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Do you know that when a family leaves the wealth it created in its life time to future generations that by the second generation 65% of the wealth is lost and that by the time the third generation receive it 90% is lost? This is an amazing statistic isn’t it? Why is this true?
We see wealthy people on the news or some financial interview all the time. Reason being is that we want their formula or secret to how they have created their wealth and continue to make their wealth. We all are interested in that because we want to do what they do, or at least try.
During our drive to Texas for our relocation I was scanning stations for something to listen to, when upon nearing Dallas I picked up some financial radio shows! By the time I was in Dallas I was screaming at the radio. Yes, screaming! It really makes me mad when so called financial people …
A famous billionaire once said that even ordinary streets are paved with gold if only one will spend the time to see why. Everyone could make wealth but the problem often is that a person is too preoccupied with negativity that the eye fails to see. The following are misplaced belief systems …
