‘Back-To-School Survey Finds ‘Developing Good Financial Skills’ May be a Greater Concern Than ‘Following the Wrong Crowd’ and ‘Drugs/Alcohol Use’

Visa USA, today, released the results of its annual back-to-school survey which found that a top concern of parents is the development of their children’s personal money management skills.

According to the July survey of parents of high school students, developing good personal financial skills and being able to handle their money (74 percent) ranked ahead of both following the wrong crowd (58 percent) and drugs/alcohol use (56 percent) in terms of concerns parents have for their children’s futures. Only personal safety ranked higher (89 percent).

In response to the need for greater financial literacy among young people, Visa offers parents, students and teachers a free, online financial education program called Practical Money Skills for Life. The program is part of Visa’s decade-long, continued commitment to improving access to financial education for all consumers.’

Read more at Building Teen Personal Finance Skills a Top Worry for Parents, Visa Survey Finds

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