Home School Heartbeat Radio Program

As you teach your children to manage their money wisely, you'll find that you are simply reinforcing the Biblical principles that they are already learning. Mike Smith tells you how on today's Home School Heartbeat.

Mike:


The last, and probably the most important financial concept in our series is giving. By explaining to your child the importance of setting aside a portion of his income as a tithe you will reinforce all the other money lessons your child has learned.


A child who is just getting the hang of spending money effectively will benefit from the knowledge that he gave a person in need the opportunity to purchase necessary items.


If your daughter is beginning to work outside the house, she will be challenged by the notion that ultimately money comes from God, and a portion should therefore be returned to Him.


For your son who is learning to save by opening a bank account, he will be able to apply his giving ratio to the interest earned on his savings and take that into account as he plans his future big-ticket purchases.


The biblical teaching of giving a portion of your income back to the Lord translates into a supplemental exercise in your mathematics curriculum, as well. Not only is this a real life application of percentage calculations, but it lends itself to a thought provoking Bible study.


Jesus said, "Do not store up for yourselves treasures on earth�but store up for yourselves treasures in heaven�for where your treasure is, there will your heart be also."


And until next time, I'm Mike Smith.