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Keys to Create Lasting Generational Wealth

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My Willie Jolley Wealthy Ways Sirius XM guest this week is Kathy Loveless, an international speaker, strategic coach and author. She is a founding member of the Million Dollar Speakers Group (a part of the National Speakers Association) for her success in creating a business that generates millions of dollars annually!

Kathy Loveless, was a former Miss Utah, who went on to the Miss America Pageant. She worked on Wall Street; started her company over 30 years ago and has since spoken for companies like Dupont, AT&T and big banks around the world.

Today, Kathy specializes in helping individuals and families – not only generate wealth – but to maintain it and create real generational wealth that lasts beyond one or two generations.

Statistics show that only 10% of families are able to maintain the wealth and the family togetherness past the second generation! They either spend all the money or they fuss and fight about the money and end up hating each other.

Kathy Loveless teaches families how to create wealth, and how pass it on.

Here are 10 memorable takeaways from the Kathy Loveless's interview:

  1. Decide to get an abundance mentality – there’s more than enough!

  2. Learn how money works and how to make it grow.

  3. Save and invest your money. Make it go out daily to work just like you get up and go to work.

  4. Teach your children and family members about the importance of money and that it must be cared for if you want it to stay around.

  5. Learn how to spend money wisely. Wealthy people spend like they are poor; while poor people often spend like they are rich.

  6. Decide carefully who you marry. Staying married is a good way to grow your wealth.

  7. Work on your vision and how you want your life to look and feel. Be specific.

  8. Watch your words. Do not speak negatively about yourself or your money.

  9. Become a problem solver. Think, think, think about how to solve your problems and it will make your mind work more efficiently.

  10. Work hard. Work smart. Trust God!

Listen to this new Willie Jolley Wealthy Ways Show interview on Sirius XM Radio channel 141-HUR Voices Saturday at 4pm ET, Tuesday and Thursday at 6pm ET

For immediate access to all other interviews, download The Willie Jolley Wealthy Ways Podcast on C-Suite Radio, Apple Podcasts, iHeart Radio, Spotify, Stitcher, TuneIn, or wherever else you get your podcasts. Listen and be inspired!

Keys to Create Lasting Generational Wealth

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