Depends the skill, they can come and go. Keeping generational money is far more difficult than learning a skill. Passing the money to a kid is easy, teaching that kid the proper skills on not only saving the but also making it grow or at least maintain its value is extremely difficult but extremely worth it.
As someone who saw first hand “generational wealth” kill incentive and work ethic you are exactly right. New money tends to think giving their kids unearned money is a blessing - it isn’t.
Man I've been watching you for a decade or so. 6 Pack Suicide times. Your consistency and development over the years is impressive. And you've contributed to me so much, especially in terms of mindset, productivity, and physique. I appreciate you, Big Homie 😉
We want to advance each generation not only in material goods, but more importantly, in physical, mental and spiritual goods. Cheers spreading positive messages .🙏🏿
Top tier advice man. Had this conversation with my friends about not leaving your fortune to your kids. They won't appreciate it because they didn't earn it💥
Brandon speaking facts when you give a child everything they become like they don’t have to do anything and put much effort in. It’s all about what Brandon says generational skills teach your kids life skills so they can make money and become successful.
Facts, I remember watching your home workouts from atleast 10 years ago, made me realize that I don’t need a gym to get in shape, you stayed consistent this whole time and still look good. (Pause)
The thing about skills is they aren’t always in demand. People who come from nothing sometimes get lucky very few can reinvent the wheel. Generational wealth is good and make sure the child knows how to manage and invest and lives on a realistic budget.
Generational wealth is about power. The families that have generational wealth control media, commodities, politics, technology, etc. They pass on the skills, network, and pedigrees. They educate them in the best schools you probably never heard of like Institut Le Rosey. They put the money in non-taxable trusts, and then they give their children control of those trusts. When people say generational wealth they should mean power. It doesn't or shouldn't mean giving a child a bunch of unearned money to do whatever with so they don't have to work. It's about families maintaining control. Teaching a kid skills is a good thing, but they need resources too. The world is super competitive and many parents in the Black and Spanish communities like to send their kids to get it out the mud and start from scratch because they had to, and all these White kids are starting life on third base or owning the whole field.
Incorrect, most generational wealth is squandered. You have to ensure your kids have skills and a good work effort before dumping money on them. You are also making the typical broke victim loser-think argument of “you cant make money without money.” Do you realize most millionaires are first generation? Obviously not because you are playing the victim which will never help you even when true. the way Brandon and the vast majority of millionaires succeeded is by investing their “active” income until their investments “passive” income proceeds exceeds their active income. Loser-think people try to get rich quick by using schemes and shortcuts that never work. Im guessing this is you. Finally, why as a broke person are you arguing a point with a financially successful person like Brandin. That is inherently dumb. Talk less, listen more
@@houserental5424 Insulting people to make a point is sign of immaturity and low intelligence. It seems like you're projecting a lot of your own insecurities onto my comment.
Simulate poverty. Make them have a middle class lifestyle that won’t put them in danger, and then one day when they’re about 16 sit down with them and show them all the bread you made and tell them it’s the result of being disciplined and putting the work in. 😊
You’re right about teaching them how to be rich, but why at the end of your life wouldn’t you give your money to your family? Family is why we ball so hard
In terms of parenting, overspoiling is not desirable. But as life is a competition, would you rather see your kin with an advantage? Why monarchies work, is that they promote dynasties. They hold on to power, with their children. Power, leverage, you know what i'm talking about. "what is to be a great guardian?"
Really what people mean is generational opportunities and resources. Not money. Your kids are free to teach themselves whatever skills they want with access to the best council, tutors and facilities. Outside of potty training, personal hygiene, and life advice, I wouldn't know nothin' about teaching skills to a child. I don't think that's how it works anymore. I may be wrong about that. If you disagree, educate me.
