Biblical Answer

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Your Question:

How do I tell my kids I'm in debt?

Answer:

Telling your kids you're in debt can be a tough conversation to have, but it's essential to be honest and open with them. As a pastor, I believe it's crucial to teach your kids basic biblical and practical concepts about the stewardship of finances. This includes how to make a budget, stick to a budget, and avoid debilitating debt. It's also essential to teach them how to handle credit and debit card offers, and why paying bills on time matters.

As a parent, it's also important to model responsible financial behavior in front of your kids. This means being transparent about your own financial decisions and struggles, and showing them how to make wise choices. By doing so, you'll help them develop a healthy attitude towards money and a sense of responsibility for their own financial well-being. As they grow older, you can also involve them in household chores and give them a sense of ownership over their earnings, teaching them the value of hard work and the importance of contributing to the family.

When the time comes to tell your kids you're in debt, be sure to approach the conversation with empathy and support. Avoid making them feel guilty or responsible for your financial situation, and instead focus on teaching them the skills they need to manage their own finances effectively. By being open, honest, and supportive, you'll help your kids develop a strong foundation for their financial future and a deeper understanding of God's role in their lives as provider and guide.

Sources:

raising passionate jesus followers
phil diane comer
raising kids to follow christ
lee ann mancini
sacred marriage
gary thomas
power of a praying wife
stormie omartian

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