“Mom, I attract money!”: Teaching Kids a Healthy Money Mindset
- brownmoneysolution
- 7 days ago
- 3 min read
4/8/25
As we were leaving for church last Sunday, my son found a $50 bill rolled up in the grass on our lawn. At first, he thought it was a $1 bill, then thought it was $5 bill until he unrolled it as saw $50 staring back at him.
Of course, he was beyond excited.
“Mom, can you believe it?” he asked with wide eyes.
I smiled and said, “No, I can’t’!” but what he said next made me pause and smile even bigger.
“Mom, I just attract money!”
A Healthy Relationship with Money Starts Early
From what I’ve observed so far, my son has a healthy relationship with money.
Every Friday, when he gets paid for his chores, he follows a simple system:
Save – he puts a portion into his savings that he doesn’t touch.
Spend – He uses his spending money to buy things he enjoys, like video games for his Nintendo Switch.
Share – he often surprises his brother with small gifts or offers to contribute when we’re out at a restaurant.
What warms my heart most is that he’s learning to enjoy his money while saving for the future and giving to others. He’s not holding on to money so tightly that he’s afraid to spend it, nor is he spending carelessly without thought.
Why He Says He Attracts Money
And maybe…just maybe…he’s onto something.
My son finds money all the time.
Pennies, nickels, quarters – straight into his piggle bank
Dollar bills – split between savings, spending, and sharing.
And now…a $50 bill!
He knows the value of money and understands that he has to work for it. He clean his room, takes out the trash, vacuums the house, and helps clean the bathroom with his brother.
Of course, I still handle the cleaning that involves chemicals, but he knows if he doesn’t do what he’ supposed to do, he doesn’t get paid. And I have no problem holding on to my money when tasks aren’t done!
Teaching Financial Responsibility: Age-Appropriate Lessons
Yes, I know some might say, “Well, he doesn’t have real bills or responsibilities yet, so it’s easier for him.”
But I disagree. Responsibility is age appropriate.
He’s already learning the value of work and earning money.
He’s saving for a big goal - a PlayStation 5 that I told him I wasn’t buying.
He’s building discipline and money habits that will serve him for life.
These are the same habits many adults struggle with today because they weren’t taught these principles early on.
What’s Your Relationship with Money?
Now I’ll ask you:
What’s your relationship with money?
Do you hold on too tightly, afraid to spend even on things that bring you joy?
Do you spend too freely, leaving nothing for emergencies or future goals?
Do you give it all away, sometimes to your own detriment?
And here’s the biggest question:
Have you ever wondered WHY you respond to money the way you do?
April is Financial Literacy Month: Time to Reflect and Take Action
April is Financial Literacy Month, the perfect time to reflect on your money mindset and start making changes.
Educate Yourself: Read books on financial literacy.
Explore Resources: Check out blogs like the one on my website at www.brownfinancialsolutions.com
Listen and Learn: Tune into podcast like Island Money 365 for insightful financial conversations.
Invest in a Financial Coach: Get personalized guidance to help you navigate your money journey.
For Growth to Happen, You Must Be Willing to Change
Financial growth doesn’t happen by chance.
It happens when you decide to take control.
It happens when you educate yourself and make better decisions.
It happens when you shift your mindset from scarcity to abundance.
So, I’ll leave you with the question:
What steps are you taking today to improve your relationship with money?
Drop a comment below, I'd love to hear how you're moving forward on your financial journey!
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