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Reply to "How much is considered generational wealth? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you paid for your kids college and gave them downpayment help, that’s generational wealth. [/quote] This! The other posters gabbing on about 100m I'm sure they don't have that! The biggest thing a child can get is a debt free education and the know how to manage money. My father inherited millions, payed for my school, and gave me a car. Then I was cut off. I was taught to save and manage my own money. I have absolutely no idea IF I will inherit anything and NO expectation to get a dime. I don't care at all about this because I have millions of my own. I suppose I inherited good habits to grow money. Oh, and I drive a Prius. ...to my kids Big 3 school, to my 2nd and 3rd homes, to my $3.5M primary home, and everywhere in between...[/quote] LOL! We have millions and drive the Prius to our 2nd home too.[/quote]
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