Understanding Generational Wealth: Why it Matters & How to Start Generational wealth is the money, assets, and knowledge passed down from one generation to the next. It can be anything that helps your children or grandchildren get ahead — a home, a business, life insurance, or simply financial know-how. Why it Matters: Without generational wealth, each new generation has to start from zero — working harder just to catch up. But when families pass down assets and smart habits, it: 4. Talk About Money Openly – Teach saving, budgeting, and credit. 5. Start a Side Hustle or Family Business – Build something that last Wealth-Building Options Comparison ✅ Term Life ✅ Whole Life ❌ Builds Wealth ✅ Builds Wealth ✅ Protects Income ✅ Protects $$ ❌ Living Benefits ✅ Living Benefits ❌ Tax Advantages ✅Tax Advantages ✅ IUL ✅✅ Builds Wealth (Strong) Ask Yourself These 9 Questions! 1. How would your family be taken care of in the event of an untimely death? 2. How & Who would pay for your children’s education? 3. How & Who would take care of you in case of a disability? 4. How would you take care of the mortgage & any debts? 5. How would you cover funeral expenses? 6. How would you support yourself in your retirement? Creates security Opens opportunities Helps break cycles of debt and poverty. ✅ Protects Income ✅✅ Tax Advantages (Strong) 7. How would you pay for any medical expenses? It's not about being rich — it’s about planning ahead so your family has more choices and less stress. ❌ GoFundMe ❌ Builds Wealth ❌ Protects Income ❌ Living Benefits ❌ Tax Advantages 8. How would you provide for savings? While GoFundMe can be a helpful tool in an emergency, it’s not a guarantee or reliable way to secure your family’s financial future. A life insurance policy, on the other hand, is a proactive dependable solution that ensures your loved one are supported without the uncertainty or stress. Just think about this you insure things that can be replace but often hesitate on life insurance, which protect something irreplaceable: your family’s financial future • • • 5 Simple Steps to Start Building Generational Wealth 1. Buy Life Insurance – Start with Term for affordability or Whole Life/IUL for longterm growth and legacy. 2. Open a Savings Account for Your Child – Even $10/month makes a difference. 3. Get Mortgage Protection – Secure your home for your family. ✅✅ Living Benefits (Strong) 9. How would you give yourself a piece of mind?
Services Offer Whole Life • Term Life • Mortgage Protection Payments • Final Expense • IUL (Index Universal Life) • General Wisconsin Notary - • Kymmoniy Financial Group Act Now Free No Obligation Quotes Products and Services Protection Your Family – and secure your legacy today Email: kymmoniy@gmail.com Call / Text: 414-346-0196 Milwaukee, WI Kymmoniy Financial Group Kimberly Watt-Daniels License Insurance Advisor & Wi Notary NPN: 21165513 Cell/Text: 414-346-0196 Email: kymmoniy@gmail.com
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