Who shouldn't learn how to manage money?
Them wot has no money.
Never expect to have any.
I haven't had much success in encouraging my son to learn how money works, as he has lived rather hand to mouth and didn't have surplus.
Now ... his mom passed from this dimension of life a couple of years ago.
All of a sudden, he's somewhat more insterested in how to manage money.
How does one move from Grade 4 to college in one fell swoop?
As someone said at our monthly investment meeting a while ago, "The tuition as one learns to manage money and investments effectively usually is substantial".
A while ago someone here said that the spouse involved wasn't much interested in money management.
Would deal with that issue if the capable spouse now managing it was gone.
A lot of the records would be available.
But not the skill of the earlier manager. And the bereft one wouldn't be able to ask questions, as is now possible, while the current manager is available.
I suggested that she suggest to him that, when he sits meditating on commode next time, he imagine that the sheet of paper on the nearby roll is a $50.00 bill.
And the time after that, same procedure.
When he asks how many times he should do that, the answer should be that no one knows - it depends on how much of their asset he wastes making (foolish mistakes)/unwise decisions about current use of money plus investment decisions after the present manager has departed.
Good wishes for learning how not to get burned in managing money - by experience gained by learning from the mistakes of others.
If you don't boss the bucks - they (or the shrewdies who run them in quantity) will boss you.
Witness the fees involved in these payday loans.