
• 9:05
  budgeting,
• 9:06
  hey,
• 9:06
  as
• 9:06
  your
• 9:07
  kids
• 9:07
  are
• 9:07
  teenagers,
• 9:07
  start
• 9:07
  thinking
• 9:08
  about
• 9:08
  a
• 9:08
  budget.
• 9:08
  You
• 9:08
  know,
• 9:09
  maybe
• 9:09
  they
• 9:09
  want
• 9:09
  to
• 9:09
  go
• 9:09
  to
• 9:09
  the
• 9:09
  dance
• 9:10
  or
• 9:10
  whatever
• 9:10
  the
• 9:11
  cool
• 9:11
  kids
• 9:11
  are
• 9:11
  doing
• 9:11
  now
• 9:12
  and
• 9:12
  explain
• 9:13
  to
• 9:13
  them,
• 9:13
  hey,
• 9:13
  you
• 9:13
  need
• 9:13
  to
• 9:13
  see
• 9:14
  a
• 9:14
  receipt
• 9:14
  and
• 9:15
  explain
• 9:15
  to
• 9:15
  them,
• 9:16
  you
• 9:16
  know,
• 9:16
  cost
• 9:16
  comparisons.
• 9:17
  And
• 9:17
  here's
• 9:18
  a
• 9:18
  personal
• 9:18
  story.
• 9:18
  I
• 9:19
  can
• 9:19
  still
• 9:19
  remember
• 9:19
  when
• 9:20
  I
• 9:20
  learned
• 9:20
  a
• 9:21
  big
• 9:21
  lesson
• 9:21
  on
• 9:22
  spending
• 9:22
  my
• 9:22
  own
• 9:22
  money.
• 9:23
  I
• 9:23
  remember
• 9:23
  one
• 9:23
  weekend
• 9:24
  my
• 9:24
  mom
• 9:24
  said,
• 9:24
  hey,
• 9:25
  I've
• 9:25
  got
• 9:25
  this
• 9:25
  backyard.
• 9:26
  My
• 9:26
  dad
• 9:26
  had
• 9:27
  left
• 9:27
  when
• 9:27
  I
• 9:27
  was
• 9:27
  8
• 9:27
  and
• 9:28
  so
• 9:28
  I
• 9:28
  was
• 9:28
  sort
• 9:28
  of
• 9:28
  man
• 9:28
  of
• 9:28
  the
• 9:28
  house.
• 9:29
  And
• 9:29
  it
• 9:29
  was
• 9:29
  big.
• 9:29
  It
• 9:30
  was
• 9:30
  getting
• 9:30
  to
• 9:30
  be
• 9:30
  fall
• 9:30
  time.
• 9:31
  And
• 9:31
  remember
• 9:31
  the
• 9:31
  leaves
• 9:32
  were
• 9:32
  all
• 9:32
  over
• 9:32
  the
• 9:32
  ground.
• 9:32
  And
• 9:33
  my
• 9:33
  mom
• 9:33
  says,
• 9:33
  you
• 9:33
  know,
• 9:33
  we've
• 9:33
  really
• 9:34
  got
• 9:34
  to
• 9:34
  get
• 9:34
  these
• 9:34
  leaves
• 9:34
  picked
• 9:35
  up.
• 9:35
  And
• 9:35
  I'm
• 9:35
  like,
• 9:35
  I
• 9:35
  really
• 9:36
  don't
• 9:36
  want
• 9:36
  to
• 9:36
  do
• 9:36
  leave
• 9:37
  pickup.
• 9:37
  You
• 9:37
  know,
• 9:37
  I
• 9:37
  want
• 9:38
  to
• 9:38
  go
• 9:38
  this
• 9:38
  my
• 9:38
  friends.
• 9:39
  I
• 9:39
  want
• 9:39
  to
• 9:39
  go,
• 9:39
  hey,
• 9:39
  date
• 9:40
  myself
• 9:40
  again.
• 9:40
  I
• 9:40
  want
• 9:40
  to
• 9:40
  go
• 9:41
  play
• 9:41
  my
• 9:41
  Atari,
• 9:41
  you
• 9:42
  know,
• 9:42
  Space
• 9:42
  Invaders
• 9:43
  or
• 9:43
  something.
