Motivations: Money Lasts Just Three Generations | Series 5.8

Let's reexamine the importance and the skills that we need to teach for wealth to truly be generational for those to come. ...human nature & all of the world seems to dictate that money and wealth is going to dissipate as the generations progress. (02:15) What happens when there is a lack of purpose, a lack of autonomy, a lack of ability to pursue a mastery. And what this can lead to is a very unhealthy and potentially self destructive money mindset. (05:21) Give them that opportunity to master something completely new, then they'll have the building blocks of a happy life, a longer lifespan, and you know, as well as longer lifespan to the wealth that we're helping create. (07:58) Quote for the episode. "Am I just trying to make my life easier for my kids because that automatically defaults to better? Or should I be trying to shape the mindset to enable them to go out and create a purpose, autonomy to move and a reason and a desire and a passion to go out and master something?" (09:04) Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.