We all want to teach our children healthy money habits. Even better, we want them to grow up and be able to give, save, and invest.

There are two main methods in the media: staying debt-free and becoming a capitalist. They each have their time to shine in someone's life.

I tried the debt-free way of life and could never get ahead financially. It wasn't until I became a capitalist that I enjoyed having extra resources.

You can't run a household without maintaining a tight budget. However, becoming a capitalist will help you put more money into your account every month.

If our kids can understand and leverage both methods, they can become happy, healthy, and well-adjusted adults. Good Luck!