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Content provided by Strickland Bonner, Dr. Jason, and Scott Henderson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Strickland Bonner, Dr. Jason, and Scott Henderson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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Why Most Families Stay Broke and How to Break the Cycle

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Manage episode 485416496 series 3401707
Content provided by Strickland Bonner, Dr. Jason, and Scott Henderson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Strickland Bonner, Dr. Jason, and Scott Henderson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, your hosts Jason and Scott discuss:

● Breaking generational financial cycles

● Creating personal banking systems

● Importance of financial education

● Leveraging other people's resources

● Training heirs, not just accountants

Key Takeaways:

● Wealthy families don't just accumulate wealth; they create systems that perpetuate financial growth across generations.

● Traditional education fails to teach real financial principles, and breaking free from the industrial-era mindset of job dependency requires intentional learning and strategic thinking.

● Controlling your financial ecosystem matters more than simply earning money.

● Leverage isn't just about money, but also involves utilizing other people's time, knowledge, and resources, and successful families train their heirs to think strategically about wealth creation, not just accounting.

● Reading key financial books, having open family discussions about money, and developing a long-term wealth strategy are critical steps in breaking generational financial cycles.

"The business of banking is nothing more than buying money at wholesale and selling at retail” — Jason Henderson

Connect with Jason and Scott:

Website: https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs

Facebook: https://www.facebook.com/groups/realestateinvestorsofutah

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

@jasonihenderson https://www.instagram.com/jason.henderson/

Email: [email protected], [email protected]

  continue reading

139 episodes

Artwork
iconShare
 
Manage episode 485416496 series 3401707
Content provided by Strickland Bonner, Dr. Jason, and Scott Henderson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Strickland Bonner, Dr. Jason, and Scott Henderson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, your hosts Jason and Scott discuss:

● Breaking generational financial cycles

● Creating personal banking systems

● Importance of financial education

● Leveraging other people's resources

● Training heirs, not just accountants

Key Takeaways:

● Wealthy families don't just accumulate wealth; they create systems that perpetuate financial growth across generations.

● Traditional education fails to teach real financial principles, and breaking free from the industrial-era mindset of job dependency requires intentional learning and strategic thinking.

● Controlling your financial ecosystem matters more than simply earning money.

● Leverage isn't just about money, but also involves utilizing other people's time, knowledge, and resources, and successful families train their heirs to think strategically about wealth creation, not just accounting.

● Reading key financial books, having open family discussions about money, and developing a long-term wealth strategy are critical steps in breaking generational financial cycles.

"The business of banking is nothing more than buying money at wholesale and selling at retail” — Jason Henderson

Connect with Jason and Scott:

Website: https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs

Facebook: https://www.facebook.com/groups/realestateinvestorsofutah

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

@jasonihenderson https://www.instagram.com/jason.henderson/

Email: [email protected], [email protected]

  continue reading

139 episodes

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