Perpetual Wealth How To Use Family Financing To Build Prosperity And Leave A Legacy For Generations

How to Build-and Keep-Generational Wealth! How can a family build "safe and sure" wealth... that lasts for generations? That's the question answered by Perpetual Wealth. You'll discover how families can create wealth together to serve the good of all. The authors call it "Family Financing," and it's about much more than money! Among the many fascinating and insightful points, you'll learn: Why "typical" financial advice sabotages long-term wealth The "4 Cornerstones of Generational Wealth" that ensure an inheritance will be wisely used, not wasted Why life insurance is "better than a bank" for growing wealth 13 "rules" for raising financially responsible children Plus, how to invest in the future of your family... and leave a lasting legacy Perpetual Wealth also includes an engaging story of a fictional family that will show you examples and ideas for: Family retreats to learn and grow together Writing a family mission statement Using Family Financing for leadership development Guidelines for family saving, lending, and borrowing And much more "The idea of Perpetual Wealth has always fed my Soul Purpose. "Perpetual" meaning long-term legacy, and "Soul Purpose" meaning what I was put on earth to do/give. Those two go together in a way that drives my energies every day. This book gives you some concrete steps to take with your family to work on both legacy and your own sense of your gifts (and your family's gifts) to the world." - Garrett Gunderson New York Times bestselling author and Chief Wealth Architect of Wealth Factory

What would your financial life look like if you managed your money and investments according to God's playbook--the Bible? We can spend most of our life trying to manage our finances from a secular viewpoint. However, this type of money survival will inevitably lead to frustrations and disappointments. Alternatively, we can follow the financial plan God has already blessed us with found in the Bible. Step out in faith and let Dr. Gerald House guide you through the maze of secular financial advice that often conflicts with God's plan, to a biblical awareness that will provide a solid financial foundation for you and your family. Embrace God's instructions on money and investing to live a life filled with contentment and gratification. For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it--lest, after he has laid the foundation, and is not able to finish, all who see it begin to mock him, saying, "This man began to build and was not able to finish"? (Luke 14:28-30) God wants us to prosper and live a life without struggling to meet our financial obligations. He who did not spare His own Son, but delivered Him up for us all, how shall He not with Him also freely give us all things? (Romans 8:32 NKJV)

Generational wealth is the accumulation and preservation of financial resources that are passed down from one generation to the next. It involves a strategic and long-term approach to financial planning, aimed at ensuring the prosperity of future family members. Generational wealth goes beyond mere financial assets; it encompasses values, knowledge, and skills that are imparted to subsequent generations. Building generational wealth requires careful consideration of various factors. It starts with a clear vision of the future and an understanding of the impact that financial decisions can have on future generations. It involves acquiring financial education and literacy to make informed choices and navigate the complexities of the financial world. Preserving generational wealth entails implementing strategies to protect assets, mitigate risks, and ensure a smooth transition of wealth across generations. This may involve estate planning, asset protection, and tax optimization to safeguard the family's financial legacy. Diversification is another key aspect of generational wealth. Spreading investments across different asset classes, industries, and regions helps to minimize risks and capture growth opportunities in various sectors. By diversifying their portfolios, individuals can enhance the resilience and longevity of their wealth. Entrepreneurship and business ownership play a vital role in generational wealth creation. Building successful businesses generates income, creates value, and offers opportunities for growth and expansion. Engaging in philanthropy and social responsibility activities allows families to make a positive impact on society and leave a meaningful legacy. Open communication and family governance ensure that all family members are aligned with the vision and values of generational wealth. Regular family meetings, transparency, and decision-making frameworks promote unity, trust, and shared responsibility. Continual adaptation and innovation are crucial to staying ahead in a changing world. Embracing emerging trends, technologies, and investment opportunities allows families to capitalize on new avenues for growth and success. Strong work ethics, values, and a commitment to responsible financial management are the bedrock of generational wealth. These principles instill discipline, perseverance, and a sense of purpose in building and preserving wealth for future generations. Professional guidance from experts in finance, law, and wealth management provides valuable insights and ensures that wealth management strategies are optimized for long-term success. Generational wealth is more than just accumulating money; it is about creating a lasting legacy of financial prosperity, empowerment, and impact. It enables families to thrive, make a positive difference in society, and provide opportunities for future generations to thrive. Generational wealth is not a short-term endeavor; it requires a commitment to long-term planning and a mindset that extends beyond one's own lifetime. It is about creating a legacy that provides financial security, opportunities, and a solid foundation for future generations to build upon. The pursuit of generational wealth involves a holistic approach that considers not only financial aspects but also the values, knowledge, and skills that are passed down. It requires instilling financial literacy, work ethics, and responsible money management in younger family members to ensure they are equipped to carry on the family's wealth legacy.

