About this episode
Some ideas for making sure your family is well taken care of for many generations to come
(not financial advice)
-what does that mean to you and your family
-define it, make it a goal. 5, 10, 20 year plans
-mindset in wealth
-grow up poor, or financially challenged
-education for kids
-low cost index fund
-real estate
-own a business, buy existing business
-reduce inheritance tax
-earn money vs make money vs keep money
-estate planning
- life insurance
- will or trust
- stocks that pay dividends
- net worth inner circle, surround yourself with a few people doing slightly better than you. Not too high so it's not realistic
- start a brokerage account and wait
- pay your kids through your business to contribute to their own Roth IRA
Scott of Little Pine Farm in CO on Twitter
Scott of Little Pine Farm in CO on Instagram
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