There has been considerable debate about children's money management, which has divided public opinion into two main groups. One group of people believes that school teachers should be responsible for taught children how to manage with finances, whereas the other group claims that responsibility should fall on parents. This essay will discuss and examine both views, before presenting my personal opinion. According to the first group of supporters, schools can provide structural educational lessons, through which children can learn step by step, how to manage with money. In this way, children could be equivalent learned to basic financial knowledge, saving money, spending money, investments and etc. On the other hand, the opponents claim that children should learn financial management at home with their parents. Observing through daily activities, earning and spending money, such as buying groceries, paying bills, vehicle and home maintaining, children can learn from real daily expen...