I disagree with this approach, particularly with minor children who are still under our care and influence. Once they become adults they will likely make their own choices much as I did but until then, they are our responsibility.You know, I mean this out of love so don't take this the wrong way,.. but even though the Bible says that we should train up our children in the way that they should go,.. sometimes we also have to step back and make their own choices. Will mistakes be made? Most definitely, but we just got to hope and pray that they will learn from them and make the right decisions and that if they are lost they will come to know Christ because that's all we can really do as parents. We can only sow the seeds, the rest is up to them and God.
In fact, what you describe very much explains the approach I took and the results speak for themselves. Bear in mind there are always exceptions in either direction but I'm speaking generally. If we as parents don't first live the life we are called to by the Christian title we claim and then do not make certain that our children know it, they will not know Christ as they aught. Faith comes by hearing, and hearing by the word of God. (Romans 10:17)
Developing daily Scripture reading and prayer life isn't something we will instinctively do. We are sinners and more likely to rebel against God. It starts in the home.