60/40 Generational Wealth Plan: How to Make Your Kid a Millionaire

Generational wealth and happiness are possible for your children. Find out how through our 60/40 Generational Wealth plan! Make My Kid a Millionaire: https://makemykidamillionaire.com/sa (use code MMKAM50 for $50 off) Crew Family Banking App: https://www.marriagekidsandmoney.com/crew (affiliate) CHAPTERS 00:00 - Intro - 60/40 Generational Wealth Plan 00:50 - Third Generation Challenge 01:55 - Communication is key 02:39 - 60/40 Generational Wealth Plan 03:25 - Spend (60%) 03:54 - Invest (20%) 04:17 - Save (10%) 05:15 - Give (10%) 05:40 - The 60/40 Generational Wealth Plan in action #GenerationalWealth #FamilyWealth #FinancialLiteracy #FamilyFinance #PersonalFinance OTHER VIDEOS TO WATCH GoHenry Review: Financial Literacy and Debit Card for Kids https://youtu.be/dXWvJ67SBHQ?si=GsfQE1VybHulWqL4 UTMA vs. 529: Which Investing Account is Better? https://youtu.be/Z6eW6z7-wuk?si=w5jwZcuFK2Y_UmTe Trust & Will Review: Simple Estate Planning Online https://youtu.be/-BJGtw1Mpyo?si=LTFLd-mVSKvzQWTJ BIO - ANDY HILL: Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness. Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock. ✅ CONNECT WITH US Instagram: https://www.instagram.com/marriagekidsandmoney Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/podcast-archive/ Facebook Group: https://www.marriagekidsandmoney.com/community HOW WE MAKE MONEY & DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS Research & Writing: Andy Hill Video Editing: EditVideo Thumbnails: Ardi, The Thumbnail Wiz Channel Management: Nev Maraj