The Importance of Generational Wealth

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"I can't say if it would be good or bad if I had inherited, you know, X amount of dollars," he says. "The fact that I did not have that generational wealth ... helped me to really hone into what matters most to me so that I can spend my money on that" He adds: "It's a disconnect between what we want as an individual family and how that affects society as large"

Our guest on the podcast today is Dr. Brittne Halford of More Joy, More Wealth. She and Dr. Dahle discuss how your upbringing affects your view on money. They discuss generational wealth and the difference between being rich and having wealth. They talk about how to teach your kids about money and how to help them learn to work hard and create the life they want even if they have some generational wealth coming their way.

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