Financial Education for Youth - A Portfolio Investment at 18?

I recently spent an incident that caused me a good laugh, but I worried. We went to a notary with my two older daughters, and they went to study abroad and needed me to have a power to manage their investments in their absence. Yes, you read correctly. Power was for me to handle your investments to them, not vice versa. In any case, we attended Miss also got it wrong and made a wrong power that gave my daughters the right to intervene in my finances. This incident caused us much laughter, as it must have been a rare event for the poor lady looked at us puzzled face and then proceeded to erase the data that was entered incorrectly. But beyond the comical, when leaving the premises - with the power hand-corrected assaulted me a few questions.

Why is it so rare that a young person who is already going to leave your home is an investment portfolio? Why I had to learn at 40 what they knew how to handle with skill at 18? As parents, we want our children to succeed in life. Course covers topics such success that much more extensive and important, but we can not deny that a solid financial education a part of it. We strive to provide both an education that will deliver the tools necessary for them to aspire to a good standard of living for the future. However, do not teach them what to do with that income once you have generated. That is why most young couples choose to spend it and, worse, go into debt to buy house, cars, furniture and television. Unaware that there is a chance to make that money work for them, multiply and have many children before being worn out and lost forever. Without realizing it, these couples prepare to fail in the area of ​​finance. The decision to borrow and spend before you invest your money will lead to a lifetime of slavery to the banks, credit cards and trying to pay the bills every month.

When there was so much easier for them if they had the skills to be restricted in their spending and investing your money wisely.