Legacy Building

Another passion of mine is showing others how to build generational wealth. 99% of the population is not born with a silver spoon in their mouths. We come from generations of families that have had to struggle to keep food on the tables and a roof over their head. We all have an obligation to leave a legacy for the generations coming after us. If you don't believe me it's written in the bible.

Proverbs 13:22 A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just.

Many people suffer from a lack of knowledge. Knowledge is key to understanding all things. We could talk about how generations before us had wealth literally stolen from them, whether it was in their face or behind their backs. We could talk about how those actions intentionally set up generations for failure, for many many years to come affecting 10 or more generations or over 250 years. Now, we are in a different period of time. I truly believe every person has the same opportunity as the next individual to succeed. It all has to do with your mindset. I know there are people that may disagree with me but again that's where your mindset comes in. If you feel like you can't get ahead in life because of how your great great great grandparents were treated or how you are being treated it's time to re-evaluate how you think. Once you become an adult you have free will to do what you choose with your life. If you focus on being better than your parents, or being the best parent that you can be to your children, or setting your children up for success when they get older then you already have the mindset needed to build generational wealth.

I am currently on a journey that I like to call 'Closing The Gaps'. It consists of spiritual, personal, financial, emotional and physical gaps. I feel like starting with one leads to fixing all the others. If you haven't guessed by looking at this blog, spiritual gaps, is the first one I have placed my main focus on. Fixing spiritual gaps is the first step to closing all the other gaps in your life. One thing it does is make you a selfless individual that is more concerned about the welfare of those God has put you in charge of. I personally know many people that feel like once their children reach the age of 18, then it's up to them to figure out how to navigate life, without giving them the tools to do so. I struggled for a while as a single parent and I just learned how I could build generational wealth for my children and their children in the future.

Once I seen the value in it, I wondered why no one ever approached me about this before. Again, it goes back to lack of knowledge. However, what I learned is that the wealthiest people in America and beyond build generational wealth in this very fashion. Remember, the end goal is to leave a legacy for your children and your grandchildren.

So you must be wondering what I am talking about. When I mention it you'll probably wonder how in the world do you build generation wealth off someone dying. Well, that's not the way to look at it. What we are discussing here is life insurance. Yep, life insurance. DONT CLOSE THIS PAGE OUT JUST YET. I know that people don't want to think about dying but two things are certain in life, death and taxes. Many people have lost loved ones unexpectedly in the past 2 years. It created a financial burden on many families. I am a licensed life insurance agent. I am qualified to write policies for various life insurance products anywhere in the United States. People are opening their eyes to the fact that preparation is necessary, regardless of age, occupation, sex, marital status and financial status. I show people how to first, come to terms with the fact that it's a responsibility of ours to prepare for death. Second, we are not to put anymore burden on our families than what they will face upon our death. Third, we want our families to remember us for the things we did while we were alive, not the bills they left us when they are gone.

Everyone is familiar with the popular go fund me pages of people asking for help paying for someone's funeral, or for money to give to the children that were left behind. There's nothing wrong with that, but why rely on strangers when you can plan accordingly for a small monthly expense. The popular misconception with life insurance is that you don't need it until you die. By the time that happens it's too late to think about it. What I, and many others in my profession, do is show you how to invest in the life of generations after you. At the same time, you are teaching those that come after you to do the same for themselves and their children.

There are various products you can look into. I focus on the following:

1. Million Dollar Baby (policies beginning at birth or at some point during childhood)

2. Final Expense

3. Term Life

4. Whole Life

5. IUL's (Indexed Universal Life policies)

6. Setting up 401K's and rollovers (varies by state)

I will be posting videos about each of these in separate links but in the meantime if you have any questions or are interested in beginning your journey to building generational wealth contact me at buildgenwealth100@gmail.com. You can also catch me on the chat function on this website. Thanks!