This post first appeared on Right About Money.

The Dow has been setting record highs regularly this autumn. But it remains an awful long way from one million. Then again—maybe not so long after all, Warren Buffett suggests.

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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

Grandparents I hear from are deeply invested in shaping money smart grandchildren, as many feel they fell short with their own kids.

Often, when I am working with parents on this topic, parents ask me how to involve their parents in the financial education of their kids. They, the parents, want to “manage” nana and papa’s input in a good way – 😉

I know firsthand the power of a grandparent as I grew up with my grandmother in our home and everything she said – even if identical to my mom and dad – was brilliant. Everything mom and dad said, well, it was suspect!

To help grandparents leverage this role they play in their grandchild’s life, here are a few ideas from grandparents who have written to me Continue reading

Last month I shared some thoughts about the important role grandparents can play in helping kids learn good money habits with readers of The Skinnie.  Here’s a link to the article:  TheSkinnie-TeachYourGrandkids AboutMoney-2014_04_18

Enjoy!