How do I teach my children about biblical money principles?

Are you worried your children might repeat the same financial mistakes you made growing up? Ralph Estep Jr. addresses this common concern by sharing effective strategies for teaching children biblical money principles that can foster lifelong financial responsibility. He emphasizes that understanding money management isn’t just about numbers—it's about creating a legacy that impacts future generations. Through a heartfelt listener question from Ingrid, who fears her daughter’s materialistic tendencies, Ralph explores the importance of aligning financial decisions with faith and values. With practical advice on earning, saving, spending, and giving, this episode aims to equip parents with the tools to teach their children about biblical money principles and instill sound financial habits while navigating today’s materialistic culture.Read today's blog articleCheck out the full podcast herePodcast Timestamps:00:00 Episode Overview02:55 Listener Question: Ingrid's Struggle07:22 Bible Verse10:12 My Gratitude Statement11:18 Statistic About Youth And Materialism13:23 Personal Story: The Claw Machine Incident18:34 The Four Components of Money Management27:43 Visit https://www.askralphpodcast.com/blog/ for Free Financial Resources 28:07 Call to Action31:07 Reflection Questions32:51 ConclusionTakeaways: Teaching children biblical money principles fosters a legacy that impacts future generations. Starting early with money concepts, like piggy banks, helps children understand finances. Parents can model financial responsibility by discussing budgeting and sharing successes and setbacks. Involving kids in financial decisions encourages understanding of budgeting and responsible spending. Using interactive tools, like money games, can make financial learning fun for children. Encouraging charitable giving helps children learn the importance of stewardship over materialism. Links referenced in this episode:Ask Ralph Insiders Community https://mailchi.mp/askralph.com/groupAsk Ralph Show Live https://askralphpodcast.com/liveWhat is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/ Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/https://www.askralphpodcast.com/blog/ LISTEN NOWWATCH NOW ON YOUTUBE (OUR VIDEO VERSION)WATCH NOW ON RUMBLE (OUR VIDEO VERSION)