Episode 263- How to Create A Legacy & Pass Down Generational Wealth Beyond Money With Chelsea Brennan

Journey To Launch

Jamila Souffrant

Business, Investing

4.9 • 1.7K Ratings

🗓️ 30 March 2022

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Chelsea Brennan, hedge fund investor turned online entrepreneur, joins the podcast to discuss the idea of creating a legacy and passing down generational wealth that goes far beyond any monetary amount. Chelsea is owner and founder of Smart Money Mamas, a brand dedicated to helping moms make their money work for them and embrace their ambitions, which includes showing them how to cultivate a healthy relationship with money for their families now and far into the future.

In this episode we discuss:

Why generational wealth goes far beyond money
What does it mean to create and pass down a legacy
How do you cultivate a legacy for your family, your children
Instilling problem solving and a growth mindset in your children
The importance of setting money values and a family financial ecosystem + more

Other related blog posts/links mentioned in this episode:

Get your ticket to the event on April 8-10 and get $5 off by entering the code "JTL" at checkout https://www.journeytolaunch.com/legacy
Chelseas's previous episode: https://journeytolaunch.com/episode175
Smartmoneymamas.com
Join the waitlist for my signature course, Map Your Way To Financial Independence, here.
Check out my new personal website here.
Join The Weekly Newsletter List
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
Watch me on News12 Watch my latest segments on News12
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.

Connect with Chelsea:

Connect with me:

Transcript

Click on a timestamp to play from that location

0:00.0	We really want them to have a creative problem-solving growth mindset when it comes to money
0:07.0	and success of, how can I take what I know and make it amazing?
0:10.6	And it was my son, he was four the first time that he was like, well, I don't use this
0:14.8	toy anymore.
0:15.8	Do you think I could sell it to somebody else?
0:17.4	And so we listed it on Facebook Marketplace.
0:19.4	You start to see that ability.
0:21.4	Welcome to the Journey to Launch Podcast, with your host, Jamila Sufron, as a money expert
0:29.5	who rocks her top.
0:31.0	She helps braid juniors like you, get out of debt, save, invest, and build real well.
0:38.2	Join her on the Journey to Launch to Financial Freedom in 5-4-3-2-1.
0:52.0	Journey to Launch is supported by First Republic Bank.
0:56.3	Relationships really matter in your life journey and financial journey.
1:00.2	A lot of banks have great offers to attract new clients, but what about their existing
1:04.9	clients?
1:05.9	First Republic is always focused on creating and nurturing long-term relationships, devising
1:11.3	strategies, not tactics, and master plans, not transactions.
1:16.1	That's why every client gets their own personal banker, a single point of contact to
1:21.1	call, text, or email at any time for any reason.
1:25.2	I love that I feel valued and supported as a First Republic client long after I've already
1:31.1	opened up my account.
1:32.7	They value their customers and it shows.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jamila Souffrant, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jamila Souffrant and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.