MASTERCLASS: How To Build Generational Wealth & Never Worry About Money Again

"your money should be deposited into three different bank accounts and that is number one this is your spending account with a maximum of 75 cents for every dollar that you earn number two is your investment money which should hold a minimum of 15 cents of every dollar earn and the third is your savings money which will hold a minimum of 10 cents for every dollar that you earn this is my 751 1510 plan"

"you have two options you can be what I like to call an active investor or a passive investor"

"would you rather see cash flow or would you rather see appreciation"

"the three assets that have built more wealth than anything else over the last century are building a business investing in stocks investing in real estate"

"if it doesn't put money in your pocket if it is not an asset stop financing it"

"a rule of five which says if it's not something that I need to survive and I can't buy five of them I can't afford one of them"

"the fastest way to accelerate your path to wealth being financially free and never having to worry about money again is to increase your investments before you increase your spending"

"this decade of sacrifice means you go through a decade of spending less and earning more so you can invest like crazy"

"as you start investing your money into different asset classes like real estate or building your own business you got to get yourself a good attorney and you might have to go through a few different attorneys to find a good attorney but you want to find a good attorney if you're investing in real estate find a attorney who specializes in real estate if you're building a business find an attorney who specializes not just in building a business but in the industry that you're in"

"when you build wealth and when you build wealth strategically when you have the right attorneys and you build the right estate planning this is your will and your trust you can continue to impact the world long after that you're gone after you pass away you can continue to help the world through your legacy"

"when most people think of generational wealth they're thinking I own this home that's worth $600,000 with a $500,000 mortgage then I'm going to work to pay down my mortgage to $0 that way then I can pass down this house to my kids but that's not what real generational wealth looks like"