Teach Your Kids to Spend Less, Give More

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The economic downturn means Christmas will be a little leaner for some folks.

Watch Lorie Johnson's report and Pat Robertson's comments by clicking the play button on the media player.

That fact has some parents concerned about how their children will react to fewer toys under the tree. But's there's a right way to talk about money problems with your kids.

Less money in the family budget this Christmas can actually strengthen your child's character. Psychologist Linda Mintle says parents should reassure their children they'll be fine, while explaining money will now only be spent on things the family needs. Put your kids on an allowance or encourage teens to get a job and teach them to appreciate giving more.

"I love the tradition that I know a lot of families do, which is a gratitude list," Mintle said. " sitting down and going over all the blessings, and having like a day of gratitude before Christmas. Maybe 25 days of gratitude to get kids re-focused on the blessings that they already have."

Since Jesus sacrificed to give people everlasting joy, Christmastime is an ideal opportunity to teach children to sacrifice for others.

Teach children to give to charity and church, and to give their time to others, like at a soup kitchen or retirement home.

"Instead of sitting around having everything revolve around you, go and be with somebody else and give of yourself in a way that shows love and caring for another person," Mintle explained. "Those are good sacrifices to teach kids."

The family faith is strengthened by reminding each other that God is in control and will provide.

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Lorie Johnson

Lorie Johnson

CBN News

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