8 Ways To Build Generational Wealth

Generational wealth building is an approach to financial management that secures personal, long-term prosperity, but that of your successive generations as well.

What Is Generational Wealth?

Generational wealth suggests intergenerational transfers of capital that begin with one wealth-originating family. Those resources then pass from one generation to another.

Here are the 8 best and most proven approaches to building generational wealth.

Invest In Your Child’s Education

Investing in your family’s education, particularly early education, is crucial to sustaining wealth. Raising financially educated, independent adults is the only path to securing a legacy that lasts more than a generation.

Invest Your Money

Market investing is a time-proven approach to growing your wealth without putting in the extra work associated with managing income-producing real estate or a small family business.

Investing in the stock market over the long term is the most proven approach to building a large source of wealth that doesn’t require the amount of work necessitated by managing real property or a small business. 

Invest In The Stock Market

Investing in real estate can be profoundly beneficial to establishing long-term wealth. However, this strategy is not without its challenges. While most investment property assets appreciate over time, positive cash flow from rental income provides the most opportunity for investors. 

Invest In Real Estate

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