BiggerPockets Real Estate Podcast
Business:Investing
Want to learn how to create generational wealth? You know, the type of wealth that your children’s children’s children’s children can rely on. The type of wealth that allows your family to live a life of financial freedom, pursue their passions, and make a real impact on the world without having to sit behind a cubicle or screen all day long? That’s the wealth Whitney Elkins-Hutten is teaching you how to build in today’s episode.
After achieving financial independence for herself and her family through real estate, Whitney knew that she didn’t want her knowledge to go to waste. So, she developed a wealth-building blueprint for her daughter, which became her new book, Money for Tomorrow. In it, Whitney teaches you how to build a wealth legacy that will endure for generations to come and ensure that your descendants won’t gamble or spend away your life’s work.
To protect your generational wealth, Whitney walks us through the four financial “horsemen” that will drain your savings, crush you with taxes and fees, and lead you to financial ruin. So, if you want to ensure your wealth is built to last and will be there for generations, stick around for this episode and pick up your copy of Money for Tomorrow using code “MFTPOD” for a special discount!
In This Episode We Cover:
The generational wealth-building blueprint that anyone can follow to find financial freedom
The four “horsemen” that are coming to take your wealth when you’re not looking
Using insurance the right way to guard your health, wealth, and assets
Why you need to stop focusing on making money and START focusing on saving money
How to use the tax code to owe less to the IRS every year
The MASSIVE investment fee that you don’t even notice you’re paying for
How to pass on generational wealth to your children, their children, and beyond
And So Much More!
Links from the Show
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Join BiggerPockets for FREE
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
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Find a BiggerPockets Real Estate Meetup in Your Area
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Be a Guest on the BiggerPockets Podcast
Ask David Your Question
David's BiggerPockets Profile
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Rob's BiggerPockets Profile
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Grab Your Copy of “Money for Tomorrow”
Hear Our Last Episode with Whitney
Grab the CASHFLOW For Kids Board Game
Books Mentioned in the Show
Pillars of Wealth by David Greene
The Richest Man in Babylon by George S. Clason
Tax-Free Wealth by Tom Wheelwright
Connect with Whitney:
Whitney's BiggerPockets Profile
Whitney's Website
Whitney's LinkedIn
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-889
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
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719: Future Millionaires: The Real Estate Investing Hurdle You MUST Get Over
718: BiggerNews: The State of Real Estate in 2023 and 3 Ways to Beat a Bear Market
717: Seeing Greene: Hoarder Houses and Investing Tips for Late Starters
716: FIRE by 27 Using the "Chick-Fil-A Rule" of Real Estate w/Greg Cullen
715: How to Make 2023 Your Best Year Ever
714: Seeing Greene: Outsourcing, Retiring with Real Estate, & Investing in College
713: The Real Life Top Gun’s Advice to Become ELITE at Anything w/John Foley
712: Has the Short-Term Rental Goldmine Run Dry? w/AirDNA’s Jamie Lane
711: Is This the BIGGEST Multifamily Opportunity in 10 Years? w/Andrew Cushman and Matt Faircloth
710: How to TRIPLE Your Rental Property Income with Group Home Investing w/Antoinette Munroe
709: Everything a New Investor Should Know BEFORE Closing on a Property w/Ashley Kehr
708: Future Millionaires: The 90-Day Mentorship to Grow Your Real Estate Portfolio
707: 1031 Exchange Deep Dive: What to Know and Mistakes You MUST Avoid w/Expert Ryan Finch
706: How to Build a Real Estate Portfolio from Scratch in 2023
705: Portfolio Architecture 101: The 5 Keys to Building a Financial FORTRESS (Part 1)
704: The Risks and Rewards of Investing in Raw Land w/Paul Hersko and Willie Goldberg
703: The 6-Step Guide to Buying Your FIRST Rental Property
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