Money matters. Money may not be
able to buy you happiness but it will pay the rent, buy your groceries, and pay
for whatever else is important to you. Money
matters.
Good Dads teach their children about money because money matters. Good Dads teach their children about all
kinds of things that matter. Good Dads
teach their children how to read and how to ride a bike. Good Dads teach their children about good
manners, dating, and sex. And Good Dads
teach their children about money.
Because money matters.
By teaching your children about money you teach your children about
values. The way we spend and use money
reveals a lot about our values and what is important to us. The
point here is not to judge another person’s values and what is important to
someone else. Rather, the point here is
to our children that money matters and that money represents our values.
Last year my boys wanted to go sky diving. They saved their money and spent $200 each to
jump out of a perfectly good airplane. I
thought they were nuts. They could have
given the money to the pilot and told him to throw it out the window. But it was important to them.
As a Dad, I want my boys to make choices based upon their values. For strong, healthy boys with few
responsibilities going sky diving was a good choice even if a bit extreme. For me, a 56-year-old man with an artificial
hip, I choose to keep my feet on the ground and to live through by boys’
adventures.
I like to teach my boys you can have almost anything in life; you just
cannot have everything. It is a matter
of choices based upon your values. From
the time the boys were 8-years-old they have had jobs of some kind. They have contributed to their portion of
family vacations, their college tuition, and their first car.
As a Dad, it is important to me that my boys are generous. I would rather have generous children than
children who have whatever they want. I
teach my boys to set aside 1/10 of their income to give away. If it costs $200 to sky dive then my boys’
need to know that there is a cost to being generous. I believe if my boys are generous first then
there will always be enough left over for the needs and desires. They will have to make choices. They
might have to make sacrifices. They might have to wait. But there will always be more than
enough.
I hope this is helpful. It is
not easy to be a Dad. It might sometimes
seem crazier than jumping out of an airplane.
But you are not alone. By talking
together and encouraging each other we can all learn to be better Dads. We can also teach our children about
important things in life and that money matters.
Jeff Sippy, a Dad-In-Training, is the father of three young men and the husband of Cindy. He enjoys sailing every chance that he gets. He is the senior pastor at Redeemer Lutheran in Springfield, MO and can be reached for question or comment at jsippy@rlcmail.org.