Kristin Keffeler is the author of a new book called The Myth of the Silver Spoon: Navigating Family Wealth and Creating an Impactful Life. She’s also the founder of Illumination360, where she works with ultra-high-net-worth families, including many worth billions of dollars. Her specialty is helping the rising generations create their own identities, having grown up with extreme family wealth.
In this conversation, Kristin and I talked about how her own family's affluence led her into this field and the specific doubts and fears that teen and adult inheritors of generational wealth have to deal with. We discussed the negative messages that society sends to wealthy children and the balance rising generation members must strike between owning their family name and creating their own identities. We also talked about how all parents—especially wealthier ones—can model financial behavior for their kids. Lastly, we discuss what the NFL Hall of Fame can teach us about the likelihood of measuring up to our wildly successful parents or grandparents.
Follow Kristin Keffeler. The Myth of the Silver Spoon: The Book - available on Amazon.