Pay Yourself First
In the first episode of Generations of Wealth, host Richard Landzaat shares his journey from childhood side hustles to becoming a chief financial officer and successful business owner. Richard talks about his experiences in mergers and acquisitions, real estate, and business investments, highlighting the lessons he’s learned about creating and managing wealth.
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Key Takeaways:
Start Early and Pay Yourself First: Richard emphasizes the importance of saving consistently and automatically.
Good Debt vs. Bad Debt: Not all debt is harmful; Richard will explain the difference.
Understanding Wealth Transfer: With trillions of dollars set to transfer between generations in the coming decades, it's essential to understand how to do this with a proper strategy.
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Generations of Wealth is produced by Story Studio Network. www.storystudionetwork.com/