Finally, The Step-By-Step Blueprint To Building Generational WealthPatrick Jackson, a financial planning attorney turned digital entrepreneur shares the story of his life’s struggle to overcome financial adversity and eventually build generational wealth. In The 12 Elements, he uncovers the following and to build wealth using index fundsthe 4 keys to saving moneyusing tax-advantaged retirement plans to build wealthhow to slash your taxeseliminating consumer debtweaponizing your credittypes of insurance you need to fully protect your wealth against uncertaintieshow to use tax-advantaged educational funding vehicleshow to crush student loan debtthe greatest investment you can ever make how to accelerate your accumulation of riches through entrepreneurshipusing estate planning to effectively pass on wealth to your loved oneshow to ingrain wealth-building habits in your childrenIf you’re serious about building wealth for yourself and for generations to come, then get this book!
This is a good book to read for those who are just starting to learn about savings and investment. The author offers practical advice based on his life experiences and things he has learned along the way. The advice is very US-centric so if the economic landscape and laws in your country differ, then some of it might not be as applicable to you. But still educational!
Even though it’s a nonfiction book, I’m touched by the author’s story. He grew up in a working-class family and became a lawyer. After numerous financial and relationship failures, the author eventually achieved the life of his dreams.
I have an MBA in finance and already know almost everything about how to manage my finances. I still feel this is a well-written book. Very uplifting.
It is an enjoyable book and a complete and comprehensive guide to finance. It gives you deep insight into how to get started and build a healthy financial life, even for those of us who, like me, have never thought about investing. I am very excited to start investing and better managing my finances. Amazing!
Excellent financial management specially for youngsters
Very well written and to the point financial guide for both adults and youngsters. I really liked the structure how the book is organised point by point. Every parent should make it available in their kids' book collection. Recommended.
The author covered everything! He was very thorough, and he dedicated an entire chapter to teaching our children this invaluable information, which is so key because generational wealth also means generational knowledge. I also love that he address entrepreneurship. Excellent information and very well organized.