The Active Duty Passive Income Podcast
The #1 Military Real Estate Investing show focused on achieving financial freedom through the power of real estate investing for those who serve. Hear stories from other veterans on how they were able to leverage their VA Loan to build passive income and financial independence for their transition from service. Learn Military House Hacking and other investing strategies to build wealth and earn a piece of the "American Dream" you've fought hard to defend!
The Active Duty Passive Income Podcast
ADPI_016: Generational Wealth Building
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Mike Foster: Education Chief and Co-Founder of ADPI
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Episode 16
In this episode, we discuss some key ways you can set your family up for success. How To Set Your Kids Up For Success!
"Generational Wealth Building"
1. Incorporation (Family Partnership)
2. Employment (Start 'Em Young)
3. Retirement (Self-Directed Roth IRA)
4. College (529 Plan)
5. Life Insurance (Myth Busting)
6. Educational Games/Reading ('Nuff Said)
7. Credit Building (Critical Step)
8. Work Online (Millennial $$$ Maker)
9. Trust Funds (Not Trust Fund Babies)
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Check out "Rich Dad Poor Dad" by Robert Kiyosaki, and other great books on our Resource Page:
https://www.activedutypassiveincome.com/p/resources
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