Teach them skills once they put in the work to earn the skillset reward them with some money and see what they do with the opportunity from their. If they are successfull repeat the process have them multiply the same with their children thats true generational wealth done correctly 👌
I dont mean to be negative here, what he is saying is true and has a lot of value, but it's easier said than done, and it's much eaiser to say and do as the son of a successful salesman. Not everyone gets a great head start with someone right beside them helping them understand these types of complex ideas ever since they were a young child
Or keep investing quietly, dont tell my wife and raise my family middle class building skills so after they graduate grad school and are already working with those skills, I slowly move everything into a trust so upon my death they will already know how to use the cash.
@@houserental5424 Yeah, I'm not trying to raise my offspring into a wasteful trust fund baby. They need to realize the value of money and how it works before they'd be able to inherit my wealth
Instead of giving the kid money I'd say pass down the skill that you learned to accumulate your wealth and then once you provide them with the fundamentals to a certain extent help get their first business or investment property and then from there it's on the child to continue to scale and reinvest into their own portfolio with the knowledge you provided them.
Whats the average minimum to invest into a local business and how does it work? Id try to contact the owner but then do we set up some sort of account?
This is how yall stay poor. You think all the wealthy families throw their money away instead of passing it down? Why do yall think inheritance tax is so high?
Correct. Some people believe wealthy people, like Warren Buffet and Bill Gates, when they say that they will leave all of their money to charity and not to their offspring. They may not leave 100% to their children, grandchildren, or great grandchildren, but they will not leave them 0%. The connections alone, of wealthy people, can help their offspring attain great wealth.
You guys are all about having money, why does it’s provenance matter. I mean you use the hustle as a branding tool because it makes a nice sellable brand for you guys, which is, I assume why you associate with Justin Waller who plays a hustle n grind bro, and now makes his money via « the real world ». Also are you saying if you have kids you won’t pass money onto them because they have to earn it themselves. Granted, this is from the same guy who thought that « it’s not about accomplishing your goals, it’s about the man you become » was a profound statement…you can pass money onto your kids, just guide them properly and ensure that they acquire their own skills, whether it be through education, pursuing interests, whatever. This whole worldview is so individualistic, that he doesn’t even believe in doing things for your own kids like passing what you’ve built onto them.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
Generational Skills. That's lit, never heard anyone say that before.
Same
Ima start using that analogy because it makes perfect sense
I’ve heard this from Alex Hormozi
Very famous dude
Depends the skill, they can come and go. Keeping generational money is far more difficult than learning a skill. Passing the money to a kid is easy, teaching that kid the proper skills on not only saving the but also making it grow or at least maintain its value is extremely difficult but extremely worth it.
“doing more harm, than good” teach them a skill instead. This man speaking facts 🗣️🔥
All facts no fluff
Facts, teaching generational skills is better, teach them generational health because with out your health nothing else matters.
The state of the soul being in aState of Grace, but health>wealth.
As someone who saw first hand “generational wealth” kill incentive and work ethic you are exactly right. New money tends to think giving their kids unearned money is a blessing - it isn’t.
Man I've been watching you for a decade or so.
6 Pack Suicide times.
Your consistency and development over the years is impressive.
And you've contributed to me so much, especially in terms of mindset, productivity, and physique.
I appreciate you, Big Homie 😉
Did you actually get a six pack from those videos?
We want to advance each generation not only in material goods, but more importantly, in physical, mental and spiritual goods. Cheers spreading positive messages .🙏🏿
Big respect 💯💪
Facts 100 agree with you because if you spoil your 5 year old kid its gonna be bad for him
Hells yeah I agree you got work for it ….. earn it
Best short you’ve made
THE BIG HOMMIE IS CRAZY 😂😂😂😂
Brandon you are a g thanks for inspiring my channel
Your sales training were actually amazing!
Of course it was
Top tier advice man. Had this conversation with my friends about not leaving your fortune to your kids. They won't appreciate it because they didn't earn it💥
Brandon speaking facts when you give a child everything they become like they don’t have to do anything and put much effort in. It’s all about what Brandon says generational skills teach your kids life skills so they can make money and become successful.
