What will your generational wealth legacy look like?
No, we’re not talking about the value of the estate that you hope to leave for loved ones.
We’re talking about something much more powerful than that.
No matter if you received inheritance money or not from parents or elders there’s a legacy you were given by them – Generational Wealth.
Generational wealth is all the habits and beliefs that were handed down to you through your familial and cultural lineage – we’re talking generation upon generation upon generation.
If you have a familial history of slavery the legacies of that time will be with you; if six generations ago your family survived deep poverty that legacy will still be with you; if your family was one of the wealthiest landowners in the area that legacy will still be with you.
You might not consciously feel it but your body does and it will react every time you take an action that is at odds with its current belief system.
And your money habits will show us what that belief system really is.
If you make a seriously good income but don’t ever have savings despite wanting to create a nest egg then somewhere inside there’s a story you have picked up. That story subconsciously kicks in the moment your bank balance is healthy, triggering a habit to spend until you’re back at zero again.
It’s so deeply ingrained within you, almost like money DNA, that trying to use willpower and discipline alone to change the story is extremely unlikely to succeed, especially for the long term.
But this doesn’t mean you’re doomed to a life with no financial safety blanket.
Instead we have to actually take some time to get under the surface, shake things up and become aware of the stories that are impacting us and actively decide if they are ours or not and if we want to keep them and pass them on to our children and grandchildren…or not.
Left unexamined and uncleared we WILL pass all of our current generational wealth legacy on – that’s all the uncleared money stories of every generation that has gone before us plus some we’ve made up all by ourselves during our lifetime.
That’s a legacy worth checking you actually want to give.