In everything set them an example by doing what is good. Titus 2:7
A budget for children is a plan for managing their money as they make it. The simplest budget for a child has four parts. 10 percent for giving, 40 percent for spending, 25 percent for long-term savings (college, cars) and 25 percent for surplus(reserve fund).
Taken from the Investing for the Future calendar by Larry Burkett.
(I need to really use this budget for my own self!)
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