As college students head to campus, many will face the lure of credit cards for the first time. Credit cards are not a problem, but uneducated spending with them can be an issue.

If you'd like to help your kids understand money, check out this interview with Lawrence Sprung, a certified financial planner and author of Financial Planning Made Personal, who shared his professional advice for parents and examples of how he taught his own children about responsible credit.

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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