"By giving kids an allowance, you teach that child to work for money rather than learn to create money." ~Robert Kiyosaki~

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Real Life Money Management's
Family Quiver Principle
 for Kids and Money

Okay we're talking about kids and money so start by taking a deep breath.

I would also recommend you visit my Homepage and the About Me page and then come back here to read what I have to say about children and money here at Real Life Money Management.  If you've already read those two pages you'll understand where I'm coming from with the following, so read on.

With this lifestyle principle, I’m going to ask you to take a view of your children and financial situation that you probably have never taken before. This is a lifestyle view that is probably completely opposite of everything you’ve ever been taught. As a matter of fact this is going to be one of the toughest Real Life Money Management's Guiding Principles for you to grasp.

There it was. Now was that so bad? Only thing is, now that you know it you need to live like you know it.

You may be wondering, what does this concept have to do with money?

 Remember our concept that good money management has as much to do with lifestyle and behavior as it does your knowledge of money management. Anyway, when you get to our real life strategies we’ll discuss more money specifics related to children.

If you view kids as a liability, that is how you view yourself and ultimately all of your fellow humanity, including your loved ones. Once you start treating your children like the blessing they are, the better off your family will be, both financially and emotionally.

Don’t think putting money ahead of your children will make you better off financially. That is nothing but an empty promise.  Any short term financial gains you may attain will eventually be replaced with regret in your later years.

 

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We have eight kids and it amazes me how many people ask, how do you do it? The reason people ask this is because too many people view children

as a liability rather than a gift. They feel children are a financial burden.

They’ve bought into the concept that its kids or money rather than kids and money when it comes to their financial situation and children.

We often get statements about how much it cost to raise a child.  Like we don’t know. Actually, what people believe about children is way off base. They have bought into a false mindset that leads them to think that raising children is much more expensive than it really is. They let their kids and money become a mindset of kids or money. Anyway, whatever we spend on our kids, I really can’t name one thing in my life that I would rather have spent my money on. Your return on investment in children is of such value it is not measurable.

This is an entirely different worldview than you are used too, but it works for the best.

The Bible says, “For where your treasure is, there your heart will also be.” So you have a choice. Look at it as kids or money and there lies your treasure and it will probably be the money. Look at it as the Family Quiver Principle and there lies your treasure and it will be the children. A little tough to swallow but in reality it’s not too complicated is it?

This lifestyle principle is simply asking you to be open to life and treat children like the gift they are instead of taking them for granted. Remember it’s the Family Quiver Principle and your children are like arrows. These arrows you will shoot out into the world will be your greatest legacy once you’re gone.

When you think about your kids in financial matters think of them as kids and money not kids or money.

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