@sandragailgaines5731
just planned the best surprise party for my mom and gave the best speech i've ever given because of this video, thanks for your help the best way to start progressing in life is by saving money, i promise nothing brings the confidence level up like a a good finance believe me!! i'm taking her to hawaii afterwards..
@joysoyo2416
Generational wealth is built on love. Dysfunctional families never have love, nor generational wealth.
@jusrarsh4109
This is why it’s extremely important to implement financial literacy from age 10 up. Life has it’s tempting poison that will ruin everything.
@JLW667
0:54 Generational Wealth vs Personal Wealth 1:05 Family Generational Wealth/Family Fortune 4:47 3:59 Growing 4:58 Appreciate Assets 5:09 Trust Fund/Compound Interest 5:52 6:40 Individual Trust Fund 7:25 State Lottery/Grant 8:50 9:34 10:14 4:01 Long Term Investment 5:19 Basic Intrest 5:38 Bonds 5:52 Outside a Trust Fund
@michael029138
A good man leave an inheritance to his children's children:
@vitoriamartins6326
This is actually the best 4 steps to create generational wealth; Step 1: INVEST Step 2: INVEST with the profits gotten from the previous INVESTMENT. step 3: INVEST AGAIN! step 4: keep on INVESTING!
@robertanderson5303
The philosophy of the rich and the poor is this, the rich invest their money and spend what is left. The poor spend their money and invest what is left
@superslyko123
There is a fine line between giving your kids $$$ and not having them value $$$. My son actually said, "Oh Dad, no biggie ........... just buy another 1!" I grew up very poor & as a result I watch every penny. I've accumulated quite a few bucks, but now I must keep it hidden in order to grow some more maturity into my children. What's more important ........ teaching a man how to fish or the fish?
@TTa-cb2rq
I think the most important thing about generational wealth is to teach your children how it is played. Otherwise they will just spend it
@pyschologygeek
Create a budget. Understanding how you're spending your money and where you can cut back is essential to saving and growing your wealth.
@sno5241
It's so much money out there,money shouldn't even be a problem in 2021-
@wisdom-for-all
Indeed, build something that outlives you. We are Born To Make An Impact, not to just pay bills and die. Get up, dress up, show up, and never give up 🖖
@emmanuelonyidon8244
I once ask myself oh when i my going to make it to the top but now am working towards it so my advice is it so far resilience and focus is the key no hope is Lost for me ❤
@annaahmed2564
That is great video thanks for sharing keep up good work
@lambo650ER
Proverbs 13:22 - A good person leaves an inheritance for their children's children, but a sinner's wealth is stored up for the righteous.
@oneillbilder
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
@Templarswordxx7
Great vid! Excellent use of time. Thank you
@xixi6462
Health is the best asset. The best wealth. Don't ruin your psyche to earn a ton of money, because you're actually digging a pit for yourself and your family. With a ruined, burnt out psyche you can't create happiness. Why even have money if you're unhappy, unhealthy, addicted to drugs and alcohol?
@mstr293
Don't you hate being the first one in your generation to implement this discipline? Thanks a lot, MOM AND DAD!
@aronfrasheri8961