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creating generational wealth

When it comes to helping businesses grow, personal wealth creation is often the best strategy. So we created a personal wealth creation course that breaks down how to generate and save money with your current and new business.

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How Generational Wealth is Being Created by New Batch of Gen Xs & Millennials

Introduction- What are the latest stats about generational wealth? A new report by the Boston Consulting Group, titled “Millennials and Generation Z: Wealth, Employment and Entrepreneurship”, reveals that the millennial generation is not as financially disadvantaged as they’re made out to be. The study found that millennials are actually wealthier than their parents’ generation was at the same age. The median net worth for millennials in 2016 was $96,000, which is more than double of what the median wealth was for Gen Xers who were about $43,000 in 1996. As technology advances, there are more opportunities for millennials to launch their own businesses. Millennials are also becoming entrepreneurs at a much higher rate than previous generations.

Generations that have been unfairly left behind and how they are outpacing their parents

Millennials have been unfairly left behind by their parents who are still stuck in the outdated mindset. This generation is more creative and entrepreneurial than the people before them. Generations that have been left behind are revitalizing themselves at a pace that their parents never could. They are out-performing the people before them and occupying the leadership roles in society. Millennials, for example, have a knack for innovation and entrepreneurship that their parents did not have – making them a force to be reckoned with in business. The boomers, on the other hand, were never able to harness these skills either because they were not willing or because they did not understand what was going on.

The difference between “job creators” and “job seekers” from a new perspective from a Millennial’s eyes

I am a Millennial. I was born in 1994. I am 25 years old and have spent my life on the internet. From a Millennial’s perspective, there is a difference between job creators and job seekers. The first group of people are those who make money on their work, while the second group are those who depend on their work to make money (most likely because they do not have other skills). Millennials are more likely to be job creators than job seekers, but this does not mean that Millennials are all rich. Many Millennials still struggle with finding good jobs that will pay them what they deserve for their work – meaning that most Millennials are “job seekers.” The term “job creator” has been used so often over the last few years by politicians and lawmakers.

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