What’s one thing we should do to create generational wealth in our community?
Rodrick Rogers
Atlanta by way of Columbus
“What I think we should be doing to create generational wealth is getting our finances in order. Limit spending so we can conduct a plan to purchase properties in the future.”
Latoya Thurman
Ellenwood
“What I think we can do to create generational wealth in our community is teach our children personal finance because that is not something I learned. Even though my mom would always say to make sure you keep your credit good and save money, she never taught me how to do those things. So now I’m older, I’m in my 40s. I’m taking classes on personal finance and learning all kinds of stuff that I did not know about, like budgeting, I knew about, budgeting and how to negotiate higher pay raises, what IRAs and all these different investment accounts are hiding your savings; I knew nothing about that until taking that class. So, I think that that’s not our children that they need to do these things but give them the tools and teach them how to do it.”
Risaiah Osborne
Atlanta
“What do people need to help them facilitate more generational wealth? Mine would be just educating them. The biggest thing is ensuring people know how to finance and manage their money. One of the biggest issues in my life is understanding what I do need to buy and what I don’t need to: buy needs versus wants. One of the things that comes with generational wealth is getting yourself right. If you want to build generational wealth for the generations to come, you need to make sure you’re right. So, there are times when you need to make sacrifices. Things you’re going to want that you don’t need.”
Kenzi Ableman
Decatur
“My answer is that I believe we need to expand our knowledge in that we need more access to information on how to invest our wealth, how to save our wealth, how to use our taxes to our benefit, how to save our money that we are working so hard to get.”
