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Also, why aren't kids taught about money? Everybody needs it, but it never gets a mention in schools. The importance of living within their means; the dangers of debt; the pros and cons of entrepreneurship.
Yes, they need to learn the real meaning of things like "Nothing to pay until 2013" (sign on a sofa store I walked past yesterday) and understand that deferred payments = deferred pain (and potentially much more than paying for things today).