BUILDING GENERATIONAL WEALTH ๐ณ️๐๐ฆ
HOW CAN WE DO IT๐คท♀️
Building generational wealth is a great goal! In whatever we do, we should aim at building or establishing something that will outlive us.
This kind of wealth is not built overnight, it takes series of planning, sacrifice and even years to achieve it.
It mustn't be a particular business, but let it be something you can conveniently do and something that can be comfortably taught.
SOME WAYS TO ACHIEVE THIS INCLUDE:
๐- Investing in real estate (properties tend to appreciate over time)
๐Starting a business that can be passed down
๐Investing in stocks or mutual funds
๐- Creating multiple income streams
๐- Educating family members on financial literacy
๐ Involving our children in our businesses
Building generational wealth may be difficult but not impossible.
Let every member of the family be part of the family business.
If we plan to achieve that today our family will reap the fruits tomorrow.
✍️ Prisca Ojiobianu
#sweetmotherhood

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