Looking for inspirational quotes about creating generational wealth? We have rounded up the best collection of generational wealth quotes, sayings, messages, captions, and texts, (with images and pictures) to inspire you to build wealth for yourself and your family with the help of financial planning, investing wisely, and getting your priorities straight.
Generational wealth is financial assets such as property, money, investments, stocks, or anything that has a monetary value that you pass down from one generation to the next.
Values, morals, habits, and financial literacy are also an important aspect of generational wealth in terms of culture, traditions, heritage, and legacy.
Why is generational wealth important? Wealth is an important part of life. You need money for everything you do. Wealth gives you options in life.
You can live life freely when you don’t have to worry about paying your bills. Every parent wants their children to live a comfortable life and that is why they work hard enough to build wealth for their next kin.
Most parents don’t want their children to go through the same struggles they have gone through. By passing on the assets to their children they make sure that their heirs have a secured future. Although, passing on the generational wealth does not mean you stop your kids from experiencing hardships in life. It just means providing your kids with more options in life.
These wise words about generational wealth are by some of the most famous businessmen, richest personalities and wealthy leaders who have paved their way to success and riches with making and investing money wisely.
These uplifting generational wealth will inspire you to make a suitable financial and investment plan for yourself to build generational wealth for your coming generations. Also, check our posts on chasing money quotes and saving money quotes to inspire you to spend less and save more.
Generational Wealth Quotes
“Build generational wealth.”
“Build something that outlives you.”
“Create a legacy and then pass it on!”
“Healing yourself is generational wealth.”
“Generational wealth starts with one risk taker.” – Unknown generational wealth quotes
“I didn’t come from money but my children will.”
“Create your legacy, and pass the baton.” – Billie Jean King
“You aren’t wealthy until you have something money can’t buy.”
“A life of luxury sounds nice but generational wealth sounds better.” – Unknown building generational wealth quotes
“My grandchildren will be eating from the moves I make this decade.”
“Your children can’t inherit your job, but they can inherit your business.”
“I want my children to inherit land and businesses, not clothes and shoes.”
“It’s not the money I’m after. It is the freedom to live life on my own terms.” – Unknown
“Each generation will reap what the former generation has sown.” – Proverb Creating Generational Wealth Quotes
“Wealthy people plan for three generations. Poor people plan for Saturday night.” – Unknown quotes about generational wealth
“Managing, growing, and preserving wealth for generations is our highest objective.”
“Be the first millionaire in your family but make sure you’re not the last.” – Unknown
“Build your own table so your children won’t have to ask a stranger for a spot at theirs.”
“The real measure of your wealth is how much you’d be worth if you lost all your money.”
“If you don’t get serious about your money, you will never have serious money…” – Grant Cardone
“The only wealth which you will keep forever is the wealth, you have given away.” – Marcus Aurelius
“If I want to build wealth to transfer to the next generation, I can let it grow on a tax-free basis.” – John Nersesian
“Books are the treasured wealth of the world and the fit inheritance of generations and nations.” – Henry David Thoreau
“Generational wealth to pass down to your children: A business. Stocks. Liquid cash. Home/ Income property. Land. Artwork.”
“There is a wealth of twentieth century music that is being re-discovered by a generation that hasn’t heard it.” – Helen Reddy
“My father’s generation gave to my generation a land of wealth and purpose and world economic dominance.” – Paul Tsongas
“Money that was earned is way less slippery than money that was stolen, won, or inherited.” – Mokokoma Mokhonoana
“I fear the day that technology will surpass our human interaction. The world will have a generation of idiots.” – Albert Einstein
“Generations of human beings were transformed into machines in the relentless pursuit of material wealth: We lived to work.” – Jeremy Rifkin
“You know, I started doing movies. I mean, my mind was brought into saying, you know what? I want to build a generation of wealth.” – Master P
“This generation does not understand the wealth of time. No wonder there are only a few superstars and great men emerging from this generation.”
