Dollars and Nonsense

E29: How to Leave a Better Legacy


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In this episode, we will discuss how to leave a better legacy. And we'll share some practical tips you can implement that will help you leave a large and generational legacy for your family.

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~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e29/

Leaving a better legacy is a topic that's dear to our hearts because we deal mainly with the world of life insurance. In episode 29, we're going to talk about some practical steps, as well as some philosophical ones, I guess you could

Today, we're going to talk about some concrete steps. And we'll share some fundamental philosophies, so you can leave a better legacy that will last.

Leave a Better Legacy Topics Covered:
  • Figuring out how much money is enough
  • Getting rid of poverty mentalities
  • The Bible's stance on inheritance
  • Ridding yourself of the scarcity mentality
  • Setting bigger long-term financial priorities
  • Developing and passing down money wisdom
  • What we can learn from two of the wealthiest American families that ever existed
  • How saving 10% is a myth that could hurt you
Episode Takeaways:

There are two mentalities we scrimp and we save so that we don't really live life at all. And we pass that mentality down to our kids.

Biblically, it says in Proverbs that a good man, a righteous man, leaves an inheritance for his children's children.

We ought to try to leave as much good with [our kids] along with the money [...] instead of having this scarcity mindset.

With an [...] abundance mindset [...] if you start thinking about it that way, it will come to pass.

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e29/

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