Let them understand how much stuff costs, relative to other stuff.
Houses, cars, food etc…
Start them early with an allowance and then stick to it. If they blow the wad then NEVER give them more or purchase their wants for them! They will soon learn to watch prices and look for the bargains as well as budgeting, saving for more expensive items, determining their real desires rather than spur of the moment wants (impose buying. But this will only work if parents hang tough which most parents don't do. As a result we have adults drowning in debt because they never learned to live within the bounds of their pay check. BB
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