This study explored generational poverty, the causes and theories on poverty, anti-poverty initiatives, and the possibility of breaking the cycle of generational poverty through teaching urban youth a Biblically based financial literacy curriculum. The study focused on youth living in an impoverished city where twenty-one percent of the population live in poverty. Using a combination of applied research and participatory action research the children participated in a five-week Biblically based financial literacy course. It found that the participants dependency on parental or guardians had a significant influence on the outcome of the future success of the program. This study asserts that the cycle of poverty can be broken in impoverished families when financial skills are taught to the children of the poor. Although structural conditions persist individual actions can make a profound difference in the children’s self-awareness, their decisions, and application of financial knowledge. Further research would be required to prove a decrease in generational poverty could be obtained through a combination of structural and individual change.