What exactly are we teaching them about money by simply paying them an allowance?

You are bringing up a child who will be a future husband or wife, a missionary or a volunteer worker in a foreign land, a states person. They could be someone of great influence, even a president.

A future entrepreneur?
This young man or women may one day own their own business, or they may simply end up work for someone else or in Corporate America dedicating their lives to building a giant for someone else.

Wherever they are or whatever they do MONEY will pay a big role in their lives right?

So what are your children learning about money during their young years?

• Are you equipping your child to be a successful entrepreneur or investor?
• Are they simply being taught to work hard and hope for the best?
• Are they being taught the right value of money. Valuing money above relationships can be as harmful as not placing any value on money at all (easy come, easy go syndrome).

Too many children grow up thinking that money really does grow on trees or that Mum and Dad have an endless supply.

Then they get married or set up a business (or both) and often fail because of their inability to value and handle money.

So here is a challenge for you as a parent:

• Is your child being taught how to handle money?
• Are you teaching your children the value of money?
• Are you teaching your children to EARN money?
• Are you inspiring and training young entrepreneurs?

It is never too early

to teach children about money.

Take a look at this video, and then click on the link below to learn more about different ways to teach your children about money:

Get your copy of “Teach your children about money” right now!

The economy has had an effect on marriages and relationships that many probably did not expect. For example, couples that were headed to divorce court ended up staying together because they could not afford the cost of a divorce.

One thing is for sure, if they were not discussing money before they are now. Couples that had not talked about finances are now in the position of having to talk about money because of the effect the economy on their personal finances.

If you are in one of these positions, it is a good thing that you are now talking about money. Whether you really thought about it or not, money has many roles in our lives.

• It provides income.
• It allows us to purchase groceries.
• It enables us to put gas in the car.
• It enables us to pay bills and many other things.

Yet so many people have been in their marriages without discussing money. Therefore, when times get difficult and finances are less, stress sets in and so does blame.

In order for your relationship to be successful day in and day out, you both as a couple must agree to discuss finances without pointing blame.

Let me share a secret with you, I bet that neither of you (husband or wife) was taught how to manage money and so you dealt with it based on what you saw while you were growing up and so you learned on your own. That means you basically managed your money by trial and error.

I applaud you for reading this because now you are in a position to start over and make better decisions. Let me share with you two steps that can lead you in the right direction.

• First and foremost, forgive yourself for any financial choices you made that have caused financial stress.
• Second forgive each other and agree to move forward together.

Dr Taffy has prepared an excellent course about managing finances in marriage which is available on 5 CDs. It comes with a downloadable instruction guide and another downloadable guide to credit and budgeting.

This course will greatly empower your marriage and family relationships as you study and plan together to improve your financial stability. The results of right relationship to money also include a brighter future and less or no arguments because of finances.

May All Your Relationships be Successful!