How to Build Generational Wealth
Deeper Than Money
Chloe Elise
4.9 • 825 Ratings
🗓️ 20 April 2020
⏱️ 18 minutes
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| 0:00.0 | Hi and welcome to the Deeper Than Money podcast. I am your host, Chloe Elise. I'm a millennial money |
| 0:11.3 | coach speaker, dog mom, and a seven on the enneagram, and I am on a mission to prove to you |
| 0:17.1 | that finances can be fun and easy. On the Deeper Than Money podcast, we will dive |
| 0:22.6 | into all things millennial finance, debt, saving mindset, and how to have financial freedom |
| 0:29.0 | to enjoy life in your 20s and 30s. I want you to leave this podcast with more confidence around |
| 0:34.9 | your Moolah and the belief that your biggest financial dreams are possible |
| 0:38.6 | for you. So, let's talk money. Today back to the deeper than money podcast. |
| 0:56.9 | Today we're going to be talking about how to build generational wealth. |
| 1:02.1 | So what is it? |
| 1:03.1 | What is generational wealth? |
| 1:04.8 | It's basically being able to pass down wealth to the next generation or to another generation. |
| 1:14.0 | And for me, a big thing when it comes to talking about generational wealth is understanding how to get it. And for me, this leads into number one, |
| 1:22.2 | reason number one or way number one of how to get it. You stop hating on generational wealth. So reason number one, |
| 1:30.4 | or the way you can do this, step number one, I guess, to get and create generational wealth is to |
| 1:37.2 | stop hating on it. And I used to be so guilty of this. I used to be so guilty at this. Not only would I be super resentful |
| 1:48.2 | towards my friends in college whose parents paid for everything, but I would be so mad that they got it. |
| 1:55.3 | I would feel like, you know, they're ungrateful or they don't deserve it or it's unfair or whatever. And because I |
| 2:04.1 | felt this way and held up so much of this anger that came from the belief that building wealth |
| 2:11.4 | or passing on wealth is bad and greedy. And I know that I also had a lot of frustration when, you know, in my |
| 2:21.3 | college years, just looking at the world and feeling frustrated when my friends or people |
| 2:30.1 | that I didn't even know who came from wealth, I would think like, oh, well, they don't deserve |
| 2:35.0 | success. They're not actually successful. They got that handed to them. They're not actually |
... |
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