The basis of this argument is, of course, knowing the value of money, and the idea that children of the poor know this, and those of the wealthy do not . Who though, is in a better position to teach their children the value of money; someone skilled in earning and keeping it, the wealthy parent, or someone who can not seem to acquire it, the poor parent? Both wealthy and poor children are equally likely to acquire an education in money, whether it is formal, or in the school of hard knocks. Conversely, both children are as likely to ignore this education.
A poor child may believe that one can get along, if not as easily, without wealth. A wealthy child may be well trained by a parent steeped in the knowledge of money management; the key to developing this skill is education.
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