5 Godly Financial Principles For Children

Have you realized that we often forget the basics of life? Imagine you instilling those basics in children what kind of generation shall we have?Anyways, let me share with you about Hosea 4:6 “My people are being destroyed because they don’t know me. Since you priests refuse to know me, I refuse to recognize you as my priests. Since you have forgotten the laws of your God, I will forget to bless your children”.



When God stops or forgets to bless our children, we end up having;

  • A cursed generation
  • Unemployed
  • Rebellious
  • Broke and poor generation

We need to re-set our way of raising our children its when we shall have a more descent society. To achieve this, we need to instill Godly financial principles in children. It is never late, you can begin now. Remember these things are not taught in school and so is faith.

God expects these to be acquired from home. Lets take a close look unto how the Jews train their children. We could easily adopt it and change the world through learning from each other. Do not get me wrong, it is mot competition or plagiarism.

5 Godly Financial Principles for Children.

The Jews teach their children how to manage money wisely in order to grow wealth. They demonstrate to the Children using 5 Jars. Today we would call that a Piggy Bank or Home Bank. The Jars are labeled as follows: Tithe, Giving, savings, investment and spending. These jars are the 5 Godly principles we are to learn and adopt because it is proven that they encourage the children not to spend every thing but through wisdom prosper.

Principle one – Tithe 10%

The first Jar/ piggy bank that contains the tithe equivalent to 10% of what is received or earned.
This teaches them from childhood t be responsible with money that does not belong to them. This goes to adulthood, to solve bribery and embezzlement of funds, this principle must be instilled in them from the childhood stage.

Tithe belongs to God. Therefore 10% of all your income has to be given back to God. By the way it is a command that benefits you not God.  Leviticus 27:30 (TLB), “A tenth of the produce of the land, whether grain or fruit, is the Lord’s, and is holy.” and Malachi 3:10-12 “Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need. I will rebuke the devour er for you, so that it will not destroy the fruits of your soil, and your vine in the field shall not fail to bear, says the Lord of hosts. Then all nations will call you blessed, for you will be a land of delight, says the Lord of hosts.”

Principle two- Giving 10%:

This is our second Giving is an extremely important part of life. We need to teach our children to give to the less advantaged. Give to charity, Parents, This account could also be of help when you have to give towards functions, help someone who is in need, taking care of your old parents etc. This is Biblical, check out 2 Corinthians 9:7 “Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver”. This attracts favor from men and God. You and your child need it.

Principle three – Savings :10%

In this 3rd jar, the Lord is straight forward in his command, Proverbs 6:6-8. “Go to the ant you sluggard. Consider its ways and be wise. It has no commander, no overseer or ruler. Yet it stores its provisions in the summer and gathers its food at Harvest”

Saving money may sound obvious, but many people fail to save. Teaching children how to save when they are young helps them to become financially free at a later stage.

• The secret to financial success is to spend what you have left over after saving instead of saving what is left after spending.
• Identify those areas where you can make sacrifices.Cut down on non essential expenditures.

• Savings will enable you to spend on bigger purchases or Assets that you would never afford.
• Savings will help you to invest your money and earn interest or profits.
• Set goals for your saving. If you save for nothing, you will spend the money on nothing.

Principle four – Investment : 20%

Ecclesiastes 11:1-3 “ Invest your money in foreign trade, and one of these days you will make a profit. Put your investments in several places — many places, in fact — because you never know what kind of bad luck you are going to have in this world…” other versions say  “Send your grain across the seas, and in time, profits will flow back to you.” 
Imagine how financial truth is right their in our eyes and we have no idea. Dear parent, guardian or caretaker, teach the children how to invest properly and wisely and you will be grateful you did.

Consider the following when it comes to investment;

when you get into Investment, have a long term view.
• Avoid Investments that promise you quick returns
• But divide your Investments among many places, for you do not know what risks might lie ahead. ( Diversification)
• Don’t start many things at the same time. Master one, then move on to another.
• Farmers who wait for a perfect weather never plant. If they watch every cloud, they never harvest. Never wait for a perfect situation.
• The greatest risk is never to risk at all.
• Invest with advice

• Don’t invest in unfamiliar business
• Avoid Investments with Astounding profits
• Help your children to invest the money they have saved.

Principal five- Spending: 50%

We tend to make this principle the first and last. It is wrong and that’s why we have lots of financial debts. Teach them to master the first four principles and this will be just a walk over. In a lay mans language, the fifth principle comes after you have taken care of your priorities and responsibilities .

Should you have a query after reading this article, just send me an email below and I shall be more than happy to guide.

Remember to share this widely in your networks because knowledge is wealth. You never know who needs this at this particular moment.

I leave you with a quote

“The person who doesn’t know where his next dollar is coming from usually doesn’t know where his last dollar went.”

15 thoughts on “5 Godly Financial Principles For Children

    • Author gravatar

      Its great to have found your site so that I can remind myself of the way the Lord rec*mmends our children should be raised to manage money.  The verses you quote offer great guidance, particularly at a time such as now when things are so confused in the world. I was aware of tithing, it’s fascinating to see the references to saving, giving, & investment t*o. Also, fantastic to see your NGO experience. Do you bring your own children up on the basis of the way you have outlined here?  If so, good for you.

    • Author gravatar

      this is an awesome articleFrom the time your child is born you have an opportunity to model the
      process and benefits of walking out financial responsibility. At the
      same time, there is a time when you need to begin teaching these
      financial principles to your children. thank you for the insight that you have given. it is indeed of great help.

    • Author gravatar

      These 5 principles are so important to teach our children.  Unfortunately, many adults don’t know them so they can’t pass them on.  As a little kid, I got 10 cents a week if I did all my chores.  My dad gave it to me in pennies so I could take 1 to Sunday school with me.  That lesson and many others have always stuck with me.  I am going to point out your article to my kids.  We tried to instill this in them, but I don’t know about how it goes with my grandchildren .

    • Author gravatar

      Hello there, it’s really come to a point where we all have to be careful how we deal with our kid and that is really important because they need to grow up to be really responsible people and they tend to learn from how we the parents treat them and that is how they will grow. This is one very nice idea and I’ll go with it 

    • Author gravatar

      Hello there – Such an amazing artilce on Financial principles for children. Thank you for sharing this. It was super interesting to read about the the 5 jar concept to demontrate to children. In my opinion all 5 principles were brilliant, I will surely be sharing this with my kids and try the Jar concept with them. 

    • Author gravatar

      Thank you so much for all that you have shared here. It really makes a whole lot of sense swing this herem honestly speaking, I value it all here. If I can, I will try all my best to stick to this and ensure I can live my life while being guided by this here. Really great to have such reading here

    • Author gravatar

      Great article to promote good money management in your children. Even though not Christian myself, I love the ideas you put forward and am glad I came across your article. I will definitely look to inculcate these good habits in my daughter who is 5 right now. Thanks so much for sharing! 

    • Author gravatar

      I think it’s an amazing idea to introduce the concept of money and finances to your children from as young as possible so that way they learn to be fiscally responsible as the years pour in. These ideas or principles that you have enumerated in this article are noteworthy and I think parents would do well to learn them. 

    • Author gravatar

      It’s always good to train our kids in the ways of the Lord and everything moral should be what they incorporate into their daily life as it helps them become a better person. These financial principles are very essential for children and it’s very thoughtful of you to share it on here, I’ll make a good use of it, thanks for sharing.

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