According to a study just released by Visa Inc., 85% of parents surveyed with children under 18-years-old say they talk to their child regularly about money management.  One-third (34%) of parents with children under 18 say they talk to their child on a daily basis about using their money wisely. Another three in ten (31%) talk to them at least once a week, 14% at least once a month and less than one in ten (6%) say a few times a year. However, 16% report never talking to their children about using money wisely.  “It is encouraging to know that parents are sitting down to discuss the basics of money management with their children. Financial education must begin at home,” said Jason Alderman, director of financial education at Visa Inc. “We hope that parents will use opportunities like back-to-school shopping time as a way to begin or continue the money conversation because learning about how to budget, save and spend responsibly is critical for young people.”  In response to the need for greater financial literacy among young people, and as part of a decade-long commitment to improving access to financial education for all, Visa offers parents, students and teachers a free, award-winning, online financial education program called Practical Money Skills for Life (  As part of the Practical Money Skills for Life program, Visa has developed a back-to-school budget calculator as well as information on back-to-school budgeting basics.