I. PARENTS ARE RESPONSIBLE FOR TEACHING CHILDREN GODLY PRINCIPLES AND PRACTICES OF LIFE (including money management)
Only give heed to yourself and keep your soul diligently, lest you forget the things which your eyes have seen, and lest they depart from your heart all the days of your life; but make them known to your sons and your grandsons (Deuteronomy 4:9).
These words, which I am commanding you today, shall be on your heart; and you shall teach them diligently to your sons and shall talk of them when you sit in your house and when you walk by the way and when you lie down and when you rise up (Deuteronomy 6:6-7).
You shall therefore impress these words of mine on your heart and on your soul; and you shall bind them as a sign on your hand, and they shall be as frontals on your forehead. And you shall teach them to your sons, talking of them when you sit in your house and when you walk along the road and when you lie down and when you rise up (Deuteronomy 11:18-19).
Train up a child in the way he should go, even when he is old he will not depart from it (Proverbs 22:6).