• 9:44
  And
• 9:44
  she
• 9:44
  said,
• 9:44
  no,
• 9:45
  listen,
• 9:45
  if
• 9:45
  you
• 9:45
  help
• 9:45
  me,
• 9:45
  I'll
• 9:46
  give
• 9:46
  you
• 9:46
  a
• 9:46
  $10
• 9:47
  bill
• 9:47
  for
• 9:47
  helping
• 9:48
  me.
• 9:48
  And
• 9:48
  I
• 9:48
  was
• 9:48
  like,
• 9:48
  wow,
• 9:48
  10
• 9:49
  bucks,
• 9:49
  man,
• 9:49
  that's
• 9:49
  a
• 9:50
  lot
• 9:50
  of
• 9:50
  games
• 9:50
  at
• 9:50
  the
• 9:51
  arcade.
• 9:51
  And
• 9:52
  I
• 9:52
  remember
• 9:52
  she
• 9:52
  handed
• 9:53
  me
• 9:53
  that
• 9:53
  $10
• 9:53
  bill
• 9:54
  and
• 9:54
  she
• 9:54
  says,
• 9:54
  hey,
• 9:54
  do
• 9:55
  you
• 9:55
  want
• 9:55
  to
• 9:55
  go
• 9:55
  shopping
• 9:55
  later?
• 9:56
  I
• 9:56
  think
• 9:56
  she
• 9:56
  set
• 9:56
  me
• 9:57
  up.
• 9:57
  Looking
• 9:57
  back
• 9:57
  at
• 9:57
  it
• 9:57
  now,
• 9:58
  I
• 9:58
  think
• 9:58
  she
• 9:58
  set
• 9:59
  me
• 9:59
  up.
• 9:59
  We
• 9:59
  went
• 10:00
  to
• 10:00
  this
• 10:00
  store.
• 10:00
  I
• 10:00
  remember
• 10:00
  walking
• 10:01
  down
• 10:01
  the
• 10:01
  aisle
• 10:01
  and
• 10:01
  I.
• 10:02
  I
• 10:02
  saw
• 10:02
  this
• 10:02
  toy
• 10:03
  I
• 10:03
  really
• 10:03
  want.
• 10:03
  Remember,
• 10:04
  I
• 10:04
  couldn't
• 10:04
  tell
• 10:04
  you
• 10:04
  what
• 10:04
  it
• 10:04
  was
• 10:05
  at
• 10:05
  this
• 10:05
  point.
• 10:05
  The
• 10:05
  whole
• 10:06
  point
• 10:06
  is
• 10:06
  not
• 10:06
  that,
• 10:06
  but
• 10:07
  I
• 10:07
  remember.
• 10:07
  And
• 10:07
  I
• 10:08
  saw
• 10:08
  the.
• 10:08
  It
• 10:08
  was
• 10:09
  like
• 10:09
  $8
• 10:09
  or
• 10:10
  8.99,
• 10:10
  whatever
• 10:11
  it
• 10:11
  was.
• 10:12
  And
• 10:12
  I
• 10:12
  looked
• 10:12
  on
• 10:12
  the
• 10:13
  shelf
• 10:13
  and
• 10:13
  I
• 10:13
  got
• 10:13
  this
• 10:13
  $10
• 10:14
  bill
• 10:14
  in
• 10:14
  my
• 10:14
  hand.
• 10:15
  I'm
• 10:15
  looking
• 10:15
  at
• 10:15
  the
• 10:15
  $10
• 10:16
  bill
• 10:16
  and
• 10:16
  I'm
• 10:16
  looking
• 10:16
  at
• 10:16
  the
• 10:16
  shelf,
• 10:17
  and
• 10:17
  I'm
• 10:17
  going
• 10:18
  to
• 10:18
  tell
• 10:18
  you
• 10:18
  right
• 10:18
  now,
• 10:18
  I
• 10:18
  agonized
• 10:19
  over
• 10:19
  that
• 10:20
  decision.
