Survey: Parents More Likely to Talk Money, Not Sex, to Kids

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Parents are more willing to talk to their kids about managing their money than about sex, according to a new survey.


Over 1,000 college students were asked if their parents taught them about sex and money. While nearly 63% said that their parents helped them learn about managing their money, only 53.2% said that their parents talked to them about sex.

Survey Results:

"Money is no longer the big taboo it used to be," said Charles Tran, founder of, a credit card comparison website. "After decades of stagnant wages, sky-high college tuition fees, and waves of layoffs, it's more important than ever that parents talk to their kids about money -- and parents seem to be aware of this."

Highlights of the survey:

  •     63% said their parents taught them about money management
  •     53% said their parents talk to them about sex
  •     61% said their parents talk to them about drugs
  •     82% said their parents taught them how to drive

Parents’ focus on money appears to be working as the survey reveals:

  •     92.4% said they opened a bank account by age 18
  •     84.7% said they were responsible enough to use a credit card

Visit to read the full results. conducted the online survey of 1,041 college students between August 2 and August 27, 2012.

Parents and college students can visit to compare credit card deals tailored for college students. publishes credit card reviews, deals, and tips to help Americans make an informed decision about credit.

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Charles Tran
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