Unlock the secrets to lasting financial prosperity with 'Building Generational Wealth.' This comprehensive guide is your roadmap to creating a solid financial foundation that transcends generations. From savvy investment strategies to prudent wealth management techniques, this book empowers you to secure your family's future and leave a legacy that withstands the test of time. Discover actionable insights and expert advice that will transform your approach to wealth accumulation and ensure a prosperous future for generations to come.

Are You Sick and Tired of Losing Money Every Time the Stock Market Drops? The personal finance model we all have been taught of putting money into 401k plans and borrowing from banks is officially broke. Today 95 percent of Americans die without any real wealth because along the way banks, Wall Street, Uncle Sam, and asset depreciation take almost all of our money. The Perpetual Wealth System will show you how to reverse all of those and create guaranteed, systematic, tax-free, and generational wealth. Discover how to never lose a dime of your money in the stock market again, stop turning your money over to Uncle Sam’s control with your 401k and other qualified plans, make sure your money grows every year guaranteed, use “reverse money flow” to retire years earlier with a pile of tax-free cash, create a passive cash flow machine by leveraging the current real estate downturn, start your own family and small business financing company and never need a bank again, and recapture lost depreciation on cars, boats, motorcycles, and other items to create wealth. It’s time for you to take control of your own money and learn the long-hidden secrets of banks, major corporations, and wealthy family dynasties. Find out how to make long-term wealth your future reality!

Introducing a fresh perspective on wealth management, with proven solutions to the challenges of preserving wealth and investing well in turbulent times Family Wealth Management is coauthored by two experts in the field of private wealth - one, a former director of Bain & Company and the chairman of two of the world's largest family trusts, and the other, a CEO of a leading global family office and professor of finance from University of Toronto. The book introduces you to a unique model of wealth management that produces the desired return outcomes while being consistent with a family's overarching goals and values. The approach combines the best traditional investment and portfolio management practices with innovative new approaches designed to successfully navigate through economic climates both fair and foul. While the authors address the critical "hard" issues of asset management, they also emphasize important "soft" issues of working with families to ensure that actions are congruent with objectives, in alignment with family governance principles and designed to help sustain and grow family wealth over multiple generations. The authors provide clear guidance on how to master each component. How to establish clear family vision, values, and goals as a critical foundation to a sound wealth management strategy How to establish a practical, integrated investment framework that will ensure a consistent, disciplined approach in all environments How to set a long-term family wealth strategy and define an asset allocation model that will produce the desired results How to draft an annual investment policy statement and refine the investment tactics based on capital markets trends and changes in the family’s circumstance How to effectively monitor performance and respond to the need for change How to carefully select and manage an ecosystem of experienced, trusted financial advisors who will provide critical guidance through challenging period ahead How to successfully engage and educate the family to preserve and enhance the family’s financial wealth and human capital over the generations

Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations. Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. This unique resource: Presents real-life stories of families sustaining wealth over generations Explores both the successes and failures of retaining family wealth Includes rare private insights from members of prominent wealthy families Examines the nature of global family enterprises and their evolution over generations Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.