Gordon Ramsay is speaking out about teaching his children the value of money

On the picture: Celebrity Chef Gordon Ramsey participates in the drivers` parade before the Formula 1 Las Vegas Grand Prix, in Las Vegas, USA, 18 November 2023. EPA/CAROLINE BREHMAN

The renowned chef said that he pushes his children to save money by matching their savings at Christmas, "People" reported.

"Every time they got their allowance every month, a couple of hundred dollars if they save that up across the 12 months, I would match that at Christmas for them," Ramsay told Josh Scherer, the presenter of the show.

He went on to say that it was a method for his children to think about money and do meaningful work.

"They've got to stay true to their form by saving every dollar," he added. "And so when you start that practice — at sort of 10, 11, 12, 13 — they got their part-time jobs, all of a sudden their minds are focused about their career paths."

The 57-year-old went on to say that he was raising his children "opposite" to how he was raised.

"They are super disciplined, and they are on it, man," he said.

Ramsay also said how he tells his children not to take their riches for granted.

"When we used to start traveling, and you know, sitting in amazing business or first class, I'd always say to them, 'Think what you could do with the money when you get there,'" he remarked. "And don't expect us to pay $10,000 on a business-class ticket because you're a Ramsay. "Take a right."

Ramsay and his wife Tana have six children. Megan, Holly, Jack, and Matilda are all in their twenties. Oscar is four years old, and Jesse was born in November.

This is not the first time the famous chef has mentioned teaching his children the importance of money.

In an April 2017 interview with The Telegraph, Ramsay stated that he had no intention of leaving his riches to his children in his will.

"It's definitely not going to them," Ramsay told The Telegraph, "and that's not in a mean way; it's to not spoil them." "The only thing I've agreed with Tana is they get a 25 percent deposit on a flat, but not the whole flat." /BGNES