I think it is so important to teach our children how to manage money. Often parents think that their children will just figure it out on their own. However, it can’t just be assumed that they will naturally learn to save and spend responsibly. We can help them so much by intentionally teaching them how to save, tithe, manage on line accounts, etc. From my readings, one method mentioned to teach, is to give children an allowance and let them manage from that money. Well, what if you have a gazzilion children and you just can’t afford to dole out that kind of cash? I was a bit stumped initially on how to facilitate money management, with no money to work with. But it ended up working out. How did it work out? Our children got jobs. And from that money, we taught them to save for their current and future needs and to tithe.
Our kids save for ski days, clothes, shoes, treats, school supplies, College Camps, Youth Group trips, field trips, bus passes, bikes, cars, travel, hair cuts, dance classes, Drivers Ed, music, movies, college classes, sports, the list goes on. Our kids even save $600 towards the cost of their orthodontia. Maybe some people think we are depriving our children by requiring that they provide their own entertainment, treats, and some life necessities. But you know what? Our kids appreciate what they have. And occasionally, when we can help them out with expenses, they are grateful to us. They do not act entitled. They do not just assume that someone will pay their way in life. They don’t take advantage of people. Allowing our children to make their own money and requiring that they purchase their own wants and needs, has taught our children so much. It has helped to shape their character and to develop integrity.
This all sounds fine and dandy, kids earning money, learning to be responsible, etc. But you may be wondering-where do they get these jobs? Well, if you’ve asked this question, it’s a good one. Once your child reaches 15 or 16 years old, it’s really not too difficult for them to find a job. However, often businesses won’t hire children under 15 years old. When our children are younger, like 11, 12, 13, etc,- what kind of jobs can they undertake? Our kids often babysit for money. And when they are younger, we just have parents bring the children to our house. This way, I’m here and can make sure everyone is safe. My younger kids also dog sit, clean houses, cook meals, rake leaves, pick up dog poo, mow grass, and play cards with the elderly. Our older kids have worked in fast food, grocery stores, nanny services, home health care, the list goes on.
When you have a large family, you have built-in life lessons for your children. We don’t have excess money, so if our children want to do the extra’s in life, they need to make that happen. In todays culture, I think parents are overcome with toxic shame-the little voice in their head that tells them, “If you were a better parent, you could provide more, do more for your children.” Well, we don’t buy into that shame shower. We believe that children grow and mature when they see that they can work hard for something they want or need, and they reach their goal. They learn that they are capable, intelligent young people that have a lot to offer this world.
over indulged kids, don’t want to move