Since we've discussed what money skills kids should know before they leave home, I was interested in seeing if the authors of Lessons to My Children: Simple Life Lessons for Financial Success, Wealth, and Abundance agreed with those thoughts. Here are the 11 lessons they list (with some explanation from me where needed):

Lesson 1: Pay yourself first.

Lesson 2: Patience pays. (Save over a long period of time.)

Lesson 3: Write yourself a "reality" check. (You need a budget so you can see what you're really spending.)

Lesson 4: Have a game plan.

Lesson 5: Limit your debt.

Lesson 6: You get what you pay for.

Lesson 7: Balance risk and reward.

Lesson 8: Learn investing 101.

Lesson 9: Assemble your team of experts.

Lesson 10: Being organized pays dividends.

Lesson 11: Ask what your taxes can do for you.

A couple comments from me: