Yes, I also think that children need all type of education not only financial education. These days its essential to teach your kids yourself about the good and bad because the world is changing at so fast speeds and those times are gone when you could allow you children to learn at schools or academies.

I believe that best teacher for a kid is their father and their mother because they really try their best to protect their children from the wrong side of the society and in such case social awareness is also important these days. Once your children know good and bad then you may proceed to teach them about finances.