5 Strategies to Teach Kids Financial Independence

Passing down your financial know-how is an important job for parents, grandparents, aunts and uncles, but it’s easier said than done. Here are five practical ways to help ensure the next generation is equipped to thrive.

A mom teaches her son how to do yoga.
(Image credit: Getty Images)

It's been said that every crisis has a silver lining. For many, today's challenging environment presents a unique opportunity to get creative in how we teach the next generation about wealth and the strategies to manage it.

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Kathleen Kenealy, CFP®, CPWA®
Senior Wealth Adviser, Boston Private, an SVB company

Kathleen Kenealy, CFP®, CPWA® is the Director of Financial Planning and a senior wealth adviser for Boston Private, an SVB company. She specializes in working with successful individuals and families to manage, protect and grow their assets. Kenealy provides guidance on investment, retirement, philanthropic, estate and tax-planning strategies.