Parenting From The Source

Biblical stewardship is something we want our children to learn. (For more on teaching stewardship, see Allowance and Stewardship.) Perhaps more than any other area, children watch their parents closely to see how they handle money. We Must Be Living Examples To teach Biblical stewardship, we must follow these principles in our own lives. Our [...]

As we teach our children how to manage their allowances, a foundational truth they need to learn is that we are only stewards of the money and resources God provides for us. A steward manages what belongs to someone else. There are four principles of stewardship our kids need to learn. God Is the Owner [...]

When our daughter was a college freshman in 1987, her roommate had $1,000 to spend each month in addition to clothes and other expenses. Even today, that’s extravagant. How do parents decided how much allowance to give their children? Resources and Individual Needs Determine Amount There’s not a correct amount for all kids, because needs [...]

If an allowance is treated as a teaching tool for stewardship, it should not be dependent on chores. Being Part of Family Means Responsibilities Our children have certain responsibilities that go with being part of a family. My dad had a rather quaint way of expressing this concept: “Since you put your feet under the [...]