Legacy Investing
raising money-savvy children who understand economics, finance, and investing
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Legacy Investing
Narrated by:
Virtual Voice
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Narrated by:
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Virtual Voice
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By:
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Jason McClure
This title uses virtual voice narration
Virtual voice is computer-generated narration for audiobooks.
About this listen
Jason was pushed out on his own at 17 and finished high school without any family support. He then attended college, grad school (multiple times), earned a trade, and started various businesses. Some failed, some struggled, and some succeeded. Like many people, he suffered many personal, professional, and financial setbacks. He wanted to quit many times, but he never did. When asked why he said, "I guess I wasn't smart enough to quit, but on a more serious note, I knew I didn't want to go back to where I started. Going backward wasn't an option."
Jason authored this book for people like him. People who struggled or still may be struggling. If you have humble origins but desire to do more, have more, and be more, this book will help. If your goal is to alter your family's trajectory, this book is for you. This book is for people who are looking to improve their social-economic standing. This book provides a framework for teaching children about money. It builds on eight parenting principles: universal truths that challenge instant gratification, fifteen minutes of fame, and today's overly connected world view that wealth is easy, deserved, and instant.
This book is not a get-rich-quick guide; it doesn’t glamorize the lucky: the born rich; at times, it challenges the status quo and common financial assumptions; and it takes on the myth, lies, and conspiracy theories famous financial gurus peddle. The people using fear to prey on well-intended who just want to improve their situation. This book believes that sustainable first-generation wealth takes years to accumulate. So, in short, if you are looking for a resource promising overnight riches, this book is not for you. This book discourages day trading, speculation, cryptocurrencies, and other forms of gambling. Instead, it focuses on proven long-term value investing.
Legacy Investing believes that parents must instruct their children about money. The money discussion must be open, honest, and frequent. It also says that talking about money is more than currency and investments. Financial discussions must instill values, principles, and beliefs that have been proven to make people successful—not just financially, but in life. For example, things such as: postponing gratification, diligent work, and earning a solid education. This book isn’t about settling, surrendering, or succumbing to any unpleasant situation. Instead, it focuses on striving to reach your goals no matter how lofty, ambitious, or quixotic.
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