Get Rich Education

The wealth of families often dissipates to zero within a generation or two.  Learn about the Vanderbilt family’s downfall and how you can avoid these mistakes. Have an estate plan. I explain the difference between a will and a trust. I introduce you to my friend Michael Manthei.  A regular GRE listener, Michael and his wife bought 55 units within 4 years and acquired $85,000 of annual real estate income. He thinks about generational wealth as: income, taxes and inflation, giving, faith, service, preserving stories, character, physical health, and that your family is a treasure. Learn the difference between inheritance and generational wealth. Today, Michael runs the Elevate Investing Group. His upcoming event, Generational Wealth 2023, is August 18th-19th, 2023 in Lancaster, PA. Register here. I’ve never heard of an event like this. Multiple generations of one family will tell you how they did it. Resources mentioned: Show Notes: www.GetRichEducation.com/454 Michael’s transformational event: Generational Wea