Grandparents play a vital role in how their grandchildren view finances.

According to a recent study, "Grandparents Investing in Grandchildren: The MetLife Study on How Grandparents Share Their Time, Values, and Money," found that, increasingly, grandparents are a vital source of financial support for American families and even teenagers look to them for words of wisdom and advice.

The MetLife Mature Market Institute is offering grandparents a tip sheet on how they can be influential in a positive way on topics including values, beliefs, civic engagement, heritage and even cooking. It reports that they can also be an important influence on finances through both words and example. Called "Grandparents Investing in Grandchildren: Actions Speak Louder Than Words," the guide was produced with Generations United.

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