Kosher Money

The Jewish Parent’s Guide to Money, Work and Family

10 snips
Mar 11, 2025
Moishe Bane, a Rabbi and lawyer with extensive experience in investing and community leadership, joins the discussion to tackle the stress surrounding money. He dives into how financial pressures can strain family dynamics, emphasizing the importance of genuine connections over material wealth. Bane shares insights on balancing work and family, critiquing modern overwork trends. He stresses that effective parenting shapes children's financial values and the need for meaningful community involvement, ultimately advocating for a shift in how we perceive success.
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INSIGHT

Family Finances Like a Business

  • Families should treat household income and lifestyle like a business, focusing on profit not just revenue and expenses.
  • This mindset helps control spending, accumulate wealth, and make smarter financial decisions.
ADVICE

Model Money Lessons to Kids

  • Model healthy money behaviors for children instead of lecturing them.
  • Show them how to handle success, restrictions, and stress by your actions, not just words.
ANECDOTE

The Big Lie About Working for Kids

  • Parents often justify long working hours as being for their children, but it's often a self-excuse.
  • Children want authentic relationships, not luxuries or indulgences.
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