[jeffrey]

Capital One's annual back-to-school shopping survey reveals that half of the teens want to learn more about money management. They especially want to learn more in the areas of budgeting, checking accounts, saving money, investing and financing large purchases according to the survey.




Don't expect your children to learn about personal finances from their friends or at school. Most studies show that parents are the key teacher for what their children learn about money. These surveys also indicate that children prefer to learn about money matters from their parents. The Capital One survey said that teens were willing to listen to their parents when it came to money and how to handle it.

It's well worth taking the time to teach your kids basic financial skills that they can use later in life. Simply giving them the basics and as much as you know will place them ahead of many of their peers. Personal finance and basics about money is one area you can't rely on others to step up to give your kids a solid foundation.