We're diving into some seriously eye-opening insights from wealth strategist Andrew Gold, who shares his wisdom on generational wealth and the wild world of financial habits. One of the standout points is the massive wealth transfer that's about to happen—think 60 to 80 trillion dollars over the next couple of decades! It's crucial stuff, especially if you're part of that sandwich generation balancing the needs of both kids and parents. We’ll also chat about "financial genetics," which basically means our money habits often mirror what we learned from our parents. Plus, we'll touch on actionable tips like teaching kids the real cost of things and the importance of investing early. So, grab your headphones and get ready for a fun ride through the world of finance!Takeaways:<ul><li> Wealth strategist Andrew Gold highlights a massive wealth transfer of 60 to 80 trillion dollars happening in upcoming decades. </li><li> Understanding 'financial genetics' can help us break emotional patterns tied to how our parents managed money. </li><li> Teaching kids about the real cost of things is crucial for their financial literacy and future success. </li><li> Recognizing that saving too much can lead to negligent gratification is vital for maintaining life balance. </li><li> Andrew Gold provides actionable tips on 529 plans, UTMA accounts, and Roth IRAs for financial planning. </li><li> His mantra of thinking in decades, not days, encourages patience and resilience in investing. </li></ul> More about Andrew Gold:<a href="https://pwealthmgmt.com" rel="noopener noreferrer" target="_blank">https://pwealthmgmt.com</a>Check out more episodes: <a href="https://aboutthatwallet.com" rel="noopener noreferrer" target="_blank">https://aboutthatwallet.com </a>Episode 315 bonus

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315: [Andrew Gold] Ai Review

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