“All good men and women must take responsibility to create legacies that will take the next generation to a level we could only imagine.” – Jim Rohn
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.” – Robert Kiyosaki
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki
“The death tax punishes the American dream – making it virtually impossible for the average American family to build wealth across generations.” – Christopher Bond
“The goal is long-term wealth. Wealth that transfers down through the generations. If you haven’t had it, be the first. Shift your mindset and work towards it.” – Unknown
“I think that any wealth creates a sense of trusteeship…it is characteristics of the new generation which has created wealth to have some amount of responsibility for it.” – Azim Premji
“We must keep ourselves busy with finding ways to generate wealth for generations to come and work to pass down things to our children for them to pass down to their children.” – T.I.
“You are called to create generational wealth. Awaken and stop listening to those who would keep you small. Stop allowing fear and self-doubt to determine your actions. You are born for more. RISE!” – Unknown
“We, the present generation, have the responsibility to act as a trustee of the rich natural wealth for the future generations. The issue is not merely about climate change; it is about climate justice.” – Narendra Modi
“When people speak on generational wealth they only focus on money. Wealth of knowledge is just as important. What’s the use of having the money if you don’t know how to invest it?” – Kenneth MarvinGrey Pearson
“Human beings have been smart enough to turn nature to their ends, generate vast wealth for themselves, and double their average life span. But are they smart enough to solve the problems of the 21st century?” – Thomas Homer-Dixon
“It is war that wastes a nations wealth, chokes its industries, kills its flower, narrows its sympathies, condemns it to be governed by adventurers, and leaves the puny, deformed, and unmanly to breed the next generation.” – George Santayana
“Fortunes are made, and disappear, over the lifetime of a single generation. Today, a person in essence takes his wealth from society just for the duration of his or her lifetime. The next generation has to create it anew.” – Mikhail Khodorkovsky
“I am a wealthy black woman. I am living a luxurious life and comfortable in my own skin. I am beautiful and I love and give back to my community. I am a creator. I build generational wealth. I add value to everything and everyone. My energy is light and pure.” – Unknown
“Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from generation to generation as an object of family wealth. There is no other economic good as marketable as gold.” – Hans F. Sennholz
“A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.” – Adam Smith
“This glorious union shall not perish! Precious legacy of our fathers, it shall go down honored and cherished to our children. Generations unborn shall enjoy its privileges as we have done; and if we leave them poor in all besides, we will transmit to them the boundless wealth of its blessings!” – Edward Everett
“If you have good wealth mentality…. you will generate wealth wherever you go. Even if you lose money temporarily, your wealth mentality will attract it again. If you have a lack mentality, no matter how much you receive or what financial opportunities come your way, wealth will evade you or, if it comes, it won’t last.” – Alan Cohen
To build wealth that survives more than one generation requires more than just investing in financial assets.
Besides financial assets, it is also essential to invest in your child’s education, invest in the stock market, invest in real estate, build a business to pass down, and invest in life insurance.
It is important to make an estate plan which will make sure that your assets are divided as per your wishes in the event of your death.
Here are a few steps that you can take to pass down generational wealth.
Write A Will: Writing a will, will give your children a clear picture of your property and assets. Make sure you provide all minute details about our financial position to make it easier for your family members to locate them.
Set Up A Trust: Setting up a trust fund especially if you have minor children is the best way to hold and transfer assets to your beneficiaries.
Name Account Beneficiaries: Naming specific beneficiaries or nominees for each account is very important to ensure that your assets are passed down to the beneficiaries of your choice.
To keep the wealth going, it is important for inheritors to know the importance of financial education and the value of saving. Spending exorbitantly without a proper financial plan will just squander the wealth. This is why an estimated 70% of generational wealth doesn’t make it past the second generation, and 90% disappears by the third.
These motivational generational wealth quotations also cover black generational wealth quotes, true wealth quotes, building generational wealth, quotes on sustainable wealth, and rich vs wealthy quotes.
If you like these famous quotes about generation wealth then check our posts on money is not everything quotes and legacy quotes to inspire you to do great things and leave a mark on the world after your death.
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