It's never too early to start teaching kids about personal finance. Spending and saving habits -- much like eating and exercising habits -- are developed early in life, and hard to break. An Experian College Graduate Survey found that 40 percent of college grads rated their current financial security as either "poor" or "fair." These students reported they were living on student loans and credit cards, relying on parents for financial support, felt pressure to live beyond their means, and weren't putting enough money in savings.
The sooner kids can develop a healthy, informed relationship with money, the better prepared they will be to make wise financial decisions. Here are 12 ways parents can use back-to-school shopping as a practical way to teach kids the value of a dollar, how to successfully manage their financial resources, and how to get organized for the coming school year.