Generational Wealth Begins with Generational Knowledge(R): The Seven Stages of Financial Empowerment and a Legacy of Prosperity - Paperback

by Joaquin Wallace (Author)

Throughout our lives, we've been told that money talks. But for many of us, it speaks a language we were never taught to understand.

Why do 70% of wealthy families lose their fortune by the second generation, and 90% by the third? The answer lies not in failed investment strategies but in what Dr. Joaquin E. Wallace calls our "Financial Genetic Code," encompassing our Inherited Financial Narratives, Encoded Financial Behaviors, and traumas that quietly shape how we relate to money.In Generational Wealth Begins with Generational Knowledge(R) The Seven Stages of Financial Empowerment and a Legacy of Prosperity, Dr. Wallace presents his groundbreaking Seven-Stage Generational Wealth Model(c). This comprehensive framework addresses both the psychological and practical elements of building lasting wealth.Unlike traditional financial guides that focus purely on tactics, Dr. Wallace explores how your financial past influences present decisions and future outcomes through 7 distinct stages. Each stage builds on the last, forming a complete path from financial anxiety to true generational prosperity.Dr. Wallace brings together lessons from his work as a financial planner, founder of the award-winning nonprofit Project Transition Incorporated, and host of The New Wealth Wave podcast. His approach speaks to individuals across all income levels and life stages.