How to Build Generational Wealth
11 tips to Build wealth for your family
What is Generational Wealth?
Generational wealth is any form of inheritance or financial assistance from parents or other family members
Building generational wealth and helping your kids financially sets them up for success in their lives
Here's how you can start building wealth for your family ------>
Get out of debt
Debt is a burden. Paying off debt limits the amount of cash you have for building wealth
Prepare for the unexpected so you don't have to go into debt when something happens
Automate Your Savings
Use automation to fund your savings directly from your paycheck
The best way to grow your money is to invest it
Invest for the future
Embrace minimalism. Stop buying things you don't need.
For more wealth building tips, and to find out how you can help your kids get ahead in smaller ways!
From Partners in Fire