At Bible Funmentionables, Michael Morris points out some of the Bible's advice on child rearing:

The Bible has been held up as the pinnacle of moral authority, so when the Bible says, "Do not lie," we don't lie. When the Bible says, "Do not steal," we don't steal. So when the Bible says,"Kill your juvenile delinquents," do we really have any other choice? The Bible delivers many examples of bad parenting. Lot offers his daughters to the rapacious mob of Sodom, so that the mob would be okay with not having their way with his male house guests. Thoughtful host, worst parent ever. This is the same Lot that impregnated two of his daughters, and according to Wikipedia, "Christians and Muslims revere Lot as a righteous man of God." In the famous story of the sacrifice of Isaac, God at the very last minute stops Abraham from killing his son Isaac.

Along with the above advice on child raising, I offer the follow Bible advice regarding family values (this is a posting on Facebook--I cannot determine the original creator of the image): Morris offer much more advice from the Bible, all of it reprehensible, including the requirement that we kill people who gathers sticks on the sabbath —Numbers 15:32-36. With regard to all of the above advice, the bottom line would seem to be this: Don't obey the Bible.