As students in El Paso head off to college, managing money becomes a new responsibility for many. For parents, this milestone brings an opportunity to guide their teens in handling finances. A banking expert, Louann Millar, emphasizes the importance of discussing money matters with children.

Millar, who leads youth and student banking at Wells Fargo, shares her own experience with her teenagers, who have different approaches to money. She notes that having open conversations about money is crucial. Further details on how parents can help their college-bound students manage money and avoid common mistakes are available from KVIA ABC-7.