6 of the Most Important Things to Consider When Creating a Strong Financial Legacy and Building Generational Wealth
Written by: Shatoyia Jones, FLP Founder, Wealth Building Educational Consultant; Business Development Specialist
Financial freedom. Vacation homes. Real Estate Owner. Entrepreneur. Living Life of My Own Terms. Generational Wealth. Comfort. Financial Security. Less financial stress. All of these are all sexy phrases that often is associated with building generational wealth. But what does it really take to build generational wealth and what does generational wealth actually entail? What does it consist of? How do you know when the wealth you are building is generational wealth?
On this episode of FLP First Generation Wealth Builders, we explore the positive sides of credit and answer commonly asked questions within our community on credit.
We always hear the consequences of bad credit, but what are the benefits and incentives for good credit? Why should you focus on repairing your credit as a means to access more funding, capital and tools for investment? How can you access more money on good credit? What the heck even is credit, and why is it important as a concept?
Written By Rheanne Burns, Former FLP Foundation Partner in Service; Copywriter
Edited By Shatoyia Jones, FLP Founder, Wealth Building Educational Consultant; Business Development Specialist
There are many different attitudes and beliefs surrounding money. It can make it difficult to define how you actually feel. Beliefs are ingrained in us from a young age, whether that’s consciously or unconsciously, and they shape our views and attitudes. What you believe may not actually be your own belief. Often it’s what you’ve accepted because the belief has been passed down from generation to generation.
No one talks about it so the cycle is never broken.
How lame is that?
Let’s take a look at some popular beliefs about money, and some different perspectives that embrace the positive aspects of money.
Written By Shatoyia Jones, FLP Founder, Wealth Building Educational Consultant; Business Development Specialist
You could waste time and money trying to build wealth on your own, but for those of you wanting to reach your goals in the smartest, fastest and most efficient way possible, here are the 5 stages to building generational wealth outlined by first and second generation wealth builder, award-winning entrepreneur, business development specialist, philanthropist, speaker and author, Shatoyia Jones with resources for getting started taught in her organization's signature program, 5 Stages to Generational Wealth Building based on her personal journey, over a decade of professional experience with clients and research on poverty and racial equity.
FLP First Generation