Wealth in the Fifth Dimension

31/365: How to Build Wealth Without Repeating Your Parents' Money Mistakes


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Hey guys, welcome back to my podcast! Today I'm talking about how our parents influence us, especially when it comes to money. I've noticed as a wealth manager that sometimes people have trouble with money because of how they were raised. Like, if your parents never talked about money, you might not be good at handling it either.

I shared a story about how I didn't ask my own parents for advice before proposing to my wife because I knew their views on relationships weren't the best. It was awkward, but I had to break that "generational curse" and make my own choices.

We all have things we get from our parents – good and bad. It's important to focus on what we can control and try to change the bad stuff. Like, if you're always worried about money because your parents were, you need to figure out how to change that for yourself.

I want you to think about how your parents might be affecting your life, whether it's your health, relationships, or your money. What can you do to make things better?

Thanks for listening! Don't forget to follow and share the podcast if you liked it. I'll see you in the next episode!

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Wealth in the Fifth DimensionBy Joe Soto