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As back-to-school season rolls around, it’s the perfect time to reset goals—not just academic ones, but financial ones too. Whether you’re preparing your teen for middle school or sending your young adult off to college, starting the school year with a solid financial plan can make all the difference.

Here are a few ways to make this school year your most financially confident yet:

1. Create a Back-to-School Budget

Before the shopping begins, sit down with your child and create a budget. Factor in school supplies, clothes, extracurriculars, tech needs, and lunch expenses. Look for ways to save by comparing prices online, using coupons, or shopping end-of-summer sales.

2. Set Up a Savings Routine

Teach your teen the power of setting money aside. Whether it’s for a new phone, future car, or holiday spending, building a habit of saving early is key. Consider setting a goal together—like saving $10 a week—and tracking progress monthly.

3. Introduce Financial Independence with a Student Checking Account

This year, FNB Community Bank launched a new Student Checking Account designed just for ages 12–22. It offers 5% APY when qualifications are met, no monthly service fees, and even custom debit card designs. Plus, parents can monitor account activity through online and mobile banking. It’s a great way to promote responsibility, with the safety net of parental oversight.

4. Teach Smart Spending Habits

From daily snacks to online purchases, little expenses can add up. Encourage your student to pause and think before each swipe. Setting a weekly spending limit or tracking expenses can help teens better understand where their money goes.

5. Talk About Wants vs. Needs

Back-to-school ads can make everything feel like a must-have. Help your child identify the difference between necessities and nice-to-haves. This not only saves money but builds critical decision-making skills.