What Even Is Generational Wealth?

What? In This Economy?

A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just. -Proverbs 13:22

For Future Generations

Getting married and having children has bizarrely become the greatest act of rebellion against modernity, surpassed only perhaps by taking said family to Church every Sunday. Our elite tell us having children will boil the planet, and our peers tell us getting married will kill our souls. The courts, corporate bosses, and even many half decent churches have aligned themselves against the man who just wants to work hard and raise a family the way his grandfathers did fifty years ago. But worse than all this, the Millennial such as myself looks about upon an impossible situation. Well, not impossible, but seemingly so. The economy has been spiralling down since the Reagan administration with but a few technical jolts of energy along the way, our institutions are irredeemably corrupt, and our leaders (those which aren’t hunting for prey in the children’s section at Target) are either mentally incompetent to lead or helplessly anaemic to provide a real solution. Some trust in princes and some trust in horses, so to speak.

But how is a husband and father to provide for his family, much less create wealth in times like these?

I think before one can answer these questions one must define the terms. What is generational wealth? Where does it come from, and where does it go?

Riches certainly make themselves wings; they fly away as an eagle toward heaven.

I would posit that there are primarily three categories of wealth, and that these categories will help us understand our situation more clearly.

The three categories I have come here to define are:

• Monetary Wealth

• Property Wealth

and

• Intellectual and Spiritual Wealth

Each of these Forms, as it were, provides a different aspect of wealth which can be passed on. I will post more articles soon on each of these Forms. I think discussion of generational wealth will help young men such as myself to not only provide for our own, but create real familial prosperity, despite the desperate situations in which so many Millennials find themselves today.