Financial literacy is in the same class of policies as abstinence-based sex education and "just say no" anti-drug campaigns. Unless this education is about giving the poor access to capital and lucrative, reliable investment opportunities, all that penny-pinching gives you is an awareness of being trapped in an interlocking web of systems of financial predation: risks, costs, fees, and liabilities systematically offloaded onto you, a mostly defenseless consumer of necessary basic services.

What really works is giving up on yourself and admitting that you will die broken, sick, and poor, and putting all your energies into your offspring who will vindicate your sacrifice. Pressure your children into challenging academic pathways, reduce their leisure time, and help them get into prestigious occupations. That's the only reliable path to building family wealth.