Brandon carter really changing the game with that quote “generational skills”
You’re my most inspirational person Brandon. Keep it real 💯👊🏼
The Richaard Milays. Hell yeah
toy watches
@@urakoitsija-umb9740 They're not my taste, but to be able to afford a mortgage on your wrist is admirable
Sales definitely is a key underrated skill that can be leveraged and scaled up 💰🔥
I like that generational skills 😎 Great way to put it
Well, you’re showing me (a 21 year old kid) how to work 10-12 hours daily, save up to invest, and ensure a better future for me and my family.
Facts, I remember watching your home workouts from atleast 10 years ago, made me realize that I don’t need a gym to get in shape, you stayed consistent this whole time and still look good. (Pause)
Top tier rapper
The thing about skills is they aren’t always in demand. People who come from nothing sometimes get lucky very few can reinvent the wheel. Generational wealth is good and make sure the child knows how to manage and invest and lives on a realistic budget.
The goat of goalkeeping speaking facts
Thank you for your knowledge sir
Real advice
Generational skills I never heard that one
"Bro Labs"😂😂😂
Real G shit
No lies detected. Maximum game given.
GENERATIONAL SKILLS
~Brandon Carter (2023)
rhyming richard mille with diamond chains keeping you big as hell
He talks how I talk…I like it
bro this guy is just full of great quotes
Or you can pass down both generational skills and wealth.
💯 facts
Generational wealth is about power. The families that have generational wealth control media, commodities, politics, technology, etc. They pass on the skills, network, and pedigrees. They educate them in the best schools you probably never heard of like Institut Le Rosey. They put the money in non-taxable trusts, and then they give their children control of those trusts.
When people say generational wealth they should mean power. It doesn't or shouldn't mean giving a child a bunch of unearned money to do whatever with so they don't have to work. It's about families maintaining control.
Teaching a kid skills is a good thing, but they need resources too. The world is super competitive and many parents in the Black and Spanish communities like to send their kids to get it out the mud and start from scratch because they had to, and all these White kids are starting life on third base or owning the whole field.
Incorrect, most generational wealth is squandered. You have to ensure your kids have skills and a good work effort before dumping money on them.
You are also making the typical broke victim loser-think argument of “you cant make money without money.” Do you realize most millionaires are first generation? Obviously not because you are playing the victim which will never help you even when true.
the way Brandon and the vast majority of millionaires succeeded is by investing their “active” income until their investments “passive” income proceeds exceeds their active income. Loser-think people try to get rich quick by using schemes and shortcuts that never work. Im guessing this is you.
Finally, why as a broke person are you arguing a point with a financially successful person like Brandin. That is inherently dumb. Talk less, listen more
@@houserental5424 Insulting people to make a point is sign of immaturity and low intelligence. It seems like you're projecting a lot of your own insecurities onto my comment.
Make a video on Generational Skills
Simulate poverty. Make them have a middle class lifestyle that won’t put them in danger, and then one day when they’re about 16 sit down with them and show them all the bread you made and tell them it’s the result of being disciplined and putting the work in. 😊
Statistically speaking people with generational wealth tend to do better in life
Well...... those 'generational skills' can go further when the person has easier access to credit and capital.
Generational wealth doesn’t mean just money, it means skills, resources, the family business, etc
You’re right about teaching them how to be rich, but why at the end of your life wouldn’t you give your money to your family?
Family is why we ball so hard
In terms of parenting, overspoiling is not desirable. But as life is a competition, would you rather see your kin with an advantage? Why monarchies work, is that they promote dynasties. They hold on to power, with their children. Power, leverage, you know what i'm talking about. "what is to be a great guardian?"
Polo game on point
You give a man a fish vs you teach a man to fish
Could be articulated better but I get his points
Y, sadly my havent done that
Facts
I agree
Really what people mean is generational opportunities and resources. Not money. Your kids are free to teach themselves whatever skills they want with access to the best council, tutors and facilities.
Outside of potty training, personal hygiene, and life advice, I wouldn't know nothin' about teaching skills to a child. I don't think that's how it works anymore. I may be wrong about that. If you disagree, educate me.
Like the Big Homie 💪😂
Brandon spitting fax, go back to his old vids, dude had no decent looking clothes whatsoever - he put his cash into his skills & now look
I actually think that both are good but I like to listen to different viewpoints. I like the way you think King Keto :)
Teach them skills once they put in the work to earn the skillset reward them with some money and see what they do with the opportunity from their. If they are successfull repeat the process have them multiply the same with their children thats true generational wealth done correctly 👌
Smart that actually creates more jobs as well, and than you wouldn’t have a bunch of people with trust funds 😂
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
Damn. Well said🦾
I dont mean to be negative here, what he is saying is true and has a lot of value, but it's easier said than done, and it's much eaiser to say and do as the son of a successful salesman. Not everyone gets a great head start with someone right beside them helping them understand these types of complex ideas ever since they were a young child
Generational Skills l.❤
Frfr I agree, now can I have a small loan of 400 euros?
You can’t do both…? Teach your children how to maintain and build what you startes.
Or keep investing quietly, dont tell my wife and raise my family middle class building skills so after they graduate grad school and are already working with those skills, I slowly move everything into a trust so upon my death they will already know how to use the cash.
This was in rich dad poor dad
Save the dolphins 😂😂
I would pass down some money to my kid tho. Not enough so that he or she will never have to work a day in his/her life, but enough to pay for a house.
Thats reasonable, too much money would be detrimental
@@houserental5424 Yeah, I'm not trying to raise my offspring into a wasteful trust fund baby. They need to realize the value of money and how it works before they'd be able to inherit my wealth
Instead of giving the kid money I'd say pass down the skill that you learned to accumulate your wealth and then once you provide them with the fundamentals to a certain extent help get their first business or investment property and then from there it's on the child to continue to scale and reinvest into their own portfolio with the knowledge you provided them.
I thought it was illegal to have money.
Whats the average minimum to invest into a local business and how does it work? Id try to contact the owner but then do we set up some sort of account?
Huh?
This is how yall stay poor. You think all the wealthy families throw their money away instead of passing it down? Why do yall think inheritance tax is so high?
Correct. Some people believe wealthy people, like Warren Buffet and Bill Gates, when they say that they will leave all of their money to charity and not to their offspring. They may not leave 100% to their children, grandchildren, or great grandchildren, but they will not leave them 0%. The connections alone, of wealthy people, can help their offspring attain great wealth.
“Ri-shard-mill”. That’s how it’s pronounced ❤️
I feel like I've seen these shorts before...are you recycling them?
reshaard milleeyy
Laughs in Rothschild.
100%. my kids ain’t getting any handouts
That's what i been trying to tell my son's mom. You're just spoiling the kid. Id be damned if he just fuck the money up when im dead and gone.
You guys are all about having money, why does it’s provenance matter. I mean you use the hustle as a branding tool because it makes a nice sellable brand for you guys, which is, I assume why you associate with Justin Waller who plays a hustle n grind bro, and now makes his money via « the real world ». Also are you saying if you have kids you won’t pass money onto them because they have to earn it themselves. Granted, this is from the same guy who thought that « it’s not about accomplishing your goals, it’s about the man you become » was a profound statement…you can pass money onto your kids, just guide them properly and ensure that they acquire their own skills, whether it be through education, pursuing interests, whatever. This whole worldview is so individualistic, that he doesn’t even believe in doing things for your own kids like passing what you’ve built onto them.
I don't want no Gucci.. or any of that. I want a carter sponsored PUBGM team 😅 we'll do anything to win please MR Carter (me and my friends)
90fps
L a m e a s s