Income vs. Wealth: How Privilege Is Passed Down from Generation to Generation - Everyday Feminism
Income vs. Wealth: How Privilege Is Passed Down from Generation to Generation - Everyday Feminism
May 27, 2014
everydayfeminism.com
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Generational wealth includes all the assets—things like investments, real estate, cash and anything else that has financial value—that are passed down from one generation of a family to the next. But generational wealth isn’t just about the physical stuff. Just as important (and probably even more important) are the things you pass on that you can’t see or touch—like wisdom, values and habits that help shape the character of the generation who will inherit the wealth. Only one-third of families
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Generational wealth includes all the assets—things like investments, real estate, cash and anything else that has financial value—that are passed down from one generation of a family to the next. But generational wealth isn’t just about the physical stuff. Just as important (and probably even more important) are the things you pass on that you can’t see or touch—like wisdom, values and habits that help shape the character of the generation who will inherit the wealth. Only one-third of families
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How much money do you need to have generational wealth?
How much money do you need to have generational wealth?
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Most people think generational wealth means “being rich.” It doesn’t. It means building assets that: ✔️ Outlive you ✔️ Produce income ✔️ Protect your family ✔️ Educate the next generation 💵Income feeds one life. 💰Wealth feeds multiple. 👉The real question is: Are you building income… or engineering legacy? #moneytips #generationalwealth #wealthmindset Disclaimer: My content is for educational purposes only, it is not legal or tax advice. Always consult the appropriate professional licensed in
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