Who Do You Listen To? Who Should Teach Financial Literacy? Schools?

Maryland is requiring their students to take financial literacy classes starting in September 2011. Will that really work? http://www.marylandreporter.com/page5502530.aspx read the article yourself and compare it to what Robert Kiyosaki says http://www.richerdaddy.com/10-principles-of-teaching-children-about-money/
Which is the better model?

The reason I ask this question is because more than likely the model they will use will be based on the old model of what doesn't work and we need something new that will stick and last generations.
Based on the present model of our school system, I'm personally not so sure that financial literacy is a subject that schools should be teaching. That's just my opinion.

I believe that financial literacy should be looked at from the perspective of who is making the money and how are they making the money? I'm not talking about greedy Wall Street, I'm talking about mom and pop stores, retail stores, toy stores, or even individuals like Trump, Robert Kiyosaki or your neighborhood business people who you can learn from. If they can do it maybe they will interested in teaching others what they know except no one ever asked them. Maybe it's time to ask.

Pay Yourself First

This is perhaps the best and most simple benefit to becoming financially literate. You get into the habit of paying yourself first. This is definitely a good thing and something most of us are not used to. BEFORE you pay one bill I don't care what it is - mortgage/rent, cell phone, cable, etc - You Pay YOURSELF First! Make it a habit to put aside a certain amount - no matter how big or small from $.50 cents to $1,000 and PAY Yourself - You, Inc. This is such an empowering move for you.