How do I prepare my children for the financial responsibilities of college?

In this short video (2:30), Ron continues a Virtual Feedback Loop series on training children to manage money. This week, Ron talks about preparing your children for the financial realities of college life. He reminds us that training children is a process and that their departure for college is just one part of that process.

As always, Ron’s encouragement to you is to go back to God’s Word to restore your faith. Take a moment to consider the following Scriptures on training children and maturity, and meditate on their Truth and their application.

Proverbs 22:6 (NASB)
“Train up a child in the way he should go; even when he is old he will not depart from it.”

Romans 12:1-2 (The Message)
“So here's what I want you to do, God helping you: Take your everyday, ordinary life—your sleeping, eating, going-to-work, and walking-around life—and place it before God as an offering. Embracing what God does for you is the best thing you can do for Him. Don't become so well adjusted to your culture that you fit into it without even thinking. Instead, fix your attention on God. You'll be changed from the inside out. Readily recognize what He wants from you, and quickly respond to it. Unlike the culture around you, always dragging you down to its level of immaturity, God brings the best out of you, develops well-formed maturity in you.”

2 Corinthians 13:11 (NLT)
“Dear brothers and sisters, I close my letter with these last words: Be joyful. Grow to maturity. Encourage each other. Live in harmony and peace. Then the God of love and peace will be with you.”

Hebrews 2:10 (NKJV)
“For it was fitting for Him, for whom are all things and by whom are all things, in bringing many sons to glory, to make the captain of their salvation perfect through sufferings.”