Back-to-School Money Guide: Making a Budget

College means more independence for many students, but it also means more financial responsibility. Before your teen goes off to college for the first time, it's important to talk about spending and budgeting. Paying for a college education means more than just covering tuition costs. "Good Morning America" financial contributor Mellody Hobson recommends setting up a budget with your kids ahead of time, so college-bound kids know exactly where their money is going and what money is coming in....Full Story