This post first appeared on Right About Money.

Boomers are rapidly becoming Grandboomers; in the U.S., they are 70 million strong. Might this legion of potential mentors hold the key to financial literacy for the next generation?

I’m counting on it. All we need to do is show them how to have the conversation.

Grandparents have joked for years that if they knew grandkids were going to be so much fun they would have had them first. They also confide in large numbers that they would like to do a better job with their grandchildren than they did with their own kids—at least when it comes to teaching them about money. Continue reading