Hey everyone, welcome back to my channel! Today, I’m excited to share my journey towards building generational wealth from scratch, with the goal of making my son a millionaire by his 20s and 30s. I’m completely new to this, but I’m eager to learn and share my experiences with you.
In this video, I’ll be discussing three key financial strategies I’ve implemented for my son’s future: a custodial Roth IRA, where he works alongside me in my business since birth, an indexed universal life insurance policy, and a high-yield savings account. Please remember, I’m not a financial expert, and these are simply the steps I’m taking based on my own research and experience.
It’s important to consult with professionals such as lawyers, financial advisors, and life insurance agents before making any significant financial decisions. While my example is for educational purposes and should not be taken as financial advice, I hope it inspires you to explore similar strategies for your child’s financial future.
Throughout the video, I’ll include examples of potential future profits using compound calculators, high-yield calculators, and an IUL calculator. I encourage you to play around with these tools online and conduct your own research to see the incredible impact of starting early on your child’s financial journey.
Don’t forget to subscribe to my channel for more insights into my journey towards building generational wealth and making my son a millionaire. Together, let’s find our own paths to securing our children’s financial futures. Thanks for watching!…(read more)

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Get Rich Quick? How I’m Making My Son a Millionaire by 20! Guide to Building Generational Wealth

In today’s fast-paced world, the idea of getting rich quick can be tempting. Many people are constantly looking for ways to make a quick buck and achieve financial success in a short amount of time. However, the reality is that true wealth is built through diligent and strategic planning over a long period of time.

As a parent, one of the greatest gifts you can give your child is teaching them how to build generational wealth. By setting them up for financial success early on, you can ensure that they have a secure and prosperous future. With the right guidance and planning, you can help your child become a millionaire by the time they reach 20.

Here are some key steps to building generational wealth and setting your child up for financial success:

1. Start Early: The earlier you start teaching your child about money management, investing, and saving, the better. By instilling good financial habits from a young age, you can help them build a solid foundation for their future wealth.

2. Teach the Value of Money: It’s important for children to understand where money comes from and how to earn it. Encourage your child to take on responsibilities and earn their own money through chores, summer jobs, or entrepreneurial ventures. This will help them learn the value of hard work and money.

3. Invest Wisely: Teaching your child about investing early on can help them grow their wealth over time. Encourage them to save a portion of their earnings and invest it in stocks, bonds, real estate, or other assets. By starting to invest at a young age, they can take advantage of the power of compound interest and grow their wealth exponentially.

4. Set Financial Goals: Help your child set clear financial goals for themselves and create a plan to achieve them. Whether it’s saving for college, starting a business, or buying a home, having a clear vision of their financial future can help them stay motivated and focused on building wealth.

5. Lead by Example: As a parent, it’s important to lead by example when it comes to financial management. Show your child how to budget, save, invest, and make smart financial decisions. By demonstrating good money habits, you can inspire your child to do the same and set them up for success.

By following these steps and guiding your child on their financial journey, you can help them become a millionaire by the age of 20. With determination, discipline, and the right guidance, building generational wealth is within reach for any family. Start early, teach the value of money, invest wisely, set financial goals, and lead by example to help your child achieve financial success and secure their future wealth.