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

Generational Wealth

Building generational wealth and helping your kids financially sets them up for success in their lives

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Here's how you can start building wealth for your family ------>

Build Wealth

Get out of debt

Tip 1

Debt is a burden. Paying off debt limits the amount of cash you have for building wealth

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Prepare for the unexpected so you don't have to go into debt when something happens

Tip 2

Emergency Fund

Automate Your Savings

Tip 3

Use automation to fund your savings directly from your paycheck

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The best way to grow your money is to invest it

Tip 4

Invest for the future

Practice Frugality

Tip 5

Embrace minimalism. Stop buying things you don't need.

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For more wealth building tips, and to find out how you can help your kids get ahead in smaller ways!

From Partners in Fire

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