On Financial Stewardship To Build Generational Wealth

Modern society demonizes money and wealth, but money is merely a tool. Here is how to get started on financial stewardship to build generational wealth.

Modern society teaches people to live in the moment. There are advertisements to buy the latest cool gadget with the latest updates, spend money going out with your friends, and purchase shiny cars to keep up with the Kardashians. Many things that modern society pressures people to do go against their self-interest. All of these teach short-term thinking. Good financial stewardship is required to build generational wealth.

Modern Society Criticizes Money

Modern society often demonizes money. Someone who is wealthy is often presented as evil in movies and shows. Business owners are often presented as being greedy. Yet, it is often conveniently avoided the sacrifices that many of these people made to build a successful business. In building a business, they were able to employ people.

They created jobs that would not have existed had they not taken the risk to start their businesses. They produced goods and services that people wanted or never knew that they wanted, such as the iPhone, a simple t-shirt, or a new book.

You may even be demonized because you make more money than most people. This is an unhealthy attitude that popular culture now emphasizes. It creates a victim mindset rather than a growth mindset.

Popular culture’s demonization of money prevents people from learning financial stewardship and wanting to build generational wealth.

You could think out a decade. You could think out two decades. You could look ahead fifty decades. The farthest you can look out for is preparing for the generation after you die.

It is best to go against what modern society says. It is best to invest in yourself and future generations. One way to do that is to learn financial stewardship and to work to build generational wealth.