"Are parents not teaching them the age old adage 'Waste not, want not' "?

That's what Someone very Dear to Me asked me a few days ago.

Are parents not teaching them the age old adage "Waste not, want not"?

[snip]

Do children no longer understand the value of a dollar? Are parents not teaching them the age old adage "Waste not, want not"? If this were my child I would be driving him to the local shelter for several hours of volunteering. That would teach him a lesson. Or would it? 

:-)

Don't you wish Someone very Dear to Me were your kid?