Financial Peace Junior, now called Financial Peace Kids, is a financial literacy program by Dave Ramsey. It teaches kids about money through fun activities, helping them learn to earn, save, spend, and give.
Most homeschool families report completing core academic subjects in 3-4 hours per day for elementary students, compared to the 6-7 hours typical of traditional schools, due to the one-on-one instruction and absence of classroom management overhead (NHERI, 2024). According to the National Center for Education Statistics (NCES), approximately 3.3 million students were homeschooled in the United States as of 2023, representing roughly 6% of the school-age population.
What is financial peace junior?
Financial Peace Junior, now known as Financial Peace Kids, is a program designed for families. Created by Dave Ramsey and Ramsey Solutions, it teaches kids the basics of money. The lessons are interactive and include games and real-life practice. Instead of giving kids an allowance, they earn money by doing chores. This connects work with income early on. Each lesson is quick, about 10 minutes, so it easily fits into your homeschool routine.
What's included in the kit
The Financial Peace Junior kit is in its 4th edition and has everything you need to get going. You’ll find a Parent Guide with easy steps, a Junior's Activity Book packed with illustrations and coloring pages, and a Smart Kids Launch Pad Chart with stickers for rewards. It also includes a magnetic Chore Chart and durable envelopes for Give, Save, and Spend. Plus, you get a free digital copy of Smart Money, Smart Kids by Dave Ramsey and Rachel Cruze. If you have more kids, sibling kits can be bought separately.
Core concepts taught
The program focuses on four key money principles. First, Working shows kids that money comes from effort, not just receiving it. Spending teaches them to make smart buying choices. Saving encourages kids to set money aside for future goals. Lastly, Giving helps them develop generosity. These ideas build on each other, giving kids a solid understanding of managing money for life.
Why homeschoolers love it
Homeschoolers appreciate how this program fits into their lives. It’s flexible and practical. Kids use real money or play money with the envelope system, making money concepts clear and fun. The chore system not only teaches kids about money but also instills a work ethic. Parents love that it requires little prep time—just open the guide and you’re ready. Plus, it works well for families wanting faith-based lessons in their financial education.
The bottom line
Financial Peace Junior offers a fun and hands-on way to teach kids about money. With short lessons, engaging materials, and a system that connects work to earnings, kids really learn. If you want a structured way to raise financially savvy kids, this program is excellent. It does not take up much time, and its biblical foundation resonates with many homeschool families. If you're looking for something secular, you might want to explore other options.
