amandasit1-247x300Why did you choose to homeschool your child? I had many reasons why I wanted to homeschool my children but most of all, I wanted to be in control of the subjects that my children would learn, so they would thrive financially once they left my protective nest.

In school we have to simply hope and pray that our children will learn about money but most schools don’t teach this subject. They don’t have the funding, and they don’t have the knowledge to teach it to our kids. Our kids deserve better. We need to teach them not just how to get a job they hate to pay their bills, but how to earn money doing what they actually love to do!

And that’s what’s so wonderful about homeschooling our kids. We get to choose the subjects they learn. Besides learning the basics, like reading, writing and calculating, we need to teach them how to handle their money wisely. We need to teach them how to take their passions and natural talents and turn those into an ongoing, income for themselves so they would have the time and money to really enjoy their lives!

Money is not everything but if you have no money, then life is very hard. Money is neither good nor evil. It’s simply a tool. If you are a bad person and you make a lot of money then you will probably do bad things with your money. On the flip-side, if you are a good person, then with more money you will end up doing more good in our world.

Homeschooling gives us the opportunity to spend quality time with our kids to teach them how to make their money work hard for them. Schooled children can learn this too, but as homeschooling families we have the luxury of including money as a subject to our child’s daily lessons.

How can you include money lessons into your daily homeschooling lessons? Easy. Money doesn’t have to be a hard or boring subject. It can be fun and exciting.

Here is how you can incorporate the subject of money into your child’s daily life:

  • Begin by getting your child to write down all the goals that they want to achieve. In our case, my kids wanted to save up for a new gaming system. Maybe your child wants to go to an amusement park; maybe they want to buy something special. It doesn’t matter what the goal is as long as your child really wants it.
  •  Next, have your child draw up pictures of their goals and post these on a corkboard in their room to remind them daily of their dreams to keep them on track.
  • Then sit down together and come up with some fun ways they can make their own. My daughter came up with a great idea to write and illustrate a children’s book to remember our dog, who had recently passed away. It helped other kids cope with the loss of their own pets. What interests or talents does your child have that they could use to come up with a creative way to earn their own money?
  • Once your child earns their own money, have them divide their money using this “6 Magical Piggy Banks” system. It will help them save up their money so they can not only buy their goal but so they can also learn how to be in control of their money so their money will work hard for them rather than your child always having to work hard for their money!

Here are The 6 Magical Piggy Banks that my children use:

  •  GROW – money for investing in other money making ventures (i.e. buying lemonade and cups for a lemonade business)
  •  GIVE – money for giving to a charity of their choice to help others
  •  RAIN – money that is saved for that rainy day emergency, otherwise never to be touched (i.e. to fix their bike that they need to ride to school)
  •  LEARN – money for further learning and personal growth (i.e. for college, or for learning a new talent, like ballet or soccer, etc.)
  •  GOAL – money saved specifically for their personal goal (i.e. a new gaming system, a trip to an amusement park, or a special toy, etc.)
  •  FUN – money to spend whenever they like on whatever they like (within reason of course)

Setting goals, figuring out ways to earn their own money and teaching them how to manage their money so their money works hard for them is just the beginning. It’s a very fun way to get started teaching your child about money.

Homeschooling gives us the opportunity to raise money smart kids. We don’t have to hope that our child’s school will teach our child about money. We have the luxury to decide what topics we wish to include and make important in their daily lessons. Start simple and keep it fun.

Here’s to your child’s financial happiness!


Author Bio:  Amanda van der Gulik has been homeschooling her own two children for over 11 years and is the founder of, Visit Amanda’s site today to grab your FREE copy of her eBook, “50 Money Making Ideas for Kids and Teens” or her “The 6 Magical Piggy Banks” cartoon.

Thank you Amanda!

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