MCLEAN, Va. -- More teenagers want financial education than areable to get it, according to a recent survey.

According to Capital One's 7th annual back-to-school spendingsurvey, 52% of teenagers surveyed want to learn how to manage moneyand 80% believe doing so would help them in the future. At the sametime the survey found that 86% of the teenagers surveyed have nevertaken a personal finance class in school and 35% want their parentsto teach them.

"Now more than ever, we're seeing that teens are eager to learnabout money--and the good news is that they want to learn fromtheir parents," says Lahne Mattas-Curry, financial educationspokesperson for Capital One. "Back to school shopping is oftenoverlooked as a financial education opportunity, but it's a greatway for parents to teach kids about the basics of money, includinghow to prioritize needs vs. wants and create a budget."

According to the survey, only 19% of parents have

discussed back-to-school budgeting with their children and only22% have made a list of back-to-school items to purchase.

Further, while 48% of parents have discussed the differencebetween needs vs. wants, 36% have not discussed back to schoolfinances at all with their teens.

When asked about the

topics they'd most like to learn about, teens expressed interestin all areas of money management.

Surprisingly, they showed the most interest in learning howfinancing works for large purchases such as a car or a home.Roughly 74% said they would like to learn more. Other popularinterests for teens include learning more about investing money(72%), identity theft and how to protect themselves (68%), savingmoney (62%), budgeting (58%), stocks (58%), checking accounts (55%)and credit cards (55%).

When it came to purchasing choices, however, the

survey held few surprises. Clothes and traditional schoolsupplies such as

notebooks, backpacks, pens and pencils continue to topback-to-school shopping lists this fall.

Just 7% of parents and teens expect to purchase hand-heldelectronics such as PDAs or iPods, compared to 10% who planned topurchase these items last year.

Parents and teens differed slightly on computer spending--4% ofparents expect to shop for a new a computer this year, while 7% ofkids hope to do so.

Over 92% of teens expect their parents to join them on back toschool shopping trips. This year, 52% of parents expect to spendmore than $125 on back to school essentials for their kids, while27% plan to spend less than $100. Overall, the majority of parents(72%) say they will be spending the same amount as last year;however, 16% plan to spend more. Most plan to pay with cash (69%)and credit (33%).

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