I think we need to create a kollel-style model for basic life information and skills. Pay people to come to classes on applicable financial issues, maybe by offering to subsidize certain products for a limited time if they attend. Some people will take nothing from it other than the money, but I think it will go a long way towards educating most people on things like budgeting, basic bookkeeping, buying vs. leasing, renting vs. owning, emergency funds, life insurance, etc. Maybe even touch on some concepts like value and cost-benefit analysis.