I've been going through this with my step son for a year and a half now.
Born into a decent middle class family, he lived off the fat of the family and never bothered with a decent education or even a trade.
His criminal record (drugs) limits his future and getting around the selfish hedonism is an ongoing project.
But we're getting there. He has been working consistently now for a few years and his credit rating is back in the black but no guarantees unless he learns financia
People talk about the 'math scores' in Ontario, but fail to focus on financial literacy.
My parents we born into the working poor but (after surviving WW2) worked their way into the middle class - allowing me the chance to acquire a university education and so survive the industrial down sizing that started in the 1970's.
If he can get over himself, my stepson will survive and prosper.
If he's wilfully blind to financial literacy, then he has only himself to blame.
At least now he knows it.