It also stands to reason that the children of wealthy parents are also taught how to handle money, etc. See the book "Rich Dad Poor Dad" by Kiyosaki. It's really too bad that public schools teach nothing about accounting, finance, the time value of money, the basics of how business operates, stock market fundamentals, taxes, etc. They graduate kids who are wholly unequipped to function in a free market economy.
You can read in this very thread how people react to that. This wouldn't work. Parents would revolt if you taught kids that.
Above all, people deal very poorly with confronting their own failings. Getting their kid to criticize their financial and economic decisions (which is what this will do) ... that's going to go down VERY badly.
My high school had a personal finance class (I recall it was required) where you had to pick an occupation, research a typical salary, and then put together a monthly budget based on that salary.
