Dave Ramsey’s Financial Wisdom From ProverbsSample

Day 8: Leaving a Legacy

When my children were teenagers, one of them came to me complaining about how "hard" it was to be a Ramsey kid. She whined about having to buy her own car
and learn to manage her own checkbook when her friends didn't have to.

"You cut us no slack," she said.

She was right. Sharon and I did expect a lot from our kids, and we worked hard to make sure they understood the biblical principles of giving, saving and
spending. But we didn't do it to be mean. We did it because we want wealth to be a blessing to our children - not a curse.

See, I've checked the statistics, and I know that 100% of humans die. We all have an expiration date in terms of our time on earth, and Sharon and I are no
exception. And one day our three children will inherit everything we've built and saved.

I reminded my daughter that the inheritance we pass to her and her siblings will either bless their lives beyond belief or ruin their lives beyond repair.
And the difference rests in our ability to teach them how to handle money right now.

I see that truth spelled out in Proverbs 13:22. As a believer, I should be using my wealth to make a difference in the world. But I'm also called to leave
a legacy for generations to come. Leaving a legacy doesn't just mean leaving them some money; it means leaving them with the character to manage that money
from a biblical perspective.

If you have children, you have legacy responsibilities as well. Make sure you have a will that is current and appropriate for your state laws. It should
explain how your assets should be distributed, but it also needs to answer questions that could be asked when you pass - like custody of minor children, your
feelings about life support, and your organ donor wishes.

And if you aren't teaching your children how to handle money, you need to start, regardless of their age. After all, the best financial legacy you can
leave is a generation of wise and competent stewards.

Do you have teenagers? Are you looking for a way to teach your teens to be who God created them to be and how to handle their money responsibly?
Generation Change is an all-new suite of Bible studies designed to lead teens to a better understanding of God, themselves and their money. Visit daveramsey.com/gc to learn more.