Worth Listening/Worth Listening Podcast/Generational Wealth: Behind the Numbers

Tuesday, April 25, 2023

Generational Wealth

CUSTOM JAVASCRIPT / HTML

Is generational wealth really as good as we think it is? 70% of wealthy families lose their wealth within one generation, while 80% of today’s millionaires made their money on their own. If you want to create generational wealth in your family, Lauryn and Chloe are sharing what you need to know about creating generational wealth and helping your future generations retain it.

In this episode, Lauryn and Chloé talk about:

  •  The definition of “generational wealth”
  • ​Major challenges to building generational wealth
  • ​Importance of gaining financial literacy
  • ​Why you shouldn’t be afraid to educate yourself & invest in financial literacy
  • ​Simple financial skills you can teach your children
  • ​Dealing with the obligation of giving money to family
  • ​Impact of the wage gap on generational wealth
  • ​How to make the most of income increases
  • ​Negotiating your income
  • ​Why estate plans are essential
  • ​What entrepreneurs need to know about building generational wealth


If you want to further connect with Lauryn Williams:

Instagram: @worthwinning
Twitter: @worth_winning
Facebook: @worthwinningfp
LinkedIn: @lauryn-williams

If you want to connect further with Chloé Moore:

Instagram: @financialstaples
Twitter: @finstaples
Facebook: @finstaples
LinkedIn: @chloemoore

Shared quote:
“Money isn’t about buying bigger and better things. It’s about being prepared to take care of your family.” – Unknown

RESOURCES MENTIONED:

Lauryn is hosting two Welcome to Wealth financial retreats this summer for young professional women. Want to go on an adventure and create a financial plan for your life? Learn more at the links below.

Medellin, Colombia July 2023

Bali, Indonesia August 2023

How are you feeling financially?

Get a FREE financial checkup!

Lets asses your symptoms to see if you need a "Wellness Exam", a "Sick Visit", or if you should head to the "Emergency Room". Have fun, but the more honest your answers are the more accurate your diagnosis will be.

customer1 png

Hi, I'm Lauryn

Certified Financial Planner

Welcome to the Worth Listening podcast, where we focus on having positive and productive conversations about money.

Interested in being a guest on our show? Email us today at podcast@worth-winning.com! We'd love to hear from you.

Copyright © 2023 Worth Winning