Rumbidzai Machakata, a student at the Henderson State University. She shares how her family came very near financial freedom only to see it snatched away by one bad decision.
Building Generational Wealth for Financial Independence
I was born to wonderful parents who tried to raise me the best that they could but they never sat me down to give me any financial nuggets. However, all lessons are not learned through verbal interactions, sometimes observation can serve as a very powerful tool.
The biggest lesson I learned from watching my parents is set up financial wealth for generations to come; financial increase should be accompanied by wisdom.
The effort that we put into hunting for wealth should be equivalent to the effort that we invest in the wisdom to manage our wealth.
The one good financial lesson that I took from my parents is you are never too successful to be immune to bad financial decisions and set aside wealth for generations to come.