When speaking to parents about the importance of teaching their kids about money and identifying ways for kids to earn money, the first reply we get is "I wish I was taught this at school when I was young", followed by the question "How come this isn't taught to our children at school now?"

To some degree, kids are taught about money at school. They are taught what it looks like, how to add it up and how to work out percentages. Some kids, if they choose the right subjects as they grow older, can have the opportunity to learn how the government wants them to manage their money to meet legal and taxation requirements (subjects such as Personal Finance, Accounting etc).

What's missing from the educational system and is that kids aren't taught how to MAKE or VALUE money. These are the skills that would really benefit them so they can invest and manage their money wisely in order to become independently wealthy or financially free!

Think about it for a second, they are taught the skills to get a job once they leave school, but they aren't taught what to do with their money once they get themselves a job!

So why aren't the skills on making or valuing money taught in schools?

When this question was looked into, what was found was that the majority of teachers are in the profession because they love to teach, help people and are passionate about learning. They certainly don't do it for the money - most of them are paid quite poorly when you consider the complexity and responsibility within their role as teachers. They work long hours and do many more after the school day is over as they are required to mark assessments and exams and design their lesson plans. Great teachers who are out to make a difference in children's lives rarely have an entrepreneurial mindset.

Very few are likely to be able to model and teach how to become an entrepreneur and/or how to make money work for your children through investing in assets that generate income. Most teachers have never learnt it themselves and don't have it on their radar as being important. They are more likely to teach what they model themselves - study hard, go to college and get a secure, well paid job.