We’ve all heard the term generational wealth, on episode 3 I’m excited to speak with Professor LaTanya White who is a passionate about building wealth not just to “be rich” but to be financially healthy as a family. When sending a child to college, being in college or starting life after college, managing your money & looking forward toward long-term success is a major key. Professor White shares from her expertise on how Black families can succeed in doing this in this robust episode.
Definition of Dynastic Wealth
Dynastic wealth occurs when families pass money down from one generation to the next. It’s a cyclic process: Each generation can grow the previous generation’s money and leave it to the next generation, which then continues to grow it.
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