• 10:21
  I
• 10:21
  didn't
• 10:21
  want
• 10:21
  to
• 10:22
  break
• 10:22
  that
• 10:22
  $10
• 10:22
  bill
• 10:24
  because
• 10:24
  it
• 10:24
  was
• 10:24
  so
• 10:24
  much
• 10:25
  easier
• 10:25
  to
• 10:25
  spend
• 10:25
  my
• 10:25
  mom's
• 10:26
  money,
• 10:26
  spend
• 10:27
  my
• 10:27
  parents
• 10:27
  money.
• 10:28
  But
• 10:28
  when
• 10:28
  I
• 10:28
  was
• 10:29
  spending
• 10:29
  my
• 10:29
  own,
• 10:29
  man,
• 10:30
  that
• 10:30
  was
• 10:30
  a
• 10:30
  critical
• 10:31
  lesson.
• 10:32
  And
• 10:32
  if
• 10:32
  we
• 10:33
  can
• 10:33
  teach
• 10:33
  our
• 10:33
  kids
• 10:33
  that
• 10:33
  it's
• 10:34
  harder
• 10:34
  to
• 10:34
  spend
• 10:34
  your
• 10:35
  own
• 10:35
  money
• 10:35
  than
• 10:35
  it
• 10:36
  is
• 10:36
  your
• 10:36
  parents
• 10:36
  money,
• 10:37
  hey,
• 10:37
  you're
• 10:38
  going
• 10:38
  to
• 10:38
  be
• 10:38
  helping
• 10:38
  them
• 10:38
  out
• 10:39
  because
• 10:40
  this
• 10:40
  gives
• 10:40
  them
• 10:40
  practical
• 10:41
  experience.
• 10:41
  See,
• 10:42
  kids
• 10:42
  need
• 10:43
  practical
• 10:43
  experience.
• 10:43
  They
• 10:44
  need
• 10:44
  to
• 10:44
  understand
• 10:45
  what
• 10:45
  scarcity
• 10:46
  looks
• 10:46
  like.
• 10:46
  They
• 10:47
  need
• 10:47
  to
• 10:47
  understand
• 10:47
  what
• 10:48
  giving
• 10:48
  looks
• 10:48
  like
• 10:48
  and
• 10:49
  saving
• 10:49
  looks
• 10:49
  like.
• 10:50
  And
• 10:50
  it
• 10:50
  helps
• 10:51
  build
• 10:51
  up
• 10:51
  responsibility,
• 10:52
  helps
• 10:52
  build
• 10:53
  generosity.
• 10:53
  That's
• 10:53
  why
• 10:53
  I
• 10:53
  said,
• 10:54
  start
• 10:54
  there.
• 10:55
  It's
• 10:55
  one
• 10:55
  of
• 10:55
  the
• 10:55
  big
• 10:55
  things
• 10:56
  we
• 10:56
  did
• 10:56
  with
• 10:56
  our
• 10:56
  children,
• 10:57
  and
• 10:57
  I'm
• 10:57
  really
• 10:57
  happy
• 10:57
  that
• 10:57
  we
• 10:58
  did
• 10:58
  that
• 10:58
  now.
• 10:58
  Abel
• 10:59
  reluctant.
• 10:59
  I
• 10:59
  had
• 10:59
  to
• 11:00
  have
• 11:00
  that
• 11:00
  conversation
• 11:00
  with
• 11:00
  them
• 11:01
  about
• 11:01
  a
• 11:01
  cheerful
• 11:01
  giver.
• 11:02
  My
• 11:02
  youngest
• 11:02
  are
• 11:03
  like,
• 11:03
  dad,
• 11:03
  I'm
• 11:03
  not
• 11:03
  feeling
• 11:03
  very
• 11:04
  cheerful
• 11:04
  about
• 11:04
  this.
• 11:05
  But
• 11:05
  start
• 11:06
  to
• 11:06
  build
• 11:06
  those
• 11:06
  conversations
• 11:07
  and
• 11:08
  start
• 11:08
  building
• 11:08
  that
• 11:09
  binding
• 11:09
  around
• 11:10
  money,
• 11:11
  because
• 11:11
  maybe
• 11:11
  you've
• 11:12
  made
• 11:12
  mistakes.
