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Building a discipline Culture: An Author's Guide to generating wealth (Paperback)
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$110.00
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商品簡介 |
| Financial assets that are passed down through a family's generations are referred to as generational wealth. In addition to real estate and family enterprises, these assets may also include cash, stocks, bonds, and other types of investments. Due to its significant role in both the racial wealth gap and the rising wealth concentration in the U.S., generational wealth has recently taken center stage in talks concerning both issues. Any asset that a family passes down to its children or grandchildren, whether it takes the form of money, investment funds, stocks and bonds, real estate, businesses, or even whole corporations, is referred to as generational wealth. Real estate is one of the most typical methods that individuals acquire and transmit generational wealth, which is what inspired Halstead to start Black Women's Build. "Owning a home is how you go into the middle class, right? The leap is that. You can see that you are accumulating equity, "she claims. And equity matters: When you sell or refinance your house, you can use your equity as leverage to increase your wealth or otherwise enhance your life. Moving to a more pricey home, making upgrades to your home, saving for retirement, paying for your child's college tuition, or making an investment in a business endeavor that might boost your income are some examples of this. Due to this, individuals may engage in social mobility and risk-taking that those without means simply cannot. Get a copy of the book to know more |
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