Whether it's graduation season or any other time of year, parents may worry about their children's emerging financial habits. But how many parents pull their kids away from video games and Facebook to discuss balancing a checkbook or managing debt responsibly? If you're the parent of a minor, it's definitely not too late to start. As your children near adulthood, one way to impart lessons about real-world finances is to help them open a student checking account. While not all banks offer student checking -- and many of those require each account-holder to be 18 or older -- there are some accounts that offer even minors the opportunity to learn about money management as joint account-holders with their parents, such as Capital One 360's MONEY account. But before you open any account with your child, there are many questions to ask yourself. Here are some of the most pressing.