• 11:12
  Hey,
• 11:12
  if
• 11:12
  you're
• 11:13
  like
• 11:13
  me,
• 11:13
  you're
• 11:13
  going
• 11:13
  to
• 11:13
  make
• 11:14
  mistakes.
• 11:15
  But
• 11:15
  talk
• 11:15
  to
• 11:15
  your
• 11:16
  kids,
• 11:16
  age
• 11:16
  appropriately
• 11:17
  about
• 11:17
  those
• 11:17
  mistakes.
• 11:18
  Say,
• 11:18
  hey,
• 11:18
  here's
• 11:19
  how
• 11:19
  you
• 11:19
  can
• 11:19
  avoid
• 11:19
  it.
• 11:20
  Here's
• 11:20
  what
• 11:20
  I
• 11:20
  learned
• 11:21
  because
• 11:22
  this
• 11:22
  really
• 11:22
  lays
• 11:23
  a
• 11:23
  biblical
• 11:23
  foundation
• 11:24
  for
• 11:24
  stewardship
• 11:25
  down
• 11:25
  the
• 11:26
  road
• 11:26
  when
• 11:26
  they
• 11:26
  become
• 11:27
  young
• 11:27
  adults
• 11:27
  and
• 11:28
  they'll
• 11:28
  be
• 11:28
  trained
• 11:29
  to
• 11:29
  make
• 11:29
  better
• 11:30
  financial
• 11:30
  decisions.
• 11:31
  Let's
• 11:32
  pray
• 11:32
  together
• 11:32
  now.
• 11:33
  Father
• 11:33
  God,
• 11:33
  we
• 11:34
  just
• 11:34
  thank
• 11:34
  you
• 11:34
  for
• 11:34
  our
• 11:35
  children,
• 11:35
  Lord,
• 11:35
  and
• 11:36
  the
• 11:36
  opportunity
• 11:36
  to
• 11:37
  shape
• 11:37
  their
• 11:37
  future.
• 11:38
  And
• 11:38
  we
• 11:38
  just
• 11:39
  ask
• 11:39
  that
• 11:39
  you
• 11:39
  would
• 11:39
  help
• 11:39
  us
• 11:40
  to
• 11:40
  teach
• 11:40
  them
• 11:40
  about
• 11:40
  money
• 11:41
  with
• 11:41
  grace,
• 11:41
  Lord,
• 11:42
  and
• 11:42
  with
• 11:42
  clarity
• 11:43
  and
• 11:43
  with
• 11:43
  patience.
• 11:45
  Lord,
• 11:45
  we
• 11:45
  ask
• 11:45
  that
• 11:45
  you
• 11:46
  would
• 11:46
  help
• 11:46
  us
• 11:46
  to
• 11:46
  instill
• 11:47
  in
• 11:47
  them
• 11:47
  the
• 11:47
  values
• 11:47
  of
• 11:48
  diligence
• 11:49
  and
• 11:49
  the
• 11:49
  values
• 11:50
  of
• 11:50
  generosity
• 11:51
  and
• 11:51
  contentment,
• 11:51
  Lord.
• 11:52
  And
• 11:52
  we,
• 11:52
  we
• 11:52
  just
• 11:52
  ask
• 11:52
  that
• 11:53
  you
• 11:53
  would
• 11:53
  make
• 11:53
  our
• 11:53
  homes
• 11:54
  places
• 11:54
  of
• 11:54
  wisdom
• 11:55
  and,
• 11:55
  and
• 11:55
  preparation.
• 11:57
  And
• 11:57
  we
• 11:57
  ask
• 11:57
  this
• 11:58
  in
• 11:58
  Jesus
• 11:59
  name.
• 12:00
  Amen.
• 12:01
  Listen,
• 12:02
  the
• 12:02
  truth
• 12:03
  is
• 12:03
  your
• 12:03
  kids
• 12:03
  can
• 12:04
  grow
• 12:04
  into
• 12:04
  confident,
• 12:05
  wise
• 12:05
  financial
• 12:06
  stewards.
