May 24, 2005 16:45
"Too many of our youth get into financial difficulty because they never learned proper principles of financial common sense at home. Teach your children while they are young. Teach them that they cannot have something merely because they want it. Teach them the principles of hard work, frugality, and saving.
"If you don't consider yourself informed well enough to teach them, all the more reason for you to begin learning. Abundant resources are available--from classes, to books, to other resources."
(Elder Joseph B. Wirthlin, "Earthly Debts, Heavenly Debts," Ensign, May 2004, 42-43)
children,
finances,
discipline,
gems,
teach