(BPT) - With kids across the country heading back to school, a common question at family dinner tables will be: "What did you learn today?"
Kids will be learning reading, writing and arithmetic as they head back to school, but what about lessons involving money? For most people, our relationship with money is based on our childhood experiences, and many children look to their parents for these important lessons. Yet, according to a recent Capital One survey of parents and teens, less than half of teens have worked with their parents to develop a budget for spending and saving their money.
As students prepare for a new school year, it's a great time to start fresh with new resolutions around spending and saving. Talk to your kids about wants vs. needs, saving, budgeting, using credit wisely and other money management habits that can last a lifetime.
Here are a few ways to get started:
By taking time to discuss spending, saving, budgeting and investing, you can help your teens save money now and point them in the right direction for a successful financial future.
To find additional financial tips as well as information on Capital One's financial educational programs for teens and adults, visit www.capitalone.com/financialeducation or @TeachingMoney on Twitter.