We have heard before that successful people have been given the means to hit success. Often, we may not realize it, but the money given, passed down, or even gifts like a car are what people call generational wealth.
You must create a roadmap for your wealth that helps you accomplish your goals. After you have saved enough for yourself, you start by accumulating more assets to help your future generations.
Here are 7 ways to help build generational wealth.
Investing in the stock market may be one of the easier ways to create wealth for your family. This can be done by investing in low-cost index funds like Vanguard index funds or even Fidelity Index Funds.