• 12:07
  So
• 12:07
  take
• 12:08
  a
• 12:08
  step
• 12:08
  today
• 12:08
  to
• 12:08
  teach
• 12:09
  be
• 12:10
  simple
• 12:10
  and
• 12:10
  be
• 12:10
  intentional
• 12:11
  about
• 12:11
  it.
• 12:12
  And
• 12:12
  while
• 12:12
  I'm
• 12:12
  talking
• 12:13
  about
• 12:13
  intentionality,
• 12:14
  I
• 12:14
  want
• 12:14
  to
• 12:14
  encourage
• 12:14
  you
• 12:14
  to
• 12:14
  do
• 12:15
  something.
• 12:15
  I
• 12:15
  would
• 12:15
  love
• 12:15
  for
• 12:16
  you
• 12:16
  to
• 12:16
  share
• 12:16
  the
• 12:16
  show.
• 12:17
  Share
• 12:17
  the
• 12:18
  show
• 12:18
  with
• 12:18
  somebody
• 12:18
  else.
• 12:19
  And
• 12:19
  let's
• 12:19
  all
• 12:19
  teach
• 12:20
  our
• 12:20
  children
• 12:20
  early
• 12:21
  and
• 12:21
  often
• 12:22
  about
• 12:22
  financial
• 12:23
  stewardship.
• 12:24
  You
• 12:24
  can
• 12:25
  share
• 12:25
  the
• 12:25
  show
• 12:25
  by
• 12:25
  sending
• 12:26
  them
• 12:26
  a
• 12:26
  text
• 12:26
  or
• 12:26
  an
• 12:26
  email
• 12:27
  or,
• 12:27
  or
• 12:27
  maybe
• 12:27
  share
• 12:28
  it
• 12:28
  in
• 12:28
  your
• 12:28
  parents
• 12:29
  group.
• 12:29
  Just
• 12:29
  point
• 12:30
  them
• 12:30
  to
• 12:30
  financiallyconfidentchristian.com
• 12:33
  now,
• 12:34
  tomorrow
• 12:34
  we're
• 12:34
  going
• 12:34
  to
• 12:34
  talk
• 12:35
  about
• 12:35
  budgeting
• 12:35
  your
• 12:36
  time
• 12:36
  and
• 12:36
  money
• 12:37
  for
• 12:37
  a
• 12:37
  smooth
• 12:38
  fall
• 12:38
  transition.
• 12:39
  Hey,
• 12:39
  this
• 12:39
  is
• 12:40
  a
• 12:40
  big
• 12:40
  time
• 12:40
  for
• 12:40
  budgeting
• 12:41
  money,
• 12:41
  but
• 12:41
  it's
• 12:42
  also
• 12:42
  a
• 12:42
  time
• 12:42
  for
• 12:43
  budgeting
• 12:43
  our
• 12:43
  time.
• 12:44
  So
• 12:44
  I'm
• 12:44
  going
• 12:44
  to
• 12:44
  cover
• 12:44
  that
• 12:44
  on
• 12:45
  tomorrow's
• 12:45
  show.
• 12:45
  I'm
• 12:45
  going
• 12:45
  to
• 12:45
  encourage
• 12:46
  you
• 12:46
  not
• 12:46
  to
• 12:46
  miss
• 12:46
  it.
• 12:47
  So
• 12:47
  let's
• 12:47
  all
• 12:47
  go
• 12:47
  out
• 12:48
  there
• 12:48
  today
• 12:48
  and
• 12:48
  be
• 12:49
  financially
• 12:49
  confident
• 12:50
  Christians.
• 12:51
  You
• 12:51
  can
• 12:51
  do
• 12:52
  this.
• 12:52
  I
• 12:53
  believe
• 12:53
  in
• 12:53
  you,
• 12:54
  believe
• 12:54
  in
• 12:54
  yourself,
• 12:55
  stay
• 12:55
  financially
• 12:56
  savvy.
• 12:56
  God
• 12:56
  bless
• 12:57
  you.
• 12:57
  And
• 12:57
  you
• 12:57
  have
• 12:57
  a
• 12:57
  great
• 12:58
  day
• 12:58
  today.