I wasn't lacking in education about money. Certainly, working for small wages from the time I was 14 has helped me understand concepts about money. But if my education was so great, why the heck am I so far in debt?
This post is one I want to remember for later. It has great ideas for teaching the little ones how to understand money. At 10 they are giving their daughter a "salary" that includes money for gifts, activities, and so forth. She gets paid once a month and will be responsible for budgeting. Brilliant!