A Valuable Inheritance
Providing income can be stressful in the current economy, let alone building an inheritance.
But what if there was a way to leave an inheritance that’s worth more than money?
In inheritance typically looks like this:
A person works hard and has success in whatever industry they are in. This person accumulates money because of the value in goods and services they have brought into the world. This person may save 6 months in case of emergencies, they will pay off all their debts and begin to accumulate savings. They’ll usually begin to invest, diversify the things they own into different channels. The aforementioned channels multiply into more value than the person that use in their lifetime. When this person passes they leave property (real estate, property), possessions (money, jewelry, vehicles) assets (businesses) and sometimes legacy (principles to live by, a foundation, family photos and documented memories).
I am more concerned about leaving behind values than money because values can always create money. Money cannot always create values.
Here are 5 things I hope to leave my children with:
Having a Good Work Ethic
Being a Promise/ Word Keeper
Being Respectful to All
Focusing on Others versus Themselves
Integrity, Honesty, Fortitude, Loyalty
When we become more concerned about our inheritance of values rather than possessions, we will be able to see a provision in ways we never imagined.