Brian Kazanchy, a financial advisor in Morristown, N.J., has gotten more requests in the last year from parents asking him to speak with their children. They want their children to know everything from debt management and portfolio diversification to "what would make them appear attractive in terms of skill sets and education."

Kazanchy says a key time to talk with the younger generation is when they are starting to work, because they're typically unfamiliar with health insurance, 401(k) plans and other work benefits.

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