Money doesn't grow on trees, raise your hand if you wither heard it or said it before. Our education about money matters starts at an early age at home and in school. But, it takes time for the skills of responsibilty to be developed and its only at home can children learn the true value of money.
Our children watch us and listen to the things we say about money. They form their own values based on what they see, learn, and experience. For example, both my grandparents lived during the Depression Era. Both ending up doing well in life. But some habits are hard to break. My paternial grandparents did really well in life, but my grandmother still insisted on using coupons and dying her own hair. She always drove a Ford Escort because she like to haul dirt around.
Now as parents it is our turn to pass along our values. Our daughter has been learning these lessons here lately through experience. She found some money on the floor at school. She then spent it for something at the Spirit Store. When she got in the car with a hairbow I've never seen before I asked her where she got it. My response was that she should have taken the money to the office instead. So, the next day she did return the money from her own savings. Lesson learned.
Children can not take a class to learn about values and morals. That is something we as parents are suposed to do. Believe it or not our own actions speak volumes more than the words we say. So, as your child grows keep in mind that you are shaping the future belief system.