You are so excited when your son’s eighth birthday arrives, you can hardly contain yourself. Your son opens the small box you give him, stares at what is inside, then picks it up with his thumb and forefinger. “What’s this?” You explain that it’s a whole ounce of pure gold and is very expensive. He continues to look at it. Then he asks, “But what can I do with it?” You now realize this expensive gift was a total flop. You were planning on giving him one each year and were sure it would kickstart his saving for a debt-free house.
A month later, you see him happily riding a new bike. Puzzled you ask, “Son, where did you get that bicycle?” He cheerfully replies, “Joey sold it to me.” “Where did you get the money for it?” His response, “My birthday present. I gave him my gold for the bike. Isn’t it great?” Glug.
Most dads understand how difficult it is to teach children the value of money. However, to teach our children to treasure what is of greater value is a difficult undertaking.
There is something far more important than teaching our children to value money – teach them to value time. Time gets us money and other things of value. We can always get more money, but time is vastly limited.
“Redeeming the time, because the days are evil” (Ephesians 5:16).