When I was teaching in after school programs and in an elementary school, I noticed that the vast majority of the students thought if you were an adult and had a job, you could afford to buy or do anything you wanted. I saw that schools, for the most part, did not have any financial education curriculum. I also noticed that many people out there grew up being told money was a taboo subject and just wasn't talked about. So when they grew up and went out on their own, they just had to figure out how to budget, use credit cards, invest, save, etc. There is no shame in mistakes along the way, but wouldn't you rather your kids had that knowledge before going out into the world? In general, only rich people talk to their kids about money, how it works, and how to make it work for you. This is how they ensure keeping their money and creating generational wealth. Of course, I'm not guaranteeing making anyone rich, but having a grasp of how money works helps people make sound financial decisions at any income level.