Generational wealth is the legacy of assets passed down in families, offering financial security and opportunities to descendants. To build it, one should start saving early, invest wisely in appreciable assets, create multiple income streams, eliminate debt, establish trusts for asset transfer, and impart financial knowledge to family members. Implementing these strategies can secure a family’s financial future over successive generations.
Tag: financialfreedom
Our 2nd Debt Free Anniversary!
Success can be measured on many different levels and we finally attained that little bit of success for which we were striving. Our desired aim was to become consumer debt free and we accomplished that goal February of 2018! 2 years later we are still consumer debt free, on the path to pay off our…