Tax Day is coming up pretty quick, and you better start getting your papers in order. You probably are not fond of the idea of giving back to the government; I love this quote from an unknown author “People who complain about taxes can be divided into classes: men and women.”
Paying taxes isn’t a government thing, it is a personal issue. Money is a private matter to us and sometimes it can be hard to talk with our children about because of the personal side of it.
This month, I am talking about learning how to handle money and for many of us it brings up many emotional reactions. Some of us grew up without much, and some of us grew up never even thinking about it…until we had to. But no matter if you have a little or a lot, it is important for your teenager to know how to earn, spend, save, and handle their money in the right way.
We must first teach them the attitude they should have about money. In Philippians, Paul very specifically tells us to be content!
Philippians 4:11-12 says,
11 I am not saying this because I am in need, for I have learned to be content whatever the circumstances. 12 I know what it is to be in need, and I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or want.
That seems so simple yet so hard at the same time! If we are content, money can’t control us. According to www.debt.org the average credit card debt for undergraduate is $3200, and by the time they graduate will have almost $8000. That means young men and women are already behind in life, because they not content with what they have while in school.
If we are content, we can make wiser decisions with the money we have. But please know that contentment does not mean lazy or without drive. On the contrary! It just means you recognize the blessings that God has already given you.
Then we teach our teens that they must control their money or their money will most control them. And when money controls us, it limits our decisions and even our freedoms! Whether you believe debt is right or wrong doesn’t change the fact that it controls our friends, our churches and our government. We must not let debt control us, and we must teach our teens what debt is and how it can affect their lives. Immediate gratification is the birthplace of debt for many, and our teens need to know what that looks like!
The topic of money can be very arduous or can be very exciting, and I am learning it has a lot to do with our attitude towards it!