Episode
The Psychology of Families Who Stay Rich For Generations
- Podcast
- Building Your Money Machine
- Published
- Mar 16, 2026
- Duration seconds
- 1738
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Summary
Welcome to another impactful episode of the Building Your Money Machine Show! In this episode, I pull back the curtain on a topic that’s rarely talked about honestly...the psychology of families who stay rich for generations. Did you know that 70% of inherited wealth is gone by the second generation, and a stunning 90% by the third? It’s not a market issue or an investing failure...it’s a human problem. I'm sharing lessons from over three decades as a CPA, money mentor, and entrepreneur, plus...