Moneywise On Oneplace.com

“Train up a child in the way he should go; even when he is old he will not depart from it.”- Proverbs 22:6God’s Word tells us that children should be taught early how to live wisely and righteously, including how to handle money. Howard Dayton is here to explain why it’s especially important to teach kids about the dangers of debt.Howard Dayton is the founder of Compass Financial Ministry and the former host of this program. He is also the author of a number of books on the topic of Christian Finance and Stewardship.  The Little-Big Principle: Starting SmallThe Little-Big principle is based on Luke 16:10: “He who is faithful in a very little thing is faithful also in much.” This principle encourages parents to start small when teaching children about money. The idea is to give kids small amounts to manage, like nickels and dimes, and then gradually increase the amount as they prove responsible. Eventually, they’ll be prepared to manage larger amounts of money.Parents should aim to steadily increase their chil