Your kids, grandkids, great-grandkids could go broke if you do not fix this problem. Yes, that may seem a bit harsh, but when you look at the statistics of generational wealth building it is very somber. 70% of rich families lose their wealth by the 2nd generation 70% of family-owned businesses fail and/or sold by the 2nd generation 86% of millionaires are first generation. Tune in to this week’s episode of The Money Guy Show as we reveal the secrets to sustaining your wealth through future generations. Learn the practical steps you and your family can implement to keep your wealth for generations to come. For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/#1-reason-why-wealthy